Elite Education Group International Limited
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Elite Education Group International Limited's balance sheet done over the years? Its assets were worth $19,209,136 last year, which is less than in the previous period. 43% of Elite Education Group International Limited’s total assets is currently financed by debt. Its liabilities reached the amount of $8,275,426, which means an increase by 23% compared compared to last year.
Debt to Assets
| 2017 | 7765334 | 4.32M | 55.66% |
|---|---|---|---|
| 2018 | 10790102 | 6.37M | 59.07% |
| 2019 | 14872178 | 8.40M | 56.49% |
| 2020 | 14202472 | 6.71M | 47.31% |
| 2021 | 24009639 | 9.07M | 37.79% |
| 2022 | 24002726 | 6.72M | 28.01% |
| 2023 | 19209136 | 8.27M | 43.08% |
EEIQ Balance Sheet (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 4.96M | 11.44M | 16.53M | 7.40M | 8.27M | 4.01M | 1.90M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 1.03M | 1.67M | 1.48M | 818K | 243.12K | 476.37K | 8.90K |
Inventory | 41.18K | 0 | 1 | 783.88K | 1 | 0 | 1 |
Other current assets | 2.66M | 946.29K | 1.56M | 1.63M | 2.06M | 1.55M | 1.78M |
Total current assets | 8.71M | 14.06M | 19.58M | 10.64M | 10.92M | 6.05M | 3.69M |
Non-current assets: | |||||||
Property, Plant and Equipment | 3.15M | 3.18M | 4.10M | 3.12M | 2.91M | 2.80M | 2.67M |
Goodwill | 2.65M | 854.88K | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 4.68M | 398.79K | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 5.08M | 200K | 280K | 280K | 0 | 429.8K |
Other non-current assets | 0 | 0 | -4.10M | 159.38K | 743.73K | 1.83M | 217.43K |
Total non-current assets | 10.49M | 9.93M | 4.42M | 3.55M | 3.94M | 4.73M | 4.06M |
Total assets | 19.20M | 24.00M | 24.00M | 14.20M | 14.87M | 10.79M | 7.76M |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | 4.05M | 3.33M | 5.25M | 4.60M | 6.83M | 5.61M | 4.28M |
Short term debt | 559.37K | 461.16K | 259.29K | 140K | 140K | 0 | -4.32M |
Total current liabilities | 6.87M | 6.05M | 8.61M | 6.71M | 8.40M | 6.37M | 4.32M |
| Non-current liabilities: | |||||||
Long term debt | 571.13K | 561.89K | 461.99K | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 1.25M | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 1.39M | 669.57K | 461.99K | 0 | 0 | 0 | 0 |
Total liabilities | 8.27M | 6.72M | 9.07M | 6.71M | 8.40M | 6.37M | 4.32M |
| Data source | Data source | Data source |