Grid Dynamics Holdings
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Grid Dynamics Holdings's balance sheet done over the years? Its assets were worth $435,165,000 last year, which is more than in the previous period. 12% of Grid Dynamics Holdings’s total assets is currently financed by debt. Its liabilities reached the amount of $52,258,000, which means an increase by 9% compared compared to last year.
Debt to Assets
| 2017 | 31152000 | 6.75M | 21.69% |
|---|---|---|---|
| 2018 | 41726000 | 8.34M | 20% |
| 2019 | 71531000 | 17.48M | 24.45% |
| 2020 | 167135000 | 15.40M | 9.22% |
| 2021 | 256719000 | 29.66M | 11.56% |
| 2022 | 411146000 | 48.10M | 11.7% |
| 2023 | 435165000 | 52.25M | 12.01% |
GDYN Balance Sheet (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 257.22M | 256.72M | 144.36M | 112.74M | 42.18M | 17.86M | 10.35M |
Short term investments | 0 | 0 | 0 | 0 | 224.01M | 0 | 0 |
Net receivables | 53.55M | 53.94M | 43.31M | 18.68M | 18.92M | 17.32M | 12.31M |
Inventory | -3.99M | 4.29M | 584K | 821K | 2.18M | 429K | 1 |
Other current assets | 17.19M | 8.15M | 4.50M | 2.36M | 2.71M | 1.61M | 6.31M |
Total current assets | 323.98M | 323.12M | 192.76M | 134.61M | 66.01M | 37.22M | 28.98M |
Non-current assets: | |||||||
Property, Plant and Equipment | 21.80M | 15.90M | 6.16M | 4.09M | 4.02M | 3.16M | 1.24M |
Goodwill | 53.86M | 45.51M | 35.95M | 14.69M | 0 | 139K | 139K |
Intangible assets | 26.54M | 20.37M | 19.09M | 8.12M | 18K | 146K | 299K |
Long term investments | 1.3M | 1M | 61.22M | 26.91M | -224.01M | 0 | 0 |
Other non-current assets | 1.24M | 224K | -61.22M | -26.91M | 224.01M | 0 | 483K |
Total non-current assets | 111.18M | 88.02M | 63.95M | 32.51M | 5.51M | 4.50M | 2.17M |
Total assets | 435.16M | 411.14M | 256.71M | 167.13M | 71.53M | 41.72M | 31.15M |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | 12.66M | 1.87M | 798K | 731K | 242K | 342K | 0 |
Short term debt | 8.47M | 2.50M | 12.89M | 8.62M | 6.50M | 6.76M | 0 |
Total current liabilities | 42.22M | 38.71M | 25.34M | 13.31M | 8.3M | 8.34M | 6.75M |
| Non-current liabilities: | |||||||
Long term debt | 13.52M | 5.63M | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | -6.76M | 3.75M | 0 | -4K | 9.18M | 0 | 0 |
Total non-current liabilities | 10.03M | 9.39M | 4.32M | 2.08M | 9.18M | 0 | 0 |
Total liabilities | 52.25M | 48.10M | 29.66M | 15.40M | 17.48M | 8.34M | 6.75M |
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