Golden Sun Education Group Limited
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Golden Sun Education Group Limited's balance sheet done over the years? Its assets were worth $19,448,093 last year, which is less than in the previous period. 77% of Golden Sun Education Group Limited’s total assets is currently financed by debt. Its liabilities reached the amount of $15,071,828, which means an increase by 2% compared compared to last year.
Debt to Assets
| 2019 | 14122806 | 21.20M | 150.14% |
|---|---|---|---|
| 2020 | 17445736 | 24.81M | 142.26% |
| 2021 | 6635880 | 14.27M | 215.14% |
| 2022 | 23438586 | 14.70M | 62.74% |
| 2023 | 19448093 | 15.07M | 77.5% |
GSUN Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 6.55M | 20.34M | 1.19M | 3.21M | 3.10M |
Short term investments | 0 | 0 | 0 | 0 | 0 |
Net receivables | 477.94K | 745.87K | 672.50K | 161.53K | 0 |
Inventory | 153.85K | 1 | 0 | 1 | 0 |
Other current assets | 4.86M | 1.02M | 3.66M | 3.82M | 967.86K |
Total current assets | 12.05M | 22.11M | 5.52M | 5.13M | 4.07M |
Non-current assets: | |||||
Property, Plant and Equipment | 1.67M | 344.02K | 374.61K | 5.40M | 2.80M |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 6.36M | 7.17M |
Long term investments | 5.24M | 0 | 0 | -11.07M | -7.17M |
Other non-current assets | 473.38K | 978.87K | 732.65K | 11.47M | 7.17M |
Total non-current assets | 7.39M | 1.32M | 1.10M | 12.30M | 10.04M |
Total assets | 19.44M | 23.43M | 6.63M | 17.44M | 14.12M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 3.98M | 4.43M | 6.32M | 10.03M | 8.78M |
Short term debt | 600.16K | 1.22M | 1.37M | 2.61M | 1.87M |
Total current liabilities | 10.81M | 12.56M | 12.57M | 19.00M | 15.34M |
| Non-current liabilities: | |||||
Long term debt | 4.19M | 2.13M | 1.02M | 4.66M | 4.84M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 63.68K | -2.13M | 672.56K | 1.15M | 1.01M |
Total non-current liabilities | 4.25M | 2.13M | 1.70M | 5.81M | 5.86M |
Total liabilities | 15.07M | 14.70M | 14.27M | 24.81M | 21.20M |
| Data source | Data source |