KORE Group Holdings
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has KORE Group Holdings's balance sheet done over the years? Its assets were worth $586,984,000 last year, which is less than in the previous period. 94% of KORE Group Holdings’s total assets is currently financed by debt. Its liabilities reached the amount of $550,011,000, which means an increase by 8% compared compared to last year.
Debt to Assets
| 2019 | 724846000 | 408.61M | 56.37% |
|---|---|---|---|
| 2020 | 700019000 | 679.80M | 97.11% |
| 2021 | 759602000 | 487.45M | 64.17% |
| 2022 | 689912000 | 508.46M | 73.7% |
| 2023 | 586984000 | 550.01M | 93.7% |
KORE Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 27.13M | 34.64M | 85.97M | 10.32M | 8.29M |
Short term investments | 0 | 0 | 0 | 0 | 0 |
Net receivables | 54.52M | 45.04M | 52.25M | 40.66M | 34.80M |
Inventory | 8.21M | 10.05M | 15.47M | 5.84M | 2.71M |
Other current assets | 12.10M | 13.48M | 7.44M | 5.42M | 3.33M |
Total current assets | 101.98M | 103.22M | 161.15M | 62.25M | 49.13M |
Non-current assets: | |||||
Property, Plant and Equipment | 20.32M | 21.91M | 12.24M | 13.70M | 15.31M |
Goodwill | 294.97M | 370.88M | 381.96M | 382.74M | 382.24M |
Intangible assets | 167.58M | 192.50M | 203.47M | 240.20M | 276.90M |
Long term investments | 0 | 362K | 367K | 372K | 0 |
Other non-current assets | 2.11M | 971K | 774K | 611K | 1.24M |
Total non-current assets | 484.99M | 586.69M | 598.45M | 637.76M | 675.70M |
Total assets | 586.98M | 689.91M | 759.60M | 700.01M | 724.84M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 9.04M | 7.81M | 6.88M | 7.77M | 0 |
Short term debt | 3.96M | 7.15M | 3.51M | 4.01M | 11.54M |
Total current liabilities | 74.49M | 48.80M | 48.18M | 52.22M | 46.63M |
| Non-current liabilities: | |||||
Long term debt | 447.17M | 423.18M | 399.37M | 298.91M | 301.69M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 28.34M | 10.82M | 2.88M | 4.37M | 60.29M |
Total non-current liabilities | 475.51M | 459.65M | 439.27M | 627.58M | 361.98M |
Total liabilities | 550.01M | 508.46M | 487.45M | 679.80M | 408.61M |
| Data source | Data source | Data source |