Montrose Environmental Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Montrose Environmental Group's balance sheet done over the years? Its assets were worth $816,786,000 last year, which is more than in the previous period. 42% of Montrose Environmental Group’s total assets is currently financed by debt. Its liabilities reached the amount of $342,606,000, which means an increase by 5% compared compared to last year.
Debt to Assets
| 2018 | 234371000 | 118.26M | 50.46% |
|---|---|---|---|
| 2019 | 331838000 | 229.30M | 69.1% |
| 2020 | 602726000 | 312.65M | 51.87% |
| 2021 | 833094000 | 363.66M | 43.65% |
| 2022 | 791914000 | 325.79M | 41.14% |
| 2023 | 816786000 | 342.60M | 41.95% |
MEG Balance Sheet (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | 23.24M | 89.82M | 146.25M | 34.38M | 6.41M | 2.48M |
Short term investments | 0 | 1.39M | 843K | 708K | 605K | 0 |
Net receivables | 164.01M | 147.80M | 139.16M | 92.67M | 60.73M | 48.91M |
Inventory | 3.81M | 3.63M | 2.43M | 2.49M | 2.36M | 745K |
Other current assets | 8.13M | 10.29M | 6.00M | 4.71M | 3.60M | 154K |
Total current assets | 200.92M | 247.92M | 293.85M | 134.26M | 73.23M | 53.99M |
Non-current assets: | ||||||
Property, Plant and Equipment | 102.33M | 71.92M | 63.99M | 34.39M | 27.03M | 20.79M |
Goodwill | 364.44M | 323.86M | 311.94M | 274.66M | 127.05M | 90.49M |
Intangible assets | 140.81M | 142.10M | 160.99M | 154.85M | 102.54M | 68.56M |
Long term investments | 3.46M | 6.04M | -11.52M | -6.30M | -6.43M | 0 |
Other non-current assets | 4.80M | -18.06M | 2.29M | 4.53M | 1.95M | 519K |
Total non-current assets | 615.86M | 543.98M | 539.23M | 468.45M | 258.59M | 180.37M |
Total assets | 816.78M | 791.91M | 833.09M | 602.72M | 331.83M | 234.37M |
Liabilities | ||||||
| Current liabilities: | ||||||
Accounts payable | ||||||
Deferred revenue | 8.13M | 18.54M | 27.90M | 6.11M | 3.31M | 2.39M |
Short term debt | 42.03M | 23.70M | 21.33M | 5.58M | 7.14M | 2.26M |
Total current liabilities | 126.28M | 111.44M | 147.69M | 111.54M | 73.25M | 42.36M |
| Non-current liabilities: | ||||||
Long term debt | 182.22M | 178.41M | 184.43M | 170.32M | 145.04M | 70.96M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 28.03M | 30.19M | 4.45M | 7.08M | 379K | 67K |
Total non-current liabilities | 216.31M | 214.35M | 215.97M | 201.11M | 156.05M | 75.9M |
Total liabilities | 342.60M | 325.79M | 363.66M | 312.65M | 229.30M | 118.26M |
| Data source | Data source | Data source | Data source |