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 2022, The total current assets of Good Spirits Hospitality Limited (NZX:GSH) was around $2,291,705 which consisted of $832,739 of Cash, $509,479 of Inventory and $230,493 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

Current assets
Total assets

The latest balance sheet of Good Spirits Hospitality Limited also showed $18,224,530 of Property Plant Equipment and $23,120,889 of Good will. Also there were no Intangible assets and $1,403,260 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $45,040,384.

Good Spirits Hospitality Limited Balance Sheet Statement - Liabilities

GSH's latest annual results shows the balance sheet has $2,531,335 of Accounts Payable. Also there were $31,559,364 of Short/Long term debt, no Long term debt, $103,300 of Other Current liabilities and $35,767,745 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
Total liabilities

As per the 30 Jun 2022's annual report of Good Spirits Hospitality Limited, the total liabilities were $50,367,728.

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 $-5,327,344 which consisted of $35,179,408 of Common stocks, $-40,506,752 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 2022 30 Jun 2021 30 Jun 2020 30 Jun 2019
Cash 832.74k 2.44M 2.8M 1.3M
Net Receivables 230.49k 263.67k 118.95k 75.24k
Inventory 509.48k 455.07k 384.98k 365.57k
Total Current Assets 2.29M 3.82M 3.89M 2.31M
Property Plant Equipment 18.22M 17.52M 18.65M 3.63M
Good Will 23.12M 23.74M 28.89M 33.75M
Intangible Assets - - - -
Other Assets 1.4M 1.02M 1.03M 668.47k
Deferred Long Term Asset Charges 1.4M 1.02M 1.03M 668.47k
Total Assets 45.04M 46.1M 52.47M 40.36M
Accounts Payable 2.53M 1.79M 2.05M 2.23M
Short/Long Term Debt 31.56M - 715.19k 791.57k
Other Current Liabilities 103.3k 110.12k - 1
Long Term Debt - 26.86M 26.53M 22.99M
Other Liabilities 1.71M 1M 809.26k 1.04M
Total Current Liabilities 35.77M 3.89M 4.96M 3.65M
Total Liabilities 50.37M 44.83M 45.63M 27.68M
Common Stock 35.18M 35.18M 34.9M 34.14M
Retained Earnings -40.51M -33.91M -28.07M -22.23M
Treasury Stock - - - 780.03k
Other Stockholder Equity - - - 780.03k
Total Stockholder Equity -5.33M 1.27M 6.84M 12.68M
Net Tangible Assets -28.45M -22.47M -22.06M -21.07M

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 2022, Good Spirits Hospitality Limited (NZX:GSH) has $832,739 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 no 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 $-5,327,344 of Total stock holder equity.