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NewAge Balance Sheet 2021-2011 | NBEV
Brief overview of NewAge's assets and capital
The review uses the five latest available annual reports between 2016 and 2020.
Total assets increased by +1,558.2%, from $26.7 million to $443.2 million. A CAGR near 101.8% points to substantial expansion.
Liabilities increased less than assets, posting +1,268.3% versus +1,558.2%. That relationship usually strengthens the balance sheet.
Equity finances 32.1% of the balance sheet, compared with 18.3% at the start. The cushion remains adequate.
Cash exceeds interest-bearing debt, producing net debt of -$20.6 million. The balance sheet therefore carries a net cash position.
The cash share moved from 2% to 9.9%. A higher figure generally provides more room in an adverse scenario.
The balance sheet carries negative retained earnings of -$151.8 million. The figure may result from accumulated losses or an active capital return policy.
Overall picture
The indicators point to a strong balance sheet position for NewAge: funding is balanced and liability risks appear controlled.
Annual Balance Sheet NewAge
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Debt |
- | -20.6 M | -42.4 M | -36.4 M | 7.2 M | 9.88 M | 58.7 K | -93.9 K | -424 K | - | - |
Long Term Debt |
- | 16.2 M | 12.8 M | 1.32 M | - | 10.4 M | 103 K | 5.01 K | 4.94 K | - | - |
Long Term Debt Current |
- | 6.95 M | 5.67 M | 4.8 M | - | - | - | - | - | - | - |
Total Non Current Liabilities |
- | 18 M | 79.4 M | 77.3 M | 3.82 M | 10.4 M | 103 K | 5.01 K | 4.94 K | - | - |
Total Current Liabilities |
- | 123 M | 79.4 M | 55.1 M | 10.3 M | 11.4 M | 571 K | 756 K | 571 K | - | - |
Total Liabilities |
- | 299 M | 159 M | 132 M | 14.9 M | 21.8 M | 674 K | 761 K | 576 K | - | - |
Deferred Revenue |
- | 6.28 M | 1.36 M | 2.7 M | - | - | - | - | - | - | - |
Retained Earnings |
- | -152 M | -112 M | -22.6 M | -10.5 M | -6.96 M | -3.33 M | -2.13 M | -875 K | - | - |
Total Assets |
- | 443 M | 251 M | 287 M | 67.7 M | 26.7 M | 1.17 M | 1.31 M | 1.14 M | - | - |
Cash and Cash Equivalents |
- | 43.7 M | 60.8 M | 42.5 M | 285 K | 529 K | 43.9 K | 98.9 K | 429 K | - | - |
Book Value |
- | 144 M | 92.3 M | 155 M | 52.7 M | 4.88 M | 495 K | 545 K | 561 K | - | - |
Total Shareholders Equity |
- | 142 M | 92.3 M | 155 M | 52.7 M | 4.88 M | 495 K | -445 K | 310 K | - | - |
All numbers in USD currency
Quarterly Balance Sheet NewAge
| 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Long Term Debt |
- | - | - | - | - | 16.2 M | 12.1 M | 10.3 M | 16.2 M | 18.5 M | 18.8 M | 12.2 M | 12.8 M | 13.1 M | 13.4 M | 13.7 M | 1.32 M | 3.73 M | 3.84 M | 3.76 M | 3.82 M | 4.18 M | 4.32 M | 3.82 M | - | 10.7 M | - | - | 78.9 K | - | 124 K | 124 K | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Liabilities |
- | - | - | - | - | 184 M | 230 M | 297 M | 299 M | 135 M | 144 M | 140 M | 159 M | 164 M | 174 M | 193 M | 132 M | 7.66 M | 17.5 M | 16.3 M | 14.9 M | 14.4 M | 13.6 M | 11.4 M | 21.8 M | 20.9 M | 20.3 M | 1.06 M | 674 K | 674 K | 674 K | 1.02 M | 761 K | 840 K | 653 K | 669 K | 576 K | 576 K | 576 K | 576 K | - | - | - | - | - | - | - | - |
Deferred Revenue |
- | - | - | - | - | 2.35 M | 1.9 M | 4.65 M | 6.28 M | 2.33 M | 2.58 M | 3.37 M | 1.36 M | 1.27 M | 5.27 M | 1.36 M | 2.7 M | 2.7 M | 2.7 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Retained Earnings |
- | - | - | - | - | -155 M | -152 M | -170 M | -152 M | -148 M | -134 M | -124 M | -112 M | -46.6 M | -35.9 M | -24.3 M | -22.6 M | -20 M | -16.5 M | -13.2 M | -10.5 M | -5.66 M | -5.18 M | -7.67 M | -6.96 M | -6.96 M | -6.96 M | -6.96 M | -3.33 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Assets |
- | - | - | - | - | 406 M | 452 M | 466 M | 443 M | 220 M | 242 M | 229 M | 251 M | 314 M | 332 M | 349 M | 287 M | 97.2 M | 69.5 M | 66.8 M | 67.7 M | 69.2 M | 69 M | 40.3 M | 26.7 M | 27.5 M | 26.5 M | 1.29 M | 1.17 M | 1.17 M | 1.17 M | 1.65 M | 1.31 M | 1.35 M | 1.3 M | 1.26 M | 1.14 M | 1.14 M | 1.14 M | 1.14 M | - | - | - | - | - | - | - | - |
Cash and Cash Equivalents |
- | - | - | - | - | 46.8 M | 80.9 M | 90.6 M | 43.7 M | 26.9 M | 40.7 M | 27.5 M | 60.8 M | 68.4 M | 83.6 M | 113 M | 42.5 M | 28.6 M | 213 K | 94 K | 285 K | 592 K | 298 K | 535 K | 529 K | 268 K | 5.81 K | 151 K | 43.9 K | 43.9 K | 43.9 K | 458 K | 98.9 K | 116 K | 266 K | 216 K | 429 K | 429 K | 429 K | 429 K | 47.3 K | - | - | - | - | - | - | - |
Book Value |
- | - | - | - | - | 222 M | 223 M | 168 M | 144 M | 84.4 M | 97.5 M | 88.8 M | 92.3 M | 150 M | 158 M | 156 M | 155 M | 89.6 M | 52 M | 50.5 M | 52.7 M | 54.8 M | 55.5 M | 28.9 M | 4.88 M | 6.59 M | 6.2 M | 225 K | 495 K | 495 K | 495 K | 629 K | 545 K | 509 K | 643 K | 592 K | 561 K | 561 K | 561 K | 561 K | - | - | - | - | - | - | - | - |
Total Shareholders Equity |
- | - | - | - | - | 222 M | 223 M | 168 M | 142 M | 84.4 M | 97.5 M | 88.8 M | 92.3 M | 150 M | 158 M | 156 M | 155 M | 89.6 M | 52 M | 50.5 M | 52.7 M | 54.8 M | 55.5 M | 28.9 M | 4.88 M | 6.59 M | 6.2 M | 225 K | 495 K | 495 K | 495 K | 629 K | -445 K | 509 K | 643 K | 592 K | 310 K | 561 K | 561 K | 561 K | -45 K | - | - | - | - | - | - | - |
All numbers in USD currency
Balance Sheet is a fundamental financial report of NewAge, 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.
Balance sheet of other industry stocks – Beverages non alcoholic
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|---|---|---|---|---|---|
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