Qutoutiao
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Qutoutiao's balance sheet done over the years? Its assets were worth $413,411,000 last year, which is less than in the previous period. 669% of Qutoutiao’s total assets is currently financed by debt. Its liabilities reached the amount of $2,767,669,000, which means an decrease by -16% compared compared to last year.
Debt to Assets
| 2016 | 29896180 | 41.08M | 137.43% |
|---|---|---|---|
| 2018 | 2752471517 | 1.24B | 45.1% |
| 2019 | 2940196895 | 3.14B | 107.13% |
| 2020 | 2915857589 | 3.10B | 106.58% |
| 2021 | 2080475000 | 3.29B | 158.51% |
| 2023 | 413411000 | 2.76B | 669.47% |
QTT Balance Sheet (2016 – 2023)
| 2023 | 2021 | 2020 | 2019 | 2018 | 2016 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | 74.64M | 240.35M | 494.47M | 347.81M | 2.18B | 268.62K |
Short term investments | 0 | 343.01M | 391.03M | 1.27B | 115.43M | 12.37M |
Net receivables | 230.77M | 1.03B | 1.12B | 804.97M | 255.81M | 16.15M |
Inventory | 0 | 234.96M | 460.99M | 254.73M | 0 | 0 |
Other current assets | 43.57M | 13.39M | 4.43M | 7.86M | 68.53M | 966.70K |
Total current assets | 348.99M | 1.86B | 2.47B | 2.69B | 2.62B | 29.75M |
Non-current assets: | ||||||
Property, Plant and Equipment | 6.13M | 39.20M | 67.53M | 93.35M | 13.92M | 138.12K |
Goodwill | 7.26M | 7.26M | 7.26M | 7.26M | 7.26M | 0 |
Intangible assets | 50.34M | 165.27M | 83.12M | 88.94M | 94.52M | 0 |
Long term investments | 0 | 1.41M | 82.88M | 37.58M | 0 | 0 |
Other non-current assets | 666K | 4.80M | 148.09M | 20.81M | 10.67M | 0 |
Total non-current assets | 64.41M | 217.96M | 443.54M | 247.97M | 126.39M | 138.12K |
Total assets | 413.41M | 2.08B | 2.91B | 2.94B | 2.75B | 29.89M |
Liabilities | ||||||
| Current liabilities: | ||||||
Accounts payable | ||||||
Deferred revenue | 56.61M | 122.59M | 140.77M | 246.63M | 155.09M | 729.00K |
Short term debt | 2.40M | 1.21B | 90.76M | 38.21M | 177.43M | 3.21M |
Total current liabilities | 807.85M | 3.26B | 1.88B | 1.87B | 1.11B | 41.08M |
| Non-current liabilities: | ||||||
Long term debt | 1.94B | 15.98M | 1.19B | 1.24B | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 1.73M | 4.25M | 7.21M | 106.62M | 0 |
Total non-current liabilities | 1.95B | 34.14M | 1.22B | 1.27B | 130.25M | 0 |
Total liabilities | 2.76B | 3.29B | 3.10B | 3.14B | 1.24B | 41.08M |
| Data source | Data source | Data source | Data source |