iSpecimen
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has iSpecimen's balance sheet done over the years? Its assets were worth $15,819,137 last year, which is less than in the previous period. 38% of iSpecimen’s total assets is currently financed by debt. Its liabilities reached the amount of $6,078,060, which means an increase by 41% compared compared to last year.
Debt to Assets
| 2018 | 4044626 | 22.46M | 555.51% |
|---|---|---|---|
| 2019 | 4214588 | 26.93M | 639.05% |
| 2020 | 6209696 | 33.48M | 539.28% |
| 2021 | 35719598 | 5.92M | 16.6% |
| 2022 | 24617653 | 4.30M | 17.5% |
| 2023 | 15819137 | 6.07M | 38.42% |
ISPC Balance Sheet (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | 2.34M | 15.30M | 27.73M | 695.90K | 53.89K | 1.13M |
Short term investments | 2.66M | 0 | 0 | 0 | 0 | 0 |
Net receivables | 2.94M | 4.06M | 4.88M | 2.35M | 1.39M | 1.02M |
Inventory | 0 | 1 | -3.00M | 0 | 54.90K | 47.28K |
Other current assets | 292.07K | 300.43K | 3.32M | 417.92K | 79.22K | 100.01K |
Total current assets | 8.23M | 19.67M | 32.94M | 3.47M | 1.58M | 2.30M |
Non-current assets: | ||||||
Property, Plant and Equipment | 321.64K | 410.54K | 32.78K | 75.58K | 119.92K | 149.09K |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 7.23M | 4.50M | 2.71M | 2.63M | 2.30M | 1.43M |
Long term investments | 0 | 0 | 0 | 0 | 179.52K | 0 |
Other non-current assets | 27.60K | 27.60K | 27.60K | 27.60K | 207.12K | 154.60K |
Total non-current assets | 7.58M | 4.94M | 2.77M | 2.73M | 2.63M | 1.74M |
Total assets | 15.81M | 24.61M | 35.71M | 6.20M | 4.21M | 4.04M |
Liabilities | ||||||
| Current liabilities: | ||||||
Accounts payable | ||||||
Deferred revenue | 415.77K | 132.33K | 654.74K | 873.25K | 2.21M | 864.91K |
Short term debt | 334.22K | 158.45K | 0 | 12.58M | 10.59M | 6.96M |
Total current liabilities | 6.04M | 4.28M | 2.50M | 22.13M | 15.76M | 11.29M |
| Non-current liabilities: | ||||||
Long term debt | 29.13K | 27.39K | 3.42M | 178.89K | 11.17M | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | -3.42M | 11.17M | 0 | 11.17M |
Total non-current liabilities | 29.13K | 27.39K | 3.42M | 11.35M | 11.17M | 11.17M |
Total liabilities | 6.07M | 4.30M | 5.92M | 33.48M | 26.93M | 22.46M |
| Data source | Data source | Data source |