Veritec
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Veritec's balance sheet done over the years? Its assets were worth $132,000 last year, which is more than in the previous period. 7470% of Veritec’s total assets is currently financed by debt. Its liabilities reached the amount of $9,860,000, which means an increase by 13% compared compared to last year.
Debt to Assets
| 2015 | 332193 | 5.43M | 1637.19% |
|---|---|---|---|
| 2016 | 152538 | 3.38M | 2219.58% |
| 2017 | 72859 | 4.64M | 6369.62% |
| 2018 | 151485 | 4.61M | 3044.97% |
| 2019 | 105620 | 5.40M | 5117.4% |
| 2020 | 244000 | 6.09M | 2497.13% |
| 2021 | 251000 | 7.18M | 2860.96% |
| 2022 | 79000 | 7.51M | 9512.66% |
| 2023 | 74000 | 8.74M | 11816.22% |
| 2024 | 132000 | 9.86M | 7469.7% |
VRTC Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 118K | 61K | 66K | 238K | 228K | 91.11K | 139.08K | 46.69K | 60.95K | 52.76K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 8K | 7K | 7K | 8K | 10K | 9.11K | 7.07K | 8.13K | 9.30K | 38.74K |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | -2 | 0 | 0 | 14.46K |
Other current assets | 6K | 6K | 6K | 5K | 6K | 5.39K | 5.32K | 1.98K | 1.89K | 18.23K |
Total current assets | 132K | 74K | 79K | 251K | 244K | 105.62K | 151.48K | 56.81K | 72.15K | 124.20K |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 171 | 583 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.04K | 80.20K | 144.37K |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 63.02K |
Total non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16.04K | 80.37K | 207.98K |
Total assets | 132K | 74K | 79K | 251K | 244K | 105.62K | 151.48K | 72.85K | 152.53K | 332.19K |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 29K | 29K | 25K | 97K | 91K | 68.25K | 30K | 72.49K | 163.76K | 518.08K |
Short term debt | 8.99M | 7.89M | 6.90M | 5.95M | 4.99M | 4.30M | 3.59M | 2.86M | 2.03M | 3.56M |
Total current liabilities | 9.46M | 8.38M | 7.36M | 6.90M | 5.93M | 5.24M | 4.45M | 4.48M | 3.23M | 5.28M |
| Non-current liabilities: | ||||||||||
Long term debt | 0 | 0 | 0 | 118K | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 155K | 155K | 155K | 155K | 155K | 155K | 155K | 155K | 155K | 155K |
Total non-current liabilities | 398K | 355K | 155K | 273K | 155K | 155K | 155K | 155K | 155K | 155K |
Total liabilities | 9.86M | 8.74M | 7.51M | 7.18M | 6.09M | 5.40M | 4.61M | 4.64M | 3.38M | 5.43M |
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