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.
Access Innovation Holdings Limited Balance Sheet Statement - Assets
As of 30 Jun 2020, The total current assets of Access Innovation Holdings Limited (ASX:AIM) was around $9,786,821 which consisted of $2,994,171 of Cash, no Inventory and $5,913,803 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
The latest balance sheet of Access Innovation Holdings Limited also showed $2,214,295 of Property Plant Equipment and $5,714,525 of Good will. Also there were $5,529,528 of Intangible assets and $3,333,960 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $26,579,129.
Access Innovation Holdings Limited Balance Sheet Statement - Liabilities
AIM's latest annual results shows the balance sheet has $1,619,908 of Accounts Payable. Also there were $2,542,293 of Short/Long term debt, $384,034 of Long term debt, $8,750,490 of Other Current liabilities and $33,128,947 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 30 Jun 2020's annual report of Access Innovation Holdings Limited, the total liabilities were $35,375,730.
AIM 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 Access Innovation Holdings Limited showed the total stock holder equity was $-8,796,601 which consisted of $8,980,031 of Common stocks, $-26,448,241 of Retained earnings and $8,671,609 of Other stock holder equity.
AIM Balance Sheet Statement History
Following table shows the history of balance sheet for Access Innovation Holdings Limited (AIM).
|30 Jun 2020||30 Jun 2019||30 Jun 2018||30 Jun 2017|
|Total Current Assets||9.79M||6.05M||9.54M||9.98M|
|Property Plant Equipment||2.21M||2.2M||1.31M||995.14k|
|Deferred Long Term Asset Charges||3.33M||278.16k||225.9k||-|
|Short/Long Term Debt||2.54M||-||-||-|
|Other Current Liabilities||8.75M||153.86k||1.17M||277.61k|
|Long Term Debt||384.03k||800k||800k||800k|
|Total Current Liabilities||33.13M||5.68M||3.47M||4.96M|
|Other Stockholder Equity||8.67M||7.43M||8.09M||8.07M|
|Total Stockholder Equity||-8.8M||2.71M||6.64M||6.33M|
|Net Tangible Assets||-20.04M||-362.5k||4.65M||4.85M|
Access Innovation Holdings Limited (ASX:AIM) Balance Sheet Statement FAQ
1. How much Cash Access Innovation Holdings Limited has on their balance sheet?
As of 30 Jun 2020, Access Innovation Holdings Limited (ASX:AIM) has $2,994,171 of Cash.
2. What's the long term debt of Access Innovation Holdings Limited?
As per the latest Balance sheet of Access Innovation Holdings Limited (ASX:AIM), it has $384,034 of Long term debt.
3. How much share holder equity does Access Innovation Holdings Limited has?
The Access Innovation Holdings Limited (ASX:AIM)'s balance sheet shows that it has $-8,796,601 of Total stock holder equity.