Southern Empire Resources 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 Southern Empire Resources Corp.'s balance sheet done over the years? Its assets were worth $12,268,401 last year, which is less than in the previous period. 7% of Southern Empire Resources Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $850,033, which means an increase by 63% compared compared to last year.
Debt to Assets
| 2017 | 145001 | 5.96K | 4.11% |
|---|---|---|---|
| 2018 | 298937 | 12.49K | 4.18% |
| 2019 | 415012 | 249.65K | 60.16% |
| 2020 | 15882659 | 144.68K | 0.91% |
| 2021 | 14881310 | 576.28K | 3.87% |
| 2022 | 15617945 | 520.65K | 3.33% |
| 2023 | 12268401 | 850.03K | 6.93% |
SMP.V Balance Sheet (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 48.55K | 43.60K | 29.32K | 3.66M | 390.81K | 298.93K | 144.97K |
Short term investments | 195.65K | 2.93M | 4.02M | 3.21M | 0 | 0 | 0 |
Net receivables | 85.82K | 55.54K | 17.71K | 113.70K | 0 | 0 | 0 |
Inventory | 0 | 0 | 1 | 0 | 0 | 0 | -22 |
Other current assets | 42.27K | 37.53K | 77.72K | 208.38K | 24.19K | 0 | 0 |
Total current assets | 372.29K | 3.07M | 4.14M | 7.20M | 415.01K | 298.93K | 145.00K |
Non-current assets: | |||||||
Property, Plant and Equipment | 11.80M | 12.46M | 10.64M | 8.59M | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 87.45K | 87.45K | 87.45K | 79.75K | 0 | 0 | 0 |
Other non-current assets | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current assets | 11.89M | 12.54M | 10.73M | 8.67M | 0 | 0 | 0 |
Total assets | 12.26M | 15.61M | 14.88M | 15.88M | 415.01K | 298.93K | 145.00K |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 850.03K | 520.65K | 576.28K | 144.68K | 249.65K | 12.49K | 5.96K |
| Non-current liabilities: | |||||||
Long term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total liabilities | 850.03K | 520.65K | 576.28K | 144.68K | 249.65K | 12.49K | 5.96K |