Franklin Wireless 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 Franklin Wireless Corp.'s balance sheet done over the years? Its assets were worth $46,719,829 last year, which is less than in the previous period. 22% of Franklin Wireless Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $10,343,831, which means an decrease by -37% compared compared to last year.
Debt to Assets
| 2015 | 24717467 | 8.44M | 34.16% |
|---|---|---|---|
| 2016 | 31749129 | 13.52M | 42.6% |
| 2017 | 32312013 | 13.20M | 40.86% |
| 2018 | 25136638 | 8.10M | 32.23% |
| 2019 | 21195276 | 5.92M | 27.93% |
| 2020 | 65391571 | 44.25M | 67.68% |
| 2021 | 57788637 | 11.62M | 20.11% |
| 2022 | 52041871 | 9.43M | 18.14% |
| 2023 | 56927078 | 16.51M | 29.01% |
| 2024 | 46719829 | 10.34M | 22.14% |
FKWL Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 12.26M | 12.24M | 26.27M | 45.79M | 28.16M | 6.44M | 11.97M | 14.28M | 13.15M | 11.82M |
Short term investments | 25.19M | 26.72M | 16.33M | 5.38M | 5.38M | 5.38M | 0 | 0 | 0 | 0 |
Net receivables | 1.15M | 9.05M | 1.36M | 2.59M | 16.03M | 4.17M | 8.03M | 11.07M | 12.38M | 5.60M |
Inventory | 1.42M | 3.74M | 4.19M | 975.51K | 11.78M | 1.05M | 1.61M | 3.37M | 2.28M | 2.28M |
Other current assets | 181.88K | 90.56K | 40.93K | 44.98K | 21.58K | 28.04K | 19.03K | 174.47K | 11.83K | 1.38M |
Total current assets | 40.22M | 51.85M | 48.39M | 54.83M | 61.41M | 17.13M | 21.74M | 28.91M | 28.16M | 21.09M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.60M | 253.75K | 554.57K | 904.87K | 1.36M | 131.87K | 124.07K | 219.94K | 317.76K | 314.47K |
Goodwill | 273.28K | 273.28K | 273.28K | 273.28K | 273.28K | 273.28K | 273.28K | 273.28K | 273.28K | 273.28K |
Intangible assets | 1.30M | 2.18M | 1.35M | 1.24M | 1.12M | 1.10M | 996.70K | 1.10M | 1.12M | 1.04M |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 131.24K | 126.54K | 126.09K | 140.53K | 283.36K | 258.09K | 139.63K | 136.65K | 136.07K | 129.87K |
Total non-current assets | 6.49M | 5.06M | 3.65M | 2.95M | 3.98M | 4.05M | 3.38M | 3.40M | 3.58M | 3.62M |
Total assets | 46.71M | 56.92M | 52.04M | 57.78M | 65.39M | 21.19M | 25.13M | 32.31M | 31.74M | 24.71M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 158.77K | 146.48K | 231.62K | 0 | 0 | 0 | 228.59K | 51.99K | 1.90K | 693.31K |
Short term debt | 479.45K | 318.20K | 308.83K | 317.51K | 400.50K | 0 | 5.08K | 0 | 380 | 148.29K |
Total current liabilities | 9.08M | 16.51M | 9.28M | 11.15M | 42.98M | 5.92M | 8.10M | 13.20M | 13.52M | 8.44M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.25M | 0 | 159.10K | 467.93K | 1.27M | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | -122.23K | -1.34M | 0 | 0 | 0 | 0 | 0 | 0 | -1.86M |
Total non-current liabilities | 1.25M | 122.23K | 159.10K | 467.93K | 1.27M | 0 | 0 | 0 | 1.72M | 1.86M |
Total liabilities | 10.34M | 16.51M | 9.43M | 11.62M | 44.25M | 5.92M | 8.10M | 13.20M | 13.52M | 8.44M |
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