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
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.
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 2020||30 Jun 2019||30 Jun 2018||30 Jun 2017|
|Total Current Assets||8.92M||2.74M||5.36M||11.87M|
|Property Plant Equipment||644.43k||59.96k||70.7k||142.79k|
|Deferred Long Term Asset Charges||-||-||-||-|
|Short/Long Term Debt||-||-||-||-|
|Other Current Liabilities||219.08k||158.47k||894k||905.74k|
|Long Term Debt||-||-||-||-|
|Total Current Liabilities||1.41M||1.02M||1.68M||3.74M|
|Other Stockholder Equity||5.21M||3.92M||2.67M||5.03M|
|Total Stockholder Equity||7.58M||2.14M||3.77M||8.2M|
|Net Tangible Assets||7.55M||2.11M||3.73M||8.17M|
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.