Grand River Commerce
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Grand River Commerce's balance sheet done over the years? Its assets were worth $549,076,000 last year, which is more than in the previous period. 94% of Grand River Commerce’s total assets is currently financed by debt. Its liabilities reached the amount of $513,448,000, which means an increase by 5% compared compared to last year.
Debt to Assets
| 2014 | 129895000 | 33K | 0.03% |
|---|---|---|---|
| 2015 | 159734000 | 140.25M | 87.8% |
| 2016 | 196158000 | 174.06M | 88.74% |
| 2017 | 223452000 | 187.42M | 83.88% |
| 2018 | 264321000 | 227.04M | 85.9% |
| 2019 | 321326000 | 11.26M | 3.5% |
| 2020 | 451919000 | 409.67M | 90.65% |
| 2021 | 489452000 | 444.01M | 90.72% |
| 2022 | 530250000 | 487.41M | 91.92% |
| 2023 | 549076000 | 513.44M | 93.51% |
GNRV Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 21.98M | 47.73M | 83.58M | 73.03M | 20.96M | 16.64M | 13.54M | 10.22M | 8.12M | 9.51M |
Short term investments | 0 | 15.03M | 18.10M | 7.47M | 5.63M | 6.84M | 4.12M | 5.04M | 0 | 0 |
Net receivables | 4.56M | 4.58M | 3.84M | 1.61M | 1.27M | 1.20M | 0 | 598K | 0 | 0 |
Inventory | 0 | -49.65M | -85.19M | -74.14M | -21.83M | 0 | -14.10M | 0 | 0 | 0 |
Other current assets | 0 | 49.65M | 85.19M | 74.14M | 21.83M | 0 | 0 | 0 | 0 | 0 |
Total current assets | 26.54M | 67.35M | 105.53M | 82.11M | 27.86M | 24.69M | 18.36M | 15.86M | 8.47M | 9.51M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 3.80M | 2.47M | 2.33M | 1.14M | 456K | 475K | 569K | 574K | 559K | 615K |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 4.41M | 15.03M | 18.10M | 7.47M | 5.63M | 6.84M | 4.12M | 5.04M | 652K | 0 |
Other non-current assets | 517.42M | -17.50M | -20.43M | -8.62M | -6.08M | -7.32M | -4.69M | -5.61M | 150.05M | 119.76M |
Total non-current assets | 525.64M | 17.50M | 20.43M | 8.62M | 6.08M | 7.32M | 4.69M | 5.61M | 151.26M | 120.37M |
Total assets | 549.07M | 530.25M | 489.45M | 451.91M | 321.32M | 264.32M | 223.45M | 196.15M | 159.73M | 129.89M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | -7.14M | 3.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 17.46M | 10.33M | 253K | 0 | 10.5M | 7.5M | 0 | 5M | 6.85M | 0 |
Total current liabilities | 223.22M | 3.18M | 3.63M | 1.49M | 11.26M | 8.13M | 466K | 5.40M | 33.27M | 33K |
| Non-current liabilities: | ||||||||||
Long term debt | 32.86M | 22.54M | 12.51M | 12.49M | 10.5M | 0 | 7.5M | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 257.46M | -19.35M | -12.51M | -12.49M | 704K | 0 | -7.5M | 0 | 140.25M | 0 |
Total non-current liabilities | 290.33M | 3.18M | 12.51M | 12.49M | 232.13M | 0 | 7.5M | 0 | 106.97M | 0 |
Total liabilities | 513.44M | 487.41M | 444.01M | 409.67M | 11.26M | 227.04M | 187.42M | 174.06M | 140.25M | 33K |