Orbit International 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 Orbit International Corp.'s balance sheet done over the years? Its assets were worth $26,396,000 last year, which is less than in the previous period. 30% of Orbit International Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $7,883,000, which means an decrease by -13% compared compared to last year.
Debt to Assets
| 2014 | 17174000 | 3.35M | 19.55% |
|---|---|---|---|
| 2015 | 17524000 | 3.07M | 17.57% |
| 2016 | 16764000 | 1.57M | 9.37% |
| 2017 | 16350000 | 1.60M | 9.83% |
| 2018 | 19666000 | 2.65M | 13.5% |
| 2019 | 21131000 | 4.01M | 19.01% |
| 2020 | 22970000 | 5.57M | 24.29% |
| 2021 | 26011000 | 5.75M | 22.13% |
| 2022 | 29056000 | 9.03M | 31.1% |
| 2023 | 26396000 | 7.88M | 29.86% |
ORBT Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.26M | 4.21M | 9.21M | 7.50M | 3.56M | 4.50M | 941K | 2.07M | 1.74M | 2.13M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 301K | 210K | 235K | 284K |
Net receivables | 4.03M | 4.25M | 3.08M | 3.44M | 3.78M | 2.40M | 3.24M | 2.79M | 3.27M | 1.89M |
Inventory | 10.03M | 9.61M | 8.54M | 9.39M | 10.54M | 10.12M | 10.08M | 10.00M | 10.69M | 11.08M |
Other current assets | 445K | 655K | 416K | 301K | 265K | 345K | 146K | 205K | 259K | 220K |
Total current assets | 15.77M | 18.74M | 21.25M | 20.64M | 18.16M | 17.37M | 14.71M | 15.28M | 16.20M | 15.62M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 3.94M | 3.40M | 3.27M | 852K | 1.19M | 266K | 183K | 270K | 408K | 641K |
Goodwill | 3.51M | 3.51M | 901K | 901K | 905K | 868K | 868K | 868K | 868K | 868K |
Intangible assets | 2.56M | 2.80M | 901K | 901K | 905K | 868K | 868K | 868K | 868K | 0 |
Long term investments | 0 | 2.80M | -901.00K | -901.00K | -905K | -868.00K | -868K | 0 | 0 | 0 |
Other non-current assets | 598K | -2.76M | 931K | 931K | 936K | 30K | 901K | 40K | 40K | 40K |
Total non-current assets | 10.62M | 10.31M | 4.75M | 2.32M | 2.96M | 2.28M | 1.63M | 1.47M | 1.31M | 1.54M |
Total assets | 26.39M | 29.05M | 26.01M | 22.97M | 21.13M | 19.66M | 16.35M | 16.76M | 17.52M | 17.17M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 990K | 866K | 155K | 225K | 171K | 69K | 87K | 189K | 190K |
Short term debt | 673K | 547K | 473K | 478K | 453K | 1 | 0 | 0 | 0 | 1.72M |
Total current liabilities | 4.17M | 4.85M | 2.95M | 3.60M | 3.21M | 2.65M | 1.60M | 1.57M | 1.65M | 3.32M |
| Non-current liabilities: | ||||||||||
Long term debt | 2.27M | 14K | 2.59M | 1.60M | 531K | 0 | 0 | 0 | 1.41M | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.43M | 4.16M | 208K | 370.99K | 267.99K | 0 | 0 | 0 | 16K | 37K |
Total non-current liabilities | 3.71M | 4.17M | 2.80M | 1.97M | 798.99K | 0 | 0 | 0 | 1.42M | 37K |
Total liabilities | 7.88M | 9.03M | 5.75M | 5.57M | 4.01M | 2.65M | 1.60M | 1.57M | 3.07M | 3.35M |