AKITA Drilling Ltd.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has AKITA Drilling Ltd.'s balance sheet done over the years? Its assets were worth $263,640,000 last year, which is less than in the previous period. 41% of AKITA Drilling Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $107,678,000, which means an decrease by -17% compared compared to last year.
Debt to Assets
| 2014 | 340926000 | 81.08M | 23.78% |
|---|---|---|---|
| 2015 | 254516000 | 34.31M | 13.48% |
| 2016 | 257907000 | 38.26M | 14.84% |
| 2017 | 207497000 | 33.04M | 15.92% |
| 2018 | 403641000 | 131.91M | 32.68% |
| 2019 | 369116000 | 123.98M | 33.59% |
| 2020 | 251521000 | 99.25M | 39.46% |
| 2021 | 247574000 | 116.08M | 46.89% |
| 2022 | 268281000 | 130.43M | 48.62% |
| 2023 | 263640000 | 107.67M | 40.84% |
AKT-A.TO Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 11.18M | 13.31M | 1.77M | 7.10M | -3.85M | 1.50M | 560K | 14.25M | 9.36M | 2.01M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 47.09M | 46.86M | 27.22M | 15.12M | 32.26M | 43.26M | 30.1M | 30.57M | 17.58M | 42.99M |
Inventory | 0 | 1 | 1 | 1 | 3.85M | 394K | 1 | 1 | 0 | 0 |
Other current assets | 812K | 1.59M | 1.22M | 1.83M | 1.96M | 2.44M | 89K | 74K | 75K | 257K |
Total current assets | 59.09M | 61.77M | 30.22M | 24.07M | 34.23M | 47.60M | 30.74M | 44.9M | 27.03M | 45.26M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 198.00M | 202.06M | 213.29M | 224.78M | 331.27M | 350.34M | 170.59M | 205.89M | 216.64M | 279.04M |
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 | 5.12M | 2.88M | 2.37M | 887K | 1.64M | 4.45M | 4.09M | 3.25M | 3.94M | 6.21M |
Other non-current assets | 1.42M | 1.55M | 1.67M | 1.78M | 1.95M | 1.23M | 2.05M | 3.86M | 6.89M | 10.40M |
Total non-current assets | 204.54M | 206.50M | 217.35M | 227.45M | 334.88M | 356.03M | 176.74M | 213.00M | 227.48M | 295.66M |
Total assets | 263.64M | 268.28M | 247.57M | 251.52M | 369.11M | 403.64M | 207.49M | 257.90M | 254.51M | 340.92M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 627K | 206K | 282K | 422K | 461K | 367K | 0 | 0 | 0 | 175K |
Short term debt | 645K | 990K | 2.69M | 1.04M | 10.67M | 9.39M | 0 | 0 | 0 | 20M |
Total current liabilities | 31.96M | 30.65M | 23.72M | 15.38M | 30.07M | 36.44M | 15.22M | 9.99M | 11.03M | 50.28M |
| Non-current liabilities: | ||||||||||
Long term debt | 69.77M | 94.31M | 85.78M | 76.22M | 77.20M | 74.10M | 0 | 41K | 0 | 226K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 5.22M | 4.81M | 5.45M | 5.78M | 5.43M | 5.12M | 5.22M | 41K | 234K | 226K |
Total non-current liabilities | 75.71M | 99.77M | 92.36M | 83.86M | 93.90M | 95.47M | 17.82M | 28.26M | 23.28M | 30.79M |
Total liabilities | 107.67M | 130.43M | 116.08M | 99.25M | 123.98M | 131.91M | 33.04M | 38.26M | 34.31M | 81.08M |
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