The Lovesac Company
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has The Lovesac Company's balance sheet done over the years? Its assets were worth $482,180,000 last year, which is more than in the previous period. 55% of The Lovesac Company’s total assets is currently financed by debt. Its liabilities reached the amount of $264,684,000, which means an increase by 18% compared compared to last year.
Debt to Assets
| 2016 | 17819423 | 15.18M | 85.23% |
|---|---|---|---|
| 2017 | 20720020 | 13.67M | 65.98% |
| 2018 | 41440935 | 17.80M | 42.96% |
| 2019 | 105014305 | 26.24M | 24.99% |
| 2020 | 125663767 | 35.50M | 28.26% |
| 2021 | 171018871 | 63.07M | 36.88% |
| 2022 | 371579000 | 215.35M | 57.96% |
| 2023 | 418054000 | 224.79M | 53.77% |
| 2024 | 482180000 | 264.68M | 54.89% |
LOVE Balance Sheet (2016 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||
Current assets: | |||||||||
Cash and cash equivalents | 87.03M | 43.53M | 92.39M | 78.34M | 48.53M | 49.07M | 9.17M | 878.69K | 208.83K |
Short term investments | 0 | 662K | 421K | 997K | 892.61K | 0 | 0 | 350K | 0 |
Net receivables | 13.46M | 9.10M | 8.54M | 4.51M | 7.18M | 3.95M | 2.80M | 1.00M | 1.18M |
Inventory | 98.44M | 119.96M | 108.49M | 50.41M | 36.39M | 26.15M | 11.64M | 9.43M | 8.38M |
Other current assets | 15.50M | 11.16M | 1.32M | 10.12M | 8.79M | 5.93M | 1.57M | 1.89M | 904.76K |
Total current assets | 214.44M | 194.04M | 225.15M | 143.39M | 100.91M | 85.11M | 29.68M | 13.21M | 12.37M |
Non-current assets: | |||||||||
Property, Plant and Equipment | 226.66M | 191.17M | 135.02M | 25.86M | 23.10M | 18.59M | 11.03M | 6.59M | 4.74M |
Goodwill | 144K | 144K | 144K | 143.56K | 143.56K | 143.56K | 143.56K | 143.56K | 143.56K |
Intangible assets | 1.45M | 1.41M | 1.41M | 1.51M | 1.35M | 942.33K | 526.37K | 571.81K | 548.26K |
Long term investments | 0 | 0 | -1.04M | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 28.66M | 21.86M | 1.04M | 90.67K | 146.04K | 219.07K | 48.14K | 192.65K | 12.84K |
Total non-current assets | 267.73M | 224.01M | 146.42M | 27.61M | 24.74M | 19.90M | 11.75M | 7.50M | 5.44M |
Total assets | 482.18M | 418.05M | 371.57M | 171.01M | 125.66M | 105.01M | 41.44M | 20.72M | 17.81M |
Liabilities | |||||||||
| Current liabilities: | |||||||||
Accounts payable | |||||||||
Deferred revenue | 8.25M | 6.76M | 13.31M | 5.99M | 1.65M | 1.05M | 909.23K | 695.39K | 1.01M |
Short term debt | 35.25M | 13.07M | 16.38M | 0 | 0 | 750.92K | 405 | 194.53K | 675.91K |
Total current liabilities | 106.35M | 88.83M | 118.77M | 56.32M | 32.40M | 24.61M | 16.73M | 9.86M | 11.52M |
| Non-current liabilities: | |||||||||
Long term debt | 157.87M | 133.49M | 96.57M | 0 | 0 | 31.37K | 0 | 3.09M | 3.17M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 452K | 0 | -29.15M | 6.74M | 3.10M | 1.59M | 1.06M | 703.64K | 487.10K |
Total non-current liabilities | 158.32M | 135.95M | 96.57M | 6.74M | 3.10M | 1.62M | 1.06M | 3.80M | 3.66M |
Total liabilities | 264.68M | 224.79M | 215.35M | 63.07M | 35.50M | 26.24M | 17.80M | 13.67M | 15.18M |
| Data source | Data source | Data source | Data source | Data source | Data source |