Veritas Farms
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Veritas Farms's balance sheet done over the years? Its assets were worth $6,794,471 last year, which is less than in the previous period. 109% of Veritas Farms’s total assets is currently financed by debt. Its liabilities reached the amount of $7,400,748, which means an increase by 96% compared compared to last year.
Debt to Assets
| 2015 | 0 | 60K | Infinity% |
|---|---|---|---|
| 2016 | 15 | 62.69K | 417973.33% |
| 2017 | 5210740 | 2.10M | 40.35% |
| 2018 | 7014086 | 934.73K | 13.33% |
| 2019 | 14218557 | 2.02M | 14.23% |
| 2020 | 12408021 | 4.76M | 38.37% |
| 2021 | 8597840 | 3.77M | 43.88% |
| 2022 | 6794471 | 7.40M | 108.92% |
VFRM Balance Sheet (2014 – 2022)
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|
Assets | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | 55.27K | 481.76K | 107.69K | 1.07M | 164.08K | 27.80K | 15 | 0 |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 658.35K | 104.77K | 386.37K | 523.03K | 244.15K | 79.90K | 0 | 0 |
Inventory | 2.24M | 3.21M | 5.89M | 6.60M | 2.50M | 1.42M | 7.5K | 0 |
Other current assets | 1.20M | 243.27K | 270.55K | 622.92K | 116.40K | 42.09K | 0 | 0 |
Total current assets | 3.53M | 4.04M | 6.65M | 8.82M | 3.03M | 1.57M | 15 | 0 |
Non-current assets: | ||||||||
Property, Plant and Equipment | 3.07M | 4.27M | 5.42M | 5.04M | 3.93M | 3.60M | 1.12M | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 55K | 55K | 55K | 55K | 0 | 0 | 0 | 0 |
Long term investments | -137K | -190K | 0 | -540K | 0 | 0 | 0 | 0 |
Other non-current assets | 136.20K | 228.61K | 271.21K | 292.19K | 48.03K | 23K | 69K | 0 |
Total non-current assets | 3.26M | 4.55M | 5.75M | 5.39M | 3.98M | 3.63M | 1.19M | 0 |
Total assets | 6.79M | 8.59M | 12.40M | 14.21M | 7.01M | 5.21M | 15 | 0 |
Liabilities | ||||||||
| Current liabilities: | ||||||||
Accounts payable | ||||||||
Deferred revenue | 422.91K | 4.58K | 16.25K | 0 | 45.01K | 0 | -14K | 0 |
Short term debt | 353.33K | 411.97K | 1.28M | 148.04K | 313.35K | 1.58M | 0 | 0 |
Total current liabilities | 3.16M | 2.20M | 3.75M | 1.78M | 738.47K | 2.00M | 62.69K | 60K |
| Non-current liabilities: | ||||||||
Long term debt | 4.23M | 1.56M | 1.00M | 237.62K | 196.26K | 99.96K | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | -4.11M | -1.29M | 0 | 1 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 4.23M | 1.56M | 1.00M | 237.62K | 196.26K | 99.96K | 3.15K | 0 |
Total liabilities | 7.40M | 3.77M | 4.76M | 2.02M | 934.73K | 2.10M | 62.69K | 60K |
| Data source | Data source | Data source | Data source | Data source | Data source |