Phoenix Biotech 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 Phoenix Biotech Acquisition Corp.'s balance sheet done over the years? Its assets were worth $42,367,032 last year, which is less than in the previous period. 94% of Phoenix Biotech Acquisition Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $39,898,341, which means an increase by 331% compared compared to last year.

Debt to Assets

Phoenix Biotech Acquisition Corp. (NASDAQ:PBAXW): Debt to assets
2021 180078207 9.24M 5.14%
2022 42367032 39.89M 94.17%

PBAXW Balance Sheet (2021 – 2022)

2022 2021
Assets
Current assets:
Cash and cash equivalents
475.87K1.09M
Short term investments
00
Net receivables
00
Inventory
00
Other current assets
225.18K262.5K
Total current assets
42.36M1.36M
Non-current assets:
Property, Plant and Equipment
00
Goodwill
00
Intangible assets
00
Long term investments
0178.49M
Other non-current assets
0147.71K
Total non-current assets
0178.71M
Total assets
42.36M180.07M
Liabilities
Current liabilities:
Accounts payable
Deferred revenue
00
Short term debt
650K0
Total current liabilities
30.74M98.07K
Non-current liabilities:
Long term debt
00
Deferred tax
00
Other non-current liabilities
9.15M9.15M
Total non-current liabilities
9.15M9.15M
Total liabilities
39.89M9.24M
Data sourceData source