Arch Therapeutics
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Arch Therapeutics's balance sheet done over the years? Its assets were worth $1,958,189 last year, which is less than in the previous period. 483% of Arch Therapeutics’s total assets is currently financed by debt. Its liabilities reached the amount of $9,465,921, which means an increase by 39% compared compared to last year.
Debt to Assets
| 2014 | 876990 | 7.76M | 885.92% |
|---|---|---|---|
| 2015 | 4003019 | 2.46M | 61.53% |
| 2016 | 5144260 | 1.98M | 38.55% |
| 2017 | 6090083 | 3.86M | 63.44% |
| 2018 | 4839965 | 3.48M | 71.9% |
| 2019 | 2902204 | 3.70M | 127.82% |
| 2020 | 2151027 | 3.65M | 169.76% |
| 2021 | 3676485 | 4.70M | 127.9% |
| 2022 | 2603739 | 6.79M | 261.03% |
| 2023 | 1958189 | 9.46M | 483.4% |
ARTH Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 222.72K | 746.94K | 2.26M | 959.30K | 2.18M | 4.66M | 5.99M | 5.03M | 3.96M | 833.52K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory | 1.36M | 1.41M | 1.09M | 967.99K | 346.64K | 0 | 0 | 0 | 0 | 0 |
Other current assets | 362.86K | 436.40K | 307.34K | 215.67K | 362.70K | 151.79K | 170.68K | 107.78K | 85.83K | 86.94K |
Total current assets | 1.95M | 2.59M | 3.66M | 2.14M | 2.88M | 4.81M | 6.07M | 5.14M | 4.00M | 876.99K |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 4.59K | 2.04K | 5.24K | 4.55K | 9.02K | 17.26K | 7.18K | 0 | 0 | 0 |
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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 3.5K | 3.5K | 3.5K | 3.5K | 3.5K | 3.5K | 3.5K | 0 | 0 | 0 |
Total non-current assets | 8.09K | 5.54K | 8.74K | 8.05K | 12.52K | 20.76K | 10.68K | 0 | 0 | 0 |
Total assets | 1.95M | 2.60M | 3.67M | 2.15M | 2.90M | 4.83M | 6.09M | 5.14M | 4.00M | 876.99K |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | -680.53K | 0 | 0 | 0 | 0 | 0 | 245.47K | 0 |
Short term debt | 5.62M | 550K | 1M | 37.44K | 0 | 0 | 0 | 899.62K | 473.74K | 0 |
Total current liabilities | 9.46M | 3.32M | 1.72M | 646.24K | 713.81K | 288.38K | 433.53K | 1.87M | 1.28M | 2.72M |
| Non-current liabilities: | ||||||||||
Long term debt | 0 | 2.81M | 1.6M | 688.85K | 0 | 0 | 0 | 78.25K | 966.82K | 955.76K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 663.77K | 1.37M | 2.31M | 2.99M | 3.19M | 3.43M | 26.23K | 210K | 4.09M |
Total non-current liabilities | 0 | 3.47M | 2.97M | 3.00M | 2.99M | 3.19M | 3.43M | 104.48K | 1.17M | 5.04M |
Total liabilities | 9.46M | 6.79M | 4.70M | 3.65M | 3.70M | 3.48M | 3.86M | 1.98M | 2.46M | 7.76M |
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