AXIL Brands
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has AXIL Brands's balance sheet done over the years? Its assets were worth $10,974,361 last year, which is more than in the previous period. 30% of AXIL Brands’s total assets is currently financed by debt. Its liabilities reached the amount of $3,278,575, which means an increase by 3309% compared compared to last year.
Debt to Assets
| 2016 | 697284 | 65.24K | 9.36% |
|---|---|---|---|
| 2018 | 609514 | 96.16K | 15.78% |
| 2024 | 10974361 | 3.27M | 29.87% |
AXIL Balance Sheet (2015 – 2023)
| 2023 | 2017 | 2015 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 3.25M | 227.87K | 369.69K |
Short term investments | 0 | 0 | 0 |
Net receivables | 509.83K | 29.99K | 29.07K |
Inventory | 3.39M | 324.95K | 179.06K |
Other current assets | 809.12K | 6.91K | 116.26K |
Total current assets | 7.96M | 586.31K | 694.10K |
Non-current assets: | |||
Property, Plant and Equipment | 297.7K | 8.34K | 3.18K |
Goodwill | 2.15M | 0 | 0 |
Intangible assets | 309.10K | 0 | 0 |
Long term investments | 0 | 0 | 0 |
Other non-current assets | 16.89K | 14.84K | 4 |
Total non-current assets | 3.00M | 23.19K | 3.18K |
Total assets | 10.97M | 609.51K | 697.28K |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | 1.06M | 0 | 0 |
Short term debt | 183.34K | 0 | 0 |
Total current liabilities | 2.79M | 96.16K | 65.24K |
| Non-current liabilities: | |||
Long term debt | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 |
Total non-current liabilities | 480.53K | 0 | 0 |
Total liabilities | 3.27M | 96.16K | 65.24K |
| Data source |