GigaCloud Technology
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has GigaCloud Technology's balance sheet done over the years? Its assets were worth $846,909,000 last year, which is more than in the previous period. 66% of GigaCloud Technology’s total assets is currently financed by debt. Its liabilities reached the amount of $556,493,000, which means an increase by 149% compared compared to last year.
Debt to Assets
| 2019 | 49499000 | 22.38M | 45.22% |
|---|---|---|---|
| 2020 | 138343000 | 51.57M | 37.28% |
| 2021 | 186777000 | 60.94M | 32.63% |
| 2022 | 418600000 | 223.43M | 53.38% |
| 2023 | 846909000 | 556.49M | 65.71% |
GCT Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 184.16M | 143.53M | 63.19M | 61.54M | 5.29M |
Short term investments | -885K | 0 | 0 | 0 | 1.38M |
Net receivables | 68.82M | 27.14M | 20.00M | 25.87M | 13.91M |
Inventory | 132.24M | 78.33M | 81.44M | 35.57M | 21.76M |
Other current assets | 6.42M | 7.56M | 298K | 737K | 4.20M |
Total current assets | 392.80M | 258.12M | 172.41M | 132.36M | 46.56M |
Non-current assets: | |||||
Property, Plant and Equipment | 423.53M | 157.22M | 11.07M | 5.94M | 2.40M |
Goodwill | 12.58M | 0 | 0 | 0 | 0 |
Intangible assets | 8.36M | 0 | 0 | 0 | 0 |
Long term investments | 0 | 81K | 79K | 0 | 0 |
Other non-current assets | 8.17M | 3.18M | 3.21M | 0 | 535K |
Total non-current assets | 454.10M | 160.47M | 14.35M | 5.97M | 2.93M |
Total assets | 846.90M | 418.6M | 186.77M | 138.34M | 49.49M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 5.53M | 2.00M | 3.69M | 3.42M | 0 |
Short term debt | 44.69M | 27.86M | 2.68M | 1.48M | 89K |
Total current liabilities | 205.77M | 102.63M | 57.04M | 48.90M | 22.38M |
| Non-current liabilities: | |||||
Long term debt | 343.62M | 117.43M | 2.58M | 2.54M | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 3.30M | 2.89M | 1.03M | -711K | 0 |
Total non-current liabilities | 350.71M | 120.79M | 3.90M | 2.66M | 0 |
Total liabilities | 556.49M | 223.43M | 60.94M | 51.57M | 22.38M |
| Data source | Data source |