Tower Resources Ltd.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Tower Resources Ltd.'s balance sheet done over the years? Its assets were worth $8,778,148 last year, which is more than in the previous period. 3% of Tower Resources Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $282,463, which means an decrease by -35% compared compared to last year.
Debt to Assets
| 2014 | 4393963 | 127.02K | 2.89% |
|---|---|---|---|
| 2015 | 4056024 | 51.95K | 1.28% |
| 2016 | 2767419 | 437.16K | 15.8% |
| 2017 | 5383766 | 92.59K | 1.72% |
| 2018 | 4913016 | 58.04K | 1.18% |
| 2019 | 4830024 | 66.06K | 1.37% |
| 2020 | 5214026 | 194.62K | 3.73% |
| 2021 | 7124932 | 509.28K | 7.15% |
| 2022 | 8115183 | 434.62K | 5.36% |
| 2023 | 8778148 | 282.46K | 3.22% |
TWR.V Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 723.77K | 1.36M | 1.71M | 275.49K | 121.72K | 615.37K | 2.46M | 1.11M | 378.66K | 709.01K |
Short term investments | 10.90K | 5.93K | 31.5K | 47.25K | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 26.08K | 24.47K | 34.67K | 188.18K | 650.17K | 48.08K | 17.73K | 54.06K | 13.36K | 33.69K |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 8.56K | 19.34K | 17.86K | 18.10K | 8.1K | 0 | 22.42K | 0 | 15.95K | 22.94K |
Total current assets | 769.33K | 1.41M | 1.79M | 529.03K | 779.99K | 692.41K | 2.50M | 1.17M | 407.98K | 765.65K |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 7.92M | 6.61M | 5.24M | 4.60M | 3.97M | 4.14M | 2.76M | 1.53M | 3.58M | 3.52M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 80K | 80K | 80K | 80K | 80K | 0 | 45K | 0 | 0 | 0 |
Other non-current assets | 0 | 0 | 0 | 0 | 0 | 80K | 70K | 55K | 60K | 100K |
Total non-current assets | 8.00M | 6.69M | 5.32M | 4.68M | 4.05M | 4.22M | 2.88M | 1.59M | 3.64M | 3.62M |
Total assets | 8.77M | 8.11M | 7.12M | 5.21M | 4.83M | 4.91M | 5.38M | 2.76M | 4.05M | 4.39M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 282.46K | 434.62K | 509.28K | 194.62K | 66.06K | 58.04K | 92.59K | 437.16K | 38.95K | 114.02K |
| Non-current liabilities: | ||||||||||
Long term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13K | 13K |
Total non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 1.23K | 0 | 13K | 13K |
Total liabilities | 282.46K | 434.62K | 509.28K | 194.62K | 66.06K | 58.04K | 92.59K | 437.16K | 51.95K | 127.02K |