Projected Balance Sheet Sample Clauses

Projected Balance Sheet. Pro Forma Balance Sheet (expressed in US Dollars) For the years ended December 31, 2020 2021 2022 2023 2024 ASSETS Current assets Cash 0 205,146 3,556,510 9,671,470 18,949,843 Accounts receivable 19,824,670 26,863,528 35,979,615 48,392,142 62,004,669 Prepaid expenses 403,102 546,225 731,585 983,974 1,260,762 Long term assets PPE, net - - - - - Land, net - - - - - Total Assets 20,227,772 27,614,899 40,267,710 59,047,585 82,215,274 LIABILITIES Current liabilities Account payable 17,181,381 23,281,725 31,182,333 41,939,856 53,737,380 Revolving line of credit 1,846,648 370,561 251,831 107,078 - Long term liabilities Long term loan - - - - - Total liabilities 19,028,029 23,652,286 31,434,163 42,046,934 53,737,380 SHAREHOLDER'S EQUITY Owner's equity - - - - - Retained earnings 1,199,743 3,962,614 8,833,547 17,000,651 28,477,894 Total shareholder's equity 1,199,743 3,962,614 8,833,547 17,000,651 28,477,894 Total liabilities and shareholder's equity 20,227,772 27,614,899 40,267,710 59,047,585 82,215,274 90,000,000 80,000,000 70,000,000 60,000,000 50,000,000 40,000,000 30,000,000 20,000,000 10,000,000 - 2020 2021 Assets 2022 Shareholder's Equity 2023 2024 Liabilities Liquidity ratios Financial Indicators Ratio Analysis 2020 2021 2022 2023 2024 Current 1.18 1.19 1.29 1.41 1.53 Quick 1.18 1.19 1.29 1.41 1.53 Acid Test 1.15 1.16 1.27 1.38 1.51 Activity ratios Account receivable turnover 3.03 2.83 2.80 2.84 2.75 Inventory turnover 0.00 0.00 0.00 0.00 0.00 Total asset turnover 2.41 2.39 2.18 2.03 1.85 Profitability ratios Gross margin 11% 11% 11% 11% 11% Operating margin 3% 4% 6% 7% 8% Net profit margin 2% 4% 6% 7% 8% Return on assets 6% 10% 12% 14% 14% Return on equity 100% 70% 55% 48% 40% Leverage Debt to equity 14.32 5.88 3.53 2.47 1.89 Debt to assets 0.85 0.84 0.77 0.71 0.65 Interest coverage 6.41 17.72 33.12 55.44 77.51 12% 10% 8% 6% 4% 2% 0% 2020 2021 Gross margin 2022 Operating margin 2023 Net profit margin 2024
Sample 1
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Projected Balance Sheet. The following table presents the Balance Sheet for Motivating the Masses. It shows our projected steady increase in Net Worth over the next three years. As a consulting company, we do not need a great deal in the way of assets, so the largest factor in the Balance Sheet is our cash balance.
Sample 1
Projected Balance Sheet. The projected balance sheet shows the changes in assets, liabilities, and capital for the Company. Since borrowing was not selected as an option, there are no liabilities during this three-year plan. Long-term assets of $975,000 are depreciated starting in year two. Net worth increase from $1,170,684 in year one to $1,272,514 in year to and finally reach $1,377,612 in the final year of the plan. Table: Balance Sheet Pro Forma Balance Sheet Year 1 Year 2 Year 3 Assets Current Assets Cash $130,684 $256,474 $386,893 Other Current Assets $65,000 $65,000 $65,000 Total Current Assets $195,684 $321,474 $451,893 Long-term Assets Long-term Assets $975,000 $975,000 $975,000 Accumulated Depreciation $0 $24,960 $49,281 Total Long-term Assets $975,000 $950,040 $925,719 Total Assets $1,170,684 $1,271,514 $1,377,612 Liabilities and Capital Year 1 Year 2 Year 3 Current Liabilities Current Borrowing $0 $0 $0 Other Current Liabilities $0 $0 $0 Subtotal Current Liabilities $0 $0 $0 Long-term Liabilities $0 $0 $0 Total Liabilities $0 $0 $0 Paid-in Capital $1,900,000 $1,900,000 $1,900,000 Retained Earnings ($820,315) ($729,316) ($628,486) Earnings $90,999 $100,830 $106,098 Total Capital $1,170,684 $1,271,514 $1,377,612 Total Liabilities and Capital $1,170,684 $1,271,514 $1,377,612 Net Worth $1,170,684 $1,271,514 $1,377,612
Sample 1
Projected Balance Sheet. On or prior to the Closing Date, Company shall deliver to Administrative Agent (with sufficient copies for each Lender) a projected consolidated balance sheet of Company and its Subsidiaries as at the date of the consummation of the Merger, prepared in accordance with GAAP and reflecting the consummation of the Acquisition and the Merger, the related financings and the other transactions contemplated by the Loan Documents and the Merger Agreement, which projected balance sheet shall be in form and substance satisfactory to Administrative Agent.
Sample 1
Projected Balance Sheet. You shall have received and satisfactorily completed your review of, prior to the time that this Agreement is fully-executed by the parties here, the projected consolidated balance sheet of the Company and its Subsidiaries prepared on a pro forma basis as of April 30, 2015 after giving effect to the Closing and the purchase of the Notes hereunder.
Sample 1
Projected Balance Sheet. Frontline shall have received a projected balance sheet, income statement and projected working capital requirements for Roxy Systems covering the periods from October 1, 1998 through December 31, 1999 and January 1, 1998 through December 31, 1999. Such projections shall be set forth in reasonable detail and shall include a detailed list of all assumptions used in determining income, expense and cash flow.
Sample 1

Related to Projected Balance Sheet

  • Pro Forma Balance Sheet The Administrative Agent shall have received the Pro Forma Balance Sheet in form and substance satisfactory to the Administrative Agent and the Required Lenders;

  • Closing Balance Sheet (a) Within thirty (30) days following the Closing, the Sellers and Company shall cause to be prepared and delivered to Buyer an unaudited balance sheet of the Company as of the Closing Date (the “Closing Balance Sheet”). The Company and Sellers shall cause the Closing Balance Sheet to be prepared in accordance with GAAP consistent with and using the same accounting principles, policies and methods as in the audited financial statements described in Section 3.17 with contract estimates at completion (“EACs”) and estimates to complete (“ETCs”) determined on a basis consistent with the method used for determination of the Company’s audited financial statements. Sellers shall bear the cost of preparing the Closing Balance Sheet. If the Tangible Net Worth of the Company as of the Closing Date as reflected on the Closing Balance Sheet, taking into account payment of the Company Pre-Closing Liabilities, is less than $80,000, then the Escrow Deposit shall be reduced on a dollar for dollar basis to the extent of any such deficiency. The amount by which the Tangible Net Worth of the Company as of the Closing Date is less than $80,000 taking into account payment of the Company Pre-Closing Liabilities, is hereafter referred to as the “Balance Sheet Adjustment.” The amount of any Balance Sheet Adjustment shall be deducted from the Escrow Deposit and paid to Buyer within two (2) days following determination of the “Final Closing Balance Sheet” (as defined in Section 2.3(b)), prior to release of the Escrow Deposit to the Sellers. The remainder of the Escrow Deposit shall thereafter promptly be paid by Escrow Agent to the Sellers in accordance with the terms of the Escrow Agreement. To the extent that Buyer decides not to pay off the DCAA liability as described in Section 2.2(a)(iii), then such amount shall be deemed paid off for purposes of determining the Closing Balance Sheet hereunder.

  • Financial Statements; Pro Forma Balance Sheet; Projections On or prior to the Initial Borrowing Date, the Administrative Agent shall have received true and correct copies of the historical financial statements, the pro forma financial statements and the Projections referred to in Sections 8.05(a) and (d), which historical financial statements, pro forma financial statements and Projections shall be in form and substance reasonably satisfactory to the Administrative Agent and the Required Lenders.

  • Pro Forma Balance Sheet; Financial Statements The Lenders shall have received (i) the Pro Forma Balance Sheet, (ii) audited consolidated financial statements of the Borrower and its Subsidiaries for the most recently ended fiscal year and (iii) unaudited interim consolidated financial statements of the Borrower and its Subsidiaries for each fiscal quarter ended after the date of the latest applicable financial statements delivered pursuant to clause (i) of this paragraph as to which such financial statements are available.

  • Closing Date Balance Sheet The Buyer shall cause the Company to provide Sellers' Accountants with full and complete access to the books and records of the Company and to otherwise cooperate with and assist Sellers' Accountants in the preparation of the Closing Date Balance Sheet. Unless Buyer, within thirty (30) days after delivery of the Closing Date Balance Sheet, notifies Sellers' Representative in writing that Buyer objects to the determination of the Closing Date Stockholders' Equity, as reflected on the Closing Date Balance Sheet, and specifies the basis for such objection, which objection shall not include any dispute relating to or arising out of the Environmental Remediation Accrual or the Deferred Compensation Accrual, and the amount or amounts in dispute, the Closing Date Balance Sheet shall become final and binding upon the parties for purposes of this Agreement as of the day following the end of such thirty (30) day period, which shall be the Closing Date Balance Sheet Determination Date. If Buyer notifies Sellers' Representative of its objection, and if Sellers and Buyer, together with their respective advisors, are unable to resolve any such objections within fifteen (15) days after any such notice has been given, the dispute shall be submitted to the Accounting Firm, which shall be instructed to resolve the dispute expeditiously. The Accounting Firm shall make a final binding determination as to the matter or matters in dispute, and the date of such determination shall be the Closing Date Balance Sheet Determination Date. Buyer agrees to cooperate, and agrees to cause the Company to cooperate, with Sellers (and Sellers' authorized representatives), and Sellers agree to cooperate with Buyer and the Company (and their respective authorized representatives), in order to resolve any and all matters in dispute as soon as reasonably possible. The Sellers shall pay the fees, costs and expenses of the Sellers Accountants. Buyer shall pay the fees, costs and expenses of the Accounting Firm, unless the difference between (x) the proposed Closing Date Stockholders' Equity included on the Closing Date Balance Sheet delivered by the Sellers and (y) the determination by the Accounting Firm of the Closing Date Stockholders' Equity results in a reduction to the Purchase Price under Section 3.3.2 hereof, in which case the fees, costs and expenses of the Accounting Firm shall be paid by the Sellers.

  • Balance Sheet “Balance Sheet” is defined in Section 3.6 of the Agreement.

  • Off-Balance Sheet Transactions There is no transaction, arrangement or other relationship between the Company or any of its Subsidiaries and an unconsolidated or other off-balance sheet entity which is required to be disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus (other than as disclosed therein).

  • Off-Balance Sheet Liabilities The Indebtedness of any Person shall include the Indebtedness of any partnership or joint venture in which such Person is a general partner or a joint venturer, except to the extent that the terms of such Indebtedness provide that such Person is not liable therefor.

  • Operations Since Balance Sheet Date (a) Except as set forth in Schedule 5.5(A), since the Balance Sheet Date, there has been:

  • Financial Statements; Fiscal Year The Current Financials were prepared in accordance with GAAP and present fairly, in all material respects, the consolidated financial condition, results of operations, and cash flows of the Companies as of, and for the portion of the fiscal year ending on the date or dates thereof (subject only to normal audit adjustments). All material liabilities of the Companies as of the date or dates of the Current Financials are reflected therein or in the notes thereto. Except for transactions directly related to, or specifically contemplated by, the Loan Documents or disclosed in the Current Financials, no subsequent material adverse changes have occurred in the consolidated financial condition of the Companies from that shown in the Current Financials. The fiscal year of each Company ends on December 31.

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