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.

Fatfish Group Limited Balance Sheet Statement - Assets

As of 31 Dec 2023, The total current assets of Fatfish Group Limited (ASX:FFG) was around $8,056,638 which consisted of $2,274,504 of Cash, no Inventory and $587,883 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
$2,274,504
Current assets
$8,056,638
Total assets
$12,989,081

The latest balance sheet of Fatfish Group Limited also showed $276,528 of Property Plant Equipment and no Good will. Also there were $1,685,799 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $12,989,081.

Fatfish Group Limited Balance Sheet Statement - Liabilities

FFG's latest annual results shows the balance sheet has $596,423 of Accounts Payable. Also there were $9,091,942 of Short/Long term debt, no Long term debt, no Other Current liabilities and $12,367,656 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
$596,423
Current liabilities
$12,367,656
Total liabilities
$12,367,656

As per the 31 Dec 2023's annual report of Fatfish Group Limited, the total liabilities were $12,367,656.

FFG 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 Fatfish Group Limited showed the total stock holder equity was $-14,494,308 which consisted of $50,313,651 of Common stocks, $-47,815,227 of Retained earnings and no Other stock holder equity.

FFG Balance Sheet Statement History

Following table shows the history of balance sheet for Fatfish Group Limited (FFG).

31 Dec 2023 31 Dec 2022 31 Dec 2021
Cash 2,274,504 1,079,670 4,119,627
Net Receivables 587,883 1,462,365 862,522
Inventory - - -
Total Current Assets 8,056,638 5,508,842 6,636,070
Property Plant Equipment 276,528 301,600 448,678
Good Will - 1,247 1,693,591
Intangible Assets 1,685,799 1,875,998 1,221,926
Other Assets - - -
Deferred Long Term Asset Charges - - -
Total Assets 12,989,081 16,745,607 28,696,036
Accounts Payable 596,423 1,257,368 140,637
Short/Long Term Debt 9,091,942 10,746,497 7,607,287
Other Current Liabilities - 4,252,743 -
Long Term Debt - - -
Other Liabilities - - -
Total Current Liabilities 12,367,656 13,529,823 8,179,645
Total Liabilities 12,367,656 13,529,823 8,179,645
Common Stock 50,313,651 47,604,409 48,230,084
Retained Earnings -47,815,227 -42,662,500 -30,396,491
Treasury Stock - - -
Other Stockholder Equity - - -
Total Stockholder Equity -14,494,308 -12,886,963 20,575,782
Net Tangible Assets -16,180,107 -14,764,208 17,660,265

Fatfish Group Limited (ASX:FFG) Balance Sheet Statement FAQ

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

As of 31 Dec 2023, Fatfish Group Limited (ASX:FFG) has $2,274,504 of Cash.

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

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

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

The Fatfish Group Limited (ASX:FFG)'s balance sheet shows that it has $-14,494,308 of Total stock holder equity.