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.
WestStar Industrial Limited Balance Sheet Statement - Assets
As of 30 Jun 2024, The total current assets of WestStar Industrial Limited (ASX:WSI) was around $56,196,542 which consisted of $13,678,160 of Cash, $876,347 of Inventory and $23,168,320 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 WestStar Industrial Limited also showed $8,128,261 of Property Plant Equipment and $4,508,116 of Good will. Also there were $1,274,663 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $73,266,350.
WestStar Industrial Limited Balance Sheet Statement - Liabilities
WSI's latest annual results shows the balance sheet has $17,784,000 of Accounts Payable. Also there were $3,647,906 of Short/Long term debt, no Long term debt, $3,067,938 of Other Current liabilities and $40,061,736 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 2024's annual report of WestStar Industrial Limited, the total liabilities were $43,282,203.
WSI 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 WestStar Industrial Limited showed the total stock holder equity was $29,984,147 which consisted of $25,435,791 of Common stocks, $4,360,440 of Retained earnings and no Other stock holder equity.
WSI Balance Sheet Statement History
Following table shows the history of balance sheet for WestStar Industrial Limited (WSI).
| 30 Jun 2024 | 30 Jun 2023 | 30 Jun 2022 | 30 Jun 2021 | |
|---|---|---|---|---|
| Cash | 13,678,160 | 16,114,782 | 20,308,635 | 13,152,258 |
| Net Receivables | 23,168,320 | 22,792,963 | 20,029,328 | 17,057,488 |
| Inventory | 876,347 | 532,695 | 681,211 | 1,027,602 |
| Total Current Assets | 56,196,542 | 62,688,057 | 47,712,547 | 35,881,648 |
| Property Plant Equipment | 8,128,261 | 6,041,898 | 7,023,430 | 7,205,557 |
| Good Will | 4,508,116 | 4,508,116 | 4,508,116 | 4,508,116 |
| Intangible Assets | 1,274,663 | - | - | - |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 73,266,350 | 77,371,126 | 63,062,303 | 48,799,076 |
| Accounts Payable | 17,784,000 | 19,342,308 | 18,942,784 | 14,591,397 |
| Short/Long Term Debt | 3,647,906 | 1,933,979 | 2,634,045 | 3,860,140 |
| Other Current Liabilities | 3,067,938 | 609,447 | 2,168,504 | 3,969,551 |
| Long Term Debt | - | - | - | - |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 40,061,736 | 50,080,711 | 37,596,675 | 31,019,248 |
| Total Liabilities | 43,282,203 | 51,780,593 | 39,413,149 | 33,763,529 |
| Common Stock | 25,435,791 | 24,455,791 | 24,455,791 | 20,427,962 |
| Retained Earnings | 4,360,440 | 379,625 | -1,667,031 | -5,977,499 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 29,984,147 | 25,590,533 | 23,649,154 | 14,831,993 |
| Net Tangible Assets | 24,201,368 | 21,082,417 | 19,141,038 | 10,323,877 |
WestStar Industrial Limited (ASX:WSI) Balance Sheet Statement FAQ
1. How much Cash WestStar Industrial Limited has on their balance sheet?
As of 30 Jun 2024, WestStar Industrial Limited (ASX:WSI) has $13,678,160 of Cash.
2. What's the long term debt of WestStar Industrial Limited?
As per the latest Balance sheet of WestStar Industrial Limited (ASX:WSI), it has no Long term debt.
3. How much share holder equity does WestStar Industrial Limited has?
The WestStar Industrial Limited (ASX:WSI)'s balance sheet shows that it has $29,984,147 of Total stock holder equity.