Arras Minerals Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Arras Minerals Corp.'s balance sheet done over the years? Its assets were worth $6,419,760 last year, which is less than in the previous period. 12% of Arras Minerals Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $778,980, which means an decrease by 0% compared compared to last year.
Debt to Assets
| 2021 | 7792327 | 541.62K | 6.95% |
|---|---|---|---|
| 2022 | 6650851 | 781.52K | 11.75% |
| 2023 | 6419760 | 778.98K | 12.13% |
ARK.V Balance Sheet (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 290.68K | 424.12K | 3.80M |
Short term investments | 0 | 0 | 0 |
Net receivables | 11.04K | 18.84K | 3.19M |
Inventory | 0 | 0 | 0 |
Other current assets | 218.42K | 0 | 0 |
Total current assets | 520.15K | 597.54K | 7.03M |
Non-current assets: | |||
Property, Plant and Equipment | 5.36M | 5.45M | 756.76K |
Goodwill | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 |
Other non-current assets | 530.78K | 593.48K | 0 |
Total non-current assets | 5.89M | 6.05M | 756.76K |
Total assets | 6.41M | 6.65M | 7.79M |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | 0 | 0 | 0 |
Short term debt | 78.06K | 93.85K | 0 |
Total current liabilities | 654.16K | 578.63K | 541.62K |
| Non-current liabilities: | |||
Long term debt | 124.81K | 202.88K | 0 |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 |
Total non-current liabilities | 124.81K | 202.88K | 0 |
Total liabilities | 778.98K | 781.52K | 541.62K |