Inrad Optics
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Inrad Optics's balance sheet done over the years? Its assets were worth $11,707,676 last year, which is more than in the previous period. 44% of Inrad Optics’s total assets is currently financed by debt. Its liabilities reached the amount of $5,159,606, which means an decrease by -5% compared compared to last year.
Debt to Assets
| 2014 | 7396415 | 4.40M | 59.5% |
|---|---|---|---|
| 2015 | 7074989 | 4.45M | 62.94% |
| 2016 | 6734632 | 4.55M | 67.6% |
| 2017 | 6542505 | 4.85M | 74.24% |
| 2018 | 6932425 | 4.36M | 62.97% |
| 2019 | 7135246 | 5.11M | 71.73% |
| 2020 | 7028091 | 5.67M | 80.72% |
| 2021 | 7271951 | 3.94M | 54.31% |
| 2022 | 9098939 | 5.43M | 59.69% |
| 2023 | 11707676 | 5.15M | 44.07% |
INRD Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 2.97M | 2.00M | 1.80M | 1.12M | 950.70K | 1.18M | 799.95K | 973.33K | 673.68K | 1.00M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 1.59M | 1.38M | 1.28M | 824.45K | 1.23M | 1.29M | 1.03M | 1.20M | 1.34M | 1.12M |
Inventory | 3.14M | 2.82M | 2.52M | 3.20M | 2.83M | 3.01M | 3.19M | 2.73M | 2.99M | 2.68M |
Other current assets | 665.26K | 309.28K | 260.11K | 214.74K | 141.33K | 180.89K | 127.9K | 143.97K | 143.29K | 142.57K |
Total current assets | 8.37M | 6.52M | 5.87M | 5.37M | 5.15M | 5.67M | 5.15M | 5.06M | 5.15M | 4.95M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 2.30M | 1.98M | 808.72K | 1.04M | 1.36M | 627K | 712.78K | 877.17K | 1.12M | 1.56M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 32K | 70.21K | 151.40K | 201.63K | 280.19K |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 26.99K | 588.90K | 588.90K | 610.33K | 606.48K | 594.36K | 601.24K | 643.98K | 586.42K | 588.58K |
Total non-current assets | 3.32M | 2.56M | 1.39M | 1.65M | 1.97M | 1.25M | 1.38M | 1.67M | 1.91M | 2.43M |
Total assets | 11.70M | 9.09M | 7.27M | 7.02M | 7.13M | 6.93M | 6.54M | 6.73M | 7.07M | 7.39M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 1.06M | 1.06M | 576.47K | 856.80K | 768.24K | 772.92K | 869.67K | 599.34K | 368.06K | 170.16K |
Short term debt | 380.98K | 363.49K | 157.93K | 321.13K | 289.41K | 12.96K | 12.48K | 107.80K | 170.5K | 164.1K |
Total current liabilities | 2.28M | 2.16M | 1.28M | 1.89M | 2.03M | 1.62M | 2.09M | 1.78M | 1.57M | 1.35M |
| Non-current liabilities: | ||||||||||
Long term debt | 2.74M | 3.26M | 2.66M | 3.77M | 3.08M | 2.74M | 2.75M | 2.77M | 2.87M | 3.04M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 133.91K | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 2.87M | 3.26M | 2.66M | 3.77M | 3.08M | 2.74M | 2.75M | 2.77M | 2.87M | 3.04M |
Total liabilities | 5.15M | 5.43M | 3.94M | 5.67M | 5.11M | 4.36M | 4.85M | 4.55M | 4.45M | 4.40M |
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