FGI Industries Ltd.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has FGI Industries Ltd.'s balance sheet done over the years? Its assets were worth $65,744,930 last year, which is more than in the previous period. 63% of FGI Industries Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $41,718,158, which means an increase by 11% compared compared to last year.
Debt to Assets
| 2019 | 39518042 | 35.89M | 90.84% |
|---|---|---|---|
| 2020 | 45147461 | 43.61M | 96.61% |
| 2021 | 69150860 | 61.60M | 89.08% |
| 2022 | 60366930 | 37.62M | 62.32% |
| 2023 | 65744930 | 41.71M | 63.45% |
FGIWW Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 7.77M | 10.06M | 3.88M | 4.01M | 2.41M |
Short term investments | 0 | 0 | 0 | 0 | 0 |
Net receivables | 16.19M | 19.93M | 29.47M | 17.33M | 15.72M |
Inventory | 9.92M | 13.29M | 21.26M | 8.30M | 9.29M |
Other current assets | 12.21M | 4.66M | 1.54M | 127.8K | 143.60K |
Total current assets | 46.11M | 45.88M | 56.16M | 33.72M | 28.40M |
Non-current assets: | |||||
Property, Plant and Equipment | 17.11M | 11.08M | 8.47M | 9.85M | 9.58M |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 102.22K | 42.68K | 42.68K | 128.05K | 213.41K |
Long term investments | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 1.24M | 2.08M | 2.98M | 171.00K | 379.33K |
Total non-current assets | 19.63M | 14.47M | 12.98M | 11.41M | 11.11M |
Total assets | 65.74M | 60.36M | 69.15M | 45.14M | 39.51M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 |
Short term debt | 10.15M | 11.33M | 15.97M | 12.32M | 9.96M |
Total current liabilities | 28.04M | 29.77M | 54.71M | 35.41M | 28.80M |
| Non-current liabilities: | |||||
Long term debt | 13.67M | 7.84M | 6.88M | 8.19M | 7.08M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 13.67M | 7.84M | 6.88M | 8.19M | 7.08M |
Total liabilities | 41.71M | 37.62M | 61.60M | 43.61M | 35.89M |
| Data source | Data source | Data source |