Quad M Solutions
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Quad M Solutions's balance sheet done over the years? Its assets were worth $10,748,095 last year, which is more than in the previous period. 95% of Quad M Solutions’s total assets is currently financed by debt. Its liabilities reached the amount of $10,194,060, which means an increase by 1% compared compared to last year.
Debt to Assets
| 2016 | 589096 | 228.87K | 38.85% |
|---|---|---|---|
| 2017 | 517829 | 302.47K | 58.41% |
| 2018 | 439398 | 377.16K | 85.84% |
| 2019 | 14700 | 2.67M | 18211.22% |
| 2020 | 478874 | 5.83M | 1217.6% |
| 2021 | 155174 | 10.07M | 6492.29% |
| 2022 | 10748095 | 10.19M | 94.85% |
MMMM Balance Sheet (2016 – 2022)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 836.49K | 155.17K | 463.87K | 14.7K | 1.9K | 5.01K | 40.91K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 9.65M | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 252.6K | 0 | 15K | 0 | 0 | 0 | 0 |
Total current assets | 10.74M | 155.17K | 478.87K | 14.7K | 1.9K | 5.01K | 40.91K |
Non-current assets: | |||||||
Property, Plant and Equipment | 0 | 0 | 0 | 0 | 437.49K | 512.81K | 548.18K |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current assets | 0 | 0 | 0 | 0 | 437.49K | 512.81K | 548.18K |
Total assets | 10.74M | 155.17K | 478.87K | 14.7K | 439.39K | 517.82K | 589.09K |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | 1.92M | 2.87M | 5.31K | 723.14K | 0 | 0 | 0 |
Short term debt | 4.91M | 4.46M | 878.38K | 409.40K | 57K | 77K | 18K |
Total current liabilities | 10.19M | 10.07M | 5.83M | 2.67M | 160.34K | 90.15K | 22.03K |
| Non-current liabilities: | |||||||
Long term debt | 0 | 0 | 0 | 0 | 216.81K | 212.31K | 206.84K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
Total non-current liabilities | -1 | 0 | 0 | 0 | 216.81K | 212.31K | 206.84K |
Total liabilities | 10.19M | 10.07M | 5.83M | 2.67M | 377.16K | 302.47K | 228.87K |
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