WeTrade Group
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has WeTrade Group's balance sheet done over the years? Its assets were worth $54,939,405 last year, which is more than in the previous period. 7% of WeTrade Group’s total assets is currently financed by debt. Its liabilities reached the amount of $4,038,084, which means an decrease by -10% compared compared to last year.
Debt to Assets
| 2019 | 6591128 | 1.78M | 27.1% |
|---|---|---|---|
| 2020 | 13542707 | 4.64M | 34.33% |
| 2021 | 19470524 | 4.94M | 25.38% |
| 2022 | 46229241 | 4.50M | 9.76% |
| 2023 | 54939405 | 4.03M | 7.35% |
WETG Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 668.38K | 20.02M | 616.59K | 4.64M | 6.59M |
Short term investments | 0 | 0 | 0 | 0 | 0 |
Net receivables | 6.93M | 8.99M | 13.03M | 5.70M | 0 |
Inventory | 12.12M | -2.11M | -7.38M | -2.82M | 0 |
Other current assets | 35.20M | 7.23M | 10.16M | 3.15M | 0 |
Total current assets | 54.93M | 34.14M | 16.43M | 10.68M | 6.59M |
Non-current assets: | |||||
Property, Plant and Equipment | 0 | 992.44K | 2.99M | 2.81M | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 23.18K | 37.76K | 49.02K | 0 |
Long term investments | 0 | 240.20K | 0 | 0 | 0 |
Other non-current assets | 0 | 11.06M | 0 | -2.86M | 0 |
Total non-current assets | 0 | 12.08M | 3.03M | 2.86M | 0 |
Total assets | 54.93M | 46.22M | 19.47M | 13.54M | 6.59M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 0 | 0 | 1.45M | 0 |
Short term debt | 0 | 0 | 596.09K | 709.86K | 1.5M |
Total current liabilities | 4.03M | 4.50M | 2.99M | 2.17M | 1.78M |
| Non-current liabilities: | |||||
Long term debt | 0 | 0 | 1.94M | 2.47M | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 0 | 0 | 1.94M | 2.47M | 0 |
Total liabilities | 4.03M | 4.50M | 4.94M | 4.64M | 1.78M |
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