LAIX
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has LAIX's balance sheet done over the years? Its assets were worth $163,850,000 last year, which is less than in the previous period. 486% of LAIX’s total assets is currently financed by debt. Its liabilities reached the amount of $795,836,000, which means an decrease by -31% compared compared to last year.
Debt to Assets
| 2016 | 167213704 | 333.25M | 199.3% |
|---|---|---|---|
| 2017 | 494324694 | 290.40M | 58.75% |
| 2018 | 950383000 | 731.48M | 76.97% |
| 2019 | 919177000 | 1.24B | 135.34% |
| 2020 | 445747000 | 1.15B | 259.86% |
| 2021 | 163850000 | 795.83M | 485.71% |
LAIX Balance Sheet (2016 – 2021)
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | 63.38M | 137.99M | 281.16M | 344.72M | 416.48M | 41.30M |
Short term investments | 6.75M | 91.04M | 269.64M | 403.10M | 35.42M | 121.33M |
Net receivables | 27.95M | 27.43M | 56.13M | 93.1M | 20.96M | 1.06M |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 17.84M | 37.24M | 39.82M | 30.85M | 8.17M | 1.89M |
Total current assets | 115.94M | 293.72M | 646.77M | 871.78M | 481.04M | 165.59M |
Non-current assets: | ||||||
Property, Plant and Equipment | 24.30M | 112.56M | 227.16M | 47.24M | 11.77M | 1.61M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 6.03M | 15.56M | 15.54M | 0 | 0 | 0 |
Long term investments | 5.58M | 5.71M | 5.91M | 5.75M | 0 | 0 |
Other non-current assets | 12K | 4.64M | 8.44M | 8.65M | 1.49M | 0 |
Total non-current assets | 47.90M | 152.02M | 272.40M | 78.59M | 13.27M | 1.61M |
Total assets | 163.85M | 445.74M | 919.17M | 950.38M | 494.32M | 167.21M |
Liabilities | ||||||
| Current liabilities: | ||||||
Accounts payable | ||||||
Deferred revenue | 532.1M | 694.77M | 702.04M | 478.59M | 115.53M | 12.76M |
Short term debt | 9.88M | 31.84M | 37.00M | 7.18M | 15.76M | 3.04M |
Total current liabilities | 763.01M | 1.03B | 1.11B | 730.45M | 288.49M | 44.80M |
| Non-current liabilities: | ||||||
Long term debt | 226K | 56.90M | 117.12M | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 2.16M | 8.23M | 11.44M | 1M | 1M | 288.44M |
Total non-current liabilities | 32.82M | 124.42M | 129.56M | 1.03M | 1.90M | 288.44M |
Total liabilities | 795.83M | 1.15B | 1.24B | 731.48M | 290.40M | 333.25M |