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.

Ascension Capital Limited Balance Sheet Statement - Assets

As of 31 Mar 2022, The total current assets of Ascension Capital Limited (NZX:ACE) was around $29,181 which consisted of $4,080 of Cash, no Inventory and $271 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 NZD

Current assets
Total assets

The latest balance sheet of Ascension Capital 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 $29,181.

Ascension Capital Limited Balance Sheet Statement - Liabilities

ACE's latest annual results shows the balance sheet has $1,963 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $190,000 of Other Current liabilities and $664,394 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.

Account payable
Current liabilities
Total liabilities

As per the 31 Mar 2022's annual report of Ascension Capital Limited, the total liabilities were $664,394.

ACE 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 Ascension Capital Limited showed the total stock holder equity was $-635,213 which consisted of $16,071,545 of Common stocks, $-16,706,758 of Retained earnings and no Other stock holder equity.

ACE Balance Sheet Statement History

Following table shows the history of balance sheet for Ascension Capital Limited (ACE).

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Cash 4.08k 49.09k 15.68k 11k
Net Receivables 271 812 276 2k
Inventory - - - -
Total Current Assets 29.18k 74.57k 40.29k 94k
Property Plant Equipment - - - -
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 29.18k 74.57k 40.29k 94k
Accounts Payable 1.96k 5.7k 20.19k 132k
Short/Long Term Debt - - - -
Other Current Liabilities 190k 110k 103.25k 76k
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 664.39k 538.61k 499.35k 688k
Total Liabilities 664.39k 538.61k 499.35k 688k
Common Stock 16.07M 16.07M 15.93M 15.81M
Retained Earnings -16.71M -16.54M -16.39M -16.4M
Treasury Stock - - - -
Other Stockholder Equity - - - -
Total Stockholder Equity -635.21k -464.04k -459.06k -594k
Net Tangible Assets -635.21k -464.04k -459.06k -594k

Ascension Capital Limited (NZX:ACE) Balance Sheet Statement FAQ

1. How much Cash Ascension Capital Limited has on their balance sheet?

As of 31 Mar 2022, Ascension Capital Limited (NZX:ACE) has $4,080 of Cash.

2. What's the long term debt of Ascension Capital Limited?

As per the latest Balance sheet of Ascension Capital Limited (NZX:ACE), it has no Long term debt.

3. How much share holder equity does Ascension Capital Limited has?

The Ascension Capital Limited (NZX:ACE)'s balance sheet shows that it has $-635,213 of Total stock holder equity.