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.
I Synergy Group Limited Balance Sheet Statement - Assets
As of 31 Dec 2024, The total current assets of I Synergy Group Limited (ASX:IS3) was around $213,807 which consisted of $39,644 of Cash, no Inventory and $518 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 I Synergy Group Limited also showed $69,985 of Property Plant Equipment and no Good will. Also there were no Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $283,792.
I Synergy Group Limited Balance Sheet Statement - Liabilities
IS3's latest annual results shows the balance sheet has $313,202 of Accounts Payable. Also there were $607,891 of Short/Long term debt, no Long term debt, $693,262 of Other Current liabilities and $2,259,285 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 I Synergy Group Limited, the total liabilities were $2,768,440.
IS3 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 I Synergy Group Limited showed the total stock holder equity was $-2,522,159 which consisted of $8,970,576 of Common stocks, $-13,209,095 of Retained earnings and no Other stock holder equity.
IS3 Balance Sheet Statement History
Following table shows the history of balance sheet for I Synergy Group Limited (IS3).
| 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | |
|---|---|---|---|---|
| Cash | 39,644 | 127,000 | 322,000 | 907,000 |
| Net Receivables | 518 | 75,000 | -116,736 | 292,000 |
| Inventory | - | - | - | - |
| Total Current Assets | 213,807 | 375,736 | 1,469,797 | 1,455,621 |
| Property Plant Equipment | 69,985 | 673,000 | 234,325 | 808,000 |
| Good Will | - | - | - | - |
| Intangible Assets | - | - | 1,109,000 | 267,000 |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 283,792 | 1,048,736 | 2,813,122 | 2,530,621 |
| Accounts Payable | 313,202 | - | 44,000 | 24,000 |
| Short/Long Term Debt | 607,891 | 725,000 | 416,000 | 203,000 |
| Other Current Liabilities | 693,262 | 561,000 | 87,778 | - |
| Long Term Debt | - | - | - | - |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 2,259,285 | 2,081,000 | 1,288,778 | 1,898,000 |
| Total Liabilities | 2,768,440 | 3,393,000 | 4,424,778 | 5,085,236 |
| Common Stock | 8,970,576 | 8,508,000 | 8,328,000 | 2,442,000 |
| Retained Earnings | -13,209,095 | -12,988,000 | -13,058,000 | -5,326,000 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | -2,522,159 | -2,459,000 | -1,194,000 | -2,577,000 |
| Net Tangible Assets | -2,522,159 | -2,459,000 | -2,303,000 | -2,844,000 |
I Synergy Group Limited (ASX:IS3) Balance Sheet Statement FAQ
1. How much Cash I Synergy Group Limited has on their balance sheet?
As of 31 Dec 2024, I Synergy Group Limited (ASX:IS3) has $39,644 of Cash.
2. What's the long term debt of I Synergy Group Limited?
As per the latest Balance sheet of I Synergy Group Limited (ASX:IS3), it has no Long term debt.
3. How much share holder equity does I Synergy Group Limited has?
The I Synergy Group Limited (ASX:IS3)'s balance sheet shows that it has $-2,522,159 of Total stock holder equity.