China Education Resources
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has China Education Resources's balance sheet done over the years? Its assets were worth $7,218,025 last year, which is more than in the previous period. 96% of China Education Resources’s total assets is currently financed by debt. Its liabilities reached the amount of $6,933,421, which means an decrease by -6% compared compared to last year.
Debt to Assets
| 2012 | 7259378 | 7.89M | 108.78% |
|---|---|---|---|
| 2013 | 6709095 | 9.56M | 142.52% |
| 2014 | 7430490 | 10.73M | 144.47% |
| 2015 | 7862913 | 11.32M | 144.09% |
| 2016 | 7907685 | 8.97M | 113.47% |
| 2017 | 9101643 | 8.65M | 95.06% |
| 2018 | 7788227 | 7.52M | 96.64% |
| 2019 | 7134923 | 7.37M | 103.41% |
| 2020 | 7218025 | 6.93M | 96.06% |
CHN.V Balance Sheet (2012 – 2020)
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||
Current assets: | |||||||||
Cash and cash equivalents | 2.40M | 1.84M | 3.38M | 2.86M | 3.84M | 1.59M | 586.15K | 1.20M | 580.37K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 83.24K | 0 | 0 | 0 |
Net receivables | 3.05M | 3.77M | 4.14M | 6.03M | 3.86M | 5.63M | 6.04M | 5.37M | 4.20M |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 0 | 0 | 172.29K | 87.25K | 103.83K | 470.73K | 726.74K | 31.69K | 59.42K |
Total current assets | 7.10M | 6.97M | 7.70M | 8.98M | 7.80M | 7.78M | 7.35M | 6.60M | 4.84M |
Non-current assets: | |||||||||
Property, Plant and Equipment | 111.25K | 163.18K | 86.82K | 118.44K | 97.70K | 77.72K | 76.44K | 100.23K | 111.32K |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.30M |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | 50 | 0 | 0 | 198 | 0 | 0 | 0 | 0 |
Total non-current assets | 111.25K | 163.23K | 86.82K | 118.44K | 97.90K | 77.72K | 76.44K | 100.23K | 2.41M |
Total assets | 7.21M | 7.13M | 7.78M | 9.10M | 7.90M | 7.86M | 7.43M | 6.70M | 7.25M |
Liabilities | |||||||||
| Current liabilities: | |||||||||
Accounts payable | |||||||||
Deferred revenue | 10.57K | 9.58K | 34.73K | 184.28K | 502.40K | 794.64K | 769.42K | 67.59K | 95.44K |
Short term debt | 1.17M | 1.10M | 1.11M | 1.30M | 930.40K | 1.16M | 855.93K | 774.55K | 646.45K |
Total current liabilities | 6.59M | 7.30M | 7.52M | 8.65M | 8.97M | 11.32M | 10.73M | 9.55M | 7.86M |
| Non-current liabilities: | |||||||||
Long term debt | 31.06K | 72.36K | 0 | 0 | 0 | 0 | 0 | 7.1K | 31.44K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 340.85K | 72.36K | 0 | 0 | 0 | 0 | 0 | 7.1K | 31.44K |
Total liabilities | 6.93M | 7.37M | 7.52M | 8.65M | 8.97M | 11.32M | 10.73M | 9.56M | 7.89M |