88 Energy Limited
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has 88 Energy Limited's balance sheet done over the years? Its assets were worth $156,525,440 last year, which is more than in the previous period. 1% of 88 Energy Limited’s total assets is currently financed by debt. Its liabilities reached the amount of $840,041, which means an decrease by -38% compared compared to last year.
Debt to Assets
| 2014 | 1742505 | 393.93K | 22.61% |
|---|---|---|---|
| 2015 | 36477108 | 14.98M | 41.09% |
| 2016 | 77007754 | 28.99M | 37.66% |
| 2017 | 81559863 | 26.02M | 31.91% |
| 2018 | 123795968 | 29.68M | 23.98% |
| 2019 | 93580098 | 28.98M | 30.97% |
| 2020 | 85359552 | 26.44M | 30.98% |
| 2021 | 145782754 | 5.94M | 4.08% |
| 2022 | 133025884 | 1.34M | 1.01% |
| 2023 | 156525440 | 840.04K | 0.54% |
88E.L Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 18.18M | 14.12M | 32.31M | 14.84M | 15.90M | 21.72M | 14.01M | 27.30M | 9.60M | 805.21K |
Short term investments | 1 | -442.80K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 3.97M | 1.54M | 10.22M | 5.07M | 1.12M | 6.80M | 357.72K | 369.63K | 463.60K | 266.28K |
Total current assets | 22.15M | 15.67M | 43.47M | 19.92M | 17.02M | 23.82M | 14.37M | 27.61M | 10.06M | 1.07M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 110.67M | 96.44M | 101.36M | 48.21M | 52.94M | 76.99M | 46.93M | 38.23M | 25.41M | 23.59K |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 23.25M | 20.41M | 413.45K | 389.50K | 428.20K | 425.41K | 0 | 0 | 0 | 0 |
Other non-current assets | 439.56K | 497.62K | 523.08K | 16.82M | 23.18M | 22.55M | 20.24M | 11.15M | 994.68K | 647.42K |
Total non-current assets | 134.36M | 117.35M | 102.30M | 65.43M | 76.55M | 99.97M | 67.18M | 49.39M | 26.40M | 671.01K |
Total assets | 156.52M | 133.02M | 145.78M | 85.35M | 93.58M | 123.79M | 81.55M | 77.00M | 36.47M | 1.74M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | -4.54M | 0 | 0 | 0 |
Short term debt | 0 | 0 | 0 | 0 | 0 | 0 | 21.16M | 0 | 0 | 0 |
Total current liabilities | 840.04K | 1.34M | 5.94M | 5.66M | 6.30M | 6.25M | 26.02M | 6.21M | 4.05M | 393.93K |
| Non-current liabilities: | ||||||||||
Long term debt | 0 | 0 | 0 | 20.78M | 22.67M | 23.42M | 0 | 22.77M | 10.93M | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 993.92K | 0 | -20.78M | -22.67M | -23.42M | 0 | -22.77M | 0 | 0 |
Total non-current liabilities | 0 | 993.92K | 0 | 20.78M | 22.67M | 23.42M | 21.28M | 22.77M | 10.93M | 191.73K |
Total liabilities | 840.04K | 1.34M | 5.94M | 26.44M | 28.98M | 29.68M | 26.02M | 28.99M | 14.98M | 393.93K |
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