Titan Medical
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Titan Medical's balance sheet done over the years? Its assets were worth $47,222,000 last year, which is more than in the previous period. 25% of Titan Medical’s total assets is currently financed by debt. Its liabilities reached the amount of $11,929,000, which means an decrease by -73% compared compared to last year.
Debt to Assets
| 2012 | 5770000 | 1.11M | 19.24% |
|---|---|---|---|
| 2013 | 3210000 | 1.19M | 37.07% |
| 2014 | 0 | 0 | |
| 2015 | 12886310 | 13.29M | 103.19% |
| 2016 | 7192500 | 6.59M | 91.73% |
| 2017 | 29670000 | 20.07M | 67.64% |
| 2018 | 21915160 | 17.69M | 80.76% |
| 2019 | 3381580 | 15.06M | 445.45% |
| 2020 | 29838135 | 43.64M | 146.28% |
| 2021 | 47222000 | 11.92M | 25.26% |
TMDI Balance Sheet (2012 – 2021)
| 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 32.30M | 25.46M | 814.49K | 100.13K | 26.13M | 128.41K | 417.75K | 548.66K | 260K | 160K |
Short term investments | 0 | 0 | 0 | 11.37M | 0 | 4.21M | 10.77M | 33.37M | 2.19M | 4.5M |
Net receivables | 8.28M | 71.56K | 84.1K | 143.23K | 80K | 176.01K | 57.75K | 0 | 40K | 70K |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 3.07M | 1.40M | 850.85K | 9.12M | 2.68M | 2.08M | 1.17M | 0 | 460K | 500K |
Total current assets | 43.66M | 26.94M | 1.74M | 20.74M | 28.89M | 6.59M | 12.43M | 33.92M | 2.95M | 5.23M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.64M | 1.11M | 30.39K | 0 | 10K | 9.35K | 4.52K | 0 | 30K | 340K |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 1.91M | 1.77M | 1.60M | 1.17M | 770K | 584.11K | 448.56K | 0 | 240K | 200K |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | 0 | 0 | -10 | 0 | 10 | 0 | 0 | -10K | 0 |
Total non-current assets | 3.56M | 2.88M | 1.63M | 1.17M | 780K | 593.47K | 453.08K | 0 | 260K | 540K |
Total assets | 47.22M | 29.83M | 3.38M | 21.91M | 29.67M | 7.19M | 12.88M | 0 | 3.21M | 5.77M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 56K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 346K | 2.05M | 21.07K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 10.89M | 42.89M | 15.05M | 17.69M | 20.07M | 6.59M | 13.29M | 0 | 1.19M | 1.11M |
| Non-current liabilities: | ||||||||||
Long term debt | 981K | 0 | 8K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.03M | 750.79K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 1.03M | 750.79K | 8K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total liabilities | 11.92M | 43.64M | 15.06M | 17.69M | 20.07M | 6.59M | 13.29M | 0 | 1.19M | 1.11M |
| Data source | Data source | Data source |