Fitell
Balance Sheet

Last updated:

The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Fitell's balance sheet done over the years? Its assets were worth $11,478,290 last year, which is more than in the previous period. 22% of Fitell’s total assets is currently financed by debt. Its liabilities reached the amount of $2,469,418, which means an decrease by -18% compared compared to last year.

Debt to Assets

Fitell Corporation (NASDAQ:FTEL): Debt to assets
2020 6200222 3.79M 61.27%
2021 6310067 3.81M 60.51%
2022 5431720 2.99M 55.13%
2024 11478290 2.46M 21.51%

FTEL Balance Sheet (2019 – 2023)

2023 2021 2020 2019
Assets
Current assets:
Cash and cash equivalents
 939.01K716.05K1.28M1.28M
Short term investments
 124.96K1.02M304.49K493.15K
Net receivables
 4.03M41.09K1.08M466.00K
Inventory
 2.43M919.42K915.07K706.17K
Other current assets
 1.51M230.10K304.49K794.04K
Total current assets
 9.05M2.93M3.59M3.24M
Non-current assets:
Property, Plant and Equipment
 584.93K891.13K1.12M1.34M
Goodwill
 1.16M1.16M1.16M1.16M
Intangible assets
 337.50K337.50K337.50K337.50K
Long term investments
 05600
Other non-current assets
 0-5642.01K37.91K
Total non-current assets
 2.42M2.50M2.71M2.95M
Total assets
 11.47M5.43M6.31M6.20M
Liabilities
Current liabilities:
Accounts payable
Deferred revenue
 209.1K501.97K1.16M880.76K
Short term debt
 278.43K206.69K209.8K176.15K
Total current liabilities
 2.14M2.27M2.80M2.69M
Non-current liabilities:
Long term debt
 301.92K716.23K1.00M1.09M
Deferred tax
 0000
Other non-current liabilities
 21.52K5.28K9.36K8.45K
Total non-current liabilities
 323.44K721.52K1.01M1.10M
Total liabilities
 2.46M2.99M3.81M3.79M
Data source