
Houston Wire & Cable Company Balance Sheet 2020-2011 | HWCC
Brief overview of Houston Wire & Cable Company's balance sheet structure
The review uses the five latest available annual reports between 2016 and 2020.
Assets declined from $175.9 million to $157.7 million, or -10.3%. The contraction calls for context such as disposals, restructuring or weaker operations.
Liabilities grew more slowly than assets: -23.2% versus -10.3%. Expansion relied more on equity, improving funding quality.
Retained earnings are $96.1 million versus $97.5 million initially. The direction shows how results contributed to equity.
Conclusion
Houston Wire & Cable Company's financial position is more positive than negative: the funding mix is workable, although the cushion is not unlimited.
Annual Balance Sheet Houston Wire & Cable Company
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
30.4 M | 93.9 M | 69.9 M | 76.6 M | 63.6 M | 42.9 M | 57 M | 52.5 M | 58.3 M | 50.2 M |
Long Term Debt |
28.8 M | 83.5 M | 71.3 M | 73.6 M | 60.4 M | 39.2 M | 53.8 M | 48 M | 58.6 M | 48 M |
Total Non Current Liabilities |
39.5 M | 96.7 M | 71.9 M | 75 M | 60.9 M | 39.5 M | 54.1 M | 48.5 M | 60.4 M | 50.3 M |
Total Current Liabilities |
26.3 M | 39.9 M | 30.5 M | 28.3 M | 24.8 M | 19.6 M | 24.4 M | 37 M | 27.7 M | 31.5 M |
Total Liabilities |
65.8 M | 137 M | 102 M | 103 M | 85.7 M | 59.1 M | 78.5 M | 85.5 M | 88.1 M | 81.8 M |
Deferred Revenue |
- | - | - | - | - | 169 K | 62 K | 522 K | 429 K | 7.65 M |
Retained Earnings |
96.1 M | 109 M | 106 M | 97.3 M | 97.6 M | 106 M | 111 M | 105 M | 104 M | 93.6 M |
Total Assets |
158 M | 240 M | 203 M | 194 M | 176 M | 159 M | 190 M | 196 M | 197 M | 179 M |
All numbers in USD currency
Balance Sheet is a fundamental financial report of Houston Wire & Cable Company, providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.
For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.
Features of balance sheet analysis- Vertical and horizontal analysis
Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods. - Asset quality
It is important to evaluate not only the amount of assets but also their liquidity and realizability. - Accounting for off-balance sheet liabilities
Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.
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