Forafric Global
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Forafric Global's balance sheet done over the years? Its assets were worth $309,450,000 last year, which is more than in the previous period. 91% of Forafric Global’s total assets is currently financed by debt. Its liabilities reached the amount of $280,244,000, which means an increase by 7% compared compared to last year.
Debt to Assets
| 2019 | 212577000 | 286.66M | 134.85% |
|---|---|---|---|
| 2020 | 237736000 | 185.74M | 78.13% |
| 2021 | 299902000 | 252.25M | 84.11% |
| 2022 | 307164000 | 262.20M | 85.36% |
| 2023 | 309450000 | 280.24M | 90.56% |
AFRI Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 24.02M | 24.82M | 14.39M | 12.68M | 8.99M |
Short term investments | 0 | 0 | 0 | 0 | 0 |
Net receivables | 54.73M | 75.78M | 61.15M | 37.41M | 27.94M |
Inventory | 28.37M | 27.21M | 37.56M | 26.54M | 14.86M |
Other current assets | 14.10M | 8.53M | 359K | 24K | 12.48M |
Total current assets | 121.24M | 143.57M | 117.54M | 82.56M | 64.28M |
Non-current assets: | |||||
Property, Plant and Equipment | 130.30M | 110.95M | 125.83M | 106.25M | 102.74M |
Goodwill | 48.48M | 45.89M | 51.57M | 48.07M | 44.66M |
Intangible assets | 4.64M | 3.72M | 3.97M | 363K | 448K |
Long term investments | 0 | 0 | 0 | 116.15M | 0 |
Other non-current assets | 4.76M | 3.01M | 973K | 484K | 427K |
Total non-current assets | 188.20M | 163.59M | 182.35M | 155.17M | 148.28M |
Total assets | 309.45M | 307.16M | 299.90M | 237.73M | 212.57M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 1.27M | 540K | 1.91M | 3.62M | 0 |
Short term debt | 185.44M | 189.82M | 160.71M | 120.52M | 92.05M |
Total current liabilities | 253.25M | 238.18M | 202.89M | 149.05M | 125.14M |
| Non-current liabilities: | |||||
Long term debt | 13.32M | 11.62M | 30.63M | 14.82M | 139.45M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 2.67M | -10.72M | -26.18M | -9.04M | 22.05M |
Total non-current liabilities | 26.98M | 24.02M | 49.35M | 36.69M | 161.51M |
Total liabilities | 280.24M | 262.20M | 252.25M | 185.74M | 286.66M |
| Data source | Data source |