Abits Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Abits Group's balance sheet done over the years? Its assets were worth $12,318,268 last year, which is less than in the previous period. 8% of Abits Group’s total assets is currently financed by debt. Its liabilities reached the amount of $1,005,608, which means an increase by 64% compared compared to last year.
Debt to Assets
| 2015 | 14482684 | 7.74M | 53.46% |
|---|---|---|---|
| 2017 | 1360468 | 4.31M | 317.5% |
| 2019 | 2525632 | 2.37M | 94.11% |
| 2020 | 2295657 | 1.89M | 82.54% |
| 2021 | 7737112 | 1.17M | 15.12% |
| 2022 | 24531417 | 613.45K | 2.5% |
| 2023 | 12318268 | 1.00M | 8.16% |
ABTS Balance Sheet (2015 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2015 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 884.19K | 2.50M | 2.50M | 5.24K | 425.63K | 18.49K | 2.39M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 774.34K | 2.38M | 229.70K | 2.29M | 2.1M | 0 | 0 |
Inventory | 0 | 0 | -5M | 0 | 0 | 3.13K | 38.31K |
Other current assets | 0 | 0 | 5M | 0 | 0 | 152.54K | 2.50M |
Total current assets | 1.65M | 4.89M | 2.73M | 2.29M | 2.52M | 174.17K | 4.93M |
Non-current assets: | |||||||
Property, Plant and Equipment | 9.46M | 12.55M | 0 | 0 | 0 | 686.29K | 2.94M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 1.19M | 7.08M | 5M | 0 | 0 | 0 | 0 |
Long term investments | 0 | 7.08M | 0 | 0 | 0 | 500K | 0 |
Other non-current assets | 0 | -7.08M | 0 | 0 | 0 | 0 | 6.60M |
Total non-current assets | 10.65M | 19.64M | 5M | 0 | 0 | 1.18M | 9.54M |
Total assets | 12.31M | 24.53M | 7.73M | 2.29M | 2.52M | 1.36M | 14.48M |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 61.07K | 0 |
Short term debt | 0 | 0 | 0 | 359.54K | 497.29K | 2.45M | 0 |
Total current liabilities | 1.00M | 613.45K | 1.17M | 1.89M | 2.37M | 4.31M | 7.74M |
| Non-current liabilities: | |||||||
Long term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total liabilities | 1.00M | 613.45K | 1.17M | 1.89M | 2.37M | 4.31M | 7.74M |