Rito Group Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Rito Group Corp.'s balance sheet done over the years? Its assets were worth $697,015 last year, which is more than in the previous period. 87% of Rito Group Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $604,171, which means an increase by 292% compared compared to last year.
Debt to Assets
| 2015 | 81678 | 29.91K | 36.63% |
|---|---|---|---|
| 2016 | 493078 | 986.05K | 199.98% |
| 2017 | 91554 | 95.91K | 104.77% |
| 2018 | 1349173 | 478.91K | 35.5% |
| 2019 | 693369 | 154.04K | 22.22% |
| 2020 | 697015 | 604.17K | 86.68% |
RTTO Balance Sheet (2015 – 2020)
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | 64.52K | 349.08K | 1.06M | 80.48K | 449.32K | 70.77K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 213.05K | 123.28K | 23.83K | 9.76K | 30K | 0 |
Inventory | 0 | 0 | 19.08K | 0 | 0 | 0 |
Other current assets | 23.20K | 31.35K | 17.44K | 1.3K | 13.75K | 0 |
Total current assets | 300.78K | 503.71K | 1.12M | 91.55K | 493.07K | 70.77K |
Non-current assets: | ||||||
Property, Plant and Equipment | 396.23K | 189.65K | 222.17K | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 10.9K |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current assets | 396.23K | 189.65K | 222.17K | 0 | 0 | 10.9K |
Total assets | 697.01K | 693.36K | 1.34M | 91.55K | 493.07K | 81.67K |
Liabilities | ||||||
| Current liabilities: | ||||||
Accounts payable | ||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 142.19K | 8.88K | 7.39K | 26.91K | 0 | 0 |
Total current liabilities | 389.12K | 130.75K | 446.74K | 95.91K | 48.92K | 29.91K |
| Non-current liabilities: | ||||||
Long term debt | 215.04K | 23.28K | 32.16K | 0 | 937.12K | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 215.04K | 23.28K | 32.16K | 0 | 937.12K | 0 |
Total liabilities | 604.17K | 154.04K | 478.91K | 95.91K | 986.05K | 29.91K |
| Data source | Data source | Data source | Data source | Data source |