FlexShopper
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has FlexShopper's balance sheet done over the years? Its assets were worth $156,490,377 last year, which is more than in the previous period. 81% of FlexShopper’s total assets is currently financed by debt. Its liabilities reached the amount of $127,259,604, which means an increase by 9% compared compared to last year.
Debt to Assets
| 2014 | 8505867 | 2.17M | 25.55% |
|---|---|---|---|
| 2015 | 17477297 | 11.30M | 64.71% |
| 2016 | 29155624 | 14.62M | 50.18% |
| 2017 | 34008626 | 27.68M | 81.4% |
| 2018 | 48626315 | 40.13M | 82.53% |
| 2019 | 52214892 | 42.24M | 80.91% |
| 2020 | 68249379 | 57.09M | 83.66% |
| 2021 | 84812056 | 68.66M | 80.97% |
| 2022 | 148289510 | 117.25M | 79.07% |
| 2023 | 156490377 | 127.25M | 81.32% |
FPAY Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 4.41M | 6.05M | 5.09M | 8.54M | 6.86M | 6.14M | 4.96M | 5.41M | 3.39M | 2.88M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 80.58M | 68.47M | 29.89M | 10.03M | 8.27M | 6.37M | 4.25M | 2.18M | 752.15K | 128.83K |
Inventory | 29.13M | 31.55M | 40.94M | 42.82M | 31.06M | 32.36M | 21.41M | 18.57M | 11.20M | 4.24M |
Other current assets | 3.30M | 68.09M | 957.52K | 869.08K | 672.24K | 317.16K | 321.03K | 361.77K | 237.06K | 118.57K |
Total current assets | 117.43M | 109.68M | 76.89M | 62.26M | 46.87M | 45.19M | 30.96M | 26.52M | 15.58M | 7.37M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 10.54M | 9.49M | 7.84M | 5.91M | 5.26M | 3.33M | 2.94M | 2.54M | 1.79M | 1.05M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 13.39M | 15.16M | 4.96K | 0 | 0 | 0 | 0 | 20.34K | 23.41K | 26.49K |
Long term investments | 0 | 0 | -4.96K | 0 | 0 | 0 | 0 | 68.25K | 66.75K | 0 |
Other non-current assets | 2.17M | 1.93M | -417.58K | -68.17M | -52.13M | 90.62K | -33.91M | 0 | 66.75K | 55.00K |
Total non-current assets | 39.05M | 38.60M | 7.91M | 5.98M | 5.33M | 3.42M | 3.04M | 2.62M | 1.88M | 1.13M |
Total assets | 156.49M | 148.28M | 84.81M | 68.24M | 52.21M | 48.62M | 34.00M | 29.15M | 17.47M | 8.50M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 329.18K |
Short term debt | 443.67K | 1.41M | 1.22M | 6.16M | 1.09M | 16.06M | 14.09M | 0 | 0 | 1M |
Total current liabilities | 12.13M | 12.22M | 12.58M | 17.06M | 7.54M | 26.11M | 22.98M | 4.47M | 2.52M | 2.17M |
| Non-current liabilities: | ||||||||||
Long term debt | 115.12M | 96.32M | 55.58M | 39.82M | 34.69M | 14.02M | 4.69M | 10.15M | 8.78M | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | -110.11M | 50.55M | -58.83M | -44.31M | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 115.12M | 105.02M | 56.08M | 40.02M | 34.69M | 14.02M | 4.69M | 10.15M | 8.78M | 1M |
Total liabilities | 127.25M | 117.25M | 68.66M | 57.09M | 42.24M | 40.13M | 27.68M | 14.62M | 11.30M | 2.17M |
| Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source | Data source |