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.

Advanced Braking Technology Limited Balance Sheet Statement - Assets

As of 30 Jun 2020, The total current assets of Advanced Braking Technology Limited (ASX:ABV) was around $4,506,000 which consisted of $516,000 of Cash, $2,001,000 of Inventory and $1,795,000 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
$516k
Current assets
$4.51M
Total assets
$5.96M

The latest balance sheet of Advanced Braking Technology Limited also showed $778,000 of Property Plant Equipment and no Good will. Also there were $672,000 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $5,956,000.

Advanced Braking Technology Limited Balance Sheet Statement - Liabilities

ABV's latest annual results shows the balance sheet has $771,000 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $365,000 of Other Current liabilities and $1,477,000 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
$771k
Current liabilities
$1.48M
Total liabilities
$1.96M

As per the 30 Jun 2020's annual report of Advanced Braking Technology Limited, the total liabilities were $1,963,000.

ABV 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 Advanced Braking Technology Limited showed the total stock holder equity was $3,993,000 which consisted of $55,819,000 of Common stocks, $-51,995,000 of Retained earnings and $169,000 of Other stock holder equity.

ABV Balance Sheet Statement History

Following table shows the history of balance sheet for Advanced Braking Technology Limited (ABV).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash516k716k627k1.73M
Net Receivables1.79M1.9M2.18M2.98M
Inventory2M1.84M1.53M1.02M
Total Current Assets4.51M4.52M4.41M5.91M
Property Plant Equipment778k456k471k409k
Good Will----
Intangible Assets672k742k818k916k
Other Assets----
Deferred Long Term Asset Charges----
Total Assets5.96M5.72M5.69M7.23M
Accounts Payable771k1.07M876k1.26M
Short/Long Term Debt-1.69M1.2M-
Other Current Liabilities365k131k33k34k
Long Term Debt---1.25M
Other Liabilities14k4k42k31k
Total Current Liabilities1.48M3.62M3.22M2M
Total Liabilities1.96M3.69M3.34M3.38M
Common Stock55.82M54.2M52.8M52.66M
Retained Earnings-51.99M-52.17M-50.45M-48.8M
Treasury Stock169k---
Other Stockholder Equity169k---
Total Stockholder Equity3.99M2.03M2.35M3.86M
Net Tangible Assets3.32M1.29M1.53M2.94M

Advanced Braking Technology Limited (ASX:ABV) Balance Sheet Statement FAQ

1. How much Cash Advanced Braking Technology Limited has on their balance sheet?

As of 30 Jun 2020, Advanced Braking Technology Limited (ASX:ABV) has $516,000 of Cash.

2. What's the long term debt of Advanced Braking Technology Limited?

As per the latest Balance sheet of Advanced Braking Technology Limited (ASX:ABV), it has no Long term debt.

3. How much share holder equity does Advanced Braking Technology Limited has?

The Advanced Braking Technology Limited (ASX:ABV)'s balance sheet shows that it has $3,993,000 of Total stock holder equity.