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.

8common Limited Balance Sheet Statement - Assets

As of 30 Jun 2020, The total current assets of 8common Limited (ASX:8CO) was around $2,182,777 which consisted of $1,842,492 of Cash, no Inventory and $244,431 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
$1.84M
Current assets
$2.18M
Total assets
$5.42M

The latest balance sheet of 8common Limited also showed $12,897 of Property Plant Equipment and $1,225,108 of Good will. Also there were $540,612 of Intangible assets and $143,752 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $5,423,953.

8common Limited Balance Sheet Statement - Liabilities

8CO's latest annual results shows the balance sheet has $37,519 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $718,222 of Other Current liabilities and $1,046,692 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
$37.52k
Current liabilities
$1.05M
Total liabilities
$1.1M

As per the 30 Jun 2020's annual report of 8common Limited, the total liabilities were $1,097,312.

8CO 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 8common Limited showed the total stock holder equity was $4,326,641 which consisted of $10,979,259 of Common stocks, $-5,419,353 of Retained earnings and $-1,233,265 of Other stock holder equity.

8CO Balance Sheet Statement History

Following table shows the history of balance sheet for 8common Limited (8CO).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash1.84M1.03M533.59k382.56k
Net Receivables244.43k335.75k3.52M265.18k
Inventory----
Total Current Assets2.18M1.4M4.11M4.51M
Property Plant Equipment12.9k10.53k38.1k35.34k
Good Will1.23M1.23M1.23M1.23M
Intangible Assets540.61k826.1k1.49M1.98M
Other Assets143.75k526.69k570.47k224.03k
Deferred Long Term Asset Charges143.75k138.69k182.47k224.03k
Total Assets5.42M7.55M7.43M7.98M
Accounts Payable37.52k351.92k84.31k97.28k
Short/Long Term Debt---1.51M
Other Current Liabilities718.22k823.23k811.43k739.65k
Long Term Debt----
Other Liabilities50.62k61k48.39k45.35k
Total Current Liabilities1.05M1.44M1.34M3.26M
Total Liabilities1.1M1.5M1.39M3.31M
Common Stock10.98M9.96M9.34M7.04M
Retained Earnings-5.42M-4.66M-3.3M-2.56M
Treasury Stock-1.23M742.38k-184.86k
Other Stockholder Equity-1.23M742.38k-184.86k
Total Stockholder Equity4.33M6.04M6.04M4.67M
Net Tangible Assets2.56M3.99M3.32M1.46M

8common Limited (ASX:8CO) Balance Sheet Statement FAQ

1. How much Cash 8common Limited has on their balance sheet?

As of 30 Jun 2020, 8common Limited (ASX:8CO) has $1,842,492 of Cash.

2. What's the long term debt of 8common Limited?

As per the latest Balance sheet of 8common Limited (ASX:8CO), it has no Long term debt.

3. How much share holder equity does 8common Limited has?

The 8common Limited (ASX:8CO)'s balance sheet shows that it has $4,326,641 of Total stock holder equity.