Wearable Devices 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 Wearable Devices Ltd.'s balance sheet done over the years? Its assets were worth $7,592,000 last year, which is less than in the previous period. 27% of Wearable Devices Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $2,066,000, which means an increase by 66% compared compared to last year.
Debt to Assets
| 2019 | 1603000 | 3.3M | 205.86% |
|---|---|---|---|
| 2020 | 593000 | 3.46M | 584.99% |
| 2021 | 1445000 | 638K | 44.15% |
| 2022 | 11224000 | 1.24M | 11.08% |
| 2023 | 7592000 | 2.06M | 27.21% |
WLDS Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 810K | 10.37M | 1.27M | 475K | 1.58M |
Short term investments | 4.04M | 0 | 0 | 0 | 0 |
Net receivables | 865K | 54K | 70K | 68K | 6K |
Inventory | 1.03M | 6K | 11K | 20K | 8K |
Other current assets | 0 | 543K | 47K | 67.99K | 6K |
Total current assets | 6.75M | 10.97M | 1.40M | 563K | 1.59M |
Non-current assets: | |||||
Property, Plant and Equipment | 786K | 248K | 43K | 18K | 9K |
Goodwill | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 |
Long term investments | 54K | 0 | 0 | 12K | 12K |
Other non-current assets | 0 | -248K | -43K | 0 | -12K |
Total non-current assets | 840K | 247.99K | 43K | 30K | 9K |
Total assets | 7.59M | 11.22M | 1.44M | 593K | 1.60M |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 0 | 365K | 297K | 225K | 11K |
Short term debt | 297K | 68K | 0 | 3.05M | 2.99M |
Total current liabilities | 1.78M | 1.15M | 638K | 3.46M | 3.3M |
| Non-current liabilities: | |||||
Long term debt | 278K | 94K | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 278K | 94K | 0 | 0 | 0 |
Total liabilities | 2.06M | 1.24M | 638K | 3.46M | 3.3M |
| Data source | Data source |