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.

SomnoMed Limited Balance Sheet Statement - Assets

As of 30 Jun 2024, The total current assets of SomnoMed Limited (ASX:SOM) was around $41,424,226 which consisted of $16,178,843 of Cash, $12,570,820 of Inventory and $7,927,660 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

Cash
$16,178,843
Current assets
$41,424,226
Total assets
$76,090,098

The latest balance sheet of SomnoMed Limited also showed $11,146,867 of Property Plant Equipment and $6,343,234 of Good will. Also there were $13,974,426 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $76,090,098.

SomnoMed Limited Balance Sheet Statement - Liabilities

SOM's latest annual results shows the balance sheet has $13,111,435 of Accounts Payable. Also there were $6,719,770 of Short/Long term debt, $709,074 of Long term debt, no Other Current liabilities and $22,448,842 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.

Account payable
$13,111,435
Current liabilities
$22,448,842
Total liabilities
$27,285,746

As per the 30 Jun 2024's annual report of SomnoMed Limited, the total liabilities were $27,285,746.

SOM 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 SomnoMed Limited showed the total stock holder equity was $45,911,186 which consisted of $110,230,668 of Common stocks, $-74,536,661 of Retained earnings and no Other stock holder equity.

SOM Balance Sheet Statement History

Following table shows the history of balance sheet for SomnoMed Limited (SOM).

30 Jun 2024 30 Jun 2023 30 Jun 2022 30 Jun 2021
Cash 16,178,843 11,956,406 15,644,331 21,109,841
Net Receivables 7,927,660 8,713,743 8,933,890 8,090,823
Inventory 12,570,820 8,200,244 6,178,648 4,659,764
Total Current Assets 41,424,226 31,595,795 33,404,582 36,456,433
Property Plant Equipment 11,146,867 12,729,913 9,115,792 10,342,426
Good Will 6,343,234 6,490,848 6,037,974 6,259,968
Intangible Assets 13,974,426 12,483,350 9,409,542 2,320,650
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 76,090,098 66,591,561 61,182,871 58,496,238
Accounts Payable 13,111,435 12,590,318 12,593,253 10,333,612
Short/Long Term Debt 6,719,770 23,823,761 16,887,802 8,907,612
Other Current Liabilities - 231,913 - -
Long Term Debt 709,074 16,356,185 2,013,461 2,348,226
Other Liabilities - - - -
Total Current Liabilities 22,448,842 20,625,670 30,819,891 18,156,159
Total Liabilities 27,285,746 43,141,128 38,527,666 26,815,410
Common Stock 110,230,668 74,271,419 74,271,419 74,256,794
Retained Earnings -74,536,661 -62,294,935 -54,295,891 -49,858,913
Treasury Stock - - - -
Other Stockholder Equity - - - -
Total Stockholder Equity 45,911,186 24,506,501 27,788,235 32,158,301
Net Tangible Assets 25,593,526 5,532,303 12,340,719 23,577,683

SomnoMed Limited (ASX:SOM) Balance Sheet Statement FAQ

1. How much Cash SomnoMed Limited has on their balance sheet?

As of 30 Jun 2024, SomnoMed Limited (ASX:SOM) has $16,178,843 of Cash.

2. What's the long term debt of SomnoMed Limited?

As per the latest Balance sheet of SomnoMed Limited (ASX:SOM), it has $709,074 of Long term debt.

3. How much share holder equity does SomnoMed Limited has?

The SomnoMed Limited (ASX:SOM)'s balance sheet shows that it has $45,911,186 of Total stock holder equity.