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.
Frontier Digital Ventures Limited Balance Sheet Statement - Assets
As of 31 Dec 2024, The total current assets of Frontier Digital Ventures Limited (ASX:FDV) was around $28,545,969 which consisted of $10,667,265 of Cash, no Inventory and $14,949,537 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 Frontier Digital Ventures Limited also showed $2,309,865 of Property Plant Equipment and $102,456,533 of Good will. Also there were $14,362,536 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $152,077,655.
Frontier Digital Ventures Limited Balance Sheet Statement - Liabilities
FDV's latest annual results shows the balance sheet has $8,465,510 of Accounts Payable. Also there were $1,144,459 of Short/Long term debt, $50,407 of Long term debt, $457,951 of Other Current liabilities and $22,324,505 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 Dec 2024's annual report of Frontier Digital Ventures Limited, the total liabilities were $23,414,298.
FDV 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 Frontier Digital Ventures Limited showed the total stock holder equity was $133,805,559 which consisted of $260,944,810 of Common stocks, $-85,421,556 of Retained earnings and no Other stock holder equity.
FDV Balance Sheet Statement History
Following table shows the history of balance sheet for Frontier Digital Ventures Limited (FDV).
| 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | |
|---|---|---|---|---|
| Cash | 10,667,265 | 14,849,840 | 26,621,661 | 36,181,485 |
| Net Receivables | 14,949,537 | 14,376,692 | 14,973,374 | 13,466,186 |
| Inventory | - | - | - | - |
| Total Current Assets | 28,545,969 | 32,718,836 | 43,185,414 | 51,740,952 |
| Property Plant Equipment | 2,309,865 | 2,364,656 | 2,710,514 | 3,298,396 |
| Good Will | 102,456,533 | 94,219,958 | 96,709,715 | 94,085,151 |
| Intangible Assets | 14,362,536 | 15,553,975 | 18,239,964 | 22,284,151 |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 152,077,655 | 148,874,807 | 169,684,716 | 180,336,759 |
| Accounts Payable | 8,465,510 | 6,729,611 | 5,459,859 | 5,024,721 |
| Short/Long Term Debt | 1,144,459 | 1,155,737 | 1,487,152 | 1,622,155 |
| Other Current Liabilities | 457,951 | - | 34,115,355 | 16,004,559 |
| Long Term Debt | 50,407 | 130,328 | 169,044 | 46,057 |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 22,324,505 | 22,603,671 | 54,592,240 | 35,350,421 |
| Total Liabilities | 23,414,298 | 23,950,495 | 57,153,988 | 77,626,208 |
| Common Stock | 260,944,810 | 260,724,230 | 236,192,945 | 218,918,649 |
| Retained Earnings | -85,421,556 | -75,150,646 | -66,853,519 | -56,318,133 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 133,805,559 | 130,081,006 | 115,394,365 | 105,510,826 |
| Net Tangible Assets | 16,986,490 | 20,307,073 | 444,686 | -10,858,476 |
Frontier Digital Ventures Limited (ASX:FDV) Balance Sheet Statement FAQ
1. How much Cash Frontier Digital Ventures Limited has on their balance sheet?
As of 31 Dec 2024, Frontier Digital Ventures Limited (ASX:FDV) has $10,667,265 of Cash.
2. What's the long term debt of Frontier Digital Ventures Limited?
As per the latest Balance sheet of Frontier Digital Ventures Limited (ASX:FDV), it has $50,407 of Long term debt.
3. How much share holder equity does Frontier Digital Ventures Limited has?
The Frontier Digital Ventures Limited (ASX:FDV)'s balance sheet shows that it has $133,805,559 of Total stock holder equity.