The Reserve Petroleum Company
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has The Reserve Petroleum Company's balance sheet done over the years? Its assets were worth $36,386,990 last year, which is less than in the previous period. 15% of The Reserve Petroleum Company’s total assets is currently financed by debt. Its liabilities reached the amount of $5,637,386, which means an decrease by -11% compared compared to last year.
Debt to Assets
| 2014 | 44170994 | 7.42M | 16.82% |
|---|---|---|---|
| 2015 | 38187899 | 4.96M | 13% |
| 2016 | 36948544 | 4.68M | 12.69% |
| 2017 | 36303600 | 4.18M | 11.52% |
| 2018 | 37968911 | 4.38M | 11.55% |
| 2019 | 35724295 | 3.59M | 10.07% |
| 2020 | 32147711 | 2.76M | 8.59% |
| 2021 | 33346044 | 3.54M | 10.64% |
| 2022 | 38727133 | 6.34M | 16.38% |
| 2023 | 36386990 | 5.63M | 15.49% |
RSRV Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 5.21M | 7.29M | 10.12M | 16.18M | 2.73M | 6.42M | 4.76M | 8.07M | 13.93M | 15.20M |
Short term investments | 4.88M | 6.51M | 9.14M | 4.05M | 19.06M | 16.70M | 16.93M | 13.91M | 9.05M | 7.09M |
Net receivables | 2.68M | 2.43M | 2.18M | 1.29M | 1.07M | 1.08M | 1.33M | 1.30M | 1.13M | 2.29M |
Inventory | 0 | -2.42M | 1 | -496.77K | -109.99K | 1 | -501.83K | -473.70K | -410.72K | -445.47K |
Other current assets | 0 | 2.42M | 350.92K | 496.77K | 109.99K | 234.54K | 0 | 1.01M | 0 | 86.85K |
Total current assets | 12.78M | 16.24M | 21.45M | 21.52M | 22.87M | 24.21M | 23.03M | 23.29M | 24.12M | 24.68M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 15.44M | 14.92M | 7.55M | 7.47M | 9.51M | 11.18M | 10.64M | 10.92M | 12.22M | 18.06M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 1.95B | 0 | 0 | 0 | 0 | 2.85M | 0 | 0 | 0 |
Long term investments | 8.15M | 7.55M | 4.21M | 3.02M | 2.64M | 2.57M | 2.62M | 2.72M | 1.84M | 1.02M |
Other non-current assets | 0 | -1.95B | 112.4K | 120.44K | 687.04K | -1.35M | -4.33M | -2.55M | -38.49K | 391.29K |
Total non-current assets | 23.59M | 22.47M | 11.88M | 10.61M | 12.84M | 13.75M | 13.27M | 13.65M | 14.06M | 19.48M |
Total assets | 36.38M | 38.72M | 33.34M | 32.14M | 35.72M | 37.96M | 36.30M | 36.94M | 38.18M | 44.17M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 142.13K | 136.63K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 692.77K | 612.04K | 523.66K | 263.49K | 182.01K | 343.63K | 260.25K | 187.33K | 264.14K | 1.08M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.15M | 1.30M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 3.78M | 2.80M | 2.47M | 1.93M | 2.49M | 2.83M | 3.00M | 2.98M | 3.08M | 3.09M |
Total non-current liabilities | 4.94M | 5.72M | 3.02M | 2.49M | 3.41M | 4.04M | 3.92M | 4.50M | 4.69M | 6.34M |
Total liabilities | 5.63M | 6.34M | 3.54M | 2.76M | 3.59M | 4.38M | 4.18M | 4.68M | 4.96M | 7.42M |
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