Avantax
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Avantax's balance sheet done over the years? Its assets were worth $963,515,000 last year, which is less than in the previous period. 23% of Avantax’s total assets is currently financed by debt. Its liabilities reached the amount of $220,317,000, which means an decrease by -70% compared compared to last year.
Debt to Assets
| 2013 | 978030000 | 463.96M | 47.44% |
|---|---|---|---|
| 2014 | 872714000 | 393.68M | 45.11% |
| 2015 | 1299548000 | 837.26M | 64.43% |
| 2016 | 1022659000 | 605.64M | 59.22% |
| 2017 | 1001671000 | 460.28M | 45.95% |
| 2018 | 997725000 | 390.13M | 39.1% |
| 2019 | 1137572000 | 494.05M | 43.43% |
| 2020 | 1064192000 | 751.90M | 70.65% |
| 2021 | 1071943000 | 730.32M | 68.13% |
| 2022 | 963515000 | 220.31M | 22.87% |
AVTA Balance Sheet (2013 – 2022)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 263.92M | 134.82M | 150.12M | 80.82M | 84.52M | 59.96M | 51.71M | 55.47M | 46.44M | 130.22M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 7.10M | 11.30M | 254.85M | 203.48M |
Net receivables | 44.79M | 46.97M | 39.58M | 40.34M | 37.94M | 10.69M | 30.35M | 7.88M | 34.28M | 56.37M |
Inventory | 1 | 13.13M | 10.28M | 17.41M | 8.01M | 1.37M | 2.35M | 215.22M | 29.24M | 28.82M |
Other current assets | 15.02M | 5.33M | 678K | 562K | 7.75M | 28.73M | 6.32M | 266.01M | 13.47M | 9.77M |
Total current assets | 323.75M | 200.27M | 200.66M | 139.14M | 131.06M | 99.39M | 97.84M | 340.67M | 378.30M | 428.67M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 72.40M | 94.10M | 81.95M | 28.85M | 12.38M | 9.83M | 10.83M | 11.30M | 15.94M | 16.10M |
Goodwill | 266.27M | 454.82M | 454.82M | 662.37M | 548.68M | 549.03M | 548.74M | 548.95M | 304.65M | 348.95M |
Intangible assets | 266.00M | 302.28M | 322.17M | 290.21M | 294.60M | 328.20M | 362.17M | 396.29M | 168.91M | 178.06M |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 35.08M | 20.45M | 4.56M | 6.98M | 10.98M | 15.20M | 3.05M | 2.31M | 4.89M | 6.22M |
Total non-current assets | 639.76M | 871.66M | 863.52M | 998.42M | 866.65M | 902.27M | 924.81M | 958.87M | 494.41M | 549.35M |
Total assets | 963.51M | 1.07B | 1.06B | 1.13B | 997.72M | 1.00B | 1.02B | 1.29B | 872.71M | 978.03M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 4.58M | 13.18M | 12.29M | 12.01M | 10.25M | 9.95M | 12.15M | 11.52M | 7.88M | 7.51M |
Short term debt | 5.13M | 6.70M | 4.08M | 14.5M | 28.24M | 0 | 2.56M | 31.63M | 7.91M | 189.48M |
Total current liabilities | 142.29M | 111.72M | 101.11M | 93.53M | 48.28M | 51.75M | 54.36M | 166.10M | 75.05M | 289.37M |
| Non-current liabilities: | ||||||||||
Long term debt | 30.33M | 586.40M | 588.95M | 387.40M | 260.39M | 338.08M | 412.39M | 539.76M | 271.01M | 113.19M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 22.47M | 6.75M | 24.91M | 5.95M | 32.48M | 26.21M | 25.90M | 25.97M | 2.74M | 2.71M |
Total non-current liabilities | 78.02M | 618.59M | 650.78M | 400.52M | 341.85M | 408.52M | 551.27M | 671.16M | 318.63M | 174.58M |
Total liabilities | 220.31M | 730.32M | 751.90M | 494.05M | 390.13M | 460.28M | 605.64M | 837.26M | 393.68M | 463.96M |
| Data source |