TowneBank
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has TowneBank's balance sheet done over the years? Its assets were worth $16,835,039,000 last year, which is more than in the previous period. 88% of TowneBank’s total assets is currently financed by debt. Its liabilities reached the amount of $14,779,161,000, which means an increase by 5763% compared compared to last year.
Debt to Assets
| 2014 | 4982485000 | 4.36B | 87.59% |
|---|---|---|---|
| 2015 | 6296574000 | 5.47B | 86.97% |
| 2016 | 7973915000 | 6.88B | 86.37% |
| 2017 | 8522176000 | 7.37B | 86.59% |
| 2018 | 11163030000 | 9.62B | 86.22% |
| 2019 | 11947663000 | 720.14M | 6.03% |
| 2020 | 14626444000 | 705.09M | 4.82% |
| 2021 | 16361387000 | 405.01M | 2.48% |
| 2022 | 15845267000 | 252.09M | 1.59% |
| 2023 | 16835039000 | 14.77B | 87.79% |
TOWN Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 189.00M | 1.15B | 3.29B | 1.86B | 442.61M | 686.69M | 504.87M | 136.54M | 251.83M | 214.00M |
Short term investments | 0 | 1.84B | 1.80B | 1.36B | 1.44B | 1.09B | 867.65M | 812.97M | 723.48M | 603.90M |
Net receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 0 | 1.19B | 3.32B | 1.90B | 457.97M | 7.52B | 5.71B | 5.64B | 4.17B | 3.01B |
Total current assets | 189.00M | 152.62M | 5.10B | 3.23B | 1.88B | 9.30B | 7.08B | 6.59B | 5.14B | 3.83B |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 337.59M | 304.80M | 270.77M | 260.24M | 231.80M | 211.79M | 194.9M | 198.56M | 173.69M | 155.77M |
Goodwill | 456.33M | 458.48M | 457.18M | 452.32M | 446.81M | 433.65M | 270.25M | 264.91M | 154.84M | 113.15M |
Intangible assets | 64.63M | 43.16M | 50.37M | 45.53M | 54.39M | 58.75M | 38.56M | 37.85M | 26.15M | 22.50M |
Long term investments | 0 | 2.39B | 1.96B | 1.39B | 1.49B | 1.15B | 928.95M | 879.46M | 792.53M | 856.27M |
Other non-current assets | 15.78B | -2.43B | -74.42M | -77.07M | -2.22B | 0 | 267.68M | 0 | 5.70B | 4.49B |
Total non-current assets | 16.64B | 884.57M | 2.74B | 2.14B | 2.22B | 1.85B | 1.43B | 1.38B | 1.14B | 1.14B |
Total assets | 16.83B | 15.84B | 16.36B | 14.62B | 11.94B | 11.16B | 8.52B | 7.97B | 6.29B | 4.98B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 76.30M | 87.98M | 380.35M | 428.00M | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 0 | 12.56B | 11.77B | 9.57B | 6.96B | 0 | 4.42B | 0 | 0 | 0 |
| Non-current liabilities: | ||||||||||
Long term debt | 259.75M | 277.09M | 405.01M | 705.09M | 720.14M | 1.04B | 774.11M | 687.51M | 429.08M | 398.18M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | -259.75M | -25M | -405.01M | -705.09M | -720.14M | 0 | -774.11M | 0 | -429.08M | -398.18M |
Total non-current liabilities | 1.38B | 252.09M | 405.01M | 705.09M | 720.14M | 1.04B | 774.11M | 687.51M | 429.08M | 398.18M |
Total liabilities | 14.77B | 252.09M | 405.01M | 705.09M | 720.14M | 9.62B | 7.37B | 6.88B | 5.47B | 4.36B |