Simply Better Brands 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 Simply Better Brands Corp.'s balance sheet done over the years? Its assets were worth $19,538,766 last year, which is less than in the previous period. 139% of Simply Better Brands Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $27,179,575, which means an increase by 7% compared compared to last year.
Debt to Assets
| 2019 | 3718533 | 1.31M | 35.25% |
|---|---|---|---|
| 2020 | 12090701 | 25.80M | 213.41% |
| 2021 | 21805258 | 23.86M | 109.42% |
| 2022 | 36630154 | 25.48M | 69.59% |
| 2023 | 19538766 | 27.17M | 139.11% |
SBBC.V Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 2.33M | 2.34M | 2.23M | 8.30M | 1.06M |
Short term investments | 0 | 0 | 0 | 0 | 0 |
Net receivables | 2.49M | 4.75M | 400.81K | 661.95K | 864.93K |
Inventory | 6.16M | 3.55M | 1.98M | 833.93K | 1.27M |
Other current assets | 3.10M | 4.48M | 2.05M | 1.87M | 367.15K |
Total current assets | 14.10M | 15.13M | 6.66M | 11.67M | 3.56M |
Non-current assets: | |||||
Property, Plant and Equipment | 914 | 11.87K | 30.20K | 78.33K | 139.70K |
Goodwill | 3.90M | 14.83M | 5.23M | 0 | 0 |
Intangible assets | 1.53M | 6.32M | 9.53M | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 1.53K | 328.78K | 337.29K | 335.05K | 10.05K |
Total non-current assets | 5.43M | 21.49M | 15.13M | 413.38K | 149.75K |
Total assets | 19.53M | 36.63M | 21.80M | 12.09M | 3.71M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 37.01K | 82.76K | 44.84K | 45.72K |
Short term debt | 18.88M | 18.13M | 16.34M | 3.73M | 42.34K |
Total current liabilities | 26.62M | 24.47M | 18.51M | 4.48M | 1.22M |
| Non-current liabilities: | |||||
Long term debt | 552.39K | 1.01M | 4.31M | 12.71M | 86.38K |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 8.60M | 0 |
Total non-current liabilities | 552.39K | 1.01M | 5.34M | 21.31M | 86.38K |
Total liabilities | 27.17M | 25.48M | 23.86M | 25.80M | 1.31M |