FlexShopper, Inc. (FPAY) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 | Q2'20 | Q1'20 |
|---|
| Total Current Assets | 170.72M | 149.3M | 132.44M | 123.57M | 117.43M | 105.27M | 98.38M | 106.16M | 109.69M | 97.9M | 98.29M | 78.52M | 76.89M | 57.25M | 56.98M | 57.59M | 62.27M | 46.06M | 44.49M | 44.57M |
| Cash & Short-Term Investments | 10.4M | 7.33M | 4.89M | 5.59M | 4.41M | 5.73M | 6.37M | 9.86M | 6.05M | 5.27M | 4.99M | 4.32M | 5.09M | 3.15M | 5.15M | 6.32M | 8.54M | 6.75M | 9.85M | 5.45M |
| Cash Only | 10.4M | 7.33M | 4.89M | 5.59M | 4.41M | 5.73M | 6.37M | 9.86M | 6.05M | 5.27M | 4.99M | 4.32M | 5.09M | 3.15M | 5.15M | 6.32M | 8.54M | 6.75M | 9.85M | 5.45M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 72.19M | 66.18M | 97.24M | 88.77M | 80.59M | 73.1M | 64.33M | 66.47M | 68.47M | 60.02M | 55.58M | 36.68M | 29.9M | 19.65M | 13.15M | 11.03M | 10.03M | 7.86M | 7.97M | 8.46M |
| Days Sales Outstanding | 179.26 | 194.81 | 266.49 | 227.02 | 233.55 | 201.42 | 242.61 | 197.25 | 276.05 | 203.42 | 114.86 | 103.46 | 73.3 | 48.89 | 35.85 | 28.91 | 29.24 | 29.63 | 30.48 | 30.65 |
| Inventory | 0 | 24.09M | 25.86M | 25.9M | 29.13M | 23.6M | 24.6M | 26.91M | 31.55M | 30.65M | 36.14M | 36.6M | 40.94M | 33.33M | 37.63M | 39.32M | 42.82M | 30.66M | 26.08M | 29.9M |
| Days Inventory Outstanding | - | 142.81 | 129.48 | 135.82 | 144.97 | 153.41 | 145.19 | 153.13 | 162.87 | 155.37 | 174.08 | 178.15 | 181 | 179.64 | 178.62 | 164.09 | 198.07 | 166.77 | 148.18 | 164.83 |
| Other Current Assets | 88.12M | 47.12M | 4.45M | 3.31M | 3.3M | 2.84M | 3.07M | 2.92M | 121.64K | 481.87K | 461.65K | 0 | 3.67M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 38.79M | 37.96M | 39.77M | 39.04M | 39.06M | 39.14M | 39.74M | 38.81M | 38.6M | 24.2M | 21.72M | 8.5M | 7.92M | 7.31M | 5.94M | 6.01M | 5.98M | 5.64M | 5.56M | 5.49M |
| Property, Plant & Equipment | 10.73M | 10.59M | 10.56M | 10.78M | 10.55M | 10.29M | 10.16M | 10.04M | 9.49M | 8.86M | 9.4M | 8.42M | 7.84M | 7.23M | 5.88M | 5.95M | 5.91M | 5.56M | 5.49M | 5.41M |
| Fixed Asset Turnover | 3.33x | 3.65x | 2.98x | 3.18x | 2.91x | 3.07x | 2.43x | 3.15x | 2.33x | 2.86x | 4.10x | 3.56x | 4.13x | 4.71x | 5.19x | 5.53x | 4.90x | 4.45x | 4.50x | 4.65x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 12.26M | 12.06M | 12.51M | 12.95M | 13.39M | 13.83M | 14.28M | 14.72M | 15.16M | 0 | 0 | 0 | 4.96K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | -13M | -3.3M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2.59M | 2.53M | 2.46M | 15.31M | 5.48M | 1.81M | 1.83M | 1.88M | 1.93M | 1.73M | 76.04K | -101.35K | 72.62K | -621.85K | -312.36K | 67.27K | 72.32K | 73.08K | 73.85K | 74.62K |
| Total Assets | 209.51M | 187.26M | 172.21M | 162.61M | 156.49M | 144.42M | 138.11M | 144.97M | 148.29M | 122.1M | 120.01M | 87.03M | 84.81M | 64.56M | 62.92M | 63.6M | 68.25M | 51.69M | 50.06M | 50.06M |
| Asset Turnover | 0.18x | 0.21x | 0.19x | 0.21x | 0.20x | 0.22x | 0.17x | 0.21x | 0.16x | 0.22x | 0.35x | 0.34x | 0.42x | 0.48x | 0.49x | 0.50x | 0.47x | 0.48x | 0.49x | 0.49x |
| Asset Growth % | 33.88% | 29.67% | 24.69% | 12.17% | 5.53% | 18.28% | 15.09% | 66.58% | 74.84% | 89.14% | 90.74% | 36.83% | 24.27% | 24.88% | 25.69% | 27.04% | 30.71% | 24.69% | 25.06% | 21.15% |
| Total Current Liabilities | 24.03M | 18.72M | 8.39M | 9.02M | 12.13M | 7.88M | 8.13M | 8.48M | 12.23M | 9.2M | 11.79M | 7.47M | 12.59M | 12.39M | 12.05M | 8.05M | 17.07M | 27.24M | 19.13M | 8.69M |
| Accounts Payable | 5.59M | 3.6M | 3.81M | 3.37M | 7.14M | 4.01M | 4.01M | 3.84M | 6.51M | 3.88M | 5.24M | 4.82M | 7.98M | 3.34M | 3.8M | 3.13M | 7.91M | 5.05M | 3.08M | 3.16M |
| Days Payables Outstanding | -8.57 | 21.21 | 17.97 | 25.94 | 30.66 | 25.52 | 22.12 | 27.12 | 27.2 | 21.21 | 24.07 | 29.41 | 27.6 | 18.09 | 16.08 | 22.04 | 34.94 | 23.9 | 16.52 | 20.9 |
| Short-Term Debt | 10.73M | 10.62M | 174.1K | 198.4K | 198.62K | 192.01K | 1.21M | 1.21M | 1.21M | 1.18M | 1.17M | 225.13K | 1.05M | 4.8M | 4.8M | 1.35M | 6M | 20.27M | 14.18M | 3.51M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | -192.01K | -1.21M | 0 | 0 | -198.85K | 178.16K | 0 | 495.17K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 329 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 7.10x | 7.98x | 15.78x | 13.70x | 9.68x | 13.36x | 12.10x | 12.51x | 8.97x | 10.64x | 8.33x | 10.52x | 6.11x | 4.62x | 4.73x | 7.15x | 3.65x | 1.69x | 2.33x | 5.13x |
| Quick Ratio | 7.10x | 6.69x | 12.70x | 10.83x | 7.28x | 10.37x | 9.08x | 9.34x | 6.39x | 7.31x | 5.27x | 5.61x | 2.86x | 1.93x | 1.60x | 2.27x | 1.14x | 0.57x | 0.96x | 1.69x |
| Cash Conversion Cycle | - | 316.41 | 378 | 336.9 | 347.87 | 329.32 | 365.67 | 323.25 | 411.71 | 337.58 | 264.86 | 252.21 | 226.71 | 210.44 | 198.39 | 170.96 | 192.37 | 172.49 | 162.13 | 174.58 |
| Total Non-Current Liabilities | 152.33M | 138.73M | 136.34M | 124.36M | 115.13M | 107.94M | 102.7M | 105.26M | 105.03M | 89.81M | 79.36M | 65.35M | 56.08M | 36.93M | 37.72M | 43.79M | 40.03M | 13.22M | 20.27M | 31M |
| Long-Term Debt | 151.29M | 137.62M | 135.15M | 115.78M | 106.48M | 106.55M | 101.25M | 94.91M | 94.76M | 88.01M | 77.51M | 63.45M | 53.81M | 34.21M | 35.27M | 41.67M | 37.88M | 10.96M | 18.15M | 28.97M |
| Capital Lease Obligations | 1.03M | 1.11M | 1.18M | 1.25M | 1.32M | 1.39M | 1.45M | 1.51M | 1.57M | 1.62M | 1.68M | 1.73M | 1.77M | 1.82M | 1.87M | 1.91M | 1.95M | 1.99M | 2.03M | 2.03M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 178.16K | 178.16K | 178.16K | 495.17K | 700.2K | 378.86K | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 7.33M | 7.32M | 0 | 0 | 8.84M | 8.7M | 0 | 0 | 0 | 50.56M | 204.44K | 0 | 204.44K | 204.44K | 268.25K | 85.09K | 0 |
| Total Liabilities | 176.36M | 157.45M | 144.73M | 133.39M | 127.26M | 115.82M | 110.82M | 113.74M | 117.25M | 99.02M | 91.15M | 72.82M | 68.67M | 49.32M | 49.77M | 51.84M | 57.1M | 40.46M | 39.4M | 39.7M |
| Total Debt | 163.35M | 149.63M | 136.77M | 117.49M | 108.25M | 108.37M | 104.13M | 97.84M | 97.74M | 91.02M | 80.54M | 65.58M | 56.81M | 40.99M | 42.09M | 45.08M | 45.98M | 33.37M | 34.51M | 34.64M |
| Net Debt | 152.94M | 142.3M | 131.88M | 111.89M | 103.84M | 102.63M | 97.76M | 87.98M | 91.69M | 85.74M | 75.55M | 61.26M | 51.72M | 37.85M | 36.94M | 38.77M | 37.44M | 26.62M | 24.66M | 29.19M |
| Debt / Equity | 4.93x | 5.02x | 4.98x | 4.02x | 3.70x | 3.79x | 3.82x | 3.13x | 3.15x | 3.94x | 2.79x | 4.62x | 3.52x | 2.69x | 3.20x | 3.83x | 4.12x | 2.97x | 3.24x | 3.34x |
| Debt / EBITDA | 12.59x | 12.48x | 28.74x | 15.96x | 13.84x | 13.69x | - | 16.37x | - | 5.89x | 13.15x | - | 32.82x | 8.96x | 22.35x | 21.97x | 22.76x | 1.99x | 1.99x | 1.92x |
| Net Debt / EBITDA | 11.78x | 11.86x | 27.71x | 15.20x | 13.27x | 12.96x | - | 14.72x | - | 5.55x | 12.34x | - | 29.88x | 8.27x | 19.61x | 18.90x | 18.54x | 1.59x | 1.42x | 1.62x |
| Interest Coverage | 0.16x | 1.59x | 0.50x | 0.92x | 0.99x | - | -0.35x | 1.01x | -1.27x | - | - | - | - | 3.73x | - | - | - | - | - | - |
| Total Equity | 33.15M | 29.81M | 27.48M | 29.23M | 29.23M | 28.6M | 27.29M | 31.23M | 31.03M | 23.08M | 28.85M | 14.2M | 16.14M | 15.24M | 13.15M | 11.76M | 11.15M | 11.24M | 10.66M | 10.37M |
| Equity Growth % | 13.41% | 4.22% | 0.7% | -6.4% | -5.81% | 23.91% | -5.41% | 119.83% | 92.24% | 51.5% | 119.42% | 20.78% | 44.73% | 35.6% | 23.41% | 13.45% | 11.9% | 5.72% | 17.33% | 14.6% |
| Book Value per Share | 1.54 | 1.34 | 1.28 | 1.35 | 1.34 | 1.32 | 0.94 | 1.44 | 1.43 | 1.06 | 1.03 | 0.66 | 0.72 | 0.65 | 0.56 | 0.55 | 0.52 | 0.53 | 0.50 | 0.52 |
| Total Shareholders' Equity | 33.15M | 29.81M | 27.48M | 29.23M | 29.23M | 28.6M | 27.29M | 31.23M | 31.03M | 23.08M | 28.85M | 14.2M | 16.14M | 15.24M | 13.15M | 11.76M | 11.15M | 11.24M | 10.66M | 10.37M |
| Common Stock | 2.52K | 2.2K | 2.2K | 2.18K | 2.18K | 2.18K | 2.18K | 2.18K | 2.18K | 2.18K | 2.16K | 2.16K | 2.14K | 2.14K | 2.14K | 2.14K | 2.14K | 2.14K | 2.14K | 2.13K |
| Retained Earnings | -36M | -35.28M | -37.64M | -36.04M | -35.82M | -36.18M | -37.12M | -31.82M | -31.59M | -39.49M | -33.21M | -47.6M | -45.22M | -45.86M | -47.55M | -48.49M | -48.5M | -48.08M | -48.37M | -48.1M |
| Treasury Stock | -563.99K | -563.54K | -367.56K | -172.85K | -166.76K | -100.22K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |