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.

Evolve Education Group Limited Balance Sheet Statement - Assets

As of 31 Dec 2021, The total current assets of Evolve Education Group Limited (NZX:EVO) was around $53,676,000 which consisted of $47,579,000 of Cash, no Inventory and $1,687,000 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 NZD

Cash
$47.58M
Current assets
$53.68M
Total assets
$425.02M

The latest balance sheet of Evolve Education Group Limited also showed $191,686,000 of Property Plant Equipment and $157,285,000 of Good will. Also there were $3,208,000 of Intangible assets and $14,061,000 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $425,017,000.

Evolve Education Group Limited Balance Sheet Statement - Liabilities

EVO's latest annual results shows the balance sheet has $1,048,000 of Accounts Payable. Also there were no Short/Long term debt, $36,216,000 of Long term debt, $20,678,000 of Other Current liabilities and $42,291,000 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
$1.05M
Current liabilities
$42.29M
Total liabilities
$293.13M

As per the 31 Dec 2021's annual report of Evolve Education Group Limited, the total liabilities were $293,133,000.

EVO 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 Evolve Education Group Limited showed the total stock holder equity was $131,884,000 which consisted of $260,014,000 of Common stocks, $-127,713,000 of Retained earnings and $-417,000 of Other stock holder equity.

EVO Balance Sheet Statement History

Following table shows the history of balance sheet for Evolve Education Group Limited (EVO).

31 Dec 202131 Dec 202031 Mar 202031 Mar 2019
Cash47.58M59.14M39.05M25.27M
Net Receivables1.69M1.08M14.53M1.52M
Inventory----
Total Current Assets53.68M61.65M54.19M29.56M
Property Plant Equipment191.69M178.04M185.02M5.82M
Good Will157.28M114.51M113.86M95.29M
Intangible Assets3.21M3.19M3.22M3.32M
Other Assets14.06M13.02M11.93M2.15M
Deferred Long Term Asset Charges14.06M13.02M11.93M2.15M
Total Assets425.02M374.47M368.22M136.14M
Accounts Payable1.05M1.81M504k339k
Short/Long Term Debt---30M
Other Current Liabilities20.68M9.12M26.83M18.57M
Long Term Debt36.22M36.14M17.67M25.36M
Other Liabilities----
Total Current Liabilities42.29M28.63M47.8M59.1M
Total Liabilities293.13M264.96M267.44M84.46M
Common Stock260.01M237.98M237.98M159.6M
Retained Earnings-127.71M-128.45M-136.02M-107.92M
Treasury Stock-417k-16k-1.17M-
Other Stockholder Equity-417k-16k-1.17M-
Total Stockholder Equity131.88M109.51M100.78M51.68M
Net Tangible Assets-28.61M-8.19M-16.3M-46.93M

Evolve Education Group Limited (NZX:EVO) Balance Sheet Statement FAQ

1. How much Cash Evolve Education Group Limited has on their balance sheet?

As of 31 Dec 2021, Evolve Education Group Limited (NZX:EVO) has $47,579,000 of Cash.

2. What's the long term debt of Evolve Education Group Limited?

As per the latest Balance sheet of Evolve Education Group Limited (NZX:EVO), it has $36,216,000 of Long term debt.

3. How much share holder equity does Evolve Education Group Limited has?

The Evolve Education Group Limited (NZX:EVO)'s balance sheet shows that it has $131,884,000 of Total stock holder equity.