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 2021, The total current assets of Ascension Capital Limited (NZX:ACE) was around $74,566 which consisted of $49,085 of Cash, no Inventory and $4,170 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

Cash
$49.09k
Current assets
$74.57k
Total assets
$74.57k

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 $74,566.

Ascension Capital Limited Balance Sheet Statement - Liabilities

ACE's latest annual results shows the balance sheet has $5,698 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $110,000 of Other Current liabilities and $538,608 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
$5.7k
Current liabilities
$538.61k
Total liabilities
$538.61k

As per the 31 Mar 2021's annual report of Ascension Capital Limited, the total liabilities were $538,608.

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 $-464,042 which consisted of $16,071,545 of Common stocks, $-16,535,587 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 202131 Mar 202031 Mar 201931 Mar 2018
Cash49.09k15.68k11k42k
Net Receivables4.17k4.38k2k2k
Inventory----
Total Current Assets74.57k40.29k94k125k
Property Plant Equipment----
Good Will----
Intangible Assets----
Other Assets----
Deferred Long Term Asset Charges----
Total Assets74.57k40.29k94k125k
Accounts Payable5.7k20.19k132k10k
Short/Long Term Debt----
Other Current Liabilities110k103.25k76k76k
Long Term Debt----
Other Liabilities----
Total Current Liabilities538.61k499.35k688k526k
Total Liabilities538.61k499.35k688k526k
Common Stock16.07M15.93M15.81M15.81M
Retained Earnings-16.54M-16.39M-16.4M-16.21M
Treasury Stock----
Other Stockholder Equity----
Total Stockholder Equity-464.04k-459.06k-594k-401k
Net Tangible Assets-464.04k-459.06k-594k-401k

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 2021, Ascension Capital Limited (NZX:ACE) has $49,085 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 $-464,042 of Total stock holder equity.