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.

8I Holdings Limited Balance Sheet Statement - Assets

As of 31 Mar 2020, The total current assets of 8I Holdings Limited (ASX:8IH) was around S$35,457,856 which consisted of S$18,442,385 of Cash, no Inventory and S$1,717,810 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 SGD

Cash
S$18.44M
Current assets
S$35.46M
Total assets
S$40.26M

The latest balance sheet of 8I Holdings Limited also showed S$1,597,993 of Property Plant Equipment and no Good will. Also there were S$430,439 of Intangible assets and S$1,507,252 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were S$40,259,801.

8I Holdings Limited Balance Sheet Statement - Liabilities

8IH's latest annual results shows the balance sheet has S$297,310 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, S$8,322,005 of Other Current liabilities and S$10,812,359 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
S$297.31k
Current liabilities
S$10.81M
Total liabilities
S$10.88M

As per the 31 Mar 2020's annual report of 8I Holdings Limited, the total liabilities were S$10,883,933.

8IH 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 8I Holdings Limited showed the total stock holder equity was S$28,317,333 which consisted of S$34,455,641 of Common stocks, S$7,615,639 of Retained earnings and S$-13,753,947 of Other stock holder equity.

8IH Balance Sheet Statement History

Following table shows the history of balance sheet for 8I Holdings Limited (8IH).

31 Mar 202031 Mar 201931 Mar 201831 Mar 2017
Cash18.44M12.38M23.33M12.56M
Net Receivables1.72M4.09M10.29M9.07M
Inventory--454.72k-
Total Current Assets35.46M37.75M61.35M49.6M
Property Plant Equipment1.6M625.92k1.36M910.6k
Good Will--1.69M3.46M
Intangible Assets430.44k183.14k--
Other Assets1.51M1.11M951.51k148.67k
Deferred Long Term Asset Charges264.33k178.87k217.91k-
Total Assets40.26M42.66M68.37M68.57M
Accounts Payable297.31k268.48k870.77k415.89k
Short/Long Term Debt----
Other Current Liabilities8.32M9.3M12.62M3.88M
Long Term Debt----
Other Liabilities4k4k163.11k543.64k
Total Current Liabilities10.81M10.31M20.15M6.24M
Total Liabilities10.88M10.33M20.37M6.87M
Common Stock34.46M34.49M34.42M34.42M
Retained Earnings7.62M10.87M21.07M26.23M
Treasury Stock-13.75M-13.79M-10.87M-720.79k
Other Stockholder Equity-13.75M-13.79M-10.87M-720.79k
Total Stockholder Equity28.32M31.57M44.63M59.93M
Net Tangible Assets27.89M31.39M42.94M56.47M

8I Holdings Limited (ASX:8IH) Balance Sheet Statement FAQ

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

As of 31 Mar 2020, 8I Holdings Limited (ASX:8IH) has S$18,442,385 of Cash.

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

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

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

The 8I Holdings Limited (ASX:8IH)'s balance sheet shows that it has S$28,317,333 of Total stock holder equity.