ExcelFin Acquisition Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has ExcelFin Acquisition Corp.'s balance sheet done over the years? Its assets were worth $24,122,641 last year, which is less than in the previous period. 49% of ExcelFin Acquisition Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $11,938,411, which means an increase by 14% compared compared to last year.
Debt to Assets
| 2021 | 236533965 | 9.05M | 3.83% |
|---|---|---|---|
| 2022 | 238544571 | 10.44M | 4.38% |
| 2023 | 24122641 | 11.93M | 49.49% |
XFINW Balance Sheet (2021 – 2023)
| 2023 | 2022 | 2021 | |
|---|---|---|---|
Assets | |||
Current assets: | |||
Cash and cash equivalents | 45.21K | 351.43K | 896.51K |
Short term investments | 23.99M | 0 | 0 |
Net receivables | 0 | 0 | 0 |
Inventory | 0 | 0 | 0 |
Other current assets | 72.31K | 457.97K | 569.78K |
Total current assets | 117.53K | 809.40K | 1.46M |
Non-current assets: | |||
Property, Plant and Equipment | 0 | 0 | 0 |
Goodwill | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 |
Long term investments | 23.99M | 237.73M | 234.60M |
Other non-current assets | 0 | 0 | 311.61K |
Total non-current assets | 24.00M | 237.73M | 235.06M |
Total assets | 24.12M | 238.54M | 236.53M |
Liabilities | |||
| Current liabilities: | |||
Accounts payable | |||
Deferred revenue | -5.64M | 0 | 0 |
Short term debt | 1.29M | 300K | 300K |
Total current liabilities | 10.32M | 2.39M | 1.00M |
| Non-current liabilities: | |||
Long term debt | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 |
Other non-current liabilities | 1.61M | 0 | 0 |
Total non-current liabilities | 1.61M | 8.05M | 8.05M |
Total liabilities | 11.93M | 10.44M | 9.05M |
| Data source | Data source | Data source |