Fortem Resources
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Fortem Resources's balance sheet done over the years? Its assets were worth $77,127,172 last year, which is less than in the previous period. 26% of Fortem Resources’s total assets is currently financed by debt. Its liabilities reached the amount of $20,101,851, which means an increase by 11% compared compared to last year.
Debt to Assets
| 2012 | 108923 | 183.86K | 168.8% |
|---|---|---|---|
| 2019 | 142835816 | 18.03M | 12.63% |
| 2020 | 77127172 | 20.10M | 26.06% |
FTMRQ Balance Sheet (2012 – 2019)
| 2019 | 2018 | 2012 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 13.02K | 35.17K | 78.19K |
Short term investments | 0 | 0 | 0 |
Net receivables | 67.31K | 24.73K | 0 |
Inventory | 20.42K | 0 | 0 |
Other current assets | 87 | 0 | 4.06K |
Total current assets | 100.85K | 129.66K | 82.26K |
Non-current assets: | |||
Property, Plant and Equipment | 76.98M | 140.93M | 26.65K |
Goodwill | 0 | 0 | 0 |
Intangible assets | 1 | 1 | 0 |
Long term investments | 0 | 1.5M | 0 |
Other non-current assets | 43.51K | 273.49K | 0 |
Total non-current assets | 77.02M | 142.70M | 26.65K |
Total assets | 77.12M | 142.83M | 108.92K |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | 0 | 0 | 0 |
Short term debt | 1.63M | 117.55K | 0 |
Total current liabilities | 3.32M | 1.29M | 183.86K |
| Non-current liabilities: | |||
Long term debt | 532.31K | 500K | 0 |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 32.31K | 29.27K | 0 |
Total non-current liabilities | 16.78M | 16.74M | 0 |
Total liabilities | 20.10M | 18.03M | 183.86K |