Visionary Holdings
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Visionary Holdings's balance sheet done over the years? Its assets were worth $96,201,626 last year, which is more than in the previous period. 87% of Visionary Holdings’s total assets is currently financed by debt. Its liabilities reached the amount of $83,482,978, which means an increase by 156% compared compared to last year.
Debt to Assets
| 2020 | 7906413 | 7.75M | 98.06% |
|---|---|---|---|
| 2021 | 13667102 | 10.43M | 76.35% |
| 2022 | 36226584 | 32.55M | 89.86% |
| 2023 | 96201626 | 83.48M | 86.78% |
VEDU Balance Sheet (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Assets | ||||
Current assets: | ||||
Cash and cash equivalents | 651.49K | 741.86K | 1.19M | 109.86K |
Short term investments | 51.72K | 56.02K | 0 | 0 |
Net receivables | 806.27K | 565.36K | 3.67M | 270.52K |
Inventory | 0 | 0 | 839.39K | 3.24M |
Other current assets | 0 | 179.64K | 81.52K | 0 |
Total current assets | 22.34M | 1.54M | 5.79M | 3.62M |
Non-current assets: | ||||
Property, Plant and Equipment | 70.25M | 24.19M | 4.50M | 4.04M |
Goodwill | 951.34K | 1.03M | 0 | 0 |
Intangible assets | 966.53K | 1.08M | 428.06K | 238.47K |
Long term investments | 760K | 0 | 0 | 0 |
Other non-current assets | 140.39K | 8.37M | 2.94M | 0 |
Total non-current assets | 73.85M | 34.68M | 7.87M | 4.28M |
Total assets | 96.20M | 36.22M | 13.66M | 7.90M |
Liabilities | ||||
| Current liabilities: | ||||
Accounts payable | ||||
Deferred revenue | 1.32M | 532.52K | 201.16K | 169.20K |
Short term debt | 49.57M | 753.86K | 188.77K | 62.10K |
Total current liabilities | 80.45M | 13.28M | 4.16M | 5.40M |
| Non-current liabilities: | ||||
Long term debt | 1.23M | 19.02M | 6.23M | 2.32M |
Deferred tax | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1.56M | 18.27B | 0 | 0 |
Total non-current liabilities | 3.02M | 19.26M | 6.26M | 2.35M |
Total liabilities | 83.48M | 32.55M | 10.43M | 7.75M |
| Data source | Data source |