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.

Good Spirits Hospitality Limited Balance Sheet Statement - Assets

As of 30 Jun 2021, The total current assets of Good Spirits Hospitality Limited (NZX:GSH) was around $3,822,647 which consisted of $2,578,837 of Cash, $455,067 of Inventory and $258,170 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
$2.58M
Current assets
$3.82M
Total assets
$46.1M

The latest balance sheet of Good Spirits Hospitality Limited also showed $17,516,465 of Property Plant Equipment and $23,742,788 of Good will. Also there were no Intangible assets and $1,019,449 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $46,101,349.

Good Spirits Hospitality Limited Balance Sheet Statement - Liabilities

GSH's latest annual results shows the balance sheet has $1,793,307 of Accounts Payable. Also there were no Short/Long term debt, $26,861,018 of Long term debt, $110,120 of Other Current liabilities and $3,885,848 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
$1.79M
Current liabilities
$3.89M
Total liabilities
$44.83M

As per the 30 Jun 2021's annual report of Good Spirits Hospitality Limited, the total liabilities were $44,827,054.

GSH 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 Good Spirits Hospitality Limited showed the total stock holder equity was $1,274,295 which consisted of $35,179,408 of Common stocks, $-33,905,113 of Retained earnings and no Other stock holder equity.

GSH Balance Sheet Statement History

Following table shows the history of balance sheet for Good Spirits Hospitality Limited (GSH).

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash2.58M2.8M1.3M1.17M
Net Receivables258.17k118.95k75.24k81.85k
Inventory455.07k384.98k365.57k327.53k
Total Current Assets3.82M3.89M2.31M1.79M
Property Plant Equipment17.52M18.65M3.63M2.76M
Good Will23.74M28.89M33.75M29.98M
Intangible Assets----
Other Assets1.02M1.03M668.47k1.27M
Deferred Long Term Asset Charges1.02M1.03M668.47k1.27M
Total Assets46.1M52.47M40.36M35.8M
Accounts Payable1.79M2.05M2.23M1.41M
Short/Long Term Debt-715.19k791.57k847.41k
Other Current Liabilities110.12k-1185.23k
Long Term Debt26.86M26.53M22.99M19.19M
Other Liabilities1M809.26k1.04M-
Total Current Liabilities3.89M4.96M3.65M4.11M
Total Liabilities44.83M45.63M27.68M23.31M
Common Stock35.18M34.9M34.14M34.14M
Retained Earnings-33.91M-28.07M-22.23M-22.42M
Treasury Stock--780.03k780.03k
Other Stockholder Equity--780.03k780.03k
Total Stockholder Equity1.27M6.84M12.68M12.5M
Net Tangible Assets-22.47M-22.06M-21.07M-17.48M

Good Spirits Hospitality Limited (NZX:GSH) Balance Sheet Statement FAQ

1. How much Cash Good Spirits Hospitality Limited has on their balance sheet?

As of 30 Jun 2021, Good Spirits Hospitality Limited (NZX:GSH) has $2,578,837 of Cash.

2. What's the long term debt of Good Spirits Hospitality Limited?

As per the latest Balance sheet of Good Spirits Hospitality Limited (NZX:GSH), it has $26,861,018 of Long term debt.

3. How much share holder equity does Good Spirits Hospitality Limited has?

The Good Spirits Hospitality Limited (NZX:GSH)'s balance sheet shows that it has $1,274,295 of Total stock holder equity.