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.

Adveritas Limited Balance Sheet Statement - Assets

As of 30 Jun 2020, The total current assets of Adveritas Limited (ASX:AV1) was around $8,916,385 which consisted of $8,351,840 of Cash, no Inventory and $365,092 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
$8.35M
Current assets
$8.92M
Total assets
$9.59M

The latest balance sheet of Adveritas Limited also showed $644,426 of Property Plant Equipment and $34,000 of 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 $9,594,811.

Adveritas Limited Balance Sheet Statement - Liabilities

AV1's latest annual results shows the balance sheet has $503,735 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $219,078 of Other Current liabilities and $1,411,332 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
$503.74k
Current liabilities
$1.41M
Total liabilities
$2.02M

As per the 30 Jun 2020's annual report of Adveritas Limited, the total liabilities were $2,015,674.

AV1 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 Adveritas Limited showed the total stock holder equity was $7,579,137 which consisted of $39,941,684 of Common stocks, $-37,569,619 of Retained earnings and $5,207,072 of Other stock holder equity.

AV1 Balance Sheet Statement History

Following table shows the history of balance sheet for Adveritas Limited (AV1).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash8.35M2.05M4.05M8.2M
Net Receivables365.09k509.18k40.64k3.44M
Inventory----
Total Current Assets8.92M2.74M5.36M11.87M
Property Plant Equipment644.43k59.96k70.7k142.79k
Good Will34k34k34k34k
Intangible Assets----
Other Assets-255.61k--
Deferred Long Term Asset Charges----
Total Assets9.59M3.2M5.46M12.05M
Accounts Payable503.74k372.64k230.33k1.14M
Short/Long Term Debt----
Other Current Liabilities219.08k158.47k894k905.74k
Long Term Debt----
Other Liabilities46.66k33.95k18.13k98.97k
Total Current Liabilities1.41M1.02M1.68M3.74M
Total Liabilities2.02M1.06M1.7M3.84M
Common Stock39.94M26.31M22.59M17.16M
Retained Earnings-37.57M-28.08M-21.49M-13.98M
Treasury Stock5.21M3.92M2.67M5.03M
Other Stockholder Equity5.21M3.92M2.67M5.03M
Total Stockholder Equity7.58M2.14M3.77M8.2M
Net Tangible Assets7.55M2.11M3.73M8.17M

Adveritas Limited (ASX:AV1) Balance Sheet Statement FAQ

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

As of 30 Jun 2020, Adveritas Limited (ASX:AV1) has $8,351,840 of Cash.

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

As per the latest Balance sheet of Adveritas Limited (ASX:AV1), it has no Long term debt.

3. How much share holder equity does Adveritas Limited has?

The Adveritas Limited (ASX:AV1)'s balance sheet shows that it has $7,579,137 of Total stock holder equity.