Quality Industrial 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 Quality Industrial Corp.'s balance sheet done over the years? Its assets were worth $8,856,575 last year, which is less than in the previous period. 92% of Quality Industrial Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $8,113,076, which means an decrease by -95% compared compared to last year.
Debt to Assets
| 2019 | 131605 | 59.86K | 45.49% |
|---|---|---|---|
| 2020 | 207064 | 230.10K | 111.13% |
| 2021 | 226130 | 595.13K | 263.18% |
| 2022 | 200692193 | 173.81M | 86.61% |
| 2023 | 8856575 | 8.11M | 91.61% |
QIND Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 2.49K | 1.31M | 15.65K | 19.56K | 131.60K |
Short term investments | 1.50M | 6.61M | 1.01M | 0 | 0 |
Net receivables | 0 | 42.43M | 21.75M | 0 | 0 |
Inventory | 0 | 58.63M | 58.48M | 0 | 0 |
Other current assets | 2.35M | 179.48K | 178 | 187.5K | 0 |
Total current assets | 2.35M | 111.60M | 15.83K | 207.06K | 131.60K |
Non-current assets: | |||||
Property, Plant and Equipment | 0 | 32.70M | 33.73M | 0 | 0 |
Goodwill | 56.38M | 56.38M | 56.38M | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 |
Long term investments | 6.5M | 1M | 1M | 0 | 0 |
Other non-current assets | -56.38M | -88.51M | 210.29K | 0 | 0 |
Total non-current assets | 6.5M | 89.09M | 210.29K | 0 | 0 |
Total assets | 8.85M | 200.69M | 226.13K | 207.06K | 131.60K |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | -19.98M | 0 | 0 | 0 | -35.86K |
Short term debt | 25.12M | 19.05M | 358.09K | 63.09K | 35.86K |
Total current liabilities | 5.78M | 144.68M | 595.13K | 230.10K | 59.86K |
| Non-current liabilities: | |||||
Long term debt | 15.91M | 1.1M | 29.86M | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | -13.58M | 28.02M | 1.87M | 0 | 0 |
Total non-current liabilities | 2.33M | 29.12M | 31.73M | 0 | 0 |
Total liabilities | 8.11M | 173.81M | 595.13K | 230.10K | 59.86K |
| Data source | Data source | Data source | Data source |