AvanStrate Inc. (E24858) Balance sheet

Market cap

P/E ratio

AvanStrate manufactures glass substrates that serve as base materials for LCD screens in televisions, computers, and smartphones. The company is one of only four major global suppliers in this specialized market, serving LCD panel makers across Asia.

Summary Financials Dividends History Workforce

Income statement Balance sheet Cash flow Other

	2012/03	2013/03	2014/03	2015/03	2016/03	2017/03	2018/03	2019/03	2020/03	2021/03
Cash and cash equivalents	-	1,078	275	1,347	447	791	407	160	133	64
Accounts receivable, net	-	5,566	4,911	4,371	2,759	3,340	1,846	1,924	475	823
Inventories	-	117	57	789	736	403	720	740	211	573
Total current assets	-	31,403	28,022	20,920	27,187	8,197	7,457	8,019	7,337	7,510
Property, plant and equipment, net	-	12,461	4,053	4,045	4,037	3,823	3,824	3,825	3,411	3,061
Total non-current assets	-	75,083	47,014	49,708	41,185	54,941	38,586	38,572	38,156	37,805
Total assets	-	106,529	75,052	70,633	68,372	63,138	46,043	46,591	45,494	45,315
Accounts payable	-	264	85	-	-	-	-	-	-	-
Short-term debt	-	6,300	7,000	10,000	2,500	2,500	-	673	-	-
Long-term debt, current	-	9,000	18,000	15,910	-	23,860	-	-	-	-
Total current liabilities	-	56,907	51,719	71,963	30,762	76,322	30,983	30,857	9,110	2,697
Long-term debt, non-current	-	30,000	8,000	-	24,028	-	1,900	1,900	1,900	1,900
Total non-current liabilities	-	45,128	30,032	5,255	56,309	8,031	46,140	46,956	68,681	74,255
Total liabilities	-	102,034	81,751	77,217	87,071	84,353	77,123	77,814	77,792	76,952
Common stock and paid-in capital	-	50,189	50,189	50,189	50,189	50,189	50,189	50,189	50,189	50,189
Retained earnings	-	-45,695	-56,889	-56,774	-68,888	-71,405	-81,270	-81,412	-82,488	-81,827
Stockholders' equity	44,310	4,494	-6,700	-6,584	-18,699	-21,215	-31,080	-31,223	-32,298	-31,637