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.
iCandy Interactive Limited Balance Sheet Statement - Assets
As of 31 Dec 2023, The total current assets of iCandy Interactive Limited (ASX:ICI) was around $22,644,345 which consisted of $6,359,176 of Cash, no Inventory and $6,722,113 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 iCandy Interactive Limited also showed $11,776,772 of Property Plant Equipment and $38,768,753 of Good will. Also there were $10,389,887 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $85,944,154.
iCandy Interactive Limited Balance Sheet Statement - Liabilities
ICI's latest annual results shows the balance sheet has $1,518,077 of Accounts Payable. Also there were $13,465,782 of Short/Long term debt, $4,407,056 of Long term debt, $537,192 of Other Current liabilities and $12,824,402 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 2023's annual report of iCandy Interactive Limited, the total liabilities were $17,537,624.
ICI 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 iCandy Interactive Limited showed the total stock holder equity was $67,959,469 which consisted of $115,238,761 of Common stocks, $-18,957,204 of Retained earnings and no Other stock holder equity.
ICI Balance Sheet Statement History
Following table shows the history of balance sheet for iCandy Interactive Limited (ICI).
| 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | |
|---|---|---|---|
| Cash | 6,359,176 | 18,613,308 | 18,504,142 |
| Net Receivables | 6,722,113 | 8,455,992 | 1,364,023 |
| Inventory | - | - | - |
| Total Current Assets | 22,644,345 | 36,155,477 | 28,271,894 |
| Property Plant Equipment | 11,776,772 | 18,106,419 | 7,449 |
| Good Will | 38,768,753 | 43,263,806 | - |
| Intangible Assets | 10,389,887 | 51,093,171 | 4,076,119 |
| Other Assets | - | - | - |
| Deferred Long Term Asset Charges | - | - | - |
| Total Assets | 85,944,154 | 153,841,642 | 39,195,863 |
| Accounts Payable | 1,518,077 | 606,704 | 52,654 |
| Short/Long Term Debt | 13,465,782 | 8,582,101 | 133,654 |
| Other Current Liabilities | 537,192 | 239,668 | 495,700 |
| Long Term Debt | 4,407,056 | 2,556,205 | - |
| Other Liabilities | - | - | - |
| Total Current Liabilities | 12,824,402 | 9,233,872 | 2,073,607 |
| Total Liabilities | 17,537,624 | 12,815,780 | 2,132,033 |
| Common Stock | 115,238,761 | 117,689,373 | 58,168,466 |
| Retained Earnings | -18,957,204 | -11,483,009 | -12,533,790 |
| Treasury Stock | - | - | - |
| Other Stockholder Equity | - | - | - |
| Total Stockholder Equity | 67,959,469 | 86,476,220 | 34,054,984 |
| Net Tangible Assets | 18,800,829 | -7,880,757 | 29,978,865 |
iCandy Interactive Limited (ASX:ICI) Balance Sheet Statement FAQ
1. How much Cash iCandy Interactive Limited has on their balance sheet?
As of 31 Dec 2023, iCandy Interactive Limited (ASX:ICI) has $6,359,176 of Cash.
2. What's the long term debt of iCandy Interactive Limited?
As per the latest Balance sheet of iCandy Interactive Limited (ASX:ICI), it has $4,407,056 of Long term debt.
3. How much share holder equity does iCandy Interactive Limited has?
The iCandy Interactive Limited (ASX:ICI)'s balance sheet shows that it has $67,959,469 of Total stock holder equity.