Western Magnesium
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Western Magnesium's balance sheet done over the years? Its assets were worth $4,513,512 last year, which is more than in the previous period. 250% of Western Magnesium’s total assets is currently financed by debt. Its liabilities reached the amount of $11,283,550, which means an increase by 305% compared compared to last year.
Debt to Assets
| 2012 | 3732393 | 431.42K | 11.56% |
|---|---|---|---|
| 2013 | 2732877 | 1.13M | 41.43% |
| 2014 | 1973635 | 1.17M | 59.32% |
| 2015 | 1086807 | 872.86K | 80.31% |
| 2016 | 1157266 | 1.19M | 103.1% |
| 2017 | 1556678 | 1.10M | 70.73% |
| 2018 | 1315131 | 840.19K | 63.89% |
| 2019 | 1339806 | 1.58M | 118% |
| 2020 | 1751026 | 2.78M | 159.21% |
| 2021 | 4513512 | 11.28M | 249.99% |
MLYF Balance Sheet (2012 – 2021)
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 462.36K | 39.55K | 33.63K | 182.78K | 296.95K | 52.85K | 13.08K | 32.41K | 14.28K | 3.65K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 1.62K | 3.04K | 159.52K | 7.97K |
Net receivables | 151.48K | 4.57K | 20.06K | 7.15K | 0 | 18.86K | 6.02K | 0 | 9.86K | 6.24K |
Inventory | -151.48K | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 771.59K | 0 | 0 | 9.90K | 76.61K | 5.72K | 0 | 5.48K | 2.67K | 0 |
Total current assets | 1.23M | 159.20K | 133.44K | 199.84K | 372.23K | 77.43K | 20.73K | 60.27K | 186.34K | 17.87K |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 3.26M | 1.58M | 1.20M | 1.11M | 1.18M | 1.07M | 1.06M | 1.91M | 2.54M | 3.69M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 12.82K | 2.62K | 2.65K | 2.66K | 2.72K | 2.60K | 2.67K | 3.12K | 3.33K | 16.00K |
Total non-current assets | 3.27M | 1.59M | 1.20M | 1.11M | 1.18M | 1.07M | 1.06M | 1.91M | 2.54M | 3.71M |
Total assets | 4.51M | 1.75M | 1.33M | 1.31M | 1.55M | 1.15M | 1.08M | 1.97M | 2.73M | 3.73M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 1.26M | 1.15M | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 192.15K | 300.49K | 101.95K | 0 | 0 | 10.80K | 0 | 0 | 0 | 0 |
Total current liabilities | 10.89M | 2.55M | 1.58M | 840.19K | 800.41K | 874.40K | 872.86K | 1.17M | 1.13M | 431.42K |
| Non-current liabilities: | ||||||||||
Long term debt | 392.28K | 237.13K | 0 | 0 | 300.70K | 318.75K | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 392.28K | 237.13K | 0 | 0 | 300.70K | 318.75K | 0 | 0 | 0 | 0 |
Total liabilities | 11.28M | 2.78M | 1.58M | 840.19K | 1.10M | 1.19M | 872.86K | 1.17M | 1.13M | 431.42K |
| Data source |