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.
HeraMED Limited Balance Sheet Statement - Assets
As of 31 Dec 2024, The total current assets of HeraMED Limited (ASX:HMD) was around $3,713,641 which consisted of $3,128,626 of Cash, $374,835 of Inventory and $162,180 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 HeraMED Limited also showed $37,679 of Property Plant Equipment and no Good will. Also there were $732,876 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $4,484,196.
HeraMED Limited Balance Sheet Statement - Liabilities
HMD's latest annual results shows the balance sheet has $303,906 of Accounts Payable. Also there were $815,963 of Short/Long term debt, $658,956 of Long term debt, no Other Current liabilities and $1,054,131 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 HeraMED Limited, the total liabilities were $1,713,087.
HMD 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 HeraMED Limited showed the total stock holder equity was $2,771,109 which consisted of $38,933,176 of Common stocks, $-46,330,191 of Retained earnings and no Other stock holder equity.
HMD Balance Sheet Statement History
Following table shows the history of balance sheet for HeraMED Limited (HMD).
| 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | |
|---|---|---|---|---|
| Cash | 3,128,626 | 1,061,636.467 | 3,846,302.332 | 4,909,594.151 |
| Net Receivables | 162,180 | 504,564.053 | 374,758.263 | 334,063.154 |
| Inventory | 374,835 | 362,168.844 | 251,937.426 | 122,072.944 |
| Total Current Assets | 3,713,641 | 1,928,369.364 | 4,472,998.021 | 5,527,758.451 |
| Property Plant Equipment | 37,679 | -88,350.082 | 110,851.115 | -22,873.158 |
| Good Will | - | - | - | - |
| Intangible Assets | 732,876 | 951,749.65 | 1,526,141.686 | 924,737.177 |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 4,484,196 | 2,791,768.932 | 6,109,990.822 | 6,429,622.47 |
| Accounts Payable | 303,906 | 1,200,941.999 | 824,195.358 | 955,941.015 |
| Short/Long Term Debt | 815,963 | 307,314.97 | 261,872.751 | 4,715,206.106 |
| Other Current Liabilities | - | 46,257.087 | 75,404.982 | 47,878.992 |
| Long Term Debt | 658,956 | - | - | - |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 1,054,131 | 1,951,467.818 | 1,161,473.091 | 6,293,129.822 |
| Total Liabilities | 1,713,087 | 2,714,838.179 | 1,903,619.338 | 7,050,765.068 |
| Common Stock | 38,933,176 | 35,388,563.294 | 32,572,194.668 | 22,735,575.442 |
| Retained Earnings | -46,330,191 | -42,187,113.297 | -35,630,394.549 | -26,704,925.681 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 2,771,109 | 685,011.458 | 4,206,371.484 | -146,204.188 |
| Net Tangible Assets | 2,038,233 | -266,738.192 | 2,680,229.798 | -1,070,941.365 |
HeraMED Limited (ASX:HMD) Balance Sheet Statement FAQ
1. How much Cash HeraMED Limited has on their balance sheet?
As of 31 Dec 2024, HeraMED Limited (ASX:HMD) has $3,128,626 of Cash.
2. What's the long term debt of HeraMED Limited?
As per the latest Balance sheet of HeraMED Limited (ASX:HMD), it has $658,956 of Long term debt.
3. How much share holder equity does HeraMED Limited has?
The HeraMED Limited (ASX:HMD)'s balance sheet shows that it has $2,771,109 of Total stock holder equity.