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
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.
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.