Reflect Scientific
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Reflect Scientific's balance sheet done over the years? Its assets were worth $2,668,903 last year, which is more than in the previous period. 29% of Reflect Scientific’s total assets is currently financed by debt. Its liabilities reached the amount of $776,329, which means an increase by 419% compared compared to last year.
Debt to Assets
| 2014 | 843424 | 1.40M | 167.17% |
|---|---|---|---|
| 2015 | 706374 | 151.67K | 21.47% |
| 2016 | 630555 | 59.06K | 9.37% |
| 2017 | 579845 | 124.41K | 21.46% |
| 2018 | 592671 | 74.92K | 12.64% |
| 2019 | 1078780 | 525.75K | 48.74% |
| 2020 | 1676450 | 463.30K | 27.64% |
| 2021 | 2478948 | 299.24K | 12.07% |
| 2022 | 2446194 | 149.59K | 6.12% |
| 2023 | 2668903 | 776.32K | 29.09% |
RSCF Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.27M | 1.38M | 1.47M | 642.54K | 555.15K | 220.42K | 235.85K | 263.96K | 292.08K | 271.05K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 108.19K | 129.32K | 175.64K | 340.42K | 118.45K | 155.54K | 122.43K | 73.42K | 136.36K | 256.17K |
Inventory | 972.29K | 797.35K | 624.48K | 438.60K | 252.85K | 142.32K | 155.35K | 226.96K | 206.40K | 215.95K |
Other current assets | 11.71K | 20.22K | 31.30K | 24.13K | 27.48K | 3.51K | 3.1K | 3.1K | 3.1K | 3.1K |
Total current assets | 2.37M | 2.32M | 2.30M | 1.44M | 953.94K | 521.80K | 516.74K | 567.45K | 637.95K | 746.28K |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 235.65K | 54.26K | 110.48K | 167.64K | 61.73K | 7.76K | 0 | 0 | 0 | 0 |
Goodwill | 60K | 60K | 60K | 60K | 60K | 60K | 60K | 60K | 60K | 60K |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.31K | 34.04K |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 3.1K | 3.1K | 3.1K | 3.1K | 3.1K | 3.1K | 3.1K | 3.1K | 3.1K | 3.1K |
Total non-current assets | 298.75K | 117.36K | 173.58K | 230.74K | 124.83K | 70.86K | 63.1K | 63.1K | 68.41K | 97.14K |
Total assets | 2.66M | 2.44M | 2.47M | 1.67M | 1.07M | 592.67K | 579.84K | 630.55K | 706.37K | 843.42K |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 447.44K | 13.23K | 118.56K | 113.64K | 349.44K | 12.5K | 70.81K | 0 | 57.83K | 18.83K |
Short term debt | 125.36K | 57.39K | 56.44K | 58.68K | 55.05K | 9.87K | 0 | 0 | 9.39K | 651.33K |
Total current liabilities | 596.36K | 149.59K | 241.84K | 242.62K | 513.20K | 74.92K | 124.41K | 59.06K | 151.67K | 1.40M |
| Non-current liabilities: | ||||||||||
Long term debt | 179.96K | 57.39K | 57.39K | 220.68K | 12.55K | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 92.19K | 0 | 0 | 0 | 74.82K | 0 | 58.96K | 0 | 0 |
Total non-current liabilities | 179.96K | 149.59K | 57.39K | 220.68K | 12.55K | 74.82K | 124.31K | 58.96K | 151.57K | 748.51K |
Total liabilities | 776.32K | 149.59K | 299.24K | 463.30K | 525.75K | 74.92K | 124.41K | 59.06K | 151.67K | 1.40M |
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