Hour Loop
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Hour Loop's balance sheet done over the years? Its assets were worth $19,550,280 last year, which is less than in the previous period. 77% of Hour Loop’s total assets is currently financed by debt. Its liabilities reached the amount of $15,097,383, which means an decrease by -20% compared compared to last year.
Debt to Assets
| 2019 | 4722351 | 4.36M | 92.48% |
|---|---|---|---|
| 2020 | 9847134 | 5.67M | 57.6% |
| 2021 | 18816991 | 16.16M | 85.89% |
| 2022 | 25731976 | 18.89M | 73.45% |
| 2023 | 19550280 | 15.09M | 77.22% |
HOUR Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 2.48M | 4.56M | 10.59M | 4.96M | 838.96K |
Short term investments | 0 | 0 | 0 | 0 | 0 |
Net receivables | 1.05M | 352.37K | 240.63K | 216.70K | 127.21K |
Inventory | 14.27M | 18.80M | 7.04M | 4.36M | 3.62M |
Other current assets | 281.24K | 741.24K | 4.16K | 201.02K | 24.00K |
Total current assets | 18.01M | 24.45M | 18.72M | 9.74M | 4.61M |
Non-current assets: | |||||
Property, Plant and Equipment | 232.73K | 724.91K | 45.77K | 99.45K | 109.71K |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | 0 | 0 | -99.45K | -109.71K |
Total non-current assets | 1.53M | 1.27M | 91.26K | 99.45K | 109.71K |
Total assets | 19.55M | 25.73M | 18.81M | 9.84M | 4.72M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 0 | -5.21M | 0 | 0 |
Short term debt | 734.69K | 1.03M | 5.21M | 78.48K | 202.69K |
Total current liabilities | 10.92M | 14.50M | 16.16M | 5.66M | 3.78M |
| Non-current liabilities: | |||||
Long term debt | 4.17M | 64.94K | 0 | 6.05K | 580.02K |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1 | 4.32M | 0 | -6.05K | 0 |
Total non-current liabilities | 4.17M | 4.39M | 0 | 6.05K | 580.02K |
Total liabilities | 15.09M | 18.89M | 16.16M | 5.67M | 4.36M |
| Data source | Data source | Data source |