Ocean Biomedical
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Ocean Biomedical's balance sheet done over the years? Its assets were worth $5,501,000 last year, which is less than in the previous period. 1750% of Ocean Biomedical’s total assets is currently financed by debt. Its liabilities reached the amount of $96,264,000, which means an increase by 1355% compared compared to last year.
Debt to Assets
| 2019 | 0 | 232K | Infinity% |
|---|---|---|---|
| 2020 | 386000 | 2.27M | 588.34% |
| 2021 | 79000 | 6.74M | 8532.91% |
| 2022 | 110911324 | 6.61M | 5.96% |
| 2023 | 5501000 | 96.26M | 1749.94% |
OCEA Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 4K | 328.30K | 60K | 0 | 0 |
Short term investments | 0 | 0 | 0 | 0 | 0 |
Net receivables | 0 | 50K | 0 | 0 | 0 |
Inventory | 0 | 0 | 0 | 0 | 0 |
Other current assets | 2.10M | 89.68K | 474.29K | 0 | 0 |
Total current assets | 2.10M | 467.98K | 79K | 386K | 0 |
Non-current assets: | |||||
Property, Plant and Equipment | 0 | 0 | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 |
Long term investments | 3.39M | 110.44M | 107.10M | 0 | 0 |
Other non-current assets | 0 | 0 | 0 | 0 | 0 |
Total non-current assets | 3.39M | 110.44M | 107.10M | 0 | 0 |
Total assets | 5.50M | 110.91M | 79K | 386K | 0 |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 |
Short term debt | 12.11M | 2.15M | 0 | 0 | 0 |
Total current liabilities | 30.01M | 3.46M | 6.74M | 2.27M | 232K |
| Non-current liabilities: | |||||
Long term debt | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 66.25M | 0 | 0 | 0 | 0 |
Total non-current liabilities | 66.25M | 3.15M | 3.15M | 0 | 0 |
Total liabilities | 96.26M | 6.61M | 6.74M | 2.27M | 232K |