Spectrum Global 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 Spectrum Global Solutions's balance sheet done over the years? Its assets were worth $4,327,392 last year, which is less than in the previous period. 317% of Spectrum Global Solutions’s total assets is currently financed by debt. Its liabilities reached the amount of $13,702,629, which means an decrease by -17% compared compared to last year.
Debt to Assets
| 2012 | 297326 | 1.26M | 426.8% |
|---|---|---|---|
| 2013 | 179344 | 1.26M | 706.41% |
| 2014 | 1751326 | 1.28M | 73.58% |
| 2015 | 339720 | 1.52M | 448.75% |
| 2016 | 171027 | 2.57M | 1505% |
| 2017 | 4505340 | 10.93M | 242.65% |
| 2018 | 12930396 | 18.01M | 139.34% |
| 2019 | 12168818 | 16.60M | 136.42% |
| 2020 | 4327392 | 13.70M | 316.65% |
SGSI Balance Sheet (2012 – 2020)
| 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||
Current assets: | |||||||||
Cash and cash equivalents | 580.8K | 468.81K | 620.59K | 28.89K | 1.11K | 7.44K | 931.88K | 25.38K | 215.6K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 2.64M | 5.62M | 8.42M | 1.47M | 7.35K | 25.52K | 163.59K | 19.91K | 16.12K |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.5K |
Other current assets | 13.02K | 200.11K | 22.68K | 41.06K | 4.78K | 133.23K | 504.69K | 34.52K | 40.14K |
Total current assets | 3.24M | 6.29M | 9.06M | 1.54M | 13.26K | 166.20K | 1.60M | 79.82K | 274.36K |
Non-current assets: | |||||||||
Property, Plant and Equipment | 131.00K | 261.45K | 61.25K | 61.15K | 72.62K | 90.20K | 94.23K | 70.77K | 22.96K |
Goodwill | 331.22K | 1.90M | 1.83M | 1.50M | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 622.56K | 3.67M | 1.93M | 1.36M | 62.61K | 54.57K | 29.54K | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | 25.74K | 29.88K | 27.93K | 22.51K | 28.73K | 27.37K | 28.75K | 0 |
Total non-current assets | 1.08M | 5.87M | 3.86M | 2.96M | 157.76K | 173.51K | 151.15K | 99.52K | 22.96K |
Total assets | 4.32M | 12.16M | 12.93M | 4.50M | 171.02K | 339.72K | 1.75M | 179.34K | 297.32K |
Liabilities | |||||||||
| Current liabilities: | |||||||||
Accounts payable | |||||||||
Deferred revenue | 287.77K | 704.54K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 1.65M | 10.08M | 0 | 2.42M | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 9.35M | 16.08M | 17.53M | 10.93M | 2.57M | 1.52M | 1.25M | 1.20M | 1.20M |
| Non-current liabilities: | |||||||||
Long term debt | 3.49M | 28.32K | 0 | 0 | 0 | 0 | 16.64K | 31.34K | 60.29K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 846.53K | 484.53K | 484.53K | 4.79M | 3.30K | 613.87K | 19.85K | 29.17K | 0 |
Total non-current liabilities | 4.34M | 512.85K | 484.53K | 4.79M | 3.30K | 613.87K | 36.49K | 60.52K | 60.29K |
Total liabilities | 13.70M | 16.60M | 18.01M | 10.93M | 2.57M | 1.52M | 1.28M | 1.26M | 1.26M |
| Data source | Data source |