Borealis Foods
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Borealis Foods's balance sheet done over the years? Its assets were worth $22,044,036 last year, which is less than in the previous period. 34% of Borealis Foods’s total assets is currently financed by debt. Its liabilities reached the amount of $7,487,224, which means an decrease by -88% compared compared to last year.
Debt to Assets
| 2021 | 57383539 | 29.29M | 51.06% |
|---|---|---|---|
| 2022 | 64771061 | 60.13M | 92.84% |
| 2023 | 22044036 | 7.48M | 33.96% |
BRLS Balance Sheet (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 93.11K | 5.14M | 2.90M |
Short term investments | 0 | 0 | 0 |
Net receivables | 0 | 2.59M | 2.13M |
Inventory | 0 | 6.28M | 6.09M |
Other current assets | 29.6K | 1.81M | 436.17K |
Total current assets | 122.71K | 15.84M | 11.57M |
Non-current assets: | |||
Property, Plant and Equipment | 0 | 46.84M | 43.84M |
Goodwill | 0 | 1.91M | 1.91M |
Intangible assets | 0 | 0 | 0 |
Long term investments | 21.92M | 178.53M | 175.95M |
Other non-current assets | 0 | 171.02K | 46.5K |
Total non-current assets | 21.92M | 48.93M | 45.80M |
Total assets | 22.04M | 64.77M | 57.38M |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | 0 | 0 | 0 |
Short term debt | 3.98M | 25.98M | 3.18M |
Total current liabilities | 7.48M | 43.01M | 17.38M |
| Non-current liabilities: | |||
Long term debt | 0 | 15.19M | 10M |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 |
Total non-current liabilities | 0 | 17.11M | 11.91M |
Total liabilities | 7.48M | 60.13M | 29.29M |