KWESST Micro Systems
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has KWESST Micro Systems's balance sheet done over the years? Its assets were worth $11,758,832 last year, which is more than in the previous period. 67% of KWESST Micro Systems’s total assets is currently financed by debt. Its liabilities reached the amount of $7,823,212, which means an decrease by -6% compared compared to last year.
Debt to Assets
| 2020 | 5312777 | 1.42M | 26.88% |
|---|---|---|---|
| 2021 | 8717846 | 2.59M | 29.76% |
| 2022 | 7323463 | 8.32M | 113.69% |
| 2023 | 11758832 | 7.82M | 66.53% |
KWE Balance Sheet (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Assets | ||||
Current assets: | ||||
Cash and cash equivalents | 5.40M | 170.54K | 2.68M | 3.07M |
Short term investments | 1.03M | 30K | 30K | 0 |
Net receivables | 73.74K | 171.88K | 699.25K | 480.91K |
Inventory | 542.38K | 393.53K | 90.29K | 0 |
Other current assets | 818.93K | 122.16K | 578.04K | 441.83K |
Total current assets | 6.84M | 1.51M | 4.05M | 3.99M |
Non-current assets: | ||||
Property, Plant and Equipment | 778.33K | 1.04M | 1.16M | 502.22K |
Goodwill | 2.16K | 0 | 0 | 0 |
Intangible assets | 4.11M | 4.74M | 3.47M | 0 |
Long term investments | 0 | 0 | 0 | 0 |
Other non-current assets | 23.91K | 23.60K | 21.36K | 814.04K |
Total non-current assets | 4.91M | 5.80M | 4.66M | 1.31M |
Total assets | 11.75M | 7.32M | 8.71M | 5.31M |
Liabilities | ||||
| Current liabilities: | ||||
Accounts payable | ||||
Deferred revenue | 0 | 47.27K | 0 | 7.05K |
Short term debt | 127.11K | 2.26M | 32.28K | 286.22K |
Total current liabilities | 6.38M | 6.92M | 1.15M | 1.12M |
| Non-current liabilities: | ||||
Long term debt | 302.40K | 285.26K | 328.87K | 0 |
Deferred tax | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.13M | 1.11M | 1.10M | 0 |
Total non-current liabilities | 1.43M | 1.40M | 1.43M | 307.90K |
Total liabilities | 7.82M | 8.32M | 2.59M | 1.42M |
| Data source | Data source |