Forge Innovation Development 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 Forge Innovation Development Corp.'s balance sheet done over the years? Its assets were worth $9,306,401 last year, which is more than in the previous period. 64% of Forge Innovation Development Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $5,987,982, which means an increase by 2657% compared compared to last year.
Debt to Assets
| 2016 | 938503 | 56.35K | 6% |
|---|---|---|---|
| 2017 | 1134777 | 326.66K | 28.79% |
| 2018 | 813597 | 4.87K | 0.6% |
| 2019 | 654740 | 129.40K | 19.76% |
| 2020 | 353723 | 148.51K | 41.99% |
| 2021 | 145323 | 202.55K | 139.38% |
| 2022 | 125844 | 217.18K | 172.58% |
| 2023 | 9306401 | 5.98M | 64.34% |
FGNV Balance Sheet (2016 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|
Assets | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | 4.89K | 11.73K | 60.36K | 236.58K | 366.27K | 653.14K | 824.77K | 655.17K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 114.03K | 0 | 9K | 4.29K | 110K | 113K | 200K | -283.33K |
Inventory | 0 | 0 | 0 | -2 | 0 | 1 | -200K | 283.33K |
Other current assets | 1.00M | 856 | 14.69K | 11.5K | 8K | 109.99K | 200K | -5 |
Total current assets | 1.12M | 28.25K | 84.05K | 252.38K | 484.27K | 766.14K | 1.02M | 655.17K |
Non-current assets: | ||||||||
Property, Plant and Equipment | 63.51K | 83.63K | 47.31K | 87.38K | 156.51K | 29.21K | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 8.11M | 0 | 0 | 0 | 0 | 0 | 110K | 283.33K |
Other non-current assets | 1 | 13.95K | 13.95K | 13.95K | 13.95K | 18.23K | -1 | -1 |
Total non-current assets | 8.18M | 97.58K | 61.26K | 101.34K | 170.47K | 47.45K | 109.99K | 283.33K |
Total assets | 9.30M | 125.84K | 145.32K | 353.72K | 654.74K | 813.59K | 1.13M | 938.50K |
Liabilities | ||||||||
| Current liabilities: | ||||||||
Accounts payable | ||||||||
Deferred revenue | 45.77K | 13.12K | -83.07K | 0 | 0 | 0 | 26.66K | 0 |
Short term debt | 466.06K | 8.23K | 6.87K | 99.07K | 59.31K | 0 | 0 | 100 |
Total current liabilities | 1.60M | 168.45K | 179.74K | 134.63K | 64.08K | 4.87K | 326.66K | 56.35K |
| Non-current liabilities: | ||||||||
Long term debt | 4.18M | 48.72K | 22.80K | 13.88K | 65.31K | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 191.89K | -48.72K | -22.80K | -13.88K | 0 | 0 | 0 | 0 |
Total non-current liabilities | 4.38M | 48.72K | 22.80K | 13.88K | 65.31K | 0 | 0 | 0 |
Total liabilities | 5.98M | 217.18K | 202.55K | 148.51K | 129.40K | 4.87K | 326.66K | 56.35K |
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