MDwerks
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has MDwerks's balance sheet done over the years? Its assets were worth $3,233,068 last year, which is more than in the previous period. 64% of MDwerks’s total assets is currently financed by debt. Its liabilities reached the amount of $2,072,851, which means an increase by 1518% compared compared to last year.
Debt to Assets
| 2019 | 0 | 261.87K | Infinity% |
|---|---|---|---|
| 2020 | 0 | 275.59K | Infinity% |
| 2021 | 2187770 | 230.79K | 10.55% |
| 2022 | 23715 | 128.07K | 540.06% |
| 2023 | 3233068 | 2.07M | 64.11% |
MDWK Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 115.11K | 23.71K | 1.01M | 0 | 0 |
Short term investments | 0 | 0 | 0 | 0 | 0 |
Net receivables | 204.26K | 145.09K | 330.7K | 0 | 0 |
Inventory | 201.20K | 376.73K | 382.98K | 0 | 0 |
Other current assets | 28.63K | 35.71K | 36.49K | 0 | 0 |
Total current assets | 549.21K | 23.71K | 1.76M | 0 | 0 |
Non-current assets: | |||||
Property, Plant and Equipment | 1.60M | 230.71K | 422.33K | 0 | 0 |
Goodwill | 466.64K | 0 | 0 | 0 | 0 |
Intangible assets | 615.16K | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | 0 | 0 | 0 | 0 |
Total non-current assets | 2.68M | 230.71K | 422.33K | 0 | 0 |
Total assets | 3.23M | 23.71K | 2.18M | 0 | 0 |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 52.77K | 104.20K | 0 | -65.59K | 0 |
Short term debt | 345.57K | 104.20K | 210K | 210K | 210K |
Total current liabilities | 1.06M | 128.07K | 230.79K | 275.59K | 261.87K |
| Non-current liabilities: | |||||
Long term debt | 1.00M | 0 | 126.95K | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 232.27K | 0 | 0 | 0 |
Total non-current liabilities | 1.00M | 232.27K | 126.95K | 0 | 0 |
Total liabilities | 2.07M | 128.07K | 230.79K | 275.59K | 261.87K |
| Data source | Data source | Data source |