Vision Marine Technologies
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Vision Marine Technologies's balance sheet done over the years? Its assets were worth $24,046,512 last year, which is less than in the previous period. 52% of Vision Marine Technologies’s total assets is currently financed by debt. Its liabilities reached the amount of $12,482,075, which means an increase by 146% compared compared to last year.
Debt to Assets
| 2018 | 1993194 | 2.39M | 120.21% |
|---|---|---|---|
| 2019 | 1914562 | 2.04M | 106.91% |
| 2020 | 3631625 | 2.83M | 78.19% |
| 2021 | 38801292 | 5.27M | 13.6% |
| 2022 | 29100209 | 5.07M | 17.43% |
| 2023 | 24046512 | 12.48M | 51.91% |
VMAR Balance Sheet (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | 3.35M | 5.82M | 18.14M | 1.29M | -8.21K | 0 |
Short term investments | 0 | 0 | 0 | 0 | 0 | 68.36K |
Net receivables | 708.71K | 1.21M | 652.64K | 481.26K | 501.86K | 578.20K |
Inventory | 2.44M | 2.09M | 1.97M | 491.52K | 818.81K | 931.70K |
Other current assets | 1.97M | 2.47M | 544.84K | 171.04K | 54.31K | 0 |
Total current assets | 8.48M | 11.60M | 21.32M | 2.44M | 1.36M | 1.57M |
Non-current assets: | ||||||
Property, Plant and Equipment | 4.72M | 4.48M | 4.31M | 1.19M | 507.48K | 355.30K |
Goodwill | 9.68M | 9.35M | 9.03M | 0 | 0 | 0 |
Intangible assets | 966.72K | 1.11M | 1.22M | 0 | 0 | 0 |
Long term investments | 114.75K | 118.87K | 33.28K | 0 | 0 | 0 |
Other non-current assets | 0 | 2.43M | 2.85M | -1.19M | 40.31K | 38.71K |
Total non-current assets | 15.55M | 17.49M | 17.47M | 1.19M | 547.79K | 414.91K |
Total assets | 24.04M | 29.10M | 38.80M | 3.63M | 1.91M | 1.99M |
Liabilities | ||||||
| Current liabilities: | ||||||
Accounts payable | ||||||
Deferred revenue | 0 | 1.02M | 898.71K | 20.44K | 180.07K | 676.07K |
Short term debt | 1.07M | 633.25K | 572.31K | 348.06K | 305.81K | 140.48K |
Total current liabilities | 4.85M | 2.87M | 2.69M | 1.90M | 1.45M | 1.89M |
| Non-current liabilities: | ||||||
Long term debt | 2.02M | 2.00M | 2.45M | 906.66K | 129.70K | 60.97K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 5.60M | -155.25K | -53.93K | -354.48K | 452.72K | 444.73K |
Total non-current liabilities | 7.63M | 2.19M | 2.58M | 932.87K | 587.33K | 505.70K |
Total liabilities | 12.48M | 5.07M | 5.27M | 2.83M | 2.04M | 2.39M |
| Data source | Data source | Data source | Data source |