WANG & LEE 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 WANG & LEE GROUP's balance sheet done over the years? Its assets were worth $11,790,806 last year, which is more than in the previous period. 49% of WANG & LEE GROUP’s total assets is currently financed by debt. Its liabilities reached the amount of $5,781,881, which means an increase by 20% compared compared to last year.
Debt to Assets
| 2020 | 2121266 | 2.88M | 136.1% |
|---|---|---|---|
| 2021 | 2419592 | 3.53M | 146.14% |
| 2022 | 3100011 | 4.81M | 155.27% |
| 2023 | 11790806 | 5.78M | 49.04% |
WLGS Balance Sheet (2020 – 2023)
| 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|
Assets | ||||
Current assets: | ||||
Cash and cash equivalents | 5.21M | 609.61K | 537.73K | 8.21K |
Short term investments | 0 | 0 | 0 | 0 |
Net receivables | 5.89M | 2.10M | 1.71M | 1.96M |
Inventory | 0 | 0 | 0 | 0 |
Other current assets | 188.83K | 0 | 0 | 0 |
Total current assets | 11.29M | 2.87M | 2.26M | 1.99M |
Non-current assets: | ||||
Property, Plant and Equipment | 272.39K | 1.81K | 4.42K | 8.08K |
Goodwill | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 |
Long term investments | 28.19K | 0 | 0 | 0 |
Other non-current assets | 191.98K | 219.59K | 150.58K | 120.46K |
Total non-current assets | 492.56K | 221.41K | 155.01K | 128.55K |
Total assets | 11.79M | 3.10M | 2.41M | 2.12M |
Liabilities | ||||
| Current liabilities: | ||||
Accounts payable | ||||
Deferred revenue | 996.52K | 867.13K | 227.37K | 532.45K |
Short term debt | 1.27M | 455.10K | 258.53K | 358.24K |
Total current liabilities | 5.10M | 4.16M | 2.78M | 2.88M |
| Non-current liabilities: | ||||
Long term debt | 677.17K | 653.18K | 752.85K | 0 |
Deferred tax | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 |
Total non-current liabilities | 677.17K | 653.18K | 752.85K | 0 |
Total liabilities | 5.78M | 4.81M | 3.53M | 2.88M |
| Data source | Data source |