In financial accounting, a balance sheet is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business partnership, a corporation, private limited company or other organization such as government or not-for-profit entity.
Rectifier Technologies Ltd Balance Sheet Statement - Assets
As of 30 Jun 2024, The total current assets of Rectifier Technologies Ltd (ASX:RFT) was around $25,778,628 which consisted of $7,343,079 of Cash, $14,423,407 of Inventory and $2,884,879 of Net receivables. Current assets represent all the assets of a company that are expected to be conveniently sold, consumed, used, or exhausted through standard business operations within one year.
All amounts in AUD
The latest balance sheet of Rectifier Technologies Ltd also showed $5,426,409 of Property Plant Equipment and no Good will. Also there were $109,030 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $32,137,765.
Rectifier Technologies Ltd Balance Sheet Statement - Liabilities
RFT's latest annual results shows the balance sheet has $1,173,924 of Accounts Payable. Also there were $2,644,389 of Short/Long term debt, $2,040,229 of Long term debt, $552,927 of Other Current liabilities and $12,289,225 of Total Current Liabilities. Current liabilities are a company's short-term financial obligations that are due within one year or within a normal operating cycle.
As per the 30 Jun 2024's annual report of Rectifier Technologies Ltd, the total liabilities were $14,880,915.
RFT Balance Sheet Statement - Stock Holder Equity
Stockholders' equity, also referred to as shareholders' equity, is the remaining amount of assets available to shareholders after all liabilities have been paid. It is calculated either as a firm's total assets less its total liabilities or alternatively as the sum of share capital and retained earnings less treasury shares. Stockholders' equity might include common stock, paid-in capital, retained earnings and treasury stock.
The latest Balance sheet of Rectifier Technologies Ltd showed the total stock holder equity was $17,256,850 which consisted of $40,134,175 of Common stocks, $-23,436,500 of Retained earnings and no Other stock holder equity.
RFT Balance Sheet Statement History
Following table shows the history of balance sheet for Rectifier Technologies Ltd (RFT).
| 30 Jun 2024 | 30 Jun 2023 | 30 Jun 2022 | 30 Jun 2021 | |
|---|---|---|---|---|
| Cash | 7,343,079 | 6,348,867 | 7,295,534 | 6,241,000 |
| Net Receivables | 2,884,879 | 2,289,400 | 1,973,670 | 2,808,260 |
| Inventory | 14,423,407 | 18,448,667 | 5,877,879 | 3,812,090 |
| Total Current Assets | 25,778,628 | 28,398,858 | 16,817,780 | 14,061,987 |
| Property Plant Equipment | 5,426,409 | 5,885,567 | 5,491,921 | 8,051,179 |
| Good Will | - | - | - | - |
| Intangible Assets | 109,030 | 104,772 | 94,859 | 106,000 |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 32,137,765 | 35,188,896 | 22,929,553 | 22,683,166 |
| Accounts Payable | 1,173,924 | 6,027,001 | 4,463,965 | 2,650,000 |
| Short/Long Term Debt | 2,644,389 | 7,128,528 | 5,944,303 | 6,955,974 |
| Other Current Liabilities | 552,927 | 452,941 | - | - |
| Long Term Debt | 2,040,229 | 5,523,972 | 4,151,846 | 5,467,390 |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 12,289,225 | 12,523,676 | 8,613,673 | 6,495,562 |
| Total Liabilities | 14,880,915 | 19,185,366 | 13,574,846 | 12,941,757 |
| Common Stock | 40,134,175 | 40,072,575 | 39,992,575 | 39,993,000 |
| Retained Earnings | -23,436,500 | -24,183,979 | -31,151,132 | -31,763,000 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 17,256,850 | 16,003,530 | 9,354,707 | 8,533,825 |
| Net Tangible Assets | 17,147,820 | 15,898,758 | 9,259,848 | 8,427,825 |
Rectifier Technologies Ltd (ASX:RFT) Balance Sheet Statement FAQ
1. How much Cash Rectifier Technologies Ltd has on their balance sheet?
As of 30 Jun 2024, Rectifier Technologies Ltd (ASX:RFT) has $7,343,079 of Cash.
2. What's the long term debt of Rectifier Technologies Ltd?
As per the latest Balance sheet of Rectifier Technologies Ltd (ASX:RFT), it has $2,040,229 of Long term debt.
3. How much share holder equity does Rectifier Technologies Ltd has?
The Rectifier Technologies Ltd (ASX:RFT)'s balance sheet shows that it has $17,256,850 of Total stock holder equity.