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.
Simble Solutions Limited Balance Sheet Statement - Assets
As of 31 Dec 2024, The total current assets of Simble Solutions Limited (ASX:SIS) was around $642,887 which consisted of $322,666 of Cash, $48,966 of Inventory and $240,198 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 Simble Solutions Limited also showed $6,523 of Property Plant Equipment and no Good will. Also there were no Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $649,410.
Simble Solutions Limited Balance Sheet Statement - Liabilities
SIS's latest annual results shows the balance sheet has $245,517 of Accounts Payable. Also there were $323,814 of Short/Long term debt, $200,000 of Long term debt, $383,707 of Other Current liabilities and $1,058,559 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 31 Dec 2024's annual report of Simble Solutions Limited, the total liabilities were $1,342,441.
SIS 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 Simble Solutions Limited showed the total stock holder equity was $-693,031 which consisted of $29,771,352 of Common stocks, $-30,421,241 of Retained earnings and no Other stock holder equity.
SIS Balance Sheet Statement History
Following table shows the history of balance sheet for Simble Solutions Limited (SIS).
| 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | |
|---|---|---|---|---|
| Cash | 322,666 | 597,750 | 731,702 | 609,118 |
| Net Receivables | 240,198 | 239,417 | 303,674 | 483,983 |
| Inventory | 48,966 | 12,807 | 28,637 | 34,646 |
| Total Current Assets | 642,887 | 898,754 | 1,234,419 | 1,501,670 |
| Property Plant Equipment | 6,523 | 3,753 | 3,590 | 4,908 |
| Good Will | - | - | - | - |
| Intangible Assets | - | - | - | - |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 649,410 | 902,507 | 1,238,009 | 1,649,740 |
| Accounts Payable | 245,517 | 264,008 | 662,037 | 529,102 |
| Short/Long Term Debt | 323,814 | 93,569 | 186,389 | - |
| Other Current Liabilities | 383,707 | 426,693 | 464,843 | 447,672 |
| Long Term Debt | 200,000 | - | - | - |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 1,058,559 | 1,059,881 | 1,531,516 | 1,700,657 |
| Total Liabilities | 1,342,441 | 1,210,756 | 1,672,488 | 1,747,578 |
| Common Stock | 29,771,352 | 28,953,369 | 27,515,411 | 25,912,023 |
| Retained Earnings | -30,421,241 | -29,271,956 | -28,232,104 | -28,694,654 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | -693,031 | -332,881 | -434,479 | -70,605 |
| Net Tangible Assets | -693,031 | -332,881 | -434,479 | -70,605 |
Simble Solutions Limited (ASX:SIS) Balance Sheet Statement FAQ
1. How much Cash Simble Solutions Limited has on their balance sheet?
As of 31 Dec 2024, Simble Solutions Limited (ASX:SIS) has $322,666 of Cash.
2. What's the long term debt of Simble Solutions Limited?
As per the latest Balance sheet of Simble Solutions Limited (ASX:SIS), it has $200,000 of Long term debt.
3. How much share holder equity does Simble Solutions Limited has?
The Simble Solutions Limited (ASX:SIS)'s balance sheet shows that it has $-693,031 of Total stock holder equity.