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.

Auctus Investment Group Limited Balance Sheet Statement - Assets

As of 30 Jun 2020, The total current assets of Auctus Investment Group Limited (ASX:AVC) was around $3,293,554 which consisted of $1,819,155 of Cash, no Inventory and $1,363,448 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
$1.82M
Current assets
$3.29M
Total assets
$9.42M

The latest balance sheet of Auctus Investment Group Limited also showed $116,317 of Property Plant Equipment and $1,157,482 of Good will. Also there were $600,230 of Intangible assets and $2,301,883 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $9,421,503.

Auctus Investment Group Limited Balance Sheet Statement - Liabilities

AVC's latest annual results shows the balance sheet has $281,030 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $603,692 of Other Current liabilities and $1,882,175 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
$281.03k
Current liabilities
$1.88M
Total liabilities
$1.92M

As per the 30 Jun 2020's annual report of Auctus Investment Group Limited, the total liabilities were $1,919,126.

AVC 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 Auctus Investment Group Limited showed the total stock holder equity was $7,603,457 which consisted of $26,592,613 of Common stocks, $-21,231,526 of Retained earnings and $2,242,370 of Other stock holder equity.

AVC Balance Sheet Statement History

Following table shows the history of balance sheet for Auctus Investment Group Limited (AVC).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash1.82M518.63k282.08k236.9k
Net Receivables1.36M36.96k520.21k765.56k
Inventory----
Total Current Assets3.29M651.14k806.01k1.01M
Property Plant Equipment116.32k19.52k25.14k9.2k
Good Will1.16M1.16M1.16M-
Intangible Assets600.23k658.34k3.32k553.01k
Other Assets2.3M2.96M-260k
Deferred Long Term Asset Charges----
Total Assets9.42M8.09M2.81M1.84M
Accounts Payable281.03k472.13k481.42k1.35M
Short/Long Term Debt----
Other Current Liabilities603.69k1.75M138.84k501.11k
Long Term Debt----
Other Liabilities-1---
Total Current Liabilities1.88M2.28M2.03M3.05M
Total Liabilities1.92M2.28M2.03M3.05M
Common Stock26.59M23.47M19.23M15.46M
Retained Earnings-21.23M-18.27M-15.44M-10.97M
Treasury Stock2.24M858.31k-1.62M-4.78M
Other Stockholder Equity2.24M858.31k-1.62M-4.78M
Total Stockholder Equity7.6M6.06M2.17M-285.18k
Net Tangible Assets5.85M4.25M1.01M-838.18k

Auctus Investment Group Limited (ASX:AVC) Balance Sheet Statement FAQ

1. How much Cash Auctus Investment Group Limited has on their balance sheet?

As of 30 Jun 2020, Auctus Investment Group Limited (ASX:AVC) has $1,819,155 of Cash.

2. What's the long term debt of Auctus Investment Group Limited?

As per the latest Balance sheet of Auctus Investment Group Limited (ASX:AVC), it has no Long term debt.

3. How much share holder equity does Auctus Investment Group Limited has?

The Auctus Investment Group Limited (ASX:AVC)'s balance sheet shows that it has $7,603,457 of Total stock holder equity.