GSE Systems
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has GSE Systems's balance sheet done over the years? Its assets were worth $22,805,000 last year, which is less than in the previous period. 77% of GSE Systems’s total assets is currently financed by debt. Its liabilities reached the amount of $17,463,000, which means an increase by 7% compared compared to last year.
Debt to Assets
| 2014 | 45999000 | 22.25M | 48.39% |
|---|---|---|---|
| 2015 | 39371000 | 21.00M | 53.35% |
| 2016 | 53617000 | 32.53M | 60.67% |
| 2017 | 56855000 | 27.18M | 47.81% |
| 2018 | 61440000 | 30.31M | 49.33% |
| 2019 | 65677000 | 38.39M | 58.45% |
| 2020 | 38909000 | 28.40M | 73% |
| 2021 | 39051000 | 16.00M | 40.99% |
| 2022 | 26496000 | 16.26M | 61.39% |
| 2023 | 22805000 | 17.46M | 76.58% |
GVP Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 2.25M | 2.78M | 3.55M | 6.70M | 11.69M | 12.12M | 19.11M | 21.74M | 11.08M | 13.58M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 57K | 115K | 0 |
Net receivables | 10.20M | 10.06M | 11.25M | 10.63M | 17.44M | 21.38M | 14.41M | 19.30M | 13.47M | 16.36M |
Inventory | 0 | 1.05M | 1 | 602K | 862K | 139K | 755K | -39.91M | -22.79M | -29.33M |
Other current assets | 1.21M | 2.16M | 5.26M | 535K | 782K | 35M | 2.58M | 42.63M | 3.84M | 2.07M |
Total current assets | 13.67M | 16.07M | 20.06M | 18.46M | 30.77M | 35M | 36.86M | 43.77M | 28.41M | 31.72M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.16M | 1.27M | 2.03M | 2.17M | 3.15M | 1.06M | 1.06M | 1.23M | 1.59M | 1.82M |
Goodwill | 4.90M | 6.29M | 13.33M | 13.33M | 13.33M | 13.17M | 8.43M | 5.61M | 5.61M | 5.61M |
Intangible assets | 1.92M | 2.26M | 3.55M | 4.86M | 11.12M | 6.69M | 3.29M | 1.43M | 1.92M | 2.69M |
Long term investments | 0 | 535K | 0 | -1.63M | 7.16M | 0 | 0 | 0 | 1.77M | 0 |
Other non-current assets | 1.12M | 588K | 52K | 59K | 61K | 49K | 37K | 1.56M | 1.82M | 4.13M |
Total non-current assets | 9.13M | 10.42M | 18.98M | 20.44M | 34.89M | 26.44M | 19.99M | 9.84M | 10.95M | 14.27M |
Total assets | 22.80M | 26.49M | 39.05M | 38.90M | 65.67M | 61.44M | 56.85M | 53.61M | 39.37M | 45.99M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 5.11M | 4.16M | 5.02M | 5.28M | 7.61M | 10.60M | 14.54M | 21.44M | 9.22M | 8.68M |
Short term debt | 1.04M | 3.03M | 1.81M | 8.04M | 19.63M | 1.90M | 0 | 6.54M | 0 | 339K |
Total current liabilities | 16.34M | 15.65M | 15.03M | 21.2M | 26.95M | 22.33M | 25.25M | 31.73M | 19.70M | 20.27M |
| Non-current liabilities: | ||||||||||
Long term debt | 994K | 470K | 790K | 6.86M | 3M | 6.61M | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 126K | 144K | 179K | 339K | 8.43M | 1.37M | 1.25M | 801K | 1.29M | 1.98M |
Total non-current liabilities | 1.12M | 614K | 969K | 7.20M | 11.43M | 7.98M | 1.93M | 801K | 1.29M | 1.98M |
Total liabilities | 17.46M | 16.26M | 16.00M | 28.40M | 38.39M | 30.31M | 27.18M | 32.53M | 21.00M | 22.25M |
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