Think Research
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Think Research's balance sheet done over the years? Its assets were worth $122,879,000 last year, which is less than in the previous period. 72% of Think Research’s total assets is currently financed by debt. Its liabilities reached the amount of $88,080,000, which means an increase by 2% compared compared to last year.
Debt to Assets
| 2020 | 12220000 | 25.59M | 209.44% |
|---|---|---|---|
| 2021 | 136035000 | 86.12M | 63.31% |
| 2022 | 122879000 | 88.08M | 71.68% |
THNK.V Balance Sheet (2020 – 2022)
| 2022 | 2021 | 2020 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 3.41M | 6.32M | 1.37M |
Short term investments | 0 | 0 | 0 |
Net receivables | 14.29M | 15.71M | 3.83M |
Inventory | 0 | 0 | 0 |
Other current assets | 2.94M | 3.73M | 3.00M |
Total current assets | 20.66M | 25.77M | 8.21M |
Non-current assets: | |||
Property, Plant and Equipment | 11.38M | 13.80M | 2.96M |
Goodwill | 47.37M | 45.53M | 527K |
Intangible assets | 34.03M | 41.39M | 383K |
Long term investments | 0 | 0 | 0 |
Other non-current assets | 9.42M | 9.52M | 134K |
Total non-current assets | 102.21M | 110.26M | 4.00M |
Total assets | 122.87M | 136.03M | 12.22M |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | 12.34M | 11.64M | 5.08M |
Short term debt | 26.84M | 2.61M | 10.13M |
Total current liabilities | 59.94M | 37.10M | 19.62M |
| Non-current liabilities: | |||
Long term debt | 19.65M | 36.62M | 1.15M |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 1.97M | 2.49M | 4.38M |
Total non-current liabilities | 28.13M | 49.01M | 5.97M |
Total liabilities | 88.08M | 86.12M | 25.59M |