Midland Exploration
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Midland Exploration's balance sheet done over the years? Its assets were worth $41,220,324 last year, which is less than in the previous period. 4% of Midland Exploration’s total assets is currently financed by debt. Its liabilities reached the amount of $1,698,330, which means an decrease by -10% compared compared to last year.
Debt to Assets
| 2015 | 24407655 | 811.52K | 3.32% |
|---|---|---|---|
| 2016 | 24456678 | 661.53K | 2.7% |
| 2017 | 26477605 | 819.1K | 3.09% |
| 2018 | 29736269 | 625.72K | 2.1% |
| 2019 | 38615831 | 1.05M | 2.74% |
| 2020 | 38893801 | 1.38M | 3.57% |
| 2021 | 39915196 | 1.57M | 3.94% |
| 2022 | 39216081 | 921.93K | 2.35% |
| 2023 | 41663069 | 1.88M | 4.52% |
| 2024 | 41220324 | 1.69M | 4.12% |
MD.V Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.59M | 2.45M | 1.89M | 1.49M | 1.30M | 349.38K | 2.75M | 4.62M | 1.46M | 5.86M |
Short term investments | 3.19M | 2.50M | 4.51M | 5.94M | 9.71M | 12.49M | 6.55M | 6.50M | 8.72M | 4.53M |
Net receivables | 409.62K | 615.89K | 339.35K | 1.50M | 1.18M | 2.15M | 1.24M | 1.30M | 1.11M | 356.71K |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 105.56K | 102.15K | 54.86K | 60.18K | 41.76K | 82.58K | 0 | 56.67K | 0 | 55.18K |
Total current assets | 5.29M | 5.67M | 6.80M | 8.99M | 12.25M | 15.07M | 10.63M | 12.49M | 11.36M | 10.81M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 35.21M | 35.04M | 32.31M | 30.74M | 26.43M | 23.47M | 17.76M | 13.82M | 9.54M | 7.10M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 705.7K | 944.13K | 40.95K | 170.57K | 210.06K | 70K | 1.24M | 33K | 3.07M | 6.49M |
Other non-current assets | 0 | 0 | 50K | 0 | 0 | 0 | 90.27K | 117.62K | 460.12K | 0 |
Total non-current assets | 35.92M | 35.98M | 32.41M | 30.91M | 26.64M | 23.54M | 19.09M | 13.97M | 13.08M | 13.59M |
Total assets | 41.22M | 41.66M | 39.21M | 39.91M | 38.89M | 38.61M | 29.73M | 26.47M | 24.45M | 24.40M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 1.08M | 719.99K | 434.13K | 209.99K | 337.57K | 10.39K | 0 | 341.26K | 15.03K | 141.17K |
Short term debt | 16.61K | 34.49K | 31.30K | 28.34K | 25.60K | -1.04M | 0 | 0 | 0 | 0 |
Total current liabilities | 1.69M | 1.86M | 870.82K | 1.49M | 1.27M | 1.05M | 625.72K | 819.1K | 661.53K | 811.52K |
| Non-current liabilities: | ||||||||||
Long term debt | 0 | 16.61K | 51.10K | 82.40K | 110.54K | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 0 | 16.61K | 51.10K | 82.40K | 110.54K | 0 | 0 | 0 | 0 | 0 |
Total liabilities | 1.69M | 1.88M | 921.93K | 1.57M | 1.38M | 1.05M | 625.72K | 819.1K | 661.53K | 811.52K |