QualTek Services
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has QualTek Services's balance sheet done over the years? Its assets were worth $688,927,000 last year, which is more than in the previous period. 115% of QualTek Services’s total assets is currently financed by debt. Its liabilities reached the amount of $789,647,000, which means an increase by 7% compared compared to last year.
Debt to Assets
| 2019 | 747230000 | 613.07M | 82.05% |
|---|---|---|---|
| 2020 | 640868000 | 611.23M | 95.38% |
| 2021 | 671759000 | 738.73M | 109.97% |
| 2022 | 688927000 | 789.64M | 114.62% |
QTEKW Balance Sheet (2019 – 2022)
| 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|
Assets | ||||
Current assets: | ||||
Cash and cash equivalents | 495K | 606K | 76K | 91K |
Short term investments | 0 | 0 | 0 | 0 |
Net receivables | 244.96M | 201.84M | 174.79M | 228.65M |
Inventory | 9.03M | 5.40M | 5.76M | 7.79M |
Other current assets | 2.81M | 2.02M | 1.59M | 1.60M |
Total current assets | 262.59M | 226.52M | 192.22M | 249.01M |
Non-current assets: | ||||
Property, Plant and Equipment | 88.38M | 50.68M | 33.79M | 18.17M |
Goodwill | 14.49M | 28.72M | 58.52M | 86.50M |
Intangible assets | 321.68M | 364.17M | 345.81M | 381.57M |
Long term investments | 0 | 0 | 0 | 0 |
Other non-current assets | 1.76M | 1.65M | 10.51M | 11.96M |
Total non-current assets | 426.33M | 445.23M | 448.64M | 498.21M |
Total assets | 688.92M | 671.75M | 640.86M | 747.23M |
Liabilities | ||||
| Current liabilities: | ||||
Accounts payable | ||||
Deferred revenue | 24.09M | 14.77M | 14.94M | 18.47M |
Short term debt | 566.02M | 127.37M | 27.24M | 13.46M |
Total current liabilities | 723.92M | 267.20M | 176.44M | 177.69M |
| Non-current liabilities: | ||||
Long term debt | 45.36M | 438.66M | 413.42M | 397.49M |
Deferred tax | 0 | 0 | 0 | 0 |
Other non-current liabilities | 20.35M | 32.86M | 21.36M | 37.87M |
Total non-current liabilities | 65.72M | 471.53M | 434.78M | 435.37M |
Total liabilities | 789.64M | 738.73M | 611.23M | 613.07M |
| Data source | Data source |