Ace Global Business Acquisition 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 Ace Global Business Acquisition Limited's balance sheet done over the years? Its assets were worth $23,399,064 last year, which is less than in the previous period. 30% of Ace Global Business Acquisition Limited’s total assets is currently financed by debt. Its liabilities reached the amount of $6,951,262, which means an increase by 67% compared compared to last year.
Debt to Assets
| 2020 | 45000 | 35.80K | 79.57% |
|---|---|---|---|
| 2021 | 47107422 | 3.28M | 6.97% |
| 2022 | 49073620 | 4.16M | 8.49% |
| 2023 | 23399064 | 6.95M | 29.71% |
ACBAW Balance Sheet (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Assets | ||||
Current assets: | ||||
Cash and cash equivalents | 68.54K | 91.43K | 122.00K | 0 |
Short term investments | 23.33M | 48.98M | 46.92M | 0 |
Net receivables | 0 | 0 | 0 | 0 |
Inventory | 0 | 0 | 0 | 0 |
Other current assets | 0 | 0 | 62.48K | 45 |
Total current assets | 68.54K | 91.43K | 184.49K | 45K |
Non-current assets: | ||||
Property, Plant and Equipment | 0 | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 |
Long term investments | 23.33M | 48.98M | 46.92M | 0 |
Other non-current assets | 0 | 0 | 0 | 45K |
Total non-current assets | 23.33M | 48.98M | 46.92M | 45K |
Total assets | 23.39M | 49.07M | 47.10M | 45K |
Liabilities | ||||
| Current liabilities: | ||||
Accounts payable | ||||
Deferred revenue | 0 | 0 | 0 | 0 |
Short term debt | 2.71M | 1.36M | 185 | 32.83K |
Total current liabilities | 5.10M | 2.31M | 204.38K | 35.80K |
| Non-current liabilities: | ||||
Long term debt | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 10K | 1.24M | 0 |
Total non-current liabilities | 1.84M | 1.85M | 3.08M | 0 |
Total liabilities | 6.95M | 4.16M | 3.28M | 35.80K |
| Data source | Data source | Data source |