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.
8VI Holdings Limited Balance Sheet Statement - Assets
As of 31 Mar 2020, The total current assets of 8VI Holdings Limited (ASX:8VI) was around S$9,691,674 which consisted of S$7,433,590 of Cash, no Inventory and S$794,916 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
The latest balance sheet of 8VI Holdings Limited also showed S$1,572,875 of Property Plant Equipment and S$9,305 of Good will. Also there were S$430,439 of Intangible assets and S$264,331 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were S$11,976,067.
8VI Holdings Limited Balance Sheet Statement - Liabilities
8VI's latest annual results shows the balance sheet has S$199,247 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, S$4,245,400 of Other Current liabilities and S$6,757,125 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 Mar 2020's annual report of 8VI Holdings Limited, the total liabilities were S$6,828,699.
8VI 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 8VI Holdings Limited showed the total stock holder equity was S$4,904,113 which consisted of S$12,895,103 of Common stocks, S$-3,438,606 of Retained earnings and S$-4,552,384 of Other stock holder equity.
8VI Balance Sheet Statement History
Following table shows the history of balance sheet for 8VI Holdings Limited (8VI).
| 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 | 31 Mar 2017 | |
|---|---|---|---|---|
| Cash | 7.43M | 4.7M | 8.57M | 4.63M |
| Net Receivables | 794.92k | 637.49k | 2.61M | 714.43k |
| Inventory | - | - | 454.72k | - |
| Total Current Assets | 9.69M | 6.4M | 14.66M | 6.61M |
| Property Plant Equipment | 1.57M | 521.57k | 1.13M | 584.27k |
| Good Will | 9.3k | - | 2.15M | 1.55M |
| Intangible Assets | 430.44k | - | 47.29k | 1.55M |
| Other Assets | 264.33k | 178.87k | 217k | 200.4k |
| Deferred Long Term Asset Charges | 264.33k | 178.87k | 217k | 200.4k |
| Total Assets | 11.98M | 7.26M | 18.31M | 8.95M |
| Accounts Payable | 199.25k | 247.42k | 633.83k | 181.1k |
| Short/Long Term Debt | - | - | - | - |
| Other Current Liabilities | 4.25M | 2.2M | 4.26M | 3.84M |
| Long Term Debt | - | - | - | - |
| Other Liabilities | 4k | 4k | 158.59k | 4k |
| Total Current Liabilities | 6.76M | 3.16M | 6.87M | 4.62M |
| Total Liabilities | 6.83M | 3.18M | 7.07M | 4.68M |
| Common Stock | 12.9M | 12.9M | 14.87M | 4.74M |
| Retained Earnings | -3.44M | -4.51M | 356.69k | 4.06M |
| Treasury Stock | -4.55M | -4.61M | -4.56M | -4.61M |
| Other Stockholder Equity | -4.55M | -4.61M | -4.56M | -4.61M |
| Total Stockholder Equity | 4.9M | 3.77M | 10.67M | 4.19M |
| Net Tangible Assets | 4.46M | 3.77M | 8.47M | 2.64M |
8VI Holdings Limited (ASX:8VI) Balance Sheet Statement FAQ
1. How much Cash 8VI Holdings Limited has on their balance sheet?
As of 31 Mar 2020, 8VI Holdings Limited (ASX:8VI) has S$7,433,590 of Cash.
2. What's the long term debt of 8VI Holdings Limited?
As per the latest Balance sheet of 8VI Holdings Limited (ASX:8VI), it has no Long term debt.
3. How much share holder equity does 8VI Holdings Limited has?
The 8VI Holdings Limited (ASX:8VI)'s balance sheet shows that it has S$4,904,113 of Total stock holder equity.