Volcon
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Volcon's balance sheet done over the years? Its assets were worth $22,126,397 last year, which is less than in the previous period. 189% of Volcon’s total assets is currently financed by debt. Its liabilities reached the amount of $41,757,418, which means an increase by 89% compared compared to last year.
Debt to Assets
| 2020 | 1854013 | 2.99M | 161.59% |
|---|---|---|---|
| 2021 | 14624265 | 8.32M | 56.89% |
| 2022 | 22725613 | 22.09M | 97.21% |
| 2023 | 22126397 | 41.75M | 188.72% |
VLCN Balance Sheet (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Assets | ||||
Current assets: | ||||
Cash and cash equivalents | 7.98M | 10.98M | 5.57M | 536.08K |
Short term investments | 0 | 0 | 0 | 0 |
Net receivables | 203.30K | 864.95K | 25.58K | 0 |
Inventory | 9.23M | 5.64M | 2.20M | 0 |
Other current assets | 2.16M | 1.85M | 1.09M | 102.78K |
Total current assets | 19.53M | 20.32M | 10.88M | 638.87K |
Non-current assets: | ||||
Property, Plant and Equipment | 2.39M | 2.10M | 2.99M | 1.14M |
Goodwill | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 5.81K | 18.05K | 16.95K |
Long term investments | 0 | 0 | 0 | 0 |
Other non-current assets | 199.28K | 285.03K | 732.81K | 50.56K |
Total non-current assets | 2.59M | 2.39M | 3.74M | 1.21M |
Total assets | 22.12M | 22.72M | 14.62M | 1.85M |
Liabilities | ||||
| Current liabilities: | ||||
Accounts payable | ||||
Deferred revenue | 417.48K | 23.47K | 2.27M | 55.86K |
Short term debt | 30.96M | 17.76M | 473.40K | 150.81K |
Total current liabilities | 40.91M | 20.89M | 6.48M | 2.32M |
| Non-current liabilities: | ||||
Long term debt | 844.30K | 1.19M | 1.83M | 673.74K |
Deferred tax | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 1 | 0 | 0 |
Total non-current liabilities | 844.30K | 1.19M | 1.83M | 673.74K |
Total liabilities | 41.75M | 22.09M | 8.32M | 2.99M |
| Data source | Data source | Data source |