Summer Energy Holdings
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Summer Energy Holdings's balance sheet done over the years? Its assets were worth $93,037,838 last year, which is more than in the previous period. 96% of Summer Energy Holdings’s total assets is currently financed by debt. Its liabilities reached the amount of $89,529,824, which means an increase by 1% compared compared to last year.
Debt to Assets
| 2014 | 11164730 | 11.53M | 103.35% |
|---|---|---|---|
| 2015 | 14232367 | 12.09M | 84.98% |
| 2016 | 19783141 | 13.80M | 69.76% |
| 2017 | 33586600 | 22.05M | 65.68% |
| 2018 | 44396935 | 36.15M | 81.44% |
| 2019 | 51497772 | 46.46M | 90.22% |
| 2020 | 52630104 | 52.18M | 99.16% |
| 2021 | 101432578 | 86.47M | 85.25% |
| 2022 | 89174607 | 88.30M | 99.03% |
| 2023 | 93037838 | 89.52M | 96.23% |
SUME Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 814.54K | 2.20M | 2.91M | 2.17M | 814.36K | 451.99K | 313.75K | 1.52M | 382.49K | 550.34K |
Short term investments | 5.32M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 81.87M | 76.46M | 92.20M | 45.81M | 41.84M | 34.27M | 27.13M | 15.65M | 12.73M | 8.68M |
Inventory | 0 | 2.99M | 1.79M | 0 | 0 | 0 | -3 | 3 | 1 | 0 |
Other current assets | 3.50M | 7.13M | 3.92M | 3.63M | 6.81M | 7.41M | 2.59M | 2.23M | 740.23K | 1.43M |
Total current assets | 91.51M | 88.80M | 100.84M | 51.62M | 49.47M | 42.13M | 30.03M | 19.40M | 13.85M | 10.67M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.52M | 287.88K | 383.50K | 572.14K | 1.03M | 82.20K | 156.36K | 238.79K | 372.51K | 473.04K |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 984.42K | 2.16M | 3.34M | 0 | 0 | 0 |
Long term investments | 0 | 52K | 52K | 52K | 52K | 52K | 52K | 52K | 52K | 0 |
Other non-current assets | 3.33K | 27.01K | 151.10K | 377.2K | 3.12K | 9.37K | 44.97K | 82.91K | -52K | 15.04K |
Total non-current assets | 1.52M | 366.89K | 586.61K | 1.00M | 2.02M | 2.25M | 3.54M | 373.70K | 372.51K | 488.09K |
Total assets | 93.03M | 89.17M | 101.43M | 52.63M | 51.49M | 44.39M | 33.58M | 19.78M | 14.23M | 11.16M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 20.61M | 14.34M | 5.77M | 6.14M | 7.03M | 0 | 3.30M | 0 | 3.11M | 1.01M |
Total current liabilities | 88.21M | 88.30M | 77.31M | 37.50M | 36.19M | 24.19M | 22.05M | 11.30M | 12.09M | 11.53M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.31M | 0 | 9.16M | 14.67M | 10.26M | 11.95M | 0 | 2.5M | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 17.16M | 0 | 0 | -1 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 1.31M | 17.16M | 9.16M | 14.67M | 10.26M | 11.95M | 3.91M | 2.5M | 3.46M | 1.31M |
Total liabilities | 89.52M | 88.30M | 86.47M | 52.18M | 46.46M | 36.15M | 22.05M | 13.80M | 12.09M | 11.53M |
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