Research Solutions
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Research Solutions's balance sheet done over the years? Its assets were worth $41,859,762 last year, which is more than in the previous period. 72% of Research Solutions’s total assets is currently financed by debt. Its liabilities reached the amount of $30,165,574, which means an increase by 108% compared compared to last year.
Debt to Assets
| 2015 | 6779580 | 5.68M | 83.88% |
|---|---|---|---|
| 2016 | 12371659 | 6.33M | 51.17% |
| 2017 | 12562341 | 8.21M | 65.42% |
| 2018 | 9960393 | 6.68M | 67.08% |
| 2019 | 10413329 | 7.38M | 70.89% |
| 2020 | 14812692 | 9.95M | 67.2% |
| 2021 | 16918624 | 11.49M | 67.92% |
| 2022 | 17026276 | 12.14M | 71.32% |
| 2023 | 21834727 | 14.50M | 66.43% |
| 2024 | 41859762 | 30.16M | 72.06% |
RSSS Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 6.10M | 13.54M | 10.60M | 11.00M | 9.31M | 5.35M | 4.90M | 5.77M | 6.07M | 1.35M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 6.87M | 6.15M | 5.25M | 4.71M | 4.44M | 4.49M | 4.25M | 5.46M | 5.76M | 4.88M |
Inventory | 0 | 1.20M | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
Other current assets | 1.71M | 1.60M | 1.12M | 1.17M | 962.11K | 323.59K | 420.22K | 566.28K | 338.27K | 442.77K |
Total current assets | 14.69M | 21.30M | 16.97M | 16.89M | 14.72M | 10.16M | 9.57M | 12.00M | 12.17M | 6.68M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 88.01K | 70.19K | 47.98K | 20.75K | 83.60K | 229.07K | 366.36K | 503.65K | 82.20K | 83.23K |
Goodwill | 16.31M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 10.76M | 462.06K | 0 | 0 | 0 | 0 | 0 | 41.87K | 104.84K | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 981 | 1.05K | 893 | 906 | 6.15K | 14.40K | 14.37K | 14.46K | 7.59K | 9.47K |
Total non-current assets | 27.16M | 533.31K | 48.87K | 21.66K | 89.76K | 243.47K | 380.73K | 559.99K | 194.64K | 92.70K |
Total assets | 41.85M | 21.83M | 17.02M | 16.91M | 14.81M | 10.41M | 9.96M | 12.56M | 12.37M | 6.77M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 9.02M | 6.42M | 5.53M | 4.80M | 3.52M | 2.31M | 1.66M | 1.33M | 639.83K | 75.31K |
Short term debt | 0 | 0 | -6.60M | -6.68M | 79.32K | 129.18K | 119.78K | 221.77K | -5.69M | 0 |
Total current liabilities | 17.86M | 14.50M | 12.14M | 11.49M | 9.95M | 7.30M | 6.47M | 7.88M | 6.33M | 5.68M |
| Non-current liabilities: | ||||||||||
Long term debt | 0 | 0 | 0 | 0 | 0 | 79.32K | 208.51K | 328.29K | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 12.29M | 0 | 5.53M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 12.29M | 0 | 5.53M | 0 | 0 | 79.32K | 208.51K | 328.29K | 0 | 0 |
Total liabilities | 30.16M | 14.50M | 12.14M | 11.49M | 9.95M | 7.38M | 6.68M | 8.21M | 6.33M | 5.68M |
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