Quorum Information Technologies
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Quorum Information Technologies's balance sheet done over the years? Its assets were worth $45,828,006 last year, which is less than in the previous period. 41% of Quorum Information Technologies’s total assets is currently financed by debt. Its liabilities reached the amount of $18,766,981, which means an decrease by -9% compared compared to last year.
Debt to Assets
| 2014 | 14820133 | 1.36M | 9.2% |
|---|---|---|---|
| 2015 | 18834351 | 1.43M | 7.61% |
| 2016 | 19614631 | 1.55M | 7.94% |
| 2017 | 20831518 | 1.92M | 9.23% |
| 2018 | 36767346 | 13.57M | 36.93% |
| 2019 | 49924158 | 18.82M | 37.71% |
| 2020 | 49558330 | 19.50M | 39.35% |
| 2021 | 45173437 | 17.40M | 38.53% |
| 2022 | 47127876 | 20.55M | 43.61% |
| 2023 | 45828006 | 18.76M | 40.95% |
QIS.V Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 3.60M | 4.87M | 6.47M | 9.32M | 8.55M | 1.67M | 4.59M | 5.23M | 5.01M | 1.72M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 3.70M | 3.79M | 3.79M | 3.56M | 4.13M | 3.19M | 1.55M | 1.40M | 1.16M | 1.11M |
Inventory | 0 | 12.89K | 14.08K | 26.9K | 18.91K | 17.71K | 16.37K | 18.49K | 12.04K | 12.52K |
Other current assets | 741.49K | 885.69K | 721.61K | 378.56K | 571.97K | 652.50K | 321.77K | 237.28K | 204.81K | 214.66K |
Total current assets | 8.04M | 9.55M | 11.01M | 13.29M | 13.28M | 5.54M | 6.49M | 6.89M | 6.39M | 3.06M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 2.25M | 2.83M | 3.68M | 4.20M | 4.16M | 608.12K | 320.27K | 288.71K | 210.65K | 150.55K |
Goodwill | 8.43M | 8.43M | 5.80M | 6.43M | 6.43M | 5.59M | 485.76K | 0 | 0 | 0 |
Intangible assets | 19.63M | 20.24M | 17.86M | 19.30M | 19.69M | 19.03M | 7.70M | 5.50M | 5.12M | 4.66M |
Long term investments | 72.34K | 24.84K | 21.17K | 23.63K | 78.50K | 0 | 0 | 0 | 3.34M | 0 |
Other non-current assets | 2.61M | 3.60M | 3.97M | 3.73M | 3.59M | 3.55M | 3.42M | 3.38M | 0 | 3.32M |
Total non-current assets | 37.78M | 37.56M | 34.16M | 36.26M | 36.64M | 31.22M | 14.34M | 12.72M | 12.43M | 11.75M |
Total assets | 45.82M | 47.12M | 45.17M | 49.55M | 49.92M | 36.76M | 20.83M | 19.61M | 18.83M | 14.82M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | -2.45M | -2.68M | 372.03K | 428.86K | 320.32K | 297.45K | 262.53K | 342.92K | 192.65K |
Short term debt | 1.28M | 885.65K | 715.16K | 638.02K | 274.43K | 405.69K | 91.49K | 74.44K | 57.42K | 86.75K |
Total current liabilities | 3.89M | 3.33M | 3.39M | 4.15M | 3.73M | 2.92M | 1.33M | 1.27M | 1.26M | 1.13M |
| Non-current liabilities: | ||||||||||
Long term debt | 11.65M | 14.24M | 11.52M | 12.60M | 12.24M | 8.15M | 380.90K | 287.21K | 165.94K | 223.36K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 77.56K | 77.56K | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 14.87M | 17.21M | 14.00M | 15.34M | 15.08M | 10.65M | 585.28K | 287.21K | 165.94K | 223.36K |
Total liabilities | 18.76M | 20.55M | 17.40M | 19.50M | 18.82M | 13.57M | 1.92M | 1.55M | 1.43M | 1.36M |