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UMeWorld Inc. (UMEW)

UMeWorld Inc. (UMEW)

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For the quarter ending 2026-03-31, UMEW has $1,521,485 in assets. $1,735,745 in debts.

Balance Sheets Overview

Current Ratio
87.66%
Quick Ratio
8.87%
Debt to Asset Ratio
114.08%
Unit: Dollar
Assets Breakdown
    • Inventory
    • Cash
    • Accounts receivable
    • Others
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in capital
    • Accounts payable
    • Others

Balance Sheets
2026-03-31
2025-12-31
Cash
145,445 60,904
Deposit
2,690 3,610
Prepayment
1,762 1,762
Accounts receivable
4,006 62
Inventory
1,367,582 1,682,509
Total current assets
1,521,485 1,748,847
Total assets
1,521,485 1,748,847
Accounts payable
1,359,636 1,670,243
Due to related parties
163,442 329,863
Accrued liabilities and other payables
212,667 211,340
Total current liabilities
1,735,745 2,211,446
Total liabilities
1,735,745 2,211,446
Ordinary shares 0.0001 par value authorized 250,000,000 shares issued and outstanding 114,785,005 shares as of september 30, 2025 and 116,099,593 shares as of march 31, 2026
11,610 11,479
Additional paid-in capital
31,947,769 31,594,254
Accumulated other comprehensive income
182 39
Accumulated deficit
-32,173,821 -32,068,371
Total stockholders' deficit
-214,260 -462,599
Total liabilites and stockholders' deficit
1,521,485 1,748,847
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Inventory$1,367,582 Cash$145,445 Accounts receivable$4,006 Deposit$2,690 Prepayment$1,762 Total current assets$1,521,485 Total assets$1,521,485 Accumulated deficit-$32,173,821 Total liabilites andstockholders' deficit$1,521,485 Total stockholders'deficit-$214,260 Additional paid-in capital$31,947,769 Ordinary shares 0.0001par value...$11,610 Accumulated othercomprehensive income$182 Total liabilities$1,735,745 Total currentliabilities$1,735,745 Accounts payable$1,359,636 Accrued liabilities andother payables$212,667 Due to relatedparties$163,442