Reaves Utility Income Fund
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Reaves Utility Income Fund's balance sheet done over the years? Its assets were worth $2,425,315,254 last year, which is less than in the previous period. 22% of Reaves Utility Income Fund’s total assets is currently financed by debt. Its liabilities reached the amount of $531,546,656, which means an increase by 6% compared compared to last year.
Debt to Assets
| 2014 | 1242465602 | 293.37M | 23.61% |
|---|---|---|---|
| 2015 | 1203835630 | 324.88M | 26.99% |
| 2016 | 1439918997 | 323.34M | 22.46% |
| 2017 | 1950037337 | 337.17M | 17.29% |
| 2018 | 2005212691 | 460.25M | 22.95% |
| 2019 | 2227987836 | 448.00M | 20.11% |
| 2020 | 2013367948 | 353.61M | 17.56% |
| 2021 | 2616469239 | 458.41M | 17.52% |
| 2022 | 2497781592 | 503.06M | 20.14% |
| 2023 | 2425315254 | 531.54M | 21.92% |
UTG Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 994.51K | 625.82K | 1.36M | 0 | 96.80K | 0 | 663.66K | 23.72K | 0 | 116.5K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 4.65M | 5.51M | 7.60M | 6.30M | 3.09M | 43.85M | 2.38M | 2.34M | 2.03M | 5.97M |
Inventory | 70.03M | 115.09M | 31.98M | 0 | 0 | 0 | 3.10M | 0 | 0 | 0 |
Other current assets | -70.03M | -115.09M | -31.98M | -6.30M | -3.18M | 0 | 0 | 0 | 688.75K | 0 |
Total current assets | 5.65M | 6.14M | 8.96M | 6.30M | 3.09M | 43.85M | 3.05M | 2.36M | 2.03M | 6.09M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 2.41B | 2.49B | 2.60B | 2.00B | 2.22B | 1.96B | 1.94B | 1.43B | 1.20B | 1.23B |
Other non-current assets | 0 | -2.49B | -2.60B | -2.00B | -2.22B | -1.96B | -1.94B | -1.43B | -1.20B | -1.23B |
Total non-current assets | 2.41B | 2.49B | 2.60B | 2.00B | 2.22B | 1.96B | 1.94B | 1.43B | 1.20B | 1.23B |
Total assets | 2.42B | 2.49B | 2.61B | 2.01B | 2.22B | 2.00B | 1.95B | 1.43B | 1.20B | 1.24B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 6.71M | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 0 | 0 | 74.04K | 0 | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 11.50M | 1.51M | 5.59M | 6.78M | 1.13M | 13.69M | 15.43M | 2.10M | 3.97M | 2.49M |
| Non-current liabilities: | ||||||||||
Long term debt | 0 | 500M | 450M | 345M | 445M | 445M | 0 | 320M | 320M | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | -498.48M | -450M | -345M | -445M | -445M | 0 | -320M | -320M | 0 |
Total non-current liabilities | 520M | 1.51M | 450M | 345M | 445M | 445M | 320M | 320M | 320M | 290M |
Total liabilities | 531.54M | 503.06M | 458.41M | 353.61M | 448.00M | 460.25M | 337.17M | 323.34M | 324.88M | 293.37M |