Midwest Energy Emissions 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 Midwest Energy Emissions Corp.'s balance sheet done over the years? Its assets were worth $27,467,593 last year, which is more than in the previous period. 103% of Midwest Energy Emissions Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $28,250,490, which means an increase by 69% compared compared to last year.
Debt to Assets
| 2014 | 17324581 | 21.90M | 126.46% |
|---|---|---|---|
| 2015 | 7315369 | 20.26M | 276.96% |
| 2016 | 15877722 | 20.84M | 131.31% |
| 2017 | 12056082 | 16.48M | 136.7% |
| 2018 | 8038867 | 16.65M | 207.24% |
| 2019 | 9273238 | 18.14M | 195.69% |
| 2020 | 7376365 | 20.57M | 279% |
| 2021 | 8134783 | 17.37M | 213.58% |
| 2022 | 9340283 | 16.75M | 179.41% |
| 2023 | 27467593 | 28.25M | 102.85% |
MEEC Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 20.93M | 1.50M | 1.38M | 591.01K | 1.49M | 584.87K | 2.41M | 7.75M | 1.08M | 7.21M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 2.23M | 2.77M | 1.08M | 1.11M | 1.22M | 1.64M | 2.93M | 3.55M | 1.15M | 410.95K |
Inventory | 795.16K | 991.13K | 1.07M | 560.12K | 513.49K | 509.41K | 659.57K | 609.07K | 2.71M | 5.78M |
Other current assets | 183.62K | 267.39K | 242.00K | 107.44K | 316.19K | 34.46K | 348.40K | 199.49K | 161.81K | 140.55K |
Total current assets | 24.15M | 5.54M | 3.79M | 2.37M | 3.55M | 2.90M | 6.21M | 12.11M | 5.11M | 13.54M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.60M | 1.88M | 2.21M | 2.68M | 3.18M | 2.39M | 2.72M | 2.56M | 1.24M | 255.33K |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 1.70M | 1.90M | 2.11M | 2.31M | 2.53M | 2.73M | 3.10M | 52.94K | 58.82K | 64.70K |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 5.17K | 10.17K | 10.17K | -5.00M | -5.72M | 0 | 0 | 642.20K | 901.48K | 3.45M |
Total non-current assets | 3.31M | 3.79M | 4.34M | 5.00M | 5.72M | 5.13M | 5.83M | 3.76M | 2.20M | 3.77M |
Total assets | 27.46M | 9.34M | 8.13M | 7.37M | 9.27M | 8.03M | 12.05M | 15.87M | 7.31M | 17.32M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 446.75K | 167K | 167K | 167K | 167K | 167K | 517.06K | 590.20K | 2.28M | 5.80M |
Short term debt | 11.15K | 43.26K | 12.48M | 471.89K | 1.42M | 63.42K | 4.02M | 1.53M | 2.51M | 3.08M |
Total current liabilities | 2.18M | 3.22M | 15.48M | 3.35M | 3.85M | 2.74M | 6.57M | 6.49M | 6.95M | 11.24M |
| Non-current liabilities: | ||||||||||
Long term debt | 11.21M | 9.89M | 54.55K | 14.91M | 11.96M | 13.91M | 9.90M | 12.96M | 3.26M | 2.43M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 14.84M | 3.63M | 1.83M | 2.30M | 2.32M | 0 | 0 | 1.39M | 10.04M | 8.22M |
Total non-current liabilities | 26.06M | 13.53M | 1.89M | 17.22M | 14.29M | 13.91M | 9.90M | 14.35M | 13.30M | 10.65M |
Total liabilities | 28.25M | 16.75M | 17.37M | 20.57M | 18.14M | 16.65M | 16.48M | 20.84M | 20.26M | 21.90M |
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