PowerBand Solutions
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has PowerBand Solutions's balance sheet done over the years? Its assets were worth $6,864,855 last year, which is less than in the previous period. 298% of PowerBand Solutions’s total assets is currently financed by debt. Its liabilities reached the amount of $20,456,651, which means an increase by 107% compared compared to last year.
Debt to Assets
| 2014 | 215149 | 6.78K | 3.15% |
|---|---|---|---|
| 2015 | 172864 | 29.18K | 16.89% |
| 2016 | 113736 | 21.31K | 18.74% |
| 2017 | 1300577 | 2.05M | 158.34% |
| 2018 | 3675843 | 1.21M | 33.11% |
| 2019 | 9062593 | 10.47M | 115.54% |
| 2020 | 13839168 | 12.95M | 93.64% |
| 2021 | 20410982 | 15.87M | 77.78% |
| 2022 | 17234821 | 9.86M | 57.24% |
| 2023 | 6864855 | 20.45M | 297.99% |
PBX.V Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.93M | 10.12M | 5.08M | 1.40M | 243.03K | 311.48K | 269.00K | 107.19K | 141.42K | 189.17K |
Short term investments | 0 | 0 | 2.88K | 354.64K | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 460.81K | 1.42M | 2.44M | 1.29M | 1.17M | 374.34K | 113.35K | 4.04K | 28.94K | 25.97K |
Inventory | 1 | 1 | 7K | 18K | 200.36K | -370.14K | 0 | 0 | 0 | 0 |
Other current assets | 168.57K | 690.39K | 1.52M | 631.88K | 391.58K | 867.98K | 35.11K | 2.5K | 2.5K | 0 |
Total current assets | 2.56M | 12.02M | 9.06M | 3.35M | 2.00M | 1.18M | 417.47K | 113.73K | 172.86K | 215.14K |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 3.73M | 4.69M | 3.64M | 4.33M | 4.98M | 0 | 0 | 0 | 0 | 0 |
Goodwill | 0 | 0 | 2.64M | 2.66M | 172.59K | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 42.76K | 4.79M | 2.85M | 1.63M | 1.42M | 883.10K | 1.15M | 0 | 0 |
Long term investments | 564.88K | 442.66K | 195.45K | 636.6K | 268.22K | 1.07M | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | 73.29K | 68.60K | 68.89K | -7.05M | 0 | 0 | -1.28M | 0 | 0 |
Total non-current assets | 4.29M | 5.21M | 11.34M | 10.48M | 7.05M | 2.49M | 883.10K | -130.14K | 0 | 0 |
Total assets | 6.86M | 17.23M | 20.41M | 13.83M | 9.06M | 3.67M | 1.30M | 113.73K | 172.86K | 215.14K |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 31.70K | 32.40K | 5.66M | 18K | 200.3K | 0 | 0 | -4.04M | -1.89M | 0 |
Short term debt | 15.40M | 2.41M | 2.91M | 1.47M | 2.03M | 18.17K | 94.12K | 4.01M | 1.89M | 0 |
Total current liabilities | 18.50M | 7.34M | 11.06M | 9.27M | 6.11M | 869.98K | 1.62M | 21.31K | 29.18K | 6.78K |
| Non-current liabilities: | ||||||||||
Long term debt | 1.95M | 2.51M | 4.81M | 3.68M | 4.35M | 346.93K | 438.09K | 75.12K | 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 | -1 | 0 | 0 |
Total non-current liabilities | 1.95M | 2.51M | 4.81M | 3.68M | 4.35M | 346.93K | 438.09K | 75.12K | 0 | 0 |
Total liabilities | 20.45M | 9.86M | 15.87M | 12.95M | 10.47M | 1.21M | 2.05M | 21.31K | 29.18K | 6.78K |