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.
Vonex Limited Balance Sheet Statement - Assets
As of 30 Jun 2024, The total current assets of Vonex Limited (ASX:VN8) was around $6,082,916 which consisted of $2,928,337 of Cash, $171,412 of Inventory and $2,359,769 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 Vonex Limited also showed $3,731,218 of Property Plant Equipment and $13,463,179 of Good will. Also there were $11,678,102 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $35,321,336.
Vonex Limited Balance Sheet Statement - Liabilities
VN8's latest annual results shows the balance sheet has $4,048,545 of Accounts Payable. Also there were $25,709,118 of Short/Long term debt, $22,804,719 of Long term debt, no Other Current liabilities and $11,094,637 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 Vonex Limited, the total liabilities were $38,999,747.
VN8 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 Vonex Limited showed the total stock holder equity was $-3,678,411 which consisted of $66,587,445 of Common stocks, $-70,880,804 of Retained earnings and no Other stock holder equity.
VN8 Balance Sheet Statement History
Following table shows the history of balance sheet for Vonex Limited (VN8).
| 30 Jun 2024 | 30 Jun 2023 | 30 Jun 2022 | 30 Jun 2021 | |
|---|---|---|---|---|
| Cash | 2,928,337 | 1,793,030 | 3,195,181 | 3,658,416 |
| Net Receivables | 2,359,769 | 3,306,042 | 2,952,423 | 1,684,355 |
| Inventory | 171,412 | 187,150 | 269,183 | 94,926 |
| Total Current Assets | 6,082,916 | 5,894,931 | 6,907,159 | 5,867,305 |
| Property Plant Equipment | 3,731,218 | 2,651,482 | 1,611,123 | 1,243,667 |
| Good Will | 13,463,179 | 8,228,927 | 25,099,436 | 524,140 |
| Intangible Assets | 11,678,102 | 19,047,789 | 13,940,065 | 3,983,260 |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 35,321,336 | 36,430,606 | 48,065,493 | 11,735,534 |
| Accounts Payable | 4,048,545 | 5,386,603 | 4,376,572 | 3,128,712 |
| Short/Long Term Debt | 25,709,118 | 23,433,418 | 15,662,377 | 995,328 |
| Other Current Liabilities | - | - | - | - |
| Long Term Debt | 22,804,719 | - | 12,222,996 | - |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 11,094,637 | 34,118,039 | 12,439,461 | 4,757,542 |
| Total Liabilities | 38,999,747 | 39,357,501 | 28,780,952 | 6,159,595 |
| Common Stock | 66,587,445 | 66,045,470 | 65,912,270 | 50,442,160 |
| Retained Earnings | -70,880,804 | -70,751,691 | -49,713,447 | -50,043,969 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | -3,678,411 | -2,926,895 | 19,284,541 | 5,575,939 |
| Net Tangible Assets | -28,819,692 | -30,203,611 | -19,754,960 | 1,068,539 |
Vonex Limited (ASX:VN8) Balance Sheet Statement FAQ
1. How much Cash Vonex Limited has on their balance sheet?
As of 30 Jun 2024, Vonex Limited (ASX:VN8) has $2,928,337 of Cash.
2. What's the long term debt of Vonex Limited?
As per the latest Balance sheet of Vonex Limited (ASX:VN8), it has $22,804,719 of Long term debt.
3. How much share holder equity does Vonex Limited has?
The Vonex Limited (ASX:VN8)'s balance sheet shows that it has $-3,678,411 of Total stock holder equity.