Virpax Pharmaceuticals
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Virpax Pharmaceuticals's balance sheet done over the years? Its assets were worth $9,628,345 last year, which is less than in the previous period. 80% of Virpax Pharmaceuticals’s total assets is currently financed by debt. Its liabilities reached the amount of $7,694,024, which means an increase by 149% compared compared to last year.
Debt to Assets
| 2018 | 61500 | 1.25M | 2039.39% |
|---|---|---|---|
| 2019 | 46719 | 2.77M | 5948.32% |
| 2020 | 465406 | 4.68M | 1005.9% |
| 2021 | 39572436 | 2.08M | 5.28% |
| 2022 | 19673649 | 3.09M | 15.73% |
| 2023 | 9628345 | 7.69M | 79.91% |
VRPX Balance Sheet (2018 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | 9.14M | 18.99M | 36.84M | 54.79K | 41.53K | 48.37K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 0 | 0 | 0 | 0 | 1.38K | 0 |
Inventory | 0 | 0 | 0 | 0 | 3.32K | 0 |
Other current assets | 702.98K | 678.36K | 2.73M | 535 | 467 | 13.13K |
Total current assets | 9.62M | 19.67M | 39.57M | 73.06K | 46.71K | 61.5K |
Non-current assets: | ||||||
Property, Plant and Equipment | 0 | 0 | 0 | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | 0 | 0 | 392.33K | 0 | 0 |
Total non-current assets | 0 | 0 | 0 | 392.33K | 0 | 0 |
Total assets | 9.62M | 19.67M | 39.57M | 465.40K | 46.71K | 61.5K |
Liabilities | ||||||
| Current liabilities: | ||||||
Accounts payable | ||||||
Deferred revenue | 0 | 0 | 0 | -1.04M | -3 | 0 |
Short term debt | 0 | 0 | 0 | 543.99K | 1.26M | 500K |
Total current liabilities | 7.69M | 3.09M | 2.08M | 3.65M | 2.77M | 1.25M |
| Non-current liabilities: | ||||||
Long term debt | 0 | 0 | 0 | 1.02M | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 1.09K | 0 | -3 | 0 | 0 |
Total non-current liabilities | 0 | 1.09K | 0 | 1.02M | 0 | 500K |
Total liabilities | 7.69M | 3.09M | 2.08M | 4.68M | 2.77M | 1.25M |
| Data source | Data source | Data source | Data source |