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.

AusCann Group Holdings Ltd Balance Sheet Statement - Assets

As of 30 Jun 2020, The total current assets of AusCann Group Holdings Ltd (ASX:AC8) was around $23,642,301 which consisted of $19,165,661 of Cash, $3,607,571 of Inventory and no 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
$19.17M
Current assets
$23.64M
Total assets
$35.47M

The latest balance sheet of AusCann Group Holdings Ltd also showed $11,822,886 of Property Plant Equipment and no Good will. Also there were no Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $35,465,187.

AusCann Group Holdings Ltd Balance Sheet Statement - Liabilities

AC8's latest annual results shows the balance sheet has $496,769 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $98,362 of Other Current liabilities and $774,782 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
$496.77k
Current liabilities
$774.78k
Total liabilities
$829.22k

As per the 30 Jun 2020's annual report of AusCann Group Holdings Ltd, the total liabilities were $829,215.

AC8 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 AusCann Group Holdings Ltd showed the total stock holder equity was $34,635,972 which consisted of $75,468,632 of Common stocks, $-42,105,988 of Retained earnings and $1,273,328 of Other stock holder equity.

AC8 Balance Sheet Statement History

Following table shows the history of balance sheet for AusCann Group Holdings Ltd (AC8).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash19.17M35.31M12.88M15.08M
Net Receivables-128.57k819.45k138.93k
Inventory3.61M---
Total Current Assets23.64M35.67M13.91M15.22M
Property Plant Equipment11.82M7.19M109.81k242
Good Will----
Intangible Assets----
Other Assets----
Deferred Long Term Asset Charges----
Total Assets35.47M42.87M14.71M15.8M
Accounts Payable496.77k1.03M471.78k652.94k
Short/Long Term Debt----
Other Current Liabilities98.36k83.72k62.54k79.75k
Long Term Debt----
Other Liabilities----
Total Current Liabilities774.78k1.2M600.14k784.38k
Total Liabilities829.22k1.2M600.14k784.38k
Common Stock75.47M75.45M39.33M33.52M
Retained Earnings-42.11M-35.02M-27.37M-19.7M
Treasury Stock1.27M1.24M2.16M1.2M
Other Stockholder Equity1.27M1.24M2.16M1.2M
Total Stockholder Equity34.64M41.67M14.11M15.01M
Net Tangible Assets34.64M41.67M14.11M15.01M

AusCann Group Holdings Ltd (ASX:AC8) Balance Sheet Statement FAQ

1. How much Cash AusCann Group Holdings Ltd has on their balance sheet?

As of 30 Jun 2020, AusCann Group Holdings Ltd (ASX:AC8) has $19,165,661 of Cash.

2. What's the long term debt of AusCann Group Holdings Ltd?

As per the latest Balance sheet of AusCann Group Holdings Ltd (ASX:AC8), it has no Long term debt.

3. How much share holder equity does AusCann Group Holdings Ltd has?

The AusCann Group Holdings Ltd (ASX:AC8)'s balance sheet shows that it has $34,635,972 of Total stock holder equity.