603444 Historical Balance Sheet

603444 Stock   313.20  13.79  4.22%   
Trend analysis of G bits Network Technology balance sheet accounts such as Other Current Liab of 9.3 M, Total Current Liabilities of 817.5 M or Total Stockholder Equity of 2.6 B provides information on G Bits' total assets, liabilities, and equity, which is the actual value of G bits Network to its prevalent stockholders. By breaking down trends over time using G Bits balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Financial Statement Analysis is much more than just reviewing and examining G bits Network latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether G bits Network is a good buy for the upcoming year.

G Bits Inventory

424,066

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in G bits Network Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

About 603444 Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of G bits Network at a specified time, usually calculated after every quarter, six months, or one year. G Bits Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of G Bits and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 603444 currently owns. An asset can also be divided into two categories, current and non-current.

G Bits Balance Sheet Chart

At present, G Bits' Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 393.5 M, whereas Total Assets are forecasted to decline to about 3.8 B.

Total Assets

Total assets refers to the total amount of G Bits assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in G bits Network books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on G Bits balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of G bits Network Technology are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
Most accounts from G Bits' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into G bits Network current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in G bits Network Technology. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
At present, G Bits' Other Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 393.5 M, whereas Total Assets are forecasted to decline to about 3.8 B.
 2022 2023 2024 2025 (projected)
Other Current Liabilities25.9M13.7M9.8M9.3M
Total Assets6.5B6.6B6.9B3.8B

G Bits balance sheet Correlations

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0.970.40.940.830.940.920.72-0.080.820.381.00.550.530.810.880.950.230.480.830.830.940.830.940.090.79
1.00.360.940.830.990.870.780.00.840.520.940.590.620.90.730.990.370.630.90.920.980.920.940.160.79
0.850.050.830.830.850.810.64-0.420.530.70.830.770.490.830.80.860.580.440.870.680.860.680.93-0.190.67
0.990.370.940.990.850.870.77-0.080.80.540.940.570.570.890.740.990.390.620.90.910.970.910.940.130.8
0.890.310.920.870.810.870.53-0.10.680.360.910.550.50.720.830.880.270.390.680.650.90.650.83-0.160.65
0.770.250.720.780.640.770.530.110.810.550.730.560.530.720.510.780.390.60.860.820.790.820.760.630.64
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0.830.530.820.840.530.80.680.810.390.290.830.360.520.790.510.810.060.690.770.820.840.820.730.50.74
0.49-0.080.380.520.70.540.360.55-0.160.290.380.610.50.660.270.540.920.450.690.460.580.460.54-0.060.4
0.970.451.00.940.830.940.910.73-0.080.830.380.520.520.830.860.950.220.510.840.840.940.840.940.10.82
0.6-0.490.550.590.770.570.550.56-0.230.360.610.520.350.570.620.650.630.160.630.480.620.480.69-0.060.18
0.60.150.530.620.490.570.50.530.210.520.50.520.350.590.360.620.440.420.570.580.630.580.530.140.42
0.890.320.810.90.830.890.720.72-0.020.790.660.830.570.590.530.90.410.80.940.860.90.860.890.090.82
0.780.130.880.730.80.740.830.51-0.350.510.270.860.620.360.530.770.260.040.610.560.750.560.82-0.150.52
1.00.290.950.990.860.990.880.78-0.050.810.540.950.650.620.90.770.410.60.90.910.980.910.950.130.76
0.34-0.320.230.370.580.390.270.39-0.20.060.920.220.630.440.410.260.410.130.470.280.430.280.38-0.140.09
0.590.460.480.630.440.620.390.60.150.690.450.510.160.420.80.040.60.130.740.680.590.680.560.360.71
0.890.260.830.90.870.90.680.86-0.160.770.690.840.630.570.940.610.90.470.740.880.890.880.940.250.8
0.910.380.830.920.680.910.650.820.090.820.460.840.480.580.860.560.910.280.680.880.881.00.850.370.81
0.980.350.940.980.860.970.90.790.030.840.580.940.620.630.90.750.980.430.590.890.880.880.920.120.79
0.910.380.830.920.680.910.650.820.090.820.460.840.480.580.860.560.910.280.680.881.00.880.850.370.81
0.950.220.940.940.930.940.830.76-0.280.730.540.940.690.530.890.820.950.380.560.940.850.920.850.060.77
0.130.250.090.16-0.190.13-0.160.630.490.5-0.060.1-0.060.140.09-0.150.13-0.140.360.250.370.120.370.060.14
0.790.70.790.790.670.80.650.64-0.040.740.40.820.180.420.820.520.760.090.710.80.810.790.810.770.14
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G Bits Account Relationship Matchups

G Bits balance sheet Accounts

202020212022202320242025 (projected)
Total Assets5.4B7.1B6.5B6.6B6.9B3.8B
Other Current Liab614.8M1.1B25.9M13.7M9.8M9.3M
Total Current Liabilities971.9M1.8B1.7B1.3B1.2B817.5M
Total Stockholder Equity3.8B4.6B4.0B4.5B4.9B2.6B
Other Liab22.5M95.2M161.1M215.4M247.8M260.2M
Retained Earnings2.6B3.2B2.5B2.9B3.4B1.7B
Cash2.1B2.9B2.6B2.4B2.3B1.4B
Other Assets595.3M145.3M237.4M325.9M374.7M393.5M
Net Receivables195.5M294.2M264.7M238.8M170.9M179.5M
Other Current Assets117.3M80.4M34.6M23.3M372.9M391.6M
Total Liab1.1B2.0B1.8B1.4B1.3B899.4M
Intangible Assets7.3M2.3M72.1M69.8M69.9M73.4M
Property Plant Equipment504.1M984.9M866.0M723.1M831.5M873.1M
Accounts Payable6.9M280.7M282.2M188.8M170.5M86.2M
Net Tangible Assets2.9B3.1B3.8B4.6B5.3B3.0B
Deferred Long Term Liab16.4M18.9M24.8M6.9M7.9M12.4M
Total Current Assets3.3B4.4B3.6B3.8B4.3B3.2B
Non Current Assets Total2.1B2.7B2.9B2.8B2.6B2.2B
Non Currrent Assets Other30.4M252.0K40.6M46.1M3.0M2.8M
Non Current Liabilities Total168.1M217.6M90.3M86.3M64.9M115.5M
Common Stock Shares Outstanding71.9M71.9M71.9M72.0M82.8M79.1M
Short Term Investments678.0M1.0B629.6M1.1B1.4B902.3M
Other Stockholder Equity11.3M4.7M(8.1M)(14.0M)(12.6M)(12.0M)
Net Invested Capital3.8B4.6B4.0B4.5B4.9B4.2B
Non Current Liabilities Other130.1M213.5M82.5M57.3M44.1M72.1M
Net Working Capital2.3B2.5B1.9B2.5B3.1B2.4B
Capital Stock71.9M71.9M71.9M72.0M82.8M79.1M
Property Plant And Equipment Net866.0M723.1M646.7M634.4M549.1M587.2M
Property Plant And Equipment Gross975.0M870.1M878.2M918.7M549.1M697.6M

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Other Information on Investing in 603444 Stock

Balance Sheet is a snapshot of the financial position of G bits Network at a specified time, usually calculated after every quarter, six months, or one year. G Bits Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of G Bits and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which 603444 currently owns. An asset can also be divided into two categories, current and non-current.