FinWise Bancorp
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has FinWise Bancorp's balance sheet done over the years? Its assets were worth $586,221,000 last year, which is more than in the previous period. 74% of FinWise Bancorp’s total assets is currently financed by debt. Its liabilities reached the amount of $431,165,000, which means an increase by 65% compared compared to last year.
Debt to Assets
| 2019 | 177062000 | 64K | 0.04% |
|---|---|---|---|
| 2020 | 317515000 | 271.64M | 85.55% |
| 2021 | 380214000 | 264.77M | 69.64% |
| 2022 | 402209000 | 261.75M | 65.08% |
| 2023 | 586221000 | 431.16M | 73.55% |
FINW Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 116.97M | 100.56M | 85.75M | 47.38M | 34.77M |
Short term investments | 0 | 4.8M | 11.42M | 0 | 0 |
Net receivables | 0 | 1.81M | 1.54M | 1.62M | 943K |
Inventory | 0 | 26.45M | -87.30M | -49.01M | -35.72M |
Other current assets | 0 | 102.38M | 87.30M | 49.01M | 35.72M |
Total current assets | 116.97M | 231.22M | 87.30M | 49.01M | 35.72M |
Non-current assets: | |||||
Property, Plant and Equipment | 18.92M | 15.94M | 3.28M | 1.26M | 926K |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 4.23M | 5.21M | 3.93M | 2.41M | 2.03M |
Long term investments | 19.58M | 19.09M | 17.40M | 5.57M | 3.91M |
Other non-current assets | 0 | -25.73M | -6.04M | -3.34M | -3.00M |
Total non-current assets | 42.74M | 15.68M | 20.68M | 6.84M | 4.83M |
Total assets | 586.22M | 402.20M | 380.21M | 317.51M | 177.06M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 |
Short term debt | 1.10M | 7.02M | 0 | 0 | 0 |
Total current liabilities | 237.12M | 8.09M | 48K | 195K | 64K |
| Non-current liabilities: | |||||
Long term debt | 5.38M | 8.76M | 1.05M | 101.00M | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 417.61M | 243.46M | -1.05M | -101.00M | 73.11M |
Total non-current liabilities | 422.99M | 252.22M | 1.05M | 101.00M | 73.95M |
Total liabilities | 431.16M | 261.75M | 264.77M | 271.64M | 64K |
| Data source | Data source | Data source |