AvidXchange Holdings
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has AvidXchange Holdings's balance sheet done over the years? Its assets were worth $2,483,737,000 last year, which is more than in the previous period. 74% of AvidXchange Holdings’s total assets is currently financed by debt. Its liabilities reached the amount of $1,827,292,000, which means an increase by 18% compared compared to last year.
Debt to Assets
| 2019 | 573856059 | 264.80M | 46.14% |
|---|---|---|---|
| 2020 | 726510254 | 404.99M | 55.74% |
| 2021 | 2266303000 | 1.54B | 68.1% |
| 2022 | 2211996000 | 1.55B | 70.28% |
| 2023 | 2483737000 | 1.82B | 73.57% |
AVDX Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 406.97M | 350.56M | 562.81M | 252.45M | 225.26M |
Short term investments | 44.64M | 110.98M | 0 | 137.62M | 0 |
Net receivables | 56.43M | 49.68M | 42.48M | 33.61M | 24.00M |
Inventory | 0 | 1.28B | -11.52M | 137.62M | 51.70M |
Other current assets | 1.59B | 12.56M | 1.26B | 8.62M | 7.35M |
Total current assets | 2.09B | 1.80B | 1.85B | 432.31M | 308.32M |
Non-current assets: | |||||
Property, Plant and Equipment | 102.61M | 106.23M | 109.50M | 90.01M | 82.09M |
Goodwill | 165.92M | 165.92M | 165.92M | 105.69M | 89.52M |
Intangible assets | 84.80M | 98.74M | 100.45M | 72.44M | 70.28M |
Long term investments | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 31.62M | 33.47M | 32.53M | 26.04M | 23.62M |
Total non-current assets | 384.95M | 404.37M | 408.41M | 294.19M | 265.52M |
Total assets | 2.48B | 2.21B | 2.26B | 726.51M | 573.85M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 12.85M | 12.06M | 9.53M | 6.30M | 3.49M |
Short term debt | 10.02M | 8.28M | 6.51M | 3.23M | 2.34M |
Total current liabilities | 1.67B | 1.39B | 1.33B | 213.05M | 99.67M |
| Non-current liabilities: | |||||
Long term debt | 135.49M | 142.54M | 184.5M | 175.33M | 154.67M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 4.17M | 3.36M | 6.09M | 14.93M | 4.72M |
Total non-current liabilities | 154.41M | 163.39M | 210.94M | 191.93M | 165.12M |
Total liabilities | 1.82B | 1.55B | 1.54B | 404.99M | 264.80M |
| Data source | Data source | Data source |