Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                
Scribd Logo
Upload

Welcome to Scribd!

  • 18 views

    Financial Statement and Analysis

    Uploaded by

    Philip Laroza
    Paxys, Inc. reported a net loss of $33 million for 2022. As of December 31, 2022, the company had total assets of $1.36 billion, with $898 million in current assets such as cash, investments, and receivables. Total liabilities were $49 million, resulting in total equity of $1.31 billion.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Financial Statement and Analysis

    Uploaded by

    Philip Laroza
    18 views7 pages
    Paxys, Inc. reported a net loss of $33 million for 2022. As of December 31, 2022, the company had total assets of $1.36 billion, with $898 million in current assets such as cash, investments, and receivables. Total liabilities were $49 million, resulting in total equity of $1.31 billion.

    Original Description:

    Text

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Paxys, Inc. reported a net loss of $33 million for 2022. As of December 31, 2022, the company had total assets of $1.36 billion, with $898 million in current assets such as cash, investments, and receivables. Total liabilities were $49 million, resulting in total equity of $1.31 billion.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    18 views7 pages

    Financial Statement and Analysis

    Uploaded by

    Philip Laroza
    Paxys, Inc. reported a net loss of $33 million for 2022. As of December 31, 2022, the company had total assets of $1.36 billion, with $898 million in current assets such as cash, investments, and receivables. Total liabilities were $49 million, resulting in total equity of $1.31 billion.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    You are on page 1of 7

    Paxys, Inc.

    Statement of Financial Position


    As of December 31, 2022

    2022

    ASSETS

    Vertical
    Analysis
    2022
    Current Assets
    Cash and cash equivalents 619,546,534.00 45.70%
    Investment securities 238,093,419.00 17.56%
    Receivables 28,101,531.00 2.07%
    Other current assets 12,379,885.00 0.91%
    Total Current Assets 898,121,369.00 66.25%

    Noncurrent Assets
    Investment in subsidiaries and joint venture 425,545,650.00 31.39%
    Right-of-use assets 25,173,773.00 1.86%
    Property and equipment 300,282.00 0.02%
    Other noncurrent assets 6,450,075.00 0.48%
    Total Noncurrent Assets 457,469,780.00 33.75%

    1,355,591,149.00 100.00%

    Liabilities and Equity

    Current Liabilities
    Trade and other payables 10,268,610.00 0.76%
    Current portion of lease liability 7,359,572.00 0.54%
    Dividends payable 6,554,030.00 0.48%
    Income tax payable 120,382.00 0.01%
    Total Current Liabilities 24,302,594.00 1.79%

    Noncurrent liabilities
    Retirement liability 6,195,032.00 0.46%
    Lease liability - net of current portion 18,673,792.00 1.38%
    Total Noncurrent Liabilities 24,868,824.00 1.83%
    Total Liabilities 49,171,418.00 3.63%

    Equity
    Capital Stock 1,148,534,866.00 84.73%
    Additional paid-in capital 451,364,252.00 33.30%
    Other equity reserves - 296,096.00 -0.02%
    Deficit - 293,183,291.00 -21.63%
    Total Equity 1,306,419,731.00 96.37%

    1,355,591,149.00 100.00%
    Position
    2022

    2021

    Vertical
    Analysis
    2021
    Horizontal Analysis
    847,003,544.00 60.67% -26.85%
    34,197,699.00 2.45% 596.23%
    40,114,896.00 2.87% -29.95%
    9,285,502.00 0.67% 33.32%
    930,601,641.00 66.66% -3.49%

    425,545,650.00 30.48% 0.00%


    33,063,854.00 2.37% -23.86%
    397,181.00 0.03% -24.40%
    6,462,283.00 0.46% -0.19%
    465,468,968.00 33.34% -1.72%

    1,396,070,609.00 100.00% -2.90%

    10,542,935.00 0.76% -2.60%


    7,038,077.00 0.50% 4.57%
    6,554,030.00 0.47% 0.00%
    1,798.00 0.00% 6595.33%
    24,136,840.00 1.73% 0.69%

    8,406,021.00 0.60% -26.30%


    26,828,728.00 1.92% -30.40%
    35,234,749.00 2.52% -29.42%
    59,371,589.00 4.25% -17.18%

    1,148,534,866.00 82.27% 0.00%


    451,364,252.00 32.33% 0.00%
    - 3,047,865.00 -0.22% -90.29%
    - 260,152,233.00 -18.63% 12.70%
    1,336,699,020.00 95.75% -2.27%

    1,396,070,609.00 100.00% -2.90%


    Paxys, Inc.
    Statement of Financial Performance
    For the Year-Ended December 31, 2023

    Vertical Analysis
    2022 2022 2021

    Interest Income - Net of Amortization 21,543,433.00 100.00% 11,688,850.00


    General and Administrative Expenses - 62,143,227.00 -288.46% - 57,148,429.00
    Net Foreign Exchange Gain 9,792,700.00 45.46% 5,861,312.00
    Interest Expense - 1,217,287.00 -5.65% - 744,803.00
    Other Income - net 4,774,330.00 22.16% 232,121.00
    Loss After Income Tax - 27,250,051.00 -126.49% - 40,110,949.00
    Current Income Tax Expense 5,781,007.00 26.83% 2,339,300.00
    Net Loss - 33,031,058.00 -153.32% - 42,450,249.00
    Other Comprehensive Income 2,751,769.00 12.77% 2,096,397.00
    Total Comprehensive Loss - 30,279,289.00 -140.55% - 40,353,852.00
    Vertical Horizontal
    Analysis Analysis
    2021

    100.00% 84.31%
    -488.91% 8.74%
    50.14% 67.07%
    -6.37% 63.44%
    1.99% 1956.83%
    -343.16% -32.06%
    20.01% 147.13%
    -363.17% -22.19%
    17.94% 31.26%
    -345.23% -24.97%
    Debt to Equity Ratio
    Total Liabilities Total Equity Ratio
    2022 49,171,418.00 1,306,419,731.00 0.037638
    2021 59,371,589.00 1,336,699,020.00 0.044417

    Current Ratio
    Current Asset Current Liabilities Ratio
    2022 898,121,369.00 24,302,594.00 36.95578
    2021 930,601,641.00 24,136,840.00 38.55524

    You might also like