KANDU INDUSTRIES INC
Balance Sheet
Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)
$12,926,953
Property, Plant, & Equipment (net)
84%
Cash & Equivalents
5%
Receivables (Non-Related)
5%
Other Assets
4%
Inventories
2%
Prepaid Expenses
<1%
Related-Party Receivables
0%
Investments
0%
Liabilities in 2024 (Year End)
$4,331,752
Notes Payable / Debt (Non-Related)
88%
Payables & Accruals
10%
Other Liabilities
1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Related-Party Payables
0%
Assets
2023
2024
Change
Cash & Equivalents
$1,214,629
$660,750
-46%
Receivables (Non-Related)
$1,027,806
$640,196
-38%
Related-Party Receivables
-
-
-
Inventories
$153,457
$196,939
+28%
Prepaid Expenses
$37,637
$30,581
-19%
Investments
-
-
-
Property, Plant, & Equipment (net)
$10,841,182
$10,872,557
+0%
Other Assets
$284,782
$525,930
+85%
Total Assets
$13,559,493
$12,926,953
-5%
Liabilities
2023
2024
Change
Payables & Accruals
$393,792
$443,206
+13%
Grants Payable
-
-
-
Deferred Revenue
$0
-
-
Tax-Exempt Bond Liabilities
-
-
-
Custodial & Escrow Liabilities
-
-
-
Notes Payable / Debt (Non-Related)
$5,976,503
$3,828,009
-36%
Related-Party Payables
-
-
-
Other Liabilities
$88,817
$60,537
-32%
Total Liabilities
$6,459,112
$4,331,752
-33%
Net assets
2023
2024
Change
Restricted Net Assets
$1,024,347
$207,391
-80%
Unrestricted Net Assets
$6,076,034
$8,387,810
+38%
Net assets
2023
2024
Change
Net assets
+$7,100,381
+$8,595,201
+21%
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