Fortune Rise Acquisition 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 Fortune Rise Acquisition Corp.'s balance sheet done over the years? Its assets were worth $34,970,714 last year, which is less than in the previous period. 26% of Fortune Rise Acquisition Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $9,184,936, which means an increase by 87% compared compared to last year.
Debt to Assets
| 2021 | 100740981 | 3.46M | 3.44% |
|---|---|---|---|
| 2022 | 102143840 | 4.91M | 4.81% |
| 2023 | 34970714 | 9.18M | 26.26% |
FRLAW Balance Sheet (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 12.91K | 172.31K | 847.17K |
Short term investments | 34.85M | 0 | 0 |
Net receivables | 0 | 0 | 0 |
Inventory | 0 | 0 | 0 |
Other current assets | 106.65K | 29K | 187.49K |
Total current assets | 119.56K | 201.31K | 1.03M |
Non-current assets: | |||
Property, Plant and Equipment | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 |
Long term investments | 0 | 101.94M | 99.70M |
Other non-current assets | 34.85M | 0 | 0 |
Total non-current assets | 34.85M | 101.94M | 99.70M |
Total assets | 34.97M | 102.14M | 100.74M |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | 0 | 0 | 0 |
Short term debt | 4.76M | 733.75K | 0 |
Total current liabilities | 5.76M | 1.41M | 44.16K |
| Non-current liabilities: | |||
Long term debt | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 3.42M | 3.42M | 0 |
Total non-current liabilities | 3.42M | 3.50M | 3.42M |
Total liabilities | 9.18M | 4.91M | 3.46M |
| Data source | Data source | Data source |