Metal Energy 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 Metal Energy Corp.'s balance sheet done over the years? Its assets were worth $1,843,225 last year, which is less than in the previous period. 5% of Metal Energy Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $84,173, which means an decrease by -89% compared compared to last year.

Debt to Assets

Metal Energy Corp. (TSX:MERG.V): Debt to assets
2021 7068225 723.49K 10.24%
2022 3163051 754.17K 23.84%
2023 1843225 84.17K 4.57%

MERG.V Balance Sheet (2021 – 2023)

2023 2022 2021
Assets
Current assets:
Cash and cash equivalents
1.73M2.77M7.01M
Short term investments
000
Net receivables
0362.39K53.87K
Inventory
00-17.47K
Other current assets
49.58K23.17K17.47K
Total current assets
1.84M3.16M7.06M
Non-current assets:
Property, Plant and Equipment
000
Goodwill
000
Intangible assets
000
Long term investments
000
Other non-current assets
000
Total non-current assets
000
Total assets
1.84M3.16M7.06M
Liabilities
Current liabilities:
Accounts payable
Deferred revenue
000
Short term debt
000
Total current liabilities
84.17K728.16K723.49K
Non-current liabilities:
Long term debt
000
Deferred tax
000
Other non-current liabilities
000
Total non-current liabilities
026.01K0
Total liabilities
84.17K754.17K723.49K