Vicinity Motor Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Vicinity Motor Corp.'s balance sheet done over the years? Its assets were worth $73,661,378 last year, which is more than in the previous period. 54% of Vicinity Motor Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $39,903,557, which means an increase by 119% compared compared to last year.
Debt to Assets
| 2014 | 4220762 | 2.50M | 59.47% |
|---|---|---|---|
| 2015 | 2956738 | 2.24M | 75.9% |
| 2016 | 7640310 | 7.95M | 104.15% |
| 2017 | 37345598 | 23.94M | 64.12% |
| 2018 | 29695310 | 14.35M | 48.34% |
| 2019 | 28251786 | 15.49M | 54.86% |
| 2020 | 36886351 | 19.34M | 52.45% |
| 2021 | 53993000 | 19.74M | 36.58% |
| 2022 | 55032000 | 18.2M | 33.07% |
| 2023 | 73661378 | 39.90M | 54.17% |
VMC.V Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 2.01M | 1.62M | 4.40M | 1.00M | 579.71K | 2.00M | 3.35M | 241.73K | 527.00K | 253.04K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 5.55M | 2.65M | 2.81M | 3.25M | 7.04M | 10.03M | 10.27M | 715.94K | 271.48K | 454.36K |
Inventory | 17.52M | 10.06M | 9.41M | 25.57M | 14.77M | 11.79M | 15.42M | 4.82M | 1.50M | 2.93M |
Other current assets | 7.91M | 3.80M | 4.17M | 2.18M | 1.19M | 1.18M | 4.05M | 798.28K | 329.44K | 779.55K |
Total current assets | 30.60M | 18.14M | 20.80M | 32.01M | 23.59M | 25.01M | 33.68M | 7.56M | 2.85M | 4.06M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 17.86M | 22.61M | 10.83M | 3.16M | 3.46M | 3.42M | 2.27M | 74.52K | 101.32K | 151.89K |
Goodwill | 2.35M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 9.74M | 14.27M | 22.35M | 1.70M | 1.18M | 1.26M | 1.38M | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | -2.35M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current assets | 25.25M | 36.88M | 33.18M | 4.86M | 4.65M | 4.68M | 3.66M | 74.52K | 101.32K | 151.89K |
Total assets | 73.66M | 55.03M | 53.99M | 36.88M | 28.25M | 29.69M | 37.34M | 7.64M | 2.95M | 4.22M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 4.39M | 2.38M | 3.19M | 1.48M | 980.93K | 703.68K | 2.53M | 172.67K | 669.19K | 57.39K |
Short term debt | 28.10M | 7.21M | 7.14M | 6.71M | 6.15M | 3.66M | 8.15M | 2.35M | 315.78K | 386.92K |
Total current liabilities | 43.19M | 16.57M | 19.40M | 18.92M | 14.24M | 12.58M | 21.84M | 5.64M | 1.55M | 2.44M |
| Non-current liabilities: | ||||||||||
Long term debt | 9.67M | 0 | 0 | 0 | 0 | 468.34K | 528.34K | 2.26M | 682.00K | 49.71K |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 134.02K | 1.62M | 347K | 418.77K | 407.08K | 324.42K | 359.08K | -620.45K | 9.60K | 13.79K |
Total non-current liabilities | 9.42M | 1.62M | 347K | 418.77K | 1.25M | 1.76M | 2.10M | 2.30M | 691.61K | 63.50K |
Total liabilities | 39.90M | 18.2M | 19.74M | 19.34M | 15.49M | 14.35M | 23.94M | 7.95M | 2.24M | 2.50M |