Canada Rare Earth 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 Canada Rare Earth Corp.'s balance sheet done over the years? Its assets were worth $3,282,992 last year, which is more than in the previous period. 143% of Canada Rare Earth Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $4,703,720, which means an increase by 107% compared compared to last year.
Debt to Assets
| 2015 | 3735550 | 35.46K | 0.95% |
|---|---|---|---|
| 2016 | 2190495 | 26.04K | 1.19% |
| 2017 | 2194609 | 304.75K | 13.89% |
| 2018 | 1981667 | 2.75M | 139.21% |
| 2019 | 1108336 | 1.99M | 179.59% |
| 2020 | 1108336 | 1.99M | 179.59% |
| 2021 | 1519710 | 1.56M | 103.02% |
| 2022 | 603108 | 786.64K | 130.43% |
| 2023 | 2274797 | 2.26M | 99.73% |
| 2024 | 3282992 | 4.70M | 143.28% |
LL.V Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 489.59K | 220.63K | 33.83K | 204.27K | 514.22K | 514.22K | 1.50M | 45.59K | 323.47K | 52.61K |
Short term investments | -268.03K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 540K |
Net receivables | 365.55K | 574.16K | 5.36K | 197.77K | 352.40K | 352.40K | 17.19K | 83.83K | 17.93K | 133.08K |
Inventory | 1.35M | 453.11K | 250.27K | -125.12K | -36.32K | 1 | 0 | 0 | 0 | 1 |
Other current assets | 33.47K | 464.79K | 73.30K | 323.57K | 198.45K | 162.12K | 323.11K | 179.23K | 9.03K | 0 |
Total current assets | 1.96M | 1.25M | 362.78K | 600.49K | 1.02M | 1.02M | 1.84M | 308.66K | 350.43K | 725.70K |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 192.64K | 298.13K | 70.99K | 899.32K | 899.32K | 0 | 0 | 0 | 0 | 1.82M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 4.44K | 37.77K | 1 | 19.89K | 79.58K | 79.58K | 139.26K | 247.44K | 271.31K | 38.54K |
Long term investments | 910.06K | 679.29K | 169.33K | 169.33K | 2 | 2 | 2 | 1.67M | 1.60M | 1.14M |
Other non-current assets | 0 | 1 | 1 | 1 | -899.32K | -1 | -1 | -38.54K | -38.54K | 0 |
Total non-current assets | 1.10M | 1.01M | 240.32K | 919.22K | 79.58K | 79.58K | 139.26K | 1.88M | 1.84M | 3.00M |
Total assets | 3.28M | 2.27M | 603.10K | 1.51M | 1.10M | 1.10M | 1.98M | 2.19M | 2.19M | 3.73M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | -590.32K | -668.22K | -533.38K | 0 | 0 | 617.51K | -61.36K | 0 | 0 |
Short term debt | 664.54K | 1.07M | 3.26K | 36.83K | 1.11M | 1.11M | 410.43K | 160.91K | 0 | 0 |
Total current liabilities | 3.18M | 1.66M | 661.64K | 1.38M | 1.74M | 1.74M | 1.79M | 304.75K | 26.04K | 35.46K |
| Non-current liabilities: | ||||||||||
Long term debt | 639.68K | 166.36K | 224.35K | 3.26K | 3.26K | 0 | 516.62K | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 879.70K | 436.35K | -99.35K | 176K | 246.73K | 250K | 447.1K | 0 | 0 | 0 |
Total non-current liabilities | 1.51M | 602.72K | 125K | 179.26K | 250K | 250K | 963.72K | 0 | 0 | 0 |
Total liabilities | 4.70M | 2.26M | 786.64K | 1.56M | 1.99M | 1.99M | 2.75M | 304.75K | 26.04K | 35.46K |