NetSol Technologies
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has NetSol Technologies's balance sheet done over the years? Its assets were worth $64,186,442 last year, which is more than in the previous period. 38% of NetSol Technologies’s total assets is currently financed by debt. Its liabilities reached the amount of $24,653,342, which means an increase by 14% compared compared to last year.
Debt to Assets
| 2015 | 88962334 | 15.32M | 17.22% |
|---|---|---|---|
| 2016 | 93349415 | 15.70M | 16.83% |
| 2017 | 99677330 | 21.48M | 21.55% |
| 2018 | 99774281 | 22.83M | 22.89% |
| 2019 | 87497019 | 21.01M | 24.02% |
| 2020 | 88473089 | 22.99M | 25.99% |
| 2021 | 86606261 | 24.74M | 28.57% |
| 2022 | 72608632 | 21.75M | 29.96% |
| 2023 | 58379410 | 21.59M | 37% |
| 2024 | 64186442 | 24.65M | 38.41% |
NTWK Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 19.12M | 15.53M | 23.96M | 33.70M | 20.16M | 17.36M | 22.08M | 14.17M | 11.55M | 14.16M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 25.99M | 24.09M | 23.26M | 19.00M | 29.85M | 34.81M | 32.55M | 28.01M | 26.67M | 15.23M |
Inventory | -559.24K | 1.68M | 1.91M | 2.64M | 1.70M | 1.97M | 1 | 0 | 1 | 1.66M |
Other current assets | 2.90M | 1.97M | 285.09K | 223.6K | 163.24K | 438.66K | 2.70M | 2.66M | 2.21M | 1.87M |
Total current assets | 47.46M | 41.60M | 49.42M | 55.57M | 51.89M | 54.59M | 57.35M | 44.27M | 40.45M | 31.51M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 6.43M | 7.31M | 10.35M | 13.43M | 13.68M | 12.09M | 16.16M | 20.37M | 22.77M | 25.11M |
Goodwill | 9.30M | 9.30M | 9.30M | 9.51M | 9.51M | 9.51M | 9.51M | 9.51M | 9.51M | 9.51M |
Intangible assets | 0 | 127.93K | 1.58M | 3.90M | 5.39M | 7.33M | 12.24M | 17.04M | 19.67M | 22.81M |
Long term investments | 0 | 25.39K | 1.05M | 3.15M | 2.38M | 2.65M | 3.21M | 3.05M | 720.35K | 0 |
Other non-current assets | 986.36K | 6.93K | 879.14K | 55.12K | 41.99K | 23.56K | 862.11K | 4.07M | -264.44K | -843.39K |
Total non-current assets | 16.72M | 16.77M | 23.18M | 31.02M | 36.57M | 32.90M | 42.42M | 55.40M | 52.89M | 57.45M |
Total assets | 64.18M | 58.37M | 72.60M | 86.60M | 88.47M | 87.49M | 99.77M | 99.67M | 93.34M | 88.96M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 8.75M | 7.93M | 4.90M | 4.55M | 4.09M | 5.97M | 5.94M | 3.92M | 4.73M | 4.89M |
Short term debt | 7.49M | 6.96M | 9.11M | 12.22M | 10.25M | 6.90M | 8.59M | 10.58M | 4.44M | 3.89M |
Total current liabilities | 23.86M | 20.76M | 20.83M | 23.47M | 20.11M | 20.44M | 22.50M | 21.11M | 15.23M | 14.83M |
| Non-current liabilities: | ||||||||||
Long term debt | 784.52K | 655.57K | 923.48K | 1.26M | 2.87M | 564.57K | 330.59K | 366.76K | 477.69K | 487.49K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 172.84K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 784.52K | 828.42K | 923.48K | 1.26M | 2.87M | 564.57K | 330.59K | 366.76K | 477.69K | 487.49K |
Total liabilities | 24.65M | 21.59M | 21.75M | 24.74M | 22.99M | 21.01M | 22.83M | 21.48M | 15.70M | 15.32M |
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