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
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.
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.