Porch Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Porch Group's balance sheet done over the years? Its assets were worth $899,393,000 last year, which is less than in the previous period. 104% of Porch Group’s total assets is currently financed by debt. Its liabilities reached the amount of $935,076,000, which means an decrease by -4% compared compared to last year.
Debt to Assets
| 2019 | 48468000 | 108.44M | 223.75% |
|---|---|---|---|
| 2020 | 268591000 | 129.18M | 48.1% |
| 2021 | 1034576000 | 820.00M | 79.26% |
| 2022 | 1049057000 | 969.70M | 92.44% |
| 2023 | 899393000 | 935.07M | 103.97% |
PRCH Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 297.23M | 215.06M | 315.74M | 196.04M | 4.17M |
Short term investments | 35.58M | 36.52M | 9.25M | 0 | 0 |
Net receivables | 107.87M | 325.49M | 255.53M | 4.66M | 4.71M |
Inventory | 0 | 13.54M | 8.55M | 11.40M | 1 |
Other current assets | 13.21M | 20.00M | 10.16M | 3.89M | 1.28M |
Total current assets | 481.07M | 610.63M | 599.24M | 216.00M | 10.17M |
Non-current assets: | |||||
Property, Plant and Equipment | 20.07M | 16.44M | 11.17M | 4.59M | 6.65M |
Goodwill | 191.90M | 244.69M | 225.65M | 28.28M | 18.27M |
Intangible assets | 87.21M | 108.25M | 129.83M | 15.96M | 9.83M |
Long term investments | 103.58M | 55.11M | 58.32M | -939K | 172.73M |
Other non-current assets | 15.53M | 13.91M | 1.18M | 3.74M | 3.53M |
Total non-current assets | 418.31M | 438.42M | 435.32M | 52.58M | 38.29M |
Total assets | 899.39M | 1.04B | 1.03B | 268.59M | 48.46M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 248.68M | 290.83M | 219.09M | 7.53M | 6.5M |
Short term debt | 244K | 16.45M | 150K | 4.74M | 20.46M |
Total current liabilities | 462.15M | 515.63M | 361.42M | 31.17M | 57.46M |
| Non-current liabilities: | |||||
Long term debt | 435.49M | 427.84M | 417.27M | 43.23M | 40.65M |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 37.42M | 26.21M | 41.30M | 55.18M | 7.21M |
Total non-current liabilities | 472.92M | 454.06M | 458.58M | 98.00M | 50.98M |
Total liabilities | 935.07M | 969.70M | 820.00M | 129.18M | 108.44M |
| Data source | Data source | Data source | Data source | Data source |