Question: Hello team - Please help in understanding below balance sheet. Is organizations performance over 8 years good or bad. Please tell pros and cons. Year1
Hello team - Please help in understanding below balance sheet. Is organizations performance over 8 years good or bad. Please tell pros and cons.
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| Year1 | Year2 | Year3 | Year4 | Year5 | Year6 | Year7 | Year8 |
| Cash | 4,260 | 0 | 0 | 0 | 0 | 0 | 16,363 | 28,182 |
| AR | 9,303 | 7,586 | 5,373 | 13,958 | 12,810 | 16,456 | 19,145 | 12,811 |
| Inventory | 30,191 | 37,369 | 66,019 | 35,230 | 53,453 | 26,920 | 0 | 0 |
| Total current assets | 43,754 | 44,955 | 71,392 | 49,189 | 66,263 | 43,376 | 35,508 | 40,993 |
| Plant & equipment | 113,800 | 117,400 | 123,760 | 129,560 | 129,920 | 74,740 | 60,680 | 61,620 |
| Accumulated depreciation | -45,520 | -53,347 | -61,597 | -70,235 | -78,896 | -50,736 | -45,648 | -49,756 |
| Total fixed assets | 68,280 | 64,053 | 62,163 | 59,325 | 51,024 | 24,004 | 15,032 | 11,864 |
| Total assets | 112,034 | 109,008 | 133,554 | 108,514 | 117,287 | 67,380 | 50,540 | 52,857 |
| AP | 8,143 | 5,612 | 6,079 | 3,005 | 5,884 | 2,510 | 4,781 | 4,997 |
| Current debt | 10,000 | 19,707 | 46,107 | 28,689 | 47,670 | 22,770 | 0 | 0 |
| Long debt | 41,700 | 34,750 | 51,242 | 49,730 | 49,730 | 28,880 | 28,880 | 28,880 |
| Total liabilities | 59,843 | 60,069 | 103,429 | 81,424 | 103,284 | 54,159 | 33,661 | 33,877 |
| Common stock | 18,360 | 18,860 | 18,860 | 18,860 | 18,860 | 19,262 | 19,745 | 19,745 |
| Retained earnings | 33,831 | 30,079 | 11,266 | 8,230 | -4,857 | -6,042 | -2,867 | -766 |
| Total equity | 52,191 | 48,939 | 30,126 | 27,090 | 14,003 | 13,221 | 16,878 | 18,980 |
| Total liability & equity | 112,034 | 109,008 | 133,554 | 108,514 | 117,287 | 67,380 | 50,540 | 52,857 |
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