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.

Embark Education Limited Balance Sheet Statement - Assets

As of 31 Dec 2021, The total current assets of Embark Education 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 Embark Education 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.

Embark Education 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 Embark Education 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 Embark Education 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 Embark Education Limited (EVO).

31 Dec 2021 31 Dec 2020 31 Mar 2020 31 Mar 2019
Cash 47.58M 59.14M 39.05M 25.27M
Net Receivables 1.69M 1.08M 14.53M 1.52M
Inventory - - - -
Total Current Assets 53.68M 61.65M 54.19M 29.56M
Property Plant Equipment 191.69M 178.04M 185.02M 5.82M
Good Will 157.28M 114.51M 113.86M 95.29M
Intangible Assets 3.21M 3.19M 3.22M 3.32M
Other Assets 14.06M 13.02M 11.93M 2.15M
Deferred Long Term Asset Charges 14.06M 13.02M 11.93M 2.15M
Total Assets 425.02M 374.47M 368.22M 136.14M
Accounts Payable 1.05M 1.81M 504k 339k
Short/Long Term Debt - - - 30M
Other Current Liabilities 20.68M 9.12M 26.83M 18.57M
Long Term Debt 36.22M 36.14M 17.67M 25.36M
Other Liabilities - - - -
Total Current Liabilities 42.29M 28.63M 47.8M 59.1M
Total Liabilities 293.13M 264.96M 267.44M 84.46M
Common Stock 260.01M 237.98M 237.98M 159.6M
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 Equity 131.88M 109.51M 100.78M 51.68M
Net Tangible Assets -28.61M -8.19M -16.3M -46.93M

Embark Education Limited (NZX:EVO) Balance Sheet Statement FAQ

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

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

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

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

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

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