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

Cash
$832.74k
Current assets
$2.29M
Total assets
$45.04M

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
$2.53M
Current liabilities
$35.77M
Total liabilities
$50.37M

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 202230 Jun 202130 Jun 202030 Jun 2019
Cash832.74k2.58M2.8M1.3M
Net Receivables230.49k258.17k118.95k75.24k
Inventory509.48k455.07k384.98k365.57k
Total Current Assets2.29M3.82M3.89M2.31M
Property Plant Equipment18.22M17.52M18.65M3.63M
Good Will23.12M23.74M28.89M33.75M
Intangible Assets----
Other Assets1.4M1.02M1.03M668.47k
Deferred Long Term Asset Charges1.4M1.02M1.03M668.47k
Total Assets45.04M46.1M52.47M40.36M
Accounts Payable2.53M1.79M2.05M2.23M
Short/Long Term Debt31.56M-715.19k791.57k
Other Current Liabilities103.3k110.12k-1
Long Term Debt-26.86M26.53M22.99M
Other Liabilities1.71M1M809.26k1.04M
Total Current Liabilities35.77M3.89M4.96M3.65M
Total Liabilities50.37M44.83M45.63M27.68M
Common Stock35.18M35.18M34.9M34.14M
Retained Earnings-40.51M-33.91M-28.07M-22.23M
Treasury Stock---780.03k
Other Stockholder Equity---780.03k
Total Stockholder Equity-5.33M1.27M6.84M12.68M
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.