Quest Patent Research
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Quest Patent Research's balance sheet done over the years? Its assets were worth $7,274,458 last year, which is more than in the previous period. 167% of Quest Patent Research’s total assets is currently financed by debt. Its liabilities reached the amount of $12,138,997, which means an increase by 24% compared compared to last year.
Debt to Assets
| 2014 | 115852 | 470.18K | 405.85% |
|---|---|---|---|
| 2015 | 2697713 | 2.87M | 106.69% |
| 2016 | 2322755 | 3.65M | 157.55% |
| 2017 | 2634252 | 5.06M | 192.13% |
| 2018 | 2214872 | 6.75M | 304.93% |
| 2019 | 5159107 | 11.00M | 213.38% |
| 2020 | 3487641 | 10.32M | 296.17% |
| 2021 | 816626 | 8.74M | 1070.67% |
| 2022 | 1227076 | 9.78M | 797.82% |
| 2023 | 7274458 | 12.13M | 166.87% |
QPRC Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 563.48K | 90.60K | 264.84K | 247.86K | 537.19K | 166.91K | 165.54K | 208.32K | 331.50K | 91.69K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 3.00M | 0 | 0 | 1.03M | 1.85M | 0 | 2.84K | 54.99K | 41.55K | 22.5K |
Inventory | 0 | 0 | 0 | 0 | 4 | 0 | 0 | 0 | 5 | 0 |
Other current assets | 28.12K | 5.32K | 12.30K | 5.93K | 17.18K | 2.34K | 2.52K | 2.49K | 5.92K | 1.66K |
Total current assets | 3.59M | 95.92K | 277.14K | 1.28M | 2.40M | 169.25K | 170.91K | 265.80K | 378.98K | 115.85K |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 3.67M | 1.13M | 539.48K | 2.20M | 2.75M | 2.04M | 2.46M | 2.05M | 2.31M | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | -1.13M | -539.48K | -2.20M | -2.75M | 0 | 0 | 0 | 0 | 0 |
Total non-current assets | 3.67M | 1.13M | 539.48K | 2.20M | 2.75M | 2.04M | 2.46M | 2.05M | 2.31M | 0 |
Total assets | 7.27M | 1.22M | 816.62K | 3.48M | 5.15M | 2.21M | 2.63M | 2.32M | 2.69M | 115.85K |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 491.97K | 0 | 387.96K | 399.29K | 350.97K | 248.91K | 232.61K | 0 |
Short term debt | 2.93M | 2.93M | 2.94M | 6.31M | 5.19M | 4.55M | 3.67M | 2.22M | 163K | 163K |
Total current liabilities | 11.93M | 9.58M | 8.40M | 9.49M | 9.54M | 5.83M | 4.36M | 3.65M | 1.46M | 470.18K |
| Non-current liabilities: | ||||||||||
Long term debt | 150K | 150K | 150K | 174.39K | 1.44M | 769.82K | 699.75K | 0 | 562.24K | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 53.66K | 53.66K | 190K | 658.20K | 20.37K | 150K | 0 | 0 | 850.54K | 0 |
Total non-current liabilities | 203.66K | 203.66K | 340K | 832.59K | 1.46M | 919.82K | 699.75K | 0 | 1.41M | 0 |
Total liabilities | 12.13M | 9.78M | 8.74M | 10.32M | 11.00M | 6.75M | 5.06M | 3.65M | 2.87M | 470.18K |
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