Wah Fu Education Group Limited
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Wah Fu Education Group Limited's balance sheet done over the years? Its assets were worth $16,156,423 last year, which is less than in the previous period. 25% of Wah Fu Education Group Limited’s total assets is currently financed by debt. Its liabilities reached the amount of $3,997,187, which means an decrease by -11% compared compared to last year.
Debt to Assets
| 2016 | 6764857 | 798.42K | 11.8% |
|---|---|---|---|
| 2017 | 7290282 | 1.03M | 14.24% |
| 2018 | 9607704 | 1.43M | 14.93% |
| 2019 | 8482654 | 1.78M | 21.04% |
| 2020 | 12565279 | 3.26M | 25.99% |
| 2021 | 16973321 | 6.16M | 36.32% |
| 2022 | 18003906 | 5.99M | 33.29% |
| 2023 | 17538192 | 4.50M | 25.71% |
| 2024 | 16156423 | 3.99M | 24.74% |
WAFU Balance Sheet (2016 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||
Current assets: | |||||||||
Cash and cash equivalents | 11.04M | 12.56M | 11.76M | 12.05M | 6.83M | 3.92M | 4.72M | 5.60M | 5.17M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 3.53M | 3.35M | 4.34M | 2.83M | 3.26M | 2.34M | 3.14M | 972.95K | 1.09M |
Inventory | 0 | 0 | 0 | 0 | 0 | 417.1K | 7.73K | 8.80K | 7.53K |
Other current assets | 95.58K | 69.10K | 90.63K | 139.94K | 150.21K | 146.05K | 337.1K | 28.29K | 67.13K |
Total current assets | 14.67M | 15.99M | 16.20M | 15.03M | 10.25M | 6.83M | 8.20M | 6.61M | 6.34M |
Non-current assets: | |||||||||
Property, Plant and Equipment | 827.55K | 886.44K | 869.42K | 1.13M | 1.37M | 868.80K | 667.01K | 193.37K | 256.71K |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 7.45K | 54.38K | 137.99K | 0 | 0 | 0 | 29.76K | 0 | 0 |
Long term investments | 332.72K | 171.00K | 12.27K | 11.87K | 10.97K | 283.11K | 384.18K | 346.68K | 113.57K |
Other non-current assets | 53.30K | 56.04K | 84.08K | 157.92K | 652.38K | 492.86K | 0 | 139.40K | -1 |
Total non-current assets | 1.48M | 1.54M | 1.80M | 1.94M | 2.31M | 1.64M | 1.39M | 679.46K | 423.20K |
Total assets | 16.15M | 17.53M | 18.00M | 16.97M | 12.56M | 8.48M | 9.60M | 7.29M | 6.76M |
Liabilities | |||||||||
| Current liabilities: | |||||||||
Accounts payable | |||||||||
Deferred revenue | 1.81M | 2.11M | 3.98M | 4.14M | 1.52M | 620.33K | 341.43K | 518.70K | 234.88K |
Short term debt | 260.28K | 210.27K | 136.46K | 256.6K | 254.33K | 0 | 0 | 0 | 346.41K |
Total current liabilities | 3.92M | 4.30M | 5.98M | 6.05M | 2.90M | 1.78M | 1.43M | 1.03M | 798.42K |
| Non-current liabilities: | |||||||||
Long term debt | 72.97K | 203.17K | 6.06K | 105.87K | 361.59K | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 211.35K | 217.6K | 0 | 0 |
Total non-current liabilities | 72.97K | 203.17K | 6.06K | 105.87K | 361.59K | 211.35K | 217.6K | 0 | 0 |
Total liabilities | 3.99M | 4.50M | 5.99M | 6.16M | 3.26M | 1.78M | 1.43M | 1.03M | 798.42K |
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