Algorhythm Holdings
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Algorhythm Holdings's balance sheet done over the years? Its assets were worth $27,715,000 last year, which is more than in the previous period. 73% of Algorhythm Holdings’s total assets is currently financed by debt. Its liabilities reached the amount of $20,137,000, which means an increase by 277% compared compared to last year.
Debt to Assets
| 2015 | 12213925 | 8.28M | 67.86% |
|---|---|---|---|
| 2016 | 10461609 | 4.80M | 45.96% |
| 2018 | 13147986 | 5.34M | 40.63% |
| 2023 | 27715000 | 20.13M | 72.66% |
RIME Balance Sheet (2014 – 2023)
| 2023 | 2017 | 2015 | 2014 | |
|---|---|---|---|---|
Assets | ||||
Current assets: | ||||
Cash and cash equivalents | 6.70M | 813.90K | 2.11M | 116.28K |
Short term investments | 0 | 0 | 0 | 0 |
Net receivables | 7.57M | 2.22M | 1.40M | 1.46M |
Inventory | 6.87M | 8.53M | 3.69M | 7.44M |
Other current assets | 2.05M | 157.51K | 374.07K | 304.10K |
Total current assets | 23.20M | 11.73M | 7.58M | 9.33M |
Non-current assets: | ||||
Property, Plant and Equipment | 4.33M | 450.30K | 430.60K | 466.57K |
Goodwill | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 |
Other non-current assets | 179K | 965.32K | 2.44M | 2.41M |
Total non-current assets | 4.50M | 1.41M | 2.87M | 2.87M |
Total assets | 27.71M | 13.14M | 10.46M | 12.21M |
Liabilities | ||||
| Current liabilities: | ||||
Accounts payable | ||||
Deferred revenue | 2.43M | 0 | 0 | 0 |
Short term debt | 84K | 1.18M | 1.09M | 509.12K |
Total current liabilities | 16.20M | 5.09M | 2.88M | 5.71M |
| Non-current liabilities: | ||||
Long term debt | 3.92M | 250.57K | 1.92M | 2.52M |
Deferred tax | 0 | 0 | 0 | 0 |
Other non-current liabilities | 3K | 0 | 0 | 46.49K |
Total non-current liabilities | 3.92M | 250.57K | 1.92M | 2.57M |
Total liabilities | 20.13M | 5.34M | 4.80M | 8.28M |