OmniLit Acquisition Corp.
Balance Sheet

Last updated:

The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has OmniLit Acquisition Corp.'s balance sheet done over the years? Its assets were worth $14,271,766 last year, which is less than in the previous period. 4% of OmniLit Acquisition Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $617,071, which means an decrease by -88% compared compared to last year.

Debt to Assets

OmniLit Acquisition Corp. (NASDAQ:OLIT): Debt to assets
2021 147428222 5.23M 3.55%
2022 14271766 617.07K 4.32%

OLIT Balance Sheet (2021 – 2022)

2022 2021
Assets
Current assets:
Cash and cash equivalents
117.50K494.59K
Short term investments
14.01M0
Net receivables
8.76K0
Inventory
-8.76K0
Other current assets
143.19K171
Total current assets
260.69K666.50K
Non-current assets:
Property, Plant and Equipment
00
Goodwill
00
Intangible assets
00
Long term investments
14.01M0
Other non-current assets
0146.76M
Total non-current assets
14.01M146.76M
Total assets
14.27M147.42M
Liabilities
Current liabilities:
Accounts payable
Deferred revenue
00
Short term debt
00
Total current liabilities
117.07K204.09K
Non-current liabilities:
Long term debt
00
Deferred tax
00
Other non-current liabilities
500.00K0
Total non-current liabilities
500.00K5.03M
Total liabilities
617.07K5.23M
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