Hitek Global
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Hitek Global's balance sheet done over the years? Its assets were worth $35,428,040 last year, which is more than in the previous period. 20% of Hitek Global’s total assets is currently financed by debt. Its liabilities reached the amount of $7,090,454, which means an decrease by -8% compared compared to last year.
Debt to Assets
| 2017 | 7136383 | 1.95M | 27.41% |
|---|---|---|---|
| 2018 | 9220162 | 2.18M | 23.68% |
| 2019 | 11485416 | 2.52M | 22.03% |
| 2020 | 14405059 | 3.23M | 22.48% |
| 2021 | 17140373 | 4.01M | 23.42% |
| 2022 | 21205091 | 7.67M | 36.21% |
| 2023 | 35428040 | 7.09M | 20.01% |
HKIT Balance Sheet (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 9.31M | 1.20M | 2.09M | 1.86M | 776.22K | 739.61K | 867.57K |
Short term investments | 8.83M | 4.29M | 5.19M | 2.82M | 1.96M | 2.09M | 1.77M |
Net receivables | 6.05M | 4.77M | 3.08M | 3.89M | 3.76M | 1.88M | 1.97M |
Inventory | 557.67K | 430.67K | 409.02K | 119.80K | 513.05K | 72.50K | 277.56K |
Other current assets | 24.77K | 1.40M | 2.18M | 2.07M | 1.00M | 944.55K | 1.98M |
Total current assets | 24.78M | 12.10M | 12.96M | 10.77M | 8.02M | 5.73M | 6.88M |
Non-current assets: | |||||||
Property, Plant and Equipment | 406.63K | 129.60K | 156.76K | 504.20K | 847.94K | 1.24M | 252.90K |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 9.82M | 8.55M | 3.68M | 2.82M | 2.61M | 0 | 0 |
Other non-current assets | 410.50K | 7.67M | 4.01M | 3.12M | 2.61M | 2.24M | 0 |
Total non-current assets | 10.64M | 9.10M | 4.17M | 3.62M | 3.46M | 3.48M | 252.90K |
Total assets | 35.42M | 21.20M | 17.14M | 14.40M | 11.48M | 9.22M | 7.13M |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | 171.37K | 977.05K | 784.53K | 752.28K | 763.19K | 795.34K | 877.60K |
Short term debt | 496.46K | 509.82K | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 3.37M | 4.20M | 2.78M | 2.38M | 1.96M | 1.92M | 1.95M |
| Non-current liabilities: | |||||||
Long term debt | 2.11M | 2.17M | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 3.47M | -1.22M | -857.36K | -563.65K | 0 | 0 |
Total non-current liabilities | 3.71M | 3.47M | 1.22M | 857.36K | 563.65K | 262.63K | 1.26M |
Total liabilities | 7.09M | 7.67M | 4.01M | 3.23M | 2.52M | 2.18M | 1.95M |
| Data source | Data source | Data source | Data source | Data source |