VVC Exploration
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has VVC Exploration's balance sheet done over the years? Its assets were worth $18,599,114 last year, which is more than in the previous period. 50% of VVC Exploration’s total assets is currently financed by debt. Its liabilities reached the amount of $9,231,345, which means an increase by 200% compared compared to last year.
Debt to Assets
| 2013 | 2060046 | 694.41K | 33.71% |
|---|---|---|---|
| 2015 | 2468411 | 859.52K | 34.82% |
| 2016 | 2527988 | 1.87M | 74.2% |
| 2018 | 4326935 | 1.35M | 31.39% |
| 2019 | 5082796 | 1.49M | 29.32% |
| 2020 | 5082796 | 1.49M | 29.32% |
| 2021 | 6344334 | 2.08M | 32.92% |
| 2022 | 3263105 | 3.07M | 94.3% |
| 2024 | 18599114 | 9.23M | 49.63% |
VVC.V Balance Sheet (2013 – 2023)
| 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||
Current assets: | |||||||||
Cash and cash equivalents | 3.26M | 3.01M | 171.34K | 116.61K | 116.61K | 1.03M | 188.46K | 21.12K | 513.67K |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 85.22K | 211.42K | 24.14K | 63.04K | 61.59K | 0 | 14.59K | 545.79K | 65.53K |
Inventory | 0 | 35.50K | -24.84K | -11.35K | 0 | 0 | 0 | 0 | 0 |
Other current assets | 5.72K | 695 | 36.19K | 11.35K | 1.45K | 34.30K | 565 | 10.56K | 0 |
Total current assets | 3.35M | 3.26M | 206.84K | 179.65K | 179.65K | 1.10M | 203.61K | 577.47K | 594.20K |
Non-current assets: | |||||||||
Property, Plant and Equipment | 1.68M | 264.82K | 220.26K | 253.60K | 253.60K | 0 | 0 | 0 | 1.46M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 13.56M | 23.48K | 0 | 495.34K | 495.34K | 1.19M | 1.69M | 1.89M | 0 |
Other non-current assets | 0 | 0 | 5.91M | 4.15M | 4.15M | 2.02M | 633.37K | 0 | 0 |
Total non-current assets | 15.24M | 288.30K | 6.13M | 4.90M | 4.90M | 3.22M | 2.32M | 1.89M | 1.46M |
Total assets | 18.59M | 3.26M | 6.34M | 5.08M | 5.08M | 4.32M | 2.52M | 2.46M | 2.06M |
Liabilities | |||||||||
| Current liabilities: | |||||||||
Accounts payable | |||||||||
Deferred revenue | 0 | 354.63K | 23.74K | -843.32K | 0 | 0 | 430.64K | 221.63K | 0 |
Short term debt | 2.13M | 195.34K | 321.14K | 322.95K | 322.95K | 339.71K | 265.48K | 167.4K | 0 |
Total current liabilities | 8.94M | 2.74M | 1.75M | 1.09M | 1.09M | 1.04M | 1.87M | 859.52K | 694.41K |
| Non-current liabilities: | |||||||||
Long term debt | 0 | 125.75K | 332.92K | 391.93K | 391.93K | 310.52K | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 281.81K | 201.59K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 281.81K | 327.34K | 332.92K | 391.93K | 391.93K | 310.52K | 0 | 0 | 0 |
Total liabilities | 9.23M | 3.07M | 2.08M | 1.49M | 1.49M | 1.35M | 1.87M | 859.52K | 694.41K |