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.

The Bankers Investment Trust PLC Balance Sheet Statement - Assets

As of 31 Oct 2021, The total current assets of The Bankers Investment Trust PLC (NZX:BIT) was around £37,648,000 which consisted of £25,429,000 of Cash, no Inventory and £1,634,000 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 GBP

Cash
£25.43M
Current assets
£37.65M
Total assets
£1.73B

The latest balance sheet of The Bankers Investment Trust PLC 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 £1,729,817,000.

The Bankers Investment Trust PLC Balance Sheet Statement - Liabilities

BIT's latest annual results shows the balance sheet has no Accounts Payable. Also there were no Short/Long term debt, £138,683,000 of Long term debt, £406,000 of Other Current liabilities and £3,750,000 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
£3.75M
Total liabilities
£142.43M

As per the 31 Oct 2021's annual report of The Bankers Investment Trust PLC, the total liabilities were £142,433,000.

BIT 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 The Bankers Investment Trust PLC showed the total stock holder equity was £1,587,384,000 which consisted of £32,827,000 of Common stocks, £1,382,220,000 of Retained earnings and £12,540,000 of Other stock holder equity.

BIT Balance Sheet Statement History

Following table shows the history of balance sheet for The Bankers Investment Trust PLC (BIT).

31 Oct 202131 Oct 202031 Oct 201931 Oct 2018
Cash25.43M54.22M54.94M20.07M
Net Receivables1.63M1.24M2.17M2.74M
Inventory----
Total Current Assets37.65M82.26M104.07M42.75M
Property Plant Equipment----
Good Will----
Intangible Assets----
Other Assets----
Deferred Long Term Asset Charges----
Total Assets1.73B1.33B1.23B1.13B
Accounts Payable--2.87M1.93M
Short/Long Term Debt----
Other Current Liabilities406k376k472k238k
Long Term Debt138.68M64.83M64.82M64.83M
Other Liabilities----
Total Current Liabilities3.75M3M4.56M3.37M
Total Liabilities142.43M67.83M69.38M68.2M
Common Stock32.83M32.29M30.99M30.99M
Retained Earnings1.38B1.08B1.04B939.57M
Treasury Stock12.54M12.49M12.49M12.49M
Other Stockholder Equity12.54M12.49M12.49M12.49M
Total Stockholder Equity1.59B1.26B1.16B1.06B
Net Tangible Assets1.59B1.26B1.16B1.06B

The Bankers Investment Trust PLC (NZX:BIT) Balance Sheet Statement FAQ

1. How much Cash The Bankers Investment Trust PLC has on their balance sheet?

As of 31 Oct 2021, The Bankers Investment Trust PLC (NZX:BIT) has £25,429,000 of Cash.

2. What's the long term debt of The Bankers Investment Trust PLC?

As per the latest Balance sheet of The Bankers Investment Trust PLC (NZX:BIT), it has £138,683,000 of Long term debt.

3. How much share holder equity does The Bankers Investment Trust PLC has?

The The Bankers Investment Trust PLC (NZX:BIT)'s balance sheet shows that it has £1,587,384,000 of Total stock holder equity.