LithiumBank Resources Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has LithiumBank Resources Corp.'s balance sheet done over the years? Its assets were worth $11,030,406 last year, which is more than in the previous period. 43% of LithiumBank Resources Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $4,711,593, which means an increase by 1505% compared compared to last year.
Debt to Assets
| 2020 | 863287 | 53.4K | 6.19% |
|---|---|---|---|
| 2021 | 10129211 | 376.82K | 3.72% |
| 2022 | 8233553 | 293.53K | 3.57% |
| 2023 | 11030406 | 4.71M | 42.71% |
LBNK.V Balance Sheet (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Assets | ||||
Current assets: | ||||
Cash and cash equivalents | 6.49M | 4.42M | 8.88M | 817.48K |
Short term investments | 28.75K | 28.75K | 0 | 0 |
Net receivables | 124.62K | 42.01K | 56.51K | 0 |
Inventory | 0 | 0 | 0 | 0 |
Other current assets | 4.34M | 181.06K | 121.89K | 25.80K |
Total current assets | 10.96M | 4.64M | 9.06M | 843.28K |
Non-current assets: | ||||
Property, Plant and Equipment | 67.21K | 3.58M | 1.06M | 0 |
Goodwill | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | 0 | 0 | 20K |
Total non-current assets | 67.21K | 3.58M | 1.06M | 20K |
Total assets | 11.03M | 8.23M | 10.12M | 863.28K |
Liabilities | ||||
| Current liabilities: | ||||
Accounts payable | ||||
Deferred revenue | 0 | 0 | 0 | 0 |
Short term debt | 600K | 0 | 0 | 0 |
Total current liabilities | 4.71M | 293.53K | 376.82K | 53.4K |
| Non-current liabilities: | ||||
Long term debt | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 |
Total non-current liabilities | 0 | 0 | 0 | 0 |
Total liabilities | 4.71M | 293.53K | 376.82K | 53.4K |