The Very Good Food Company
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has The Very Good Food Company's balance sheet done over the years? Its assets were worth $78,344,267 last year, which is more than in the previous period. 49% of The Very Good Food Company’s total assets is currently financed by debt. Its liabilities reached the amount of $38,167,940, which means an increase by 406% compared compared to last year.
Debt to Assets
| 2019 | 1344219 | 1.68M | 125.34% |
|---|---|---|---|
| 2020 | 35182597 | 7.54M | 21.43% |
| 2021 | 78344267 | 38.16M | 48.72% |
VGFC Balance Sheet (2019 – 2021)
| 2021 | 2020 | 2019 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 21.97M | 25.08M | 405.61K |
Short term investments | 0 | 0 | 0 |
Net receivables | 2.51M | 449.58K | 97.12K |
Inventory | 8.47M | 1.19M | 55.92K |
Other current assets | 8.64M | 1.88M | 82.65K |
Total current assets | 41.60M | 28.61M | 641.31K |
Non-current assets: | |||
Property, Plant and Equipment | 32.11M | 5.78M | 702.90K |
Goodwill | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 |
Other non-current assets | 4.63M | 779.03K | 0 |
Total non-current assets | 36.74M | 6.56M | 702.90K |
Total assets | 78.34M | 35.18M | 1.34M |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | 32.13K | 102.23K | 7.57K |
Short term debt | 2.79M | 146.93K | 495.60K |
Total current liabilities | 15.92M | 2.12M | 735.48K |
| Non-current liabilities: | |||
Long term debt | 22.23M | 5.41M | 949.31K |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 |
Total non-current liabilities | 22.23M | 5.41M | 949.31K |
Total liabilities | 38.16M | 7.54M | 1.68M |
| Data source |