FitLife Brands
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has FitLife Brands's balance sheet done over the years? Its assets were worth $55,346,000 last year, which is more than in the previous period. 51% of FitLife Brands’s total assets is currently financed by debt. Its liabilities reached the amount of $28,310,000, which means an increase by 555% compared compared to last year.
Debt to Assets
| 2014 | 10103970 | 3.39M | 33.55% |
|---|---|---|---|
| 2015 | 17558378 | 7.44M | 42.42% |
| 2016 | 15546363 | 5.01M | 32.25% |
| 2017 | 6862187 | 5.95M | 86.72% |
| 2018 | 5862000 | 3.54M | 60.53% |
| 2019 | 6326000 | 2.98M | 47.17% |
| 2020 | 16774000 | 4.74M | 28.26% |
| 2021 | 21480000 | 4.19M | 19.53% |
| 2022 | 25707000 | 4.31M | 16.8% |
| 2023 | 55346000 | 28.31M | 51.15% |
FTLF Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.13M | 13.27M | 9.89M | 6.33M | 265K | 259K | 1.26M | 1.29M | 1.53M | 4.35M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 3.06M | 705K | 945K | 2.08M | 2.36M | 1.43M | 1.96M | 2.79M | 2.70M | 1.68M |
Inventory | 9.09M | 9.10M | 6.52M | 3.40M | 2.99M | 3.52M | 2.87M | 3.75M | 4.79M | 2.28M |
Other current assets | 1.39M | 116K | 295K | 52K | 72K | 223K | 226K | 136.01K | 512.55K | 736.20K |
Total current assets | 14.69M | 23.20M | 17.65M | 11.87M | 5.70M | 5.43M | 6.32M | 8.12M | 9.53M | 9.06M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 258K | 149K | 228K | 306K | 390K | 189K | 295.18K | 171.00K | 226.80K | 3.10K |
Goodwill | 13.29M | 358K | 358K | 225K | 225K | 225K | 225K | 0 | 0 | 0 |
Intangible assets | 26.30M | 150K | 192K | 0 | 0 | 0 | 225K | 6.50M | 6.92M | 1.03M |
Long term investments | 0 | -1.84M | -3.04M | -4.33M | 0 | 0 | 0 | 52.69K | 52.69K | 0 |
Other non-current assets | 0 | 1.84M | 3.04M | 4.33M | 10K | 10K | 21.90K | 1 | 1 | 3.04K |
Total non-current assets | 40.65M | 2.50M | 3.82M | 4.90M | 625K | 424K | 542.09K | 7.42M | 8.02M | 1.04M |
Total assets | 55.34M | 25.70M | 21.48M | 16.77M | 6.32M | 5.86M | 6.86M | 15.54M | 17.55M | 10.10M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 464K | 0 | 0 | 0 | 1.00M | 40K |
Short term debt | 4.67M | 54K | 55K | 50K | 46K | 500K | 2.36M | 2.50M | 2.06M | 944.12K |
Total current liabilities | 10.33M | 4.27M | 4.09M | 4.12M | 2.77M | 3.54M | 5.95M | 4.64M | 6.53M | 1.95M |
| Non-current liabilities: | ||||||||||
Long term debt | 15.56M | 49K | 103K | 611K | 208K | 0 | 0 | 369.17K | 914.13K | 1.43M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -94.99K | 0 | 1 |
Total non-current liabilities | 17.97M | 49K | 103K | 611K | 208K | 0 | 0 | 369.17K | 914.13K | 1.43M |
Total liabilities | 28.31M | 4.31M | 4.19M | 4.74M | 2.98M | 3.54M | 5.95M | 5.01M | 7.44M | 3.39M |
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