The Detroit Legal News Company
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has The Detroit Legal News Company's balance sheet done over the years? Its assets were worth $14,872,055 last year, which is more than in the previous period. 14% of The Detroit Legal News Company’s total assets is currently financed by debt. Its liabilities reached the amount of $2,134,676, which means an increase by 25% compared compared to last year.
Debt to Assets
| 2016 | 17652862 | 3.55M | 20.15% |
|---|---|---|---|
| 2017 | 15490882 | 1.85M | 11.95% |
| 2018 | 18261367 | 5.13M | 28.12% |
| 2019 | 15008480 | 2.32M | 15.51% |
| 2020 | 13305855 | 2.29M | 17.24% |
| 2021 | 12762493 | 1.37M | 10.78% |
| 2022 | 13532357 | 1.71M | 12.66% |
| 2023 | 14872055 | 2.13M | 14.35% |
DTRL Balance Sheet (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Assets | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | 5.50M | 7.13M | 8.33M | 9.26M | 9.98M | 13.41M | 10.38M | 11.32M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 4.06M | 3.98M | 2.45M | 1.61M | 2.99M | 3.19M | 3.07M | 3.14M |
Inventory | 741.44K | 946.01K | 276.01K | 218.77K | 311.82K | 274.05K | 228.60K | 235.80K |
Other current assets | 202.13K | 171.89K | 144.51K | 156.85K | 159.39K | 92.72K | 192.80K | 383.78K |
Total current assets | 10.50M | 12.23M | 11.20M | 11.25M | 13.45M | 16.98M | 13.88M | 15.09M |
Non-current assets: | ||||||||
Property, Plant and Equipment | 4.00M | 1.16M | 1.41M | 1.76M | 1.39M | 971.68K | 1.38M | 1.58M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 183.33K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | -183.33K | 0 | 0 | 0 | 0 | 0 | 0 | 974.00K |
Other non-current assets | 183.33K | -1 | -1 | 39.42K | 32.41K | 159.49K | 18.64K | 999 |
Total non-current assets | 4.36M | 1.29M | 1.56M | 2.05M | 1.55M | 1.27M | 1.60M | 2.55M |
Total assets | 14.87M | 13.53M | 12.76M | 13.30M | 15.00M | 18.26M | 15.49M | 17.65M |
Liabilities | ||||||||
| Current liabilities: | ||||||||
Accounts payable | ||||||||
Deferred revenue | 57.24K | 52.74K | 67.13K | 62.14K | 70.82K | 72.38K | 77.39K | 79.46K |
Short term debt | 131.61K | 98.32K | 138.90K | 143.31K | 144.45K | 3.98M | 830.61K | 2.02M |
Total current liabilities | 1.06M | 1.37M | 927.23K | 1.53M | 1.77M | 4.99M | 1.66M | 3.19M |
| Non-current liabilities: | ||||||||
Long term debt | 257.14K | 62.82K | 161.15K | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | -62.62K | -160.84K | 300.05K | 432.00K | 0 | 0 | 0 |
Total non-current liabilities | 1.07M | 333.82K | 449.15K | 761.05K | 558.00K | 145K | 184K | 359K |
Total liabilities | 2.13M | 1.71M | 1.37M | 2.29M | 2.32M | 5.13M | 1.85M | 3.55M |