CubicFarm Systems Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has CubicFarm Systems Corp.'s balance sheet done over the years? Its assets were worth $23,777,884 last year, which is less than in the previous period. 142% of CubicFarm Systems Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $33,745,962, which means an increase by 148% compared compared to last year.
Debt to Assets
| 2018 | 4627868 | 1.13M | 24.61% |
|---|---|---|---|
| 2019 | 18102494 | 3.92M | 21.7% |
| 2020 | 21140607 | 6.75M | 31.96% |
| 2021 | 54677149 | 13.58M | 24.85% |
| 2022 | 23777884 | 33.74M | 141.92% |
CUB.TO Balance Sheet (2017 – 2022)
| 2022 | 2021 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 2.94M | 21.38M | 3.60M | 9.90M | 2.50M |
Short term investments | 0 | 0 | 0 | 0 | 0 |
Net receivables | 1.98M | 2.12M | 2.18M | 969.92K | 15.68K |
Inventory | 13.31M | 8.43M | 2.70M | 225.63K | 1.52M |
Other current assets | 2.57M | 3.40M | 1.62M | 2.00M | 429.24K |
Total current assets | 20.81M | 35.34M | 10.11M | 13.10M | 4.47M |
Non-current assets: | |||||
Property, Plant and Equipment | 2.95M | 12.06M | 4.09M | 3.13M | 98.29K |
Goodwill | 0 | 1.87M | 1.83M | 0 | 0 |
Intangible assets | 0 | 5.37M | 5.09M | 1.04M | 50K |
Long term investments | 20 | 20 | 21 | 546.54K | 0 |
Other non-current assets | 9.36K | 23.19K | 0 | 269.13K | 0 |
Total non-current assets | 2.96M | 19.32M | 11.02M | 4.99M | 148.29K |
Total assets | 23.77M | 54.67M | 21.14M | 18.10M | 4.62M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 10.93M | 2.23M | 1.70M | 2.28M | 883.69K |
Short term debt | 2.79M | 865.75K | 231.08K | 0 | 0 |
Total current liabilities | 22.74M | 9.78M | 3.78M | 3.92M | 1.13M |
| Non-current liabilities: | |||||
Long term debt | 10.87M | 3.67M | 1.42M | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 123.03K | 133.17K | 1.20M | 0 | 0 |
Total non-current liabilities | 10.99M | 3.80M | 2.97M | 0 | 0 |
Total liabilities | 33.74M | 13.58M | 6.75M | 3.92M | 1.13M |
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