Lithium Ionic 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 Lithium Ionic Corp.'s balance sheet done over the years? Its assets were worth $13,200,190 last year, which is less than in the previous period. 38% of Lithium Ionic Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $5,021,534, which means an increase by 123% compared compared to last year.
Debt to Assets
| 2021 | 7833111 | 945.95K | 12.08% |
|---|---|---|---|
| 2022 | 32837543 | 2.25M | 6.87% |
| 2023 | 13200190 | 5.02M | 38.04% |
LTH.V Balance Sheet (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 11.16M | 21.49M | 7.78M |
Short term investments | 0 | 10M | 0 |
Net receivables | 336.15K | 572.15K | 43.42K |
Inventory | 0 | 0 | 0 |
Other current assets | 511.67K | 426.86K | 1K |
Total current assets | 12.01M | 32.49M | 7.83M |
Non-current assets: | |||
Property, Plant and Equipment | 1.18M | 345.74K | 0 |
Goodwill | 0 | 0 | 0 |
Intangible assets | 138.82K | 20 | 0 |
Long term investments | 0 | 0 | 0 |
Other non-current assets | -138.82K | -20 | 0 |
Total non-current assets | 1.18M | 345.74K | 0 |
Total assets | 13.20M | 32.83M | 7.83M |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | 0 | -758 | 0 |
Short term debt | 256.16K | 110.79K | 0 |
Total current liabilities | 4.78M | 2.11M | 945.95K |
| Non-current liabilities: | |||
Long term debt | 238.87K | 136.77K | 0 |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 0 | 2 | 0 |
Total non-current liabilities | 238.87K | 136.77K | 0 |
Total liabilities | 5.02M | 2.25M | 945.95K |