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.

Adacel Technologies Limited Balance Sheet Statement - Assets

As of 30 Jun 2020, The total current assets of Adacel Technologies Limited (ASX:ADA) was around $21,821,000 which consisted of $5,177,000 of Cash, $1,320,000 of Inventory and $14,828,000 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
$5.18M
Current assets
$21.82M
Total assets
$37.82M

The latest balance sheet of Adacel Technologies Limited also showed $7,631,000 of Property Plant Equipment and no Good will. Also there were $1,178,000 of Intangible assets and $7,192,000 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $37,822,000.

Adacel Technologies Limited Balance Sheet Statement - Liabilities

ADA's latest annual results shows the balance sheet has $1,820,000 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $6,626,000 of Other Current liabilities and $15,528,000 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
$1.82M
Current liabilities
$15.53M
Total liabilities
$22.45M

As per the 30 Jun 2020's annual report of Adacel Technologies Limited, the total liabilities were $22,449,000.

ADA 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 Adacel Technologies Limited showed the total stock holder equity was $15,373,000 which consisted of $71,468,000 of Common stocks, $-55,619,000 of Retained earnings and $-476,000 of Other stock holder equity.

ADA Balance Sheet Statement History

Following table shows the history of balance sheet for Adacel Technologies Limited (ADA).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash5.18M2.51M12.53M16.36M
Net Receivables14.83M15.29M14.83M14.73M
Inventory1.32M781k2.85M541k
Total Current Assets21.82M19.5M31.2M32.28M
Property Plant Equipment7.63M834k1.04M1.18M
Good Will----
Intangible Assets1.18M996k917k833k
Other Assets7.19M4.94M3.91M3.52M
Deferred Long Term Asset Charges4.51M4.9M3.87M3.48M
Total Assets37.82M26.27M37.06M37.81M
Accounts Payable1.82M1.5M2.64M2.01M
Short/Long Term Debt----
Other Current Liabilities6.63M7.6M6.35M5.39M
Long Term Debt----
Other Liabilities763k584k1.37M1.9M
Total Current Liabilities15.53M13.06M12.92M9.89M
Total Liabilities22.45M13.65M14.28M11.79M
Common Stock71.47M71.34M73.25M75.23M
Retained Earnings-55.62M-58.49M-49.16M-47.25M
Treasury Stock-476k-227k-1.31M-1.96M
Other Stockholder Equity-476k-227k-1.31M-1.96M
Total Stockholder Equity15.37M12.62M22.78M26.02M
Net Tangible Assets14.2M11.62M21.86M25.19M

Adacel Technologies Limited (ASX:ADA) Balance Sheet Statement FAQ

1. How much Cash Adacel Technologies Limited has on their balance sheet?

As of 30 Jun 2020, Adacel Technologies Limited (ASX:ADA) has $5,177,000 of Cash.

2. What's the long term debt of Adacel Technologies Limited?

As per the latest Balance sheet of Adacel Technologies Limited (ASX:ADA), it has no Long term debt.

3. How much share holder equity does Adacel Technologies Limited has?

The Adacel Technologies Limited (ASX:ADA)'s balance sheet shows that it has $15,373,000 of Total stock holder equity.