Switch
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Switch's balance sheet done over the years? Its assets were worth $2,918,618,000 last year, which is more than in the previous period. 79% of Switch’s total assets is currently financed by debt. Its liabilities reached the amount of $2,299,977,000, which means an increase by 53% compared compared to last year.
Debt to Assets
| 2015 | 647578000 | 362.88M | 56.04% |
|---|---|---|---|
| 2016 | 921015000 | 642.65M | 69.78% |
| 2017 | 1434759000 | 692.62M | 48.27% |
| 2018 | 1460030000 | 751.67M | 51.48% |
| 2019 | 1773743000 | 1.14B | 64.61% |
| 2020 | 2114456000 | 1.50B | 71.11% |
| 2021 | 2918618000 | 2.29B | 78.8% |
SWCH Balance Sheet (2015 – 2021)
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|
Assets | |||||||
Current assets: | |||||||
Cash and cash equivalents | 48.32M | 90.71M | 24.72M | 81.56M | 264.66M | 22.71M | 14.19M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 18.36M | 21.72M | 23.36M | 17.65M | 16.38M | 9.13M | 8.47M |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 16.77M | 10.40M | 10.95M | 9.11M | 7.13M | 5.97M | 6.03M |
Total current assets | 83.47M | 122.84M | 59.04M | 108.32M | 288.19M | 37.81M | 28.70M |
Non-current assets: | |||||||
Property, Plant and Equipment | 2.23B | 1.73B | 1.55B | 1.30B | 1.13B | 874.25M | 598.23M |
Goodwill | 106.35M | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 125.75M | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | 169K | 10.39M |
Other non-current assets | 70.28M | 50.99M | 49.21M | 20.38M | 12.99M | 8.77M | 10.24M |
Total non-current assets | 2.83B | 1.99B | 1.71B | 1.35B | 1.14B | 883.19M | 618.87M |
Total assets | 2.91B | 2.11B | 1.77B | 1.46B | 1.43B | 921.01M | 647.57M |
Liabilities | |||||||
| Current liabilities: | |||||||
Accounts payable | |||||||
Deferred revenue | 33.24M | 27.21M | 25.82M | 20.76M | 20.11M | 14.09M | 13.76M |
Short term debt | 7.28M | 3.51M | 10.81M | 6M | 7.50M | 18.33M | 9.35M |
Total current liabilities | 168.58M | 103.6M | 113.93M | 75.02M | 65.28M | 145.67M | 52.18M |
| Non-current liabilities: | |||||||
Long term debt | 1.70B | 991.21M | 745.37M | 580.56M | 607.95M | 457.73M | 283.15M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 403.97M | 384.81M | 258.94M | 21.28M | 0 | 21.53M | 21.47M |
Total non-current liabilities | 2.13B | 1.39B | 1.03B | 676.65M | 627.34M | 496.97M | 310.7M |
Total liabilities | 2.29B | 1.50B | 1.14B | 751.67M | 692.62M | 642.65M | 362.88M |
| Data source | Data source | Data source | Data source | Data source |