Quest Rare Minerals Ltd.
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 Rare Minerals Ltd.'s balance sheet done over the years? Its assets were worth $3,348,088 last year, which is less than in the previous period. 179% of Quest Rare Minerals Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $5,990,951, which means an increase by 52% compared compared to last year.
Debt to Assets
| 2012 | 82561443 | 7.32M | 8.88% |
|---|---|---|---|
| 2013 | 76901500 | 3.63M | 4.73% |
| 2014 | 70053537 | 5.30M | 7.57% |
| 2015 | 3633208 | 3.93M | 108.3% |
| 2016 | 3348088 | 5.99M | 178.94% |
QRMLF Balance Sheet (2012 – 2016)
| 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 58.02K | 208.92K | 1.28M | 7.26M | 22.42M |
Short term investments | 750 | 650 | 950 | 1.6K | 4.00M |
Net receivables | 2.28M | 875.29K | 4.93M | 7.57M | 11.26M |
Inventory | 0 | 0 | 0 | 0 | 0 |
Other current assets | 220.93K | 294.18K | 424.99K | 413.56K | 612.28K |
Total current assets | 2.56M | 1.37M | 6.64M | 15.26M | 38.30M |
Non-current assets: | |||||
Property, Plant and Equipment | 0 | 0 | 59.18M | 58.40M | 42.27M |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 785.92K | 2.25M | 4.22M | 3.23M | 1.98M |
Total non-current assets | 785.92K | 2.25M | 63.41M | 61.63M | 44.25M |
Total assets | 3.34M | 3.63M | 70.05M | 76.90M | 82.56M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 |
Short term debt | 2.38M | 0 | 4.33M | 0 | 0 |
Total current liabilities | 5.94M | 1.94M | 5.30M | 3.63M | 7.32M |
| Non-current liabilities: | |||||
Long term debt | 0 | 1.98M | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 49.65K | 0 | 0 | 0 | 0 |
Total non-current liabilities | 49.65K | 1.98M | 0 | 0 | 0 |
Total liabilities | 5.99M | 3.93M | 5.30M | 3.63M | 7.32M |