Gulf 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 Gulf Resources's balance sheet done over the years? Its assets were worth $226,671,708 last year, which is less than in the previous period. 9% of Gulf Resources’s total assets is currently financed by debt. Its liabilities reached the amount of $21,423,412, which means an increase by 3% compared compared to last year.
Debt to Assets
| 2014 | 322982152 | 10.90M | 3.38% |
|---|---|---|---|
| 2015 | 356743226 | 18.63M | 5.22% |
| 2016 | 365691353 | 16.23M | 4.44% |
| 2017 | 387499423 | 10.93M | 2.82% |
| 2018 | 298546790 | 4.69M | 1.57% |
| 2019 | 279250985 | 16.14M | 5.78% |
| 2020 | 294037818 | 17.01M | 5.79% |
| 2021 | 309856862 | 23.21M | 7.49% |
| 2022 | 292431342 | 20.81M | 7.12% |
| 2023 | 226671708 | 21.42M | 9.45% |
GURE Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 72.22M | 108.22M | 95.76M | 94.22M | 100.30M | 178.99M | 208.90M | 163.88M | 133.60M | 146.58M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 4.87M | 5.36M | 14.52M | 6.52M | 4.87M | 12.50K | 29.76M | 51.83M | 49.98M | 42.03M |
Inventory | 577.22K | 1.59M | 691.11K | 419.60K | 690.08K | 0 | 1.19M | 5.88M | 7.18M | 5.36M |
Other current assets | 8.39M | 4.23M | 4.45M | 6.14M | 1.33M | 8.33M | 1.64M | 164.59K | 53.00K | 138.18K |
Total current assets | 86.06M | 119.42M | 115.43M | 107.31M | 107.20M | 187.34M | 241.51M | 221.76M | 190.82M | 194.12M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 128.97M | 158.17M | 171.15M | 158.00M | 146.99M | 82.53M | 95.60M | 109.28M | 128.79M | 125.69M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 29.37M | 27.66M | 29.55M | 0 |
Intangible assets | 9.77M | 9.50M | 10.36M | 10.13M | 9.11M | 9.63M | 14.47M | 4.75M | 5.19M | 733.56K |
Long term investments | 0 | -9.50M | -10.36M | -10.13M | -9.11M | -91.92M | -109.59M | -113.48M | -135.43M | -127.51M |
Other non-current assets | 0 | 9.50M | 10.36M | 10.13M | 9.11M | 91.92M | 109.59M | 113.48M | 135.43M | 127.51M |
Total non-current assets | 140.60M | 173.00M | 194.42M | 186.72M | 172.04M | 111.20M | 145.98M | 143.92M | 165.92M | 128.85M |
Total assets | 226.67M | 292.43M | 309.85M | 294.03M | 279.25M | 298.54M | 387.49M | 365.69M | 356.74M | 322.98M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 42.70K | 9.50M | 0 | 0 | 0 | 1.18M | 442.50K | 4.34M | 4.81M | 3.54M |
Short term debt | 1.29M | 646.78K | 734.00K | 694.42K | 615.11K | 197.48K | 406.41K | 187.67K | 393.55K | 410.25K |
Total current liabilities | 12.58M | 11.77M | 13.88M | 7.10M | 6.30M | 2.62M | 3.66M | 13.94M | 16.07M | 8.08M |
| Non-current liabilities: | ||||||||||
Long term debt | 8.83M | 9.03M | 9.32M | 9.91M | 9.83M | 2.06M | 2.30M | 2.28M | 2.55M | 2.82M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 8.83M | 9.03M | 9.32M | 9.91M | 9.83M | 2.06M | 7.27M | 2.28M | 2.55M | 2.82M |
Total liabilities | 21.42M | 20.81M | 23.21M | 17.01M | 16.14M | 4.69M | 10.93M | 16.23M | 18.63M | 10.90M |
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