SolarBank
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has SolarBank's balance sheet done over the years? Its assets were worth $39,225,861 last year, which is more than in the previous period. 52% of SolarBank’s total assets is currently financed by debt. Its liabilities reached the amount of $20,501,560, which means an increase by 226% compared compared to last year.
Debt to Assets
| 2023 | 18837018 | 6.29M | 33.39% |
|---|---|---|---|
| 2024 | 39225861 | 20.50M | 52.27% |
SUUN Balance Sheet (2023 – 2024)
| 2024 | 2023 | |
|---|---|---|
Assets | ||
Current assets: | ||
Cash and cash equivalents | 5.27M | 565.36K |
Short term investments | 920K | 4.94M |
Net receivables | 1.78M | 8.48M |
Inventory | 6.53M | 338.51K |
Other current assets | 3.12M | 7.60M |
Total current assets | 17.62M | 16.63M |
Non-current assets: | ||
Property, Plant and Equipment | 4.54M | 825.78K |
Goodwill | 438.75K | 0 |
Intangible assets | 10.91M | 1.10M |
Long term investments | 5.15M | 545.06K |
Other non-current assets | 554.36K | -271.75K |
Total non-current assets | 21.59M | 2.20M |
Total assets | 39.22M | 18.83M |
Liabilities | ||
| Current liabilities: | ||
Accounts payable | ||
Deferred revenue | 4.60M | 868.02K |
Short term debt | 1.90M | 196.07K |
Total current liabilities | 13.38M | 5.34M |
| Non-current liabilities: | ||
Long term debt | 5.37M | 887.60K |
Deferred tax | 0 | 0 |
Other non-current liabilities | 366.36K | 58.75K |
Total non-current liabilities | 7.11M | 946.36K |
Total liabilities | 20.50M | 6.29M |
| Data source |