Motorsport Games
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Motorsport Games's balance sheet done over the years? Its assets were worth $9,758,704 last year, which is less than in the previous period. 79% of Motorsport Games’s total assets is currently financed by debt. Its liabilities reached the amount of $7,669,000, which means an decrease by -55% compared compared to last year.
Debt to Assets
| 2018 | 15670258 | 6.30M | 40.22% |
|---|---|---|---|
| 2019 | 12777274 | 9.16M | 71.73% |
| 2020 | 17387010 | 15.77M | 90.71% |
| 2021 | 50703203 | 12.72M | 25.09% |
| 2022 | 18897792 | 16.99M | 89.93% |
| 2023 | 9758704 | 7.66M | 78.59% |
MSGM Balance Sheet (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | 1.67M | 979.30K | 17.81M | 3.99M | 1.96M | 3.41M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 735.83K | 2.01M | 5.62M | 5.97M | 5.09M | 5.20M |
Inventory | 0 | 0 | 0 | 1 | 0 | 0 |
Other current assets | 1.10M | 1.04M | 1.17M | 507.17K | 77.02K | 82.42K |
Total current assets | 3.51M | 4.04M | 24.62M | 10.47M | 7.12M | 8.69M |
Non-current assets: | ||||||
Property, Plant and Equipment | 445K | 1.49M | 727.08K | 162.14K | 127.40K | 70.73K |
Goodwill | 0 | 0 | 4.86M | 137.71K | 137.71K | 712.73K |
Intangible assets | 5.79M | 13.36M | 20.48M | 5.56M | 5.32M | 6.13M |
Long term investments | 0 | 0 | 0 | 271.2K | 0 | 0 |
Other non-current assets | 0 | -14.85M | -26.08M | 1.04M | 55.36K | 49.78K |
Total non-current assets | 6.24M | 14.85M | 26.08M | 6.91M | 5.64M | 6.97M |
Total assets | 9.75M | 18.89M | 50.70M | 17.38M | 12.77M | 15.67M |
Liabilities | ||||||
| Current liabilities: | ||||||
Accounts payable | ||||||
Deferred revenue | 270.84K | 311.94K | 523.79K | 0 | 0 | 0 |
Short term debt | 153.01K | 380.53K | 119.01K | 10.85M | 8.04M | 4.48M |
Total current liabilities | 7.59M | 13.32M | 8.59M | 14.91M | 9.16M | 6.30M |
| Non-current liabilities: | ||||||
Long term debt | 45.65K | 617.28K | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 31.09K | 3.05M | 4.12M | 856.69K | 0 | 0 |
Total non-current liabilities | 76.75K | 3.67M | 4.12M | 856.69K | 0 | 5.31M |
Total liabilities | 7.66M | 16.99M | 12.72M | 15.77M | 9.16M | 6.30M |
| Data source | Data source | Data source | Data source |