VersaBank
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has VersaBank's balance sheet done over the years? Its assets were worth $4,838,484,000 last year, which is more than in the previous period. 92% of VersaBank’s total assets is currently financed by debt. Its liabilities reached the amount of $4,439,281,000, which means an increase by 16% compared compared to last year.
Debt to Assets
| 2015 | 1625806000 | 1.45B | 89.26% |
|---|---|---|---|
| 2016 | 1704400000 | 1.51B | 89.09% |
| 2017 | 1725049000 | 1.51B | 87.91% |
| 2018 | 1809130000 | 1.58B | 87.64% |
| 2019 | 1785381000 | 1.54B | 86.55% |
| 2020 | 1943885000 | 1.68B | 86.87% |
| 2021 | 2415086000 | 2.08B | 86.25% |
| 2022 | 3264386000 | 2.91B | 89.31% |
| 2023 | 4201610000 | 3.82B | 91.02% |
| 2024 | 4838484000 | 4.43B | 91.75% |
VBNK Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 225.25M | 132.24M | 88.58M | 271.52M | 257.64M | 139.14M | 129.78M | 159.90M | 93.96M | 127.07M |
Short term investments | 953K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 32.49M | 0 | 18.47M | 10.83M | 6.80M | 7.16M | 7.38M | 6.31M | 7.27M | 6.65M |
Inventory | 0 | 0 | -110.83M | -274.16M | -257.91M | -139.58M | 0 | 0 | 0 | 0 |
Other current assets | -32.49M | 0 | 92.35M | 274.16M | 257.91M | 139.58M | 0 | 0 | 0 | 0 |
Total current assets | 226.20M | 132.24M | 88.58M | 282.36M | 264.45M | 146.30M | 137.16M | 166.22M | 101.23M | 133.73M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 26.61M | 9.96M | 10.99M | 11.89M | 10.44M | 7.91M | 8.39M | 8.02M | 4.33M | 4.34M |
Goodwill | 12.30M | 5.75M | 5.75M | 5.75M | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 12.05M | 2.79M | 3.18M | 3.64M | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 300.25M | 168.89M | 141.56M | 953K | 8.62M | 10.06M | 10.01M | 262K | 9.95M | 22.43M |
Other non-current assets | -351.22M | 3.88B | -141.56M | -2.93M | -19.07M | -17.97M | -18.40M | -8.28M | -14.28M | -26.78M |
Total non-current assets | 4.61B | 4.06B | 141.56M | 22.24M | 19.07M | 17.97M | 18.40M | 8.28M | 14.28M | 26.78M |
Total assets | 4.83B | 4.20B | 3.26B | 2.41B | 1.94B | 1.78B | 1.80B | 1.72B | 1.70B | 1.62B |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 8.94M | 6.95M | 116.98M | 91.55M | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 0 | 708K | 669K | 8.74M | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 0 | 0 | 7.66M | 117.65M | 100.29M | 100.98M | 99.63M | 92.51M | 87.10M | 64.57M |
| Non-current liabilities: | ||||||||||
Long term debt | 108.57M | 110.62M | 104.95M | 100.38M | 16.71M | 38.24M | 43.15M | 43.04M | 57.65M | 57.48M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | -108.72M | 3.71B | -104.95M | -101.28M | -16.71M | -38.24M | 56.48M | -43.04M | 29.45M | -57.48M |
Total non-current liabilities | 0 | 3.82B | 2.91B | 101.28M | 16.71M | 38.24M | 99.63M | 92.51M | 87.10M | 64.57M |
Total liabilities | 4.43B | 3.82B | 2.91B | 2.08B | 1.68B | 1.54B | 1.58B | 1.51B | 1.51B | 1.45B |
| Data source | Data source |