Shyft Historical Balance Sheet

SHYF Stock  USD 12.64  0.12  0.94%   
Trend analysis of Shyft Group balance sheet accounts such as Total Stockholder Equity of 264.8 M, Property Plant And Equipment Net of 135.7 M, Net Debt of 128.5 M or Retained Earnings of 166.4 M provides information on Shyft's total assets, liabilities, and equity, which is the actual value of Shyft Group to its prevalent stockholders. By breaking down trends over time using Shyft 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 Shyft Group 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 Shyft Group is a good buy for the upcoming year.

Shyft Inventory

110.39 Million

  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.

About Shyft Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Shyft Group at a specified time, usually calculated after every quarter, six months, or one year. Shyft Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Shyft 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 Shyft currently owns. An asset can also be divided into two categories, current and non-current.

Shyft Balance Sheet Chart

At this time, Shyft's Other Current Liabilities is most likely to increase significantly in the upcoming years. The Shyft's current Total Current Liabilities is estimated to increase to about 192 M, while Short Term Debt is projected to decrease to roughly 43.2 M.

Total Assets

Total assets refers to the total amount of Shyft 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 Shyft Group 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 Shyft balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Shyft Group 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.
Most accounts from Shyft's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Shyft Group 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 World Market Map to better understand how to build diversified portfolios, which includes a position in Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
At this time, Shyft's Other Current Liabilities is most likely to increase significantly in the upcoming years. The Shyft's current Total Current Liabilities is estimated to increase to about 192 M, while Short Term Debt is projected to decrease to roughly 43.2 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total55.2M131.1M132.4M139.0M
Total Assets447.9M580.5M530.0M556.6M

Shyft balance sheet Correlations

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Shyft Account Relationship Matchups

Shyft balance sheet Accounts

201920202021202220232024 (projected)
Total Assets450.5M359.0M447.9M580.5M530.0M556.6M
Short Long Term Debt Total129.4M74.3M55.2M131.1M132.4M139.0M
Other Current Liab87.1M30.9M34.3M41.0M32.7M34.4M
Total Current Liabilities158.0M93.4M135.8M201.2M182.8M192.0M
Total Stockholder Equity172.3M200.3M266.8M268.6M252.2M264.8M
Property Plant And Equipment Net72.2M89.2M104.4M124.1M129.3M135.7M
Net Debt110.1M53.3M18.0M119.6M122.4M128.5M
Retained Earnings86.8M109.3M171.4M175.6M158.5M166.4M
Cash19.3M21.0M37.2M11.5M10.0M14.8M
Non Current Assets Total197.7M202.8M214.0M234.7M243.1M255.3M
Cash And Short Term Investments19.3M21.0M37.2M11.5M10.0M14.9M
Net Receivables77.9M80.6M118.7M222.3M164.4M172.6M
Common Stock Shares Outstanding35.3M36.0M36.1M35.5M34.9M35.1M
Liabilities And Stockholders Equity450.5M359.0M447.9M580.5M530.0M556.6M
Non Current Liabilities Total120.8M65.5M45.2M110.6M95.1M99.8M
Inventory59.5M46.4M67.2M100.2M105.1M110.4M
Other Current Assets5.3M8.2M10.8M11.8M7.5M8.4M
Other Stockholder Equity165.4M177.9M85.1M101K116.2K110.3K
Total Liab278.8M158.9M181.0M311.8M277.9M291.8M
Property Plant And Equipment Gross72.2M89.2M104.4M70.8M204.8M215.0M
Total Current Assets252.8M156.2M233.8M345.8M286.9M301.3M
Short Term Debt13.5M14.2M18.1M30.6M45.5M43.2M
Accounts Payable54.7M47.5M82.4M124.3M99.9M104.8M
Non Currrent Assets Other2.3M2.1M2.9M2.2M2.4M1.8M
Intangible Assets54.1M56.4M53.0M49.1M45.3M47.5M
Current Deferred Revenue2.6M756K988K5.3M4.8M4.5M
Good Will33.8M43.6M49.5M48.9M44.0M41.8M
Other Assets27.8M51.2M7.8M12.6M14.5M22.9M
Long Term Debt88.7M23.4M738K56.3M50.1M32.7M
Long Term Debt Total88.7M23.4M738K56.3M64.7M67.9M
Property Plant Equipment72.2M89.2M104.4M70.8M81.4M72.1M
Other Liab4.9M5.4M8.1M10.0M11.5M6.3M
Net Tangible Assets74.6M94.5M164.9M219.5M252.4M153.4M
Short Long Term Debt8.3M6.7M10.2M19.7M34.7M36.4M
Non Current Liabilities Other4.9M5.4M44.4M10.0M8.2M11.7M

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Additional Information and Resources on Investing in Shyft Stock

When determining whether Shyft Group is a strong investment it is important to analyze Shyft's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shyft's future performance. For an informed investment choice regarding Shyft Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shyft Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shyft. If investors know Shyft will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shyft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73)
Dividend Share
0.2
Revenue Per Share
23.936
Quarterly Revenue Growth
(0.19)
Return On Assets
0.0013
The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shyft's market value can be influenced by many factors that don't directly affect Shyft's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.