Palamina 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 Palamina Corp.'s balance sheet done over the years? Its assets were worth $3,710,997 last year, which is more than in the previous period. 21% of Palamina Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $768,004, which means an increase by 74% compared compared to last year.
Debt to Assets
| 2014 | 0 | 10K | Infinity% |
|---|---|---|---|
| 2015 | 1593548 | 132.82K | 8.33% |
| 2016 | 1775290 | 137.78K | 7.76% |
| 2017 | 374767 | 267.12K | 71.28% |
| 2018 | 108142 | 485.30K | 448.76% |
| 2019 | 596187 | 553.17K | 92.78% |
| 2020 | 211480 | 425.14K | 201.03% |
| 2021 | 2664058 | 522.05K | 19.6% |
| 2022 | 306092 | 442.56K | 144.59% |
| 2023 | 3710997 | 768.00K | 20.7% |
PA.V Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 3.04M | 81.30K | 2.23M | 61.71K | 34.65K | 40.07K | 296.80K | 1.74M | 1.56M | 0 |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 296.80K | 0 | 1.56M | 0 |
Net receivables | 9.68K | 9.56K | 60.8K | 8.08K | 27.89K | 4.45K | 9.13K | 12.66K | 26.51K | 0 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 200.96K | 165.81K | 238.42K | 1.5K | 20.14K | 0 | 22.76K | 0 | 2.49K | 0 |
Total current assets | 3.25M | 256.67K | 2.53M | 71.29K | 82.70K | 59.11K | 328.70K | 1.77M | 1.59M | 0 |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 29.76K | 38.30K | 26.45K | 8.02K | 33.48K | 49.02K | 46.06K | 4.17K | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 430.40K | 11.11K | 105.06K | 132.15K | 480K | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | -4 | -8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current assets | 460.17K | 49.41K | 131.52K | 140.18K | 513.48K | 49.02K | 46.06K | 4.17K | 0 | 0 |
Total assets | 3.71M | 306.09K | 2.66M | 211.48K | 596.18K | 108.14K | 374.76K | 1.77M | 1.59M | 0 |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 768.00K | 442.56K | 522.05K | 425.14K | 553.17K | 485.30K | 267.12K | 137.78K | 132.82K | 10K |
| Non-current liabilities: | ||||||||||
Long term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total liabilities | 768.00K | 442.56K | 522.05K | 425.14K | 553.17K | 485.30K | 267.12K | 137.78K | 132.82K | 10K |