United Time Technology Co., 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 United Time Technology Co., Ltd.'s balance sheet done over the years? Its assets were worth $313,139,000 last year, which is more than in the previous period. 87% of United Time Technology Co., Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $272,407,000, which means an increase by 46% compared compared to last year.
Debt to Assets
| 2018 | 230594000 | 199.89M | 86.69% |
|---|---|---|---|
| 2019 | 188160000 | 170.88M | 90.82% |
| 2020 | 168118000 | 128.18M | 76.24% |
| 2021 | 173581000 | 148.40M | 85.49% |
| 2022 | 250639000 | 186.17M | 74.28% |
| 2023 | 313139000 | 272.40M | 86.99% |
UTME Balance Sheet (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | 71.93M | 66.69M | 8.97M | 554K | 7.40M | 7.15M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 85.23M | 50.69M | 42.27M | 49.82M | 77.54M | 110.72M |
Inventory | 16.16M | 36.07M | 31.72M | 28.67M | 29.48M | 42.00M |
Other current assets | 63.66M | 1K | 2K | 37.24M | 576K | 1.46M |
Total current assets | 237.00M | 192.91M | 130.82M | 116.80M | 137.07M | 176.29M |
Non-current assets: | ||||||
Property, Plant and Equipment | 74.45M | 55.13M | 40.11M | 49.23M | 50.22M | 53.32M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 833K | 855K | 975K |
Other non-current assets | 0 | 0 | 333K | 0 | 0 | 0 |
Total non-current assets | 76.13M | 57.72M | 42.75M | 51.31M | 51.08M | 54.29M |
Total assets | 313.13M | 250.63M | 173.58M | 168.11M | 188.16M | 230.59M |
Liabilities | ||||||
| Current liabilities: | ||||||
Accounts payable | ||||||
Deferred revenue | 17.08M | 16.60M | 39.76M | 16.86M | 11.88M | 8.96M |
Short term debt | 58.68M | 39.94M | 37.52M | 17.23M | 16.9M | 16M |
Total current liabilities | 245.66M | 163.13M | 148.11M | 120.83M | 163.10M | 198.29M |
| Non-current liabilities: | ||||||
Long term debt | 17.74M | 22.56M | 285K | 6.94M | 6.78M | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 26.73M | 23.03M | 285K | 7.34M | 7.78M | 1.6M |
Total liabilities | 272.40M | 186.17M | 148.40M | 128.18M | 170.88M | 199.89M |
| Data source | Data source | Data source |