WeCommerce Holdings Ltd.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has WeCommerce Holdings Ltd.'s balance sheet done over the years? Its assets were worth $171,720,273 last year, which is less than in the previous period. 35% of WeCommerce Holdings Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $59,389,886, which means an decrease by -35% compared compared to last year.
Debt to Assets
| 2019 | 14016376 | 13.11M | 93.56% |
|---|---|---|---|
| 2020 | 84793752 | 18.82M | 22.2% |
| 2021 | 199522519 | 90.80M | 45.51% |
| 2022 | 171720273 | 59.38M | 34.59% |
WE.V Balance Sheet (2019 – 2022)
| 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|
Assets | ||||
Current assets: | ||||
Cash and cash equivalents | 10.94M | 26.12M | 61.19M | 2.86M |
Short term investments | 0 | 0 | 0 | 1.21M |
Net receivables | 2.31M | 3.56M | 1.89M | 1.16M |
Inventory | 0 | 0 | 0 | 0 |
Other current assets | 1.06M | 0 | 0 | 0 |
Total current assets | 14.33M | 31.21M | 63.30M | 5.32M |
Non-current assets: | ||||
Property, Plant and Equipment | 182.58K | 210.45K | 230.05K | 380.83K |
Goodwill | 106.86M | 110.08M | 11.94M | 3.94M |
Intangible assets | 49.05M | 56.98M | 8.81M | 4.19M |
Long term investments | 0 | 0 | 0 | 0 |
Other non-current assets | 0 | 0 | 0 | 18.67K |
Total non-current assets | 157.38M | 168.30M | 21.48M | 8.69M |
Total assets | 171.72M | 199.52M | 84.79M | 14.01M |
Liabilities | ||||
| Current liabilities: | ||||
Accounts payable | ||||
Deferred revenue | 3.88M | 2.89M | 841.50K | 216.59K |
Short term debt | 4.78M | 3.18M | 1.94M | 1.62M |
Total current liabilities | 15.84M | 30.91M | 8.32M | 3.14M |
| Non-current liabilities: | ||||
Long term debt | 42.15M | 57.01M | 8.73M | 9.96M |
Deferred tax | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 1.19M | 0 | 0 |
Total non-current liabilities | 43.54M | 59.88M | 10.50M | 9.97M |
Total liabilities | 59.38M | 90.80M | 18.82M | 13.11M |