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.
SKS Technologies Group Limited Balance Sheet Statement - Assets
As of 30 Jun 2025, The total current assets of SKS Technologies Group Limited (ASX:SKS) was around $94,769,381 which consisted of $32,476,963 of Cash, $43,432 of Inventory and $61,903,863 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 SKS Technologies Group Limited also showed $11,479,615 of Property Plant Equipment and $1,867,660 of Good will. Also there were $130,851 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $110,365,203.
SKS Technologies Group Limited Balance Sheet Statement - Liabilities
SKS's latest annual results shows the balance sheet has $12,577,298 of Accounts Payable. Also there were $8,390,373 of Short/Long term debt, no Long term debt, no Other Current liabilities and $78,749,506 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 30 Jun 2025's annual report of SKS Technologies Group Limited, the total liabilities were $85,820,993.
SKS 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 SKS Technologies Group Limited showed the total stock holder equity was $24,341,375 which consisted of $23,076,656 of Common stocks, $1,104,742 of Retained earnings and no Other stock holder equity.
SKS Balance Sheet Statement History
Following table shows the history of balance sheet for SKS Technologies Group Limited (SKS).
| 30 Jun 2025 | 30 Jun 2024 | 30 Jun 2023 | 30 Jun 2022 | |
|---|---|---|---|---|
| Cash | 32,476,963 | 3,366,688 | 8,584 | 39,534 |
| Net Receivables | 61,903,863 | 42,175,630 | 18,080,510 | 20,173,143 |
| Inventory | 43,432 | 142,120 | 49,337 | 102,925 |
| Total Current Assets | 94,769,381 | 45,986,892 | 18,507,629 | 20,603,349 |
| Property Plant Equipment | 11,479,615 | 8,548,889 | 6,699,005 | 5,962,958 |
| Good Will | 1,867,660 | 1,867,660 | 1,867,660 | 1,867,660 |
| Intangible Assets | 130,851 | 16,057 | 33,353 | 51,706 |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 110,365,203 | 58,216,880 | 28,772,698 | 30,576,220 |
| Accounts Payable | 12,577,298 | 19,215,071 | 8,685,512 | 10,957,655 |
| Short/Long Term Debt | 8,390,373 | 7,594,772 | 9,144,312 | 7,665,720 |
| Other Current Liabilities | - | - | - | 500,820 |
| Long Term Debt | - | - | - | - |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 78,749,506 | 40,999,892 | 20,164,993 | 21,051,920 |
| Total Liabilities | 85,820,993 | 47,599,116 | 25,047,583 | 25,506,401 |
| Common Stock | 23,076,656 | 22,615,664 | 22,359,070 | 22,072,786 |
| Retained Earnings | 1,104,742 | -10,414,321 | -16,754,545 | -17,233,876 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 24,341,375 | 12,201,343 | 5,606,992 | 5,069,819 |
| Net Tangible Assets | 22,342,864 | 10,317,626 | 3,705,979 | 3,150,453 |
SKS Technologies Group Limited (ASX:SKS) Balance Sheet Statement FAQ
1. How much Cash SKS Technologies Group Limited has on their balance sheet?
As of 30 Jun 2025, SKS Technologies Group Limited (ASX:SKS) has $32,476,963 of Cash.
2. What's the long term debt of SKS Technologies Group Limited?
As per the latest Balance sheet of SKS Technologies Group Limited (ASX:SKS), it has no Long term debt.
3. How much share holder equity does SKS Technologies Group Limited has?
The SKS Technologies Group Limited (ASX:SKS)'s balance sheet shows that it has $24,341,375 of Total stock holder equity.