Precision Optics Corporation
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Precision Optics Corporation's balance sheet done over the years? Its assets were worth $16,912,574 last year, which is less than in the previous period. 40% of Precision Optics Corporation’s total assets is currently financed by debt. Its liabilities reached the amount of $6,844,786, which means an decrease by -11% compared compared to last year.
Debt to Assets
| 2015 | 2041882 | 1.37M | 67.34% |
|---|---|---|---|
| 2016 | 2123088 | 1.53M | 72.34% |
| 2017 | 1800725 | 1.24M | 68.99% |
| 2018 | 2511481 | 1.94M | 77.54% |
| 2019 | 7493230 | 4.11M | 54.93% |
| 2020 | 6351531 | 3.57M | 56.36% |
| 2021 | 6261300 | 2.83M | 45.2% |
| 2022 | 16704020 | 7.73M | 46.29% |
| 2023 | 19740434 | 7.69M | 38.98% |
| 2024 | 16912574 | 6.84M | 40.47% |
PEYE Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 405.27K | 2.92M | 605.74K | 861.65K | 1.13M | 2.28M | 402.73K | 118.40K | 50.05K | 241.05K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 3.54M | 3.90M | 2.66M | 1.87M | 1.48M | 2.16M | 796.92K | 468.54K | 750.38K | 588.04K |
Inventory | 2.86M | 2.77M | 3.02M | 1.88M | 2.19M | 1.73M | 1.14M | 1.05M | 1.13M | 1.07M |
Other current assets | 299.36K | 249.68K | 213.44K | 150.63K | 133.70K | 180.33K | 70.99K | 55.98K | 88.12K | 65.18K |
Total current assets | 7.11M | 9.85M | 6.50M | 4.77M | 4.94M | 6.36M | 2.41M | 1.69M | 2.02M | 1.96M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 683.57K | 791.95K | 1.14M | 655.49K | 621.55K | 383.00K | 49.48K | 72.25K | 78.19K | 55.70K |
Goodwill | 8.82M | 8.82M | 8.82M | 687.66K | 687.66K | 687.66K | 0 | 0 | 0 | 0 |
Intangible assets | 286.55K | 265.11K | 229.39K | 141.70K | 95.22K | 54.08K | 47.27K | 30.08K | 22.87K | 18.64K |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | -9.88M | -10.19M | -1.48M | -1.40M | -1.12M | 0 | 0 | 0 | 0 |
Total non-current assets | 9.79M | 9.88M | 10.19M | 1.48M | 1.40M | 1.12M | 96.76K | 102.34K | 101.06K | 74.35K |
Total assets | 16.91M | 19.74M | 16.70M | 6.26M | 6.35M | 7.49M | 2.51M | 1.80M | 2.12M | 2.04M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 1.17M | 1.17M | 905.11K | 450.08K | 417.05K | 450.19K | 857.84K | 180.13K | 0 | 118.8K |
Short term debt | 1.71M | 937.03K | 558.98K | 99.59K | 917.87K | 9.57K | 8.96K | 8.39K | 7.85K | 0 |
Total current liabilities | 4.90M | 5.25M | 4.58M | 2.51M | 3.14M | 3.61M | 1.93M | 1.21M | 1.50M | 1.37M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.93M | 2.43M | 2.43M | 152.39K | 97.05K | 5.02K | 14.60K | 23.56K | 31.95K | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 705.89K | 166.66K | 333.33K | 500K | 0 | 0 | 0 | 0 |
Total non-current liabilities | 1.93M | 2.43M | 3.14M | 319.06K | 430.39K | 505.02K | 14.60K | 23.56K | 31.95K | 0 |
Total liabilities | 6.84M | 7.69M | 7.73M | 2.83M | 3.57M | 4.11M | 1.94M | 1.24M | 1.53M | 1.37M |
| Data source | Data source | Data source |