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.
Asian American Medical Group Limited Balance Sheet Statement - Assets
As of 31 Aug 2020, The total current assets of Asian American Medical Group Limited (ASX:AJJ) was around S$4,793,287 which consisted of S$1,332,071 of Cash, S$104,980 of Inventory and S$1,109,176 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 Asian American Medical Group Limited also showed S$11,993,031 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 S$16,852,604.
Asian American Medical Group Limited Balance Sheet Statement - Liabilities
AJJ's latest annual results shows the balance sheet has S$735,867 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, S$1,558,058 of Other Current liabilities and S$3,449,218 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 Aug 2020's annual report of Asian American Medical Group Limited, the total liabilities were S$4,886,141.
AJJ 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 Asian American Medical Group Limited showed the total stock holder equity was S$11,173,896 which consisted of S$18,223,133 of Common stocks, S$-6,178,697 of Retained earnings and S$-870,540 of Other stock holder equity.
AJJ Balance Sheet Statement History
Following table shows the history of balance sheet for Asian American Medical Group Limited (AJJ).
|31 Aug 2020||31 Aug 2019||31 Aug 2018||31 Aug 2017|
|Total Current Assets||4.79M||7.77M||11.94M||15.48M|
|Property Plant Equipment||11.99M||9.4M||8.97M||69.93k|
|Deferred Long Term Asset Charges||-||171.38k||171.38k||-|
|Short/Long Term Debt||-||-||-||-|
|Other Current Liabilities||1.56M||752.67k||1.84M||745.28k|
|Long Term Debt||-||-||-||-|
|Total Current Liabilities||3.45M||3.79M||5.64M||5.94M|
|Other Stockholder Equity||-870.54k||-1.69M||-812.3k||150.79k|
|Total Stockholder Equity||11.17M||12.81M||14.71M||9.43M|
|Net Tangible Assets||11.17M||12.81M||14.71M||9.43M|
Asian American Medical Group Limited (ASX:AJJ) Balance Sheet Statement FAQ
1. How much Cash Asian American Medical Group Limited has on their balance sheet?
As of 31 Aug 2020, Asian American Medical Group Limited (ASX:AJJ) has S$1,332,071 of Cash.
2. What's the long term debt of Asian American Medical Group Limited?
As per the latest Balance sheet of Asian American Medical Group Limited (ASX:AJJ), it has no Long term debt.
3. How much share holder equity does Asian American Medical Group Limited has?
The Asian American Medical Group Limited (ASX:AJJ)'s balance sheet shows that it has S$11,173,896 of Total stock holder equity.