FG Merger 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 FG Merger Corp.'s balance sheet done over the years? Its assets were worth $12,178,179 last year, which is more than in the previous period. 92% of FG Merger Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $11,242,336, which means an increase by 24% compared compared to last year.
Debt to Assets
| 2018 | 1735000 | 2.69M | 155.22% |
|---|---|---|---|
| 2019 | 2522000 | 2.05M | 81.56% |
| 2020 | 2690677 | 3.31M | 123.37% |
| 2021 | 6630343 | 5.62M | 84.84% |
| 2022 | 6556184 | 9.05M | 138.15% |
| 2023 | 12178179 | 11.24M | 92.32% |
FGMC Balance Sheet (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | 1.21M | 196.15K | 71.80K | 7.61K | 445K | 1K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 563.90K | 414.80K | 629.04K | 126.47K | 101K | 224K |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 1.72M | 480.70K | 312.28K | 20.10K | 8K | 9K |
Total current assets | 3.50M | 1.09M | 1.01M | 154.19K | 554K | 234K |
Non-current assets: | ||||||
Property, Plant and Equipment | 1.56M | 1.01M | 191.61K | 152.88K | 59K | 11K |
Goodwill | 1.48M | 1.48M | 1.48M | 491.37K | 393K | 416K |
Intangible assets | 0 | 2.96M | 3.94M | 1.89M | 1.51M | 1.07M |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 5.61M | -9 | -9 | -2.53M | -1.96M | 0 |
Total non-current assets | 8.66M | 5.46M | 5.61M | 2.53M | 1.96M | 1.50M |
Total assets | 12.17M | 6.55M | 6.63M | 2.69M | 2.52M | 1.73M |
Liabilities | ||||||
| Current liabilities: | ||||||
Accounts payable | ||||||
Deferred revenue | 119.59K | 13.84K | 20.41K | 2.77K | -1.00M | 115M |
Short term debt | 0 | 4.44M | 2.39M | 1.51M | 935K | 1.85M |
Total current liabilities | 8.87M | 6.79M | 4.05M | 3.18M | 1.93M | 2.52M |
| Non-current liabilities: | ||||||
Long term debt | 2.36M | 2.25M | 1.57M | 61.38K | 13K | 55K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 73.03K | -13K | 115M |
Total non-current liabilities | 2.36M | 2.25M | 1.57M | 134.42K | 121K | 170K |
Total liabilities | 11.24M | 9.05M | 5.62M | 3.31M | 2.05M | 2.69M |
| Data source | Data source | Data source | Data source | Data source | Data source |