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.

Audio Pixels Holdings Limited Balance Sheet Statement - Assets

As of 31 Dec 2020, The total current assets of Audio Pixels Holdings Limited (ASX:AKP) was around $4,799,749 which consisted of $4,750,888 of Cash, no Inventory and $9,826 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
$4.75M
Current assets
$4.8M
Total assets
$7.97M

The latest balance sheet of Audio Pixels Holdings Limited also showed $671,465 of Property Plant Equipment and $2,207,058 of Good will. Also there were $288,698 of Intangible assets and $5,699 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $7,972,669.

Audio Pixels Holdings Limited Balance Sheet Statement - Liabilities

AKP's latest annual results shows the balance sheet has $1,630,684 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $2,167,944 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
$1.63M
Current liabilities
$2.17M
Total liabilities
$2.2M

As per the 31 Dec 2020's annual report of Audio Pixels Holdings Limited, the total liabilities were $2,195,807.

AKP 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 Audio Pixels Holdings Limited showed the total stock holder equity was $5,776,862 which consisted of $73,092,487 of Common stocks, $-46,361,428 of Retained earnings and $-20,954,197 of Other stock holder equity.

AKP Balance Sheet Statement History

Following table shows the history of balance sheet for Audio Pixels Holdings Limited (AKP).

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Cash4.75M5.82M11.02M2.7M
Net Receivables9.83k8.95k65.35k3.01M
Inventory----
Total Current Assets4.8M5.97M11.19M5.75M
Property Plant Equipment671.47k1.04M329.86k324.61k
Good Will2.21M2.33M2.33M2.19M
Intangible Assets288.7k402.11k483.85k513.77k
Other Assets5.7k5.96k5.53k16.11k
Deferred Long Term Asset Charges----
Total Assets7.97M9.75M14.34M8.79M
Accounts Payable1.63M1.65M987.85k887.77k
Short/Long Term Debt----
Other Current Liabilities----
Long Term Debt----
Other Liabilities----
Total Current Liabilities2.17M2.25M1.19M9M
Total Liabilities2.2M2.52M1.19M9M
Common Stock73.09M66.22M66.22M45.23M
Retained Earnings-46.36M-34.26M-28.03M-23.51M
Treasury Stock-20.95M-24.72M-25.04M-21.93M
Other Stockholder Equity-20.95M-24.72M-25.04M-21.93M
Total Stockholder Equity5.78M7.23M13.15M-213.26k
Net Tangible Assets3.28M4.5M10.34M-2.92M

Audio Pixels Holdings Limited (ASX:AKP) Balance Sheet Statement FAQ

1. How much Cash Audio Pixels Holdings Limited has on their balance sheet?

As of 31 Dec 2020, Audio Pixels Holdings Limited (ASX:AKP) has $4,750,888 of Cash.

2. What's the long term debt of Audio Pixels Holdings Limited?

As per the latest Balance sheet of Audio Pixels Holdings Limited (ASX:AKP), it has no Long term debt.

3. How much share holder equity does Audio Pixels Holdings Limited has?

The Audio Pixels Holdings Limited (ASX:AKP)'s balance sheet shows that it has $5,776,862 of Total stock holder equity.