Independence Gold Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Independence Gold Corp.'s balance sheet done over the years? Its assets were worth $8,469,631 last year, which is more than in the previous period. 10% of Independence Gold Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $866,292, which means an increase by 16% compared compared to last year.
Debt to Assets
| 2014 | 20767066 | 34.50K | 0.17% |
|---|---|---|---|
| 2015 | 17708331 | 103.06K | 0.58% |
| 2016 | 17406830 | 243.34K | 1.4% |
| 2017 | 15317535 | 309.35K | 2.02% |
| 2018 | 12962371 | 189.48K | 1.46% |
| 2019 | 12417644 | 1.05M | 8.46% |
| 2020 | 14399418 | 1.06M | 7.42% |
| 2021 | 7014259 | 787.76K | 11.23% |
| 2022 | 6459024 | 749.39K | 11.6% |
| 2023 | 8469631 | 866.29K | 10.23% |
IGO.V Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 3.58M | 1.57M | 1.96M | 2.81M | 721.66K | 1.91M | 1.55M | 1.91M | 1.56M | 2.18M |
Short term investments | 21.98K | 12.30K | 57.81K | 132.45K | 124.44K | 384.98K | 1.30M | 3.13M | 4.13M | 5.59M |
Net receivables | 76.00K | 20.01K | 75.32K | 97.23K | 53.91K | 15.51K | 343.64K | 308.25K | 93.20K | 32.72K |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 23.02K | 23.56K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21.03K |
Total current assets | 3.70M | 1.62M | 2.10M | 3.04M | 900.02K | 2.31M | 3.20M | 5.36M | 5.79M | 7.83M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 4.60M | 4.79M | 4.87M | 11.31M | 11.46M | 10.57M | 11.93M | 11.90M | 11.75M | 12.86M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 173.88K | 0 | 67K | 0 |
Other non-current assets | 154.74K | 39.27K | 39.27K | 39.28K | 55.18K | 70.68K | 0 | 140.13K | 87.43K | 67K |
Total non-current assets | 4.75M | 4.83M | 4.91M | 11.35M | 11.51M | 10.64M | 12.11M | 12.04M | 11.91M | 12.93M |
Total assets | 8.46M | 6.45M | 7.01M | 14.39M | 12.41M | 12.96M | 15.31M | 17.40M | 17.70M | 20.76M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 129.57K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 110.63K | 102.34K | 91.42K | 130.87K | 124.28K | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 556.15K | 328.61K | 277.92K | 398.29K | 269.73K | 189.48K | 309.35K | 243.34K | 103.06K | 34.50K |
| Non-current liabilities: | ||||||||||
Long term debt | 310.14K | 420.77K | 509.83K | 670.37K | 781.01K | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 310.14K | 420.77K | 509.83K | 670.37K | 781.01K | 0 | 0 | 0 | 0 | 0 |
Total liabilities | 866.29K | 749.39K | 787.76K | 1.06M | 1.05M | 189.48K | 309.35K | 243.34K | 103.06K | 34.50K |