ReneSola Ltd
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has ReneSola Ltd's balance sheet done over the years? Its assets were worth $478,351,000 last year, which is less than in the previous period. 24% of ReneSola Ltd’s total assets is currently financed by debt. Its liabilities reached the amount of $115,042,000, which means an increase by 14% compared compared to last year.
Debt to Assets
| 2014 | 1674239000 | 1.53B | 91.61% |
|---|---|---|---|
| 2015 | 1346319000 | 1.23B | 91.69% |
| 2016 | 1088406000 | 1.02B | 93.92% |
| 2017 | 335698792 | 245.21M | 73.05% |
| 2018 | 377714000 | 253.04M | 66.99% |
| 2019 | 319943000 | 182.39M | 57.01% |
| 2020 | 337353000 | 153.61M | 45.54% |
| 2021 | 529270000 | 80.85M | 15.28% |
| 2022 | 500509000 | 100.98M | 20.18% |
| 2023 | 478351000 | 115.04M | 24.05% |
SOL Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 70.17M | 107.10M | 254.06M | 40.59M | 24.29M | 6.75M | 13.42M | 37.33M | 38.04M | 99.84M |
Short term investments | 0 | 11.52M | 8.04M | 0 | 0 | 0 | 0 | 0 | 56.25K | 0 |
Net receivables | 93.82M | 86.13M | 50.42M | 24.25M | 21.34M | 47.29M | 38.67M | 133.00M | 189.41M | 156.63M |
Inventory | -49K | 1.2M | 594K | 2.49M | 19.23M | 2.65M | 41.41M | 143.97M | 193.17M | 357.36M |
Other current assets | 62.50M | 32.46M | 24.40M | 69.81M | 38.19M | 78.57M | 117.97M | 71.01M | 245.25M | 276.12M |
Total current assets | 226.45M | 226.90M | 329.48M | 137.16M | 103.06M | 135.27M | 170.07M | 507.49M | 637.75M | 859.53M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 198.36M | 217.57M | 167.14M | 168.74M | 192.28M | 190.78M | 154.65M | 523.10M | 667.70M | 789.87M |
Goodwill | 0 | 1.02M | 1.02M | 1.02M | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 37.23M | 39.57M |
Long term investments | 0 | 10.04M | 0 | 0 | 406.82K | 0 | 0 | 0 | -37.23M | -39.57M |
Other non-current assets | 53.53M | 44.24M | 30.83M | 29.24M | 23.76M | 50.54M | 10.90M | 42.26M | 30.62M | 11.14M |
Total non-current assets | 251.90M | 273.60M | 199.78M | 200.19M | 216.88M | 242.43M | 165.62M | 580.91M | 708.56M | 814.70M |
Total assets | 478.35M | 500.50M | 529.27M | 337.35M | 319.94M | 377.71M | 335.69M | 1.08B | 1.34B | 1.67B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 8.55M | 3.64M | 82K | 901K | 86K | 103K | 21.02M | 21.99M | 28.10M | 84.41M |
Short term debt | 11.22M | 12.21M | 12.09M | 50.20M | 48.29M | 44.46M | 6.60M | 595.43M | 694.93M | 654.67M |
Total current liabilities | 56.99M | 42.60M | 35.1M | 88.24M | 109.40M | 133.73M | 145.19M | 904.43M | 1.10B | 1.33B |
| Non-current liabilities: | ||||||||||
Long term debt | 54.51M | 58.37M | 45.75M | 65.37M | 72.99M | 119.31M | 100.01M | 28.83M | 38.77M | 138.05M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | -3.57M | -61.51K | -11.00M | -3.36M | 0 | 0 | 35.66M | 91.74M | 59.00M |
Total non-current liabilities | 58.05M | 58.37M | 45.75M | 65.37M | 72.99M | 119.31M | 100.01M | 117.82M | 130.52M | 197.05M |
Total liabilities | 115.04M | 100.98M | 80.85M | 153.61M | 182.39M | 253.04M | 245.21M | 1.02B | 1.23B | 1.53B |
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