In financial accounting, a balance sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.

Meggitt PLC Balance Sheet Statement - Assets

As of 31 Dec 2021, The total current assets of Meggitt PLC (LSE:MGGT) was around £1,007,300,000 which consisted of £190,800,000 of Cash, £455,400,000 of Inventory and £341,800,000 of Net receivables. Current assets represent all the assets of a company that are expected to be conveniently sold, consumed, used, or exhausted through standard business operations within one year.

All amounts in GBP

Cash
£190.8M
Current assets
£1.01B
Total assets
£3.97B

The latest balance sheet of Meggitt PLC also showed £478,600,000 of Property Plant Equipment and £1,531,800,000 of Good will. Also there were £306,600,000 of Intangible assets and £628,300,000 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were £3,971,300,000.

Meggitt PLC Balance Sheet Statement - Liabilities

MGGT's latest annual results shows the balance sheet has £132,400,000 of Accounts Payable. Also there were £105,300,000 of Short/Long term debt, £696,000,000 of Long term debt, £264,700,000 of Other Current liabilities and £594,700,000 of Total Current Liabilities. Current liabilities are a company's short-term financial obligations that are due within one year or within a normal operating cycle.

Account payable
£132.4M
Current liabilities
£594.7M
Total liabilities
£1.81B

As per the 31 Dec 2021's annual report of Meggitt PLC, the total liabilities were £1,809,300,000.

MGGT Balance Sheet Statement - Stock Holder Equity

Stockholders' equity, also referred to as shareholders' equity, is the remaining amount of assets available to shareholders after all liabilities have been paid. It is calculated either as a firm's total assets less its total liabilities or alternatively as the sum of share capital and retained earnings less treasury shares. Stockholders' equity might include common stock, paid-in capital, retained earnings and treasury stock.

The latest Balance sheet of Meggitt PLC showed the total stock holder equity was £2,162,000,000 which consisted of £39,100,000 of Common stocks, £535,500,000 of Retained earnings and £359,600,000 of Other stock holder equity.

MGGT Balance Sheet Statement History

Following table shows the history of balance sheet for Meggitt PLC (MGGT).

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash190.8M178.6M155.3M181.9M
Net Receivables341.8M298.9M457.3M444.8M
Inventory455.4M426.9M489.8M441.2M
Total Current Assets1.01B937M1.11B1.11B
Property Plant Equipment478.6M458.8M449.4M404M
Good Will1.53B1.52B1.97B2.04B
Intangible Assets306.6M401.1M503.6M610.4M
Other Assets628.3M655.8M704M677.6M
Deferred Long Term Asset Charges-19.2M23.3M16.3M
Total Assets3.97B4B4.74B4.86B
Accounts Payable132.4M131.4M464.5M195M
Short/Long Term Debt105.3M10.5M219.4M10.2M
Other Current Liabilities264.7M261.5M184.8M314.9M
Long Term Debt696M796.8M694.5M1.15B
Other Liabilities365.2M551.8M571.3M517.3M
Total Current Liabilities594.7M487.3M885.1M618M
Total Liabilities1.81B1.97B2.29B2.37B
Common Stock39.1M39M38.8M38.8M
Retained Earnings535.5M402.4M750.4M720.2M
Treasury Stock359.6M364.6M441.1M509.5M
Other Stockholder Equity359.6M364.6M441.1M509.5M
Total Stockholder Equity2.16B2.03B2.46B2.49B
Net Tangible Assets323.6M112M-13.4M-153.3M

Meggitt PLC (LSE:MGGT) Balance Sheet Statement FAQ

1. How much Cash Meggitt PLC has on their balance sheet?

As of 31 Dec 2021, Meggitt PLC (LSE:MGGT) has £190,800,000 of Cash.

2. What's the long term debt of Meggitt PLC?

As per the latest Balance sheet of Meggitt PLC (LSE:MGGT), it has £696,000,000 of Long term debt.

3. How much share holder equity does Meggitt PLC has?

The Meggitt PLC (LSE:MGGT)'s balance sheet shows that it has £2,162,000,000 of Total stock holder equity.