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.
Scalare Partners Holdings Limited Balance Sheet Statement - Assets
As of 31 Dec 2023, The total current assets of Scalare Partners Holdings Limited (ASX:SCP) was around $3,563 which consisted of $1,636 of Cash, no Inventory and $1,927 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 Scalare Partners Holdings Limited also showed no 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 $3,563.
Scalare Partners Holdings Limited Balance Sheet Statement - Liabilities
SCP's latest annual results shows the balance sheet has $25,183 of Accounts Payable. Also there were $82,600 of Short/Long term debt, no Long term debt, no Other Current liabilities and $135,915 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 Scalare Partners Holdings Limited, the total liabilities were $135,915.
SCP 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 Scalare Partners Holdings Limited showed the total stock holder equity was $-132,352 which consisted of $45,329,811 of Common stocks, $-49,274,071 of Retained earnings and no Other stock holder equity.
SCP Balance Sheet Statement History
Following table shows the history of balance sheet for Scalare Partners Holdings Limited (SCP).
| 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | |
|---|---|---|---|
| Cash | 1,636 | 182,611 | 7,178,471.809 |
| Net Receivables | 1,927 | 29,366 | 2,432,049.45 |
| Inventory | - | - | 9,786,225.627 |
| Total Current Assets | 3,563 | 218,092 | 19,917,329.53 |
| Property Plant Equipment | - | - | 1,230,315.448 |
| Good Will | - | - | - |
| Intangible Assets | - | - | 126,706.617 |
| Other Assets | - | - | - |
| Deferred Long Term Asset Charges | - | - | - |
| Total Assets | 3,563 | 218,092 | 21,404,312.407 |
| Accounts Payable | 25,183 | 66,481 | 2,352,268.604 |
| Short/Long Term Debt | 82,600 | 1,339,838 | 11,126,273.191 |
| Other Current Liabilities | - | - | - |
| Long Term Debt | - | - | 7,284,528.99 |
| Other Liabilities | - | - | - |
| Total Current Liabilities | 135,915 | 1,535,821 | 6,662,735.278 |
| Total Liabilities | 135,915 | 1,535,821 | 14,126,356.639 |
| Common Stock | 45,329,811 | 45,131,636 | 44,826,777.843 |
| Retained Earnings | -49,274,071 | -50,261,273 | -25,999,518.927 |
| Treasury Stock | - | - | - |
| Other Stockholder Equity | - | - | - |
| Total Stockholder Equity | -132,352 | -1,317,729 | 7,212,975.363 |
| Net Tangible Assets | -132,352 | -1,317,729 | 7,086,268.745 |
Scalare Partners Holdings Limited (ASX:SCP) Balance Sheet Statement FAQ
1. How much Cash Scalare Partners Holdings Limited has on their balance sheet?
As of 31 Dec 2023, Scalare Partners Holdings Limited (ASX:SCP) has $1,636 of Cash.
2. What's the long term debt of Scalare Partners Holdings Limited?
As per the latest Balance sheet of Scalare Partners Holdings Limited (ASX:SCP), it has no Long term debt.
3. How much share holder equity does Scalare Partners Holdings Limited has?
The Scalare Partners Holdings Limited (ASX:SCP)'s balance sheet shows that it has $-132,352 of Total stock holder equity.