Globavend Holdings 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 Globavend Holdings Limited's balance sheet done over the years? Its assets were worth $4,474,778 last year, which is more than in the previous period. 89% of Globavend Holdings Limited’s total assets is currently financed by debt. Its liabilities reached the amount of $3,972,602, which means an increase by 145% compared compared to last year.
Debt to Assets
| 2021 | 2709529 | 1.14M | 42.43% |
|---|---|---|---|
| 2022 | 2520508 | 1.62M | 64.33% |
| 2023 | 4474778 | 3.97M | 88.78% |
GVH Balance Sheet (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 554.13K | 557.73K | 1.02M |
Short term investments | 0 | 0 | 0 |
Net receivables | 1.97M | 1.54M | 1.41M |
Inventory | 0 | 0 | 0 |
Other current assets | 1.49M | 0 | 0 |
Total current assets | 4.02M | 2.11M | 2.46M |
Non-current assets: | |||
Property, Plant and Equipment | 133.15K | 83.96K | 79.45K |
Goodwill | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 |
Long term investments | 8.47K | 0 | 0 |
Other non-current assets | 312.04K | 320.51K | 166.66K |
Total non-current assets | 453.66K | 404.48K | 246.12K |
Total assets | 4.47M | 2.52M | 2.70M |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | 0 | 0 | 24.15K |
Short term debt | 39.88K | 64.62K | 38.26K |
Total current liabilities | 3.89M | 1.61M | 1.11M |
| Non-current liabilities: | |||
Long term debt | 80.23K | 4.83K | 36.05K |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 |
Total non-current liabilities | 80.23K | 4.83K | 36.05K |
Total liabilities | 3.97M | 1.62M | 1.14M |