SilverSun Technologies
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has SilverSun Technologies's balance sheet done over the years? Its assets were worth $20,495,701 last year, which is less than in the previous period. 64% of SilverSun Technologies’s total assets is currently financed by debt. Its liabilities reached the amount of $13,023,091, which means an increase by 10% compared compared to last year.
Debt to Assets
| 2014 | 5056830 | 5.04M | 99.73% |
|---|---|---|---|
| 2015 | 8483549 | 6.92M | 81.65% |
| 2016 | 10659429 | 5.68M | 53.37% |
| 2017 | 10412248 | 6.18M | 59.4% |
| 2018 | 11744385 | 7.41M | 63.1% |
| 2019 | 18953272 | 10.05M | 53.07% |
| 2020 | 15901408 | 8.62M | 54.22% |
| 2021 | 17998762 | 8.64M | 48.01% |
| 2022 | 21438067 | 11.88M | 55.44% |
| 2023 | 20495701 | 13.02M | 63.54% |
SSNT Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 6.14M | 8.00M | 6.81M | 6.59M | 8.65M | 1.90M | 2.23M | 1.62M | 1.19M | 1.30M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 3.16M | 2.60M | 2.21M | 1.63M | 3.86M | 2.55M | 2.76M | 2.96M | 3.21M | 2.32M |
Inventory | 1 | 1.51M | 1 | 0 | 0 | 1 | 1 | 355K | 38K | 38K |
Other current assets | 1.75M | 1.57M | 1.68M | 400.82K | 455.43K | 434.30K | 403.91K | 331.09K | 443.61K | 233.77K |
Total current assets | 11.06M | 13.69M | 10.71M | 8.62M | 12.97M | 4.88M | 5.40M | 5.27M | 4.89M | 3.86M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.02M | 1.03M | 1.60M | 1.89M | 1.41M | 688.12K | 567.53K | 466.20K | 425.34K | 295.05K |
Goodwill | 1.13M | 1.13M | 1.01M | 1.01M | 891K | 885K | 401K | 401K | 401K | 56K |
Intangible assets | 4.91M | 4.26M | 3.49M | 3.12M | 2.60M | 3.95M | 2.64M | 2.43M | 2.57M | 809.48K |
Long term investments | 4.91M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | -4.01M | 187.55K | 190.80K | 198.72K | 192.15K | 39.79K | 36.31K | 28.88K | 29.88K | 26.72K |
Total non-current assets | 9.43M | 7.73M | 7.28M | 7.27M | 5.97M | 6.85M | 5.00M | 5.38M | 3.58M | 1.18M |
Total assets | 20.49M | 21.43M | 17.99M | 15.90M | 18.95M | 11.74M | 10.41M | 10.65M | 8.48M | 5.05M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 3.16M | 3.75M | 2.47M | 2.03M | 2.00M | 1.84M | 2.15M | 1.69M | 2.36M | 2.21M |
Short term debt | 1.11M | 1.26M | 1.03M | 1.14M | 833.54K | 513.70K | 352.28K | 401.39K | 390.2K | 239.84K |
Total current liabilities | 11.52M | 10.75M | 7.38M | 6.72M | 8.65M | 6.23M | 5.84M | 5.11M | 5.56M | 4.73M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.50M | 1.13M | 1.25M | 1.89M | 1.39M | 1.17M | 297.24K | 546.6K | 1.08M | 309.84K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 185K | 197K | -937.34K | 624K | 220K | 42.25K | 31.68K | 272.21K | 0 |
Total non-current liabilities | 1.50M | 1.13M | 1.25M | 1.89M | 1.39M | 1.17M | 339.49K | 578.28K | 1.35M | 309.84K |
Total liabilities | 13.02M | 11.88M | 8.64M | 8.62M | 10.05M | 7.41M | 6.18M | 5.68M | 6.92M | 5.04M |
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