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.
Xref Limited Balance Sheet Statement - Assets
As of 30 Jun 2024, The total current assets of Xref Limited (ASX:XF1) was around $8,853,391 which consisted of $4,593,835 of Cash, no Inventory and $2,757,148 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 Xref Limited also showed $327,686 of Property Plant Equipment and $2,950,434 of Good will. Also there were $8,097,351 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $20,356,787.
Xref Limited Balance Sheet Statement - Liabilities
XF1's latest annual results shows the balance sheet has $744,436 of Accounts Payable. Also there were $8,458,430 of Short/Long term debt, $7,224,074 of Long term debt, $523,256 of Other Current liabilities and $18,127,463 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 Xref Limited, the total liabilities were $26,205,396.
XF1 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 Xref Limited showed the total stock holder equity was $-5,848,609 which consisted of $55,405,847 of Common stocks, $-40,611,830 of Retained earnings and no Other stock holder equity.
XF1 Balance Sheet Statement History
Following table shows the history of balance sheet for Xref Limited (XF1).
| 30 Jun 2024 | 30 Jun 2023 | 30 Jun 2022 | 30 Jun 2021 | |
|---|---|---|---|---|
| Cash | 4,593,835 | 6,835,478 | 11,673,989 | 8,131,072 |
| Net Receivables | 2,757,148 | 2,774,414 | 1,892,011 | 2,021,145 |
| Inventory | - | - | - | - |
| Total Current Assets | 8,853,391 | 11,666,174 | 15,493,546 | 11,676,131 |
| Property Plant Equipment | 327,686 | 1,167,461 | 551,273 | 393,376 |
| Good Will | 2,950,434 | 2,377,726 | 1,333,986 | 1,333,986 |
| Intangible Assets | 8,097,351 | 7,062,772 | 2,739,690 | 1,541,596 |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 20,356,787 | 22,898,910 | 20,173,565 | 14,999,232 |
| Accounts Payable | 744,436 | 956,048 | 366,429 | 471,405 |
| Short/Long Term Debt | 8,458,430 | 5,332,340 | 4,960,481 | 4,685,375 |
| Other Current Liabilities | 523,256 | 812,000 | - | - |
| Long Term Debt | 7,224,074 | 4,375,190 | 4,205,192 | 4,045,878 |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 18,127,463 | 17,385,095 | 14,070,866 | 11,773,443 |
| Total Liabilities | 26,205,396 | 23,101,432 | 18,701,383 | 16,008,059 |
| Common Stock | 55,405,847 | 55,470,213 | 55,100,613 | 53,948,230 |
| Retained Earnings | -40,611,830 | -34,930,734 | -32,135,628 | -34,017,235 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | -5,848,609 | -202,522 | 1,472,182 | -1,008,827 |
| Net Tangible Assets | -16,896,394 | -9,643,020 | -2,601,494 | -3,884,409 |
Xref Limited (ASX:XF1) Balance Sheet Statement FAQ
1. How much Cash Xref Limited has on their balance sheet?
As of 30 Jun 2024, Xref Limited (ASX:XF1) has $4,593,835 of Cash.
2. What's the long term debt of Xref Limited?
As per the latest Balance sheet of Xref Limited (ASX:XF1), it has $7,224,074 of Long term debt.
3. How much share holder equity does Xref Limited has?
The Xref Limited (ASX:XF1)'s balance sheet shows that it has $-5,848,609 of Total stock holder equity.