Magic Empire Global Limited
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Magic Empire Global Limited's balance sheet done over the years? Its assets were worth $138,257,174 last year, which is less than in the previous period. 3% of Magic Empire Global Limited’s total assets is currently financed by debt. Its liabilities reached the amount of $3,989,317, which means an increase by 273% compared compared to last year.
Debt to Assets
| 2019 | 25501412 | 1.76M | 6.93% |
|---|---|---|---|
| 2020 | 16340644 | 12.41M | 75.95% |
| 2021 | 25695066 | 52.29K | 0.2% |
| 2022 | 144106828 | 1.06M | 0.74% |
| 2023 | 138257174 | 3.98M | 2.89% |
MEGL Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 92.40M | 121.81M | 11.68M | 7.87M | 15.66M |
Short term investments | 0 | 0 | 0 | 0 | 0 |
Net receivables | 0 | 3.18M | 5.18M | 4.06M | 0 |
Inventory | 0 | -4.92M | 0 | 0 | 0 |
Other current assets | 0 | 1.73M | 0 | 0 | 0 |
Total current assets | 92.40M | 121.81M | 11.68M | 13.31M | 15.66M |
Non-current assets: | |||||
Property, Plant and Equipment | 3.35M | 3.55M | 5.51M | 3.02M | 6.36M |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 14.5M | 0 | 0 | 0 |
Other non-current assets | 38.64M | -14.5M | -391.82K | -3.02M | 3.46M |
Total non-current assets | 42.00M | 3.55M | 5.51M | 3.02M | 9.83M |
Total assets | 138.25M | 144.10M | 25.69M | 16.34M | 25.50M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 1.16M | 3.05M | 3.25M | 3.28M | 0 |
Short term debt | 1.74M | 1.90M | 1.81M | 2.38M | 0 |
Total current liabilities | 3.98M | 1.06M | 52.29K | 12.41M | 1.76M |
| Non-current liabilities: | |||||
Long term debt | 0 | 1.74M | 3.65M | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 3.98M | 1.74M | 3.65M | 0 | 0 |
Total liabilities | 3.98M | 1.06M | 52.29K | 12.41M | 1.76M |
| Data source | Data source |