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.

Livestock Improvement Corporation Limited Balance Sheet Statement - Assets

As of 31 May 2021, The total current assets of Livestock Improvement Corporation Limited (NZX:LIC) was around $113,469,000 which consisted of $18,821,000 of Cash, $11,038,000 of Inventory and $56,464,000 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
$18.82M
Current assets
$113.47M
Total assets
$382M

The latest balance sheet of Livestock Improvement Corporation Limited also showed $209,904,000 of Property Plant Equipment and $2,330,000 of Good will. Also there were $42,973,000 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $382,005,000.

Livestock Improvement Corporation Limited Balance Sheet Statement - Liabilities

LIC's latest annual results shows the balance sheet has no Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $30,411,000 of Other Current liabilities and $33,384,000 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
$-
Current liabilities
$33.38M
Total liabilities
$87.88M

As per the 31 May 2021's annual report of Livestock Improvement Corporation Limited, the total liabilities were $87,882,000.

LIC 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 Livestock Improvement Corporation Limited showed the total stock holder equity was $294,123,000 which consisted of $76,737,000 of Common stocks, $175,565,000 of Retained earnings and $41,821,000 of Other stock holder equity.

LIC Balance Sheet Statement History

Following table shows the history of balance sheet for Livestock Improvement Corporation Limited (LIC).

31 May 202131 May 202031 May 201931 May 2018
Cash18.82M16.49M4.53M2.52M
Net Receivables56.46M56.87M63.94M45.09M
Inventory11.04M13.6M16.36M12.74M
Total Current Assets113.47M87.71M85.65M61.1M
Property Plant Equipment209.9M210.9M203.76M192.84M
Good Will2.33M6.5M6.47M6.51M
Intangible Assets42.97M61.31M67.31M67.5M
Other Assets----
Deferred Long Term Asset Charges----
Total Assets382M379.94M380.74M341.73M
Accounts Payable----
Short/Long Term Debt-1.62M4.66M19.64M
Other Current Liabilities30.41M29.33M35.12M25.15M
Long Term Debt----
Other Liabilities43.04M42.84M49.51M48.58M
Total Current Liabilities33.38M34.1M39.78M51.05M
Total Liabilities87.88M89.7M89.3M99.62M
Common Stock76.74M78.43M78.43M53.13M
Retained Earnings175.56M170.72M169.76M150.14M
Treasury Stock41.82M40.71M42.99M38.6M
Other Stockholder Equity41.82M40.71M42.99M38.6M
Total Stockholder Equity294.12M289.86M291.19M241.86M
Net Tangible Assets248.82M222.05M217.41M167.85M

Livestock Improvement Corporation Limited (NZX:LIC) Balance Sheet Statement FAQ

1. How much Cash Livestock Improvement Corporation Limited has on their balance sheet?

As of 31 May 2021, Livestock Improvement Corporation Limited (NZX:LIC) has $18,821,000 of Cash.

2. What's the long term debt of Livestock Improvement Corporation Limited?

As per the latest Balance sheet of Livestock Improvement Corporation Limited (NZX:LIC), it has no Long term debt.

3. How much share holder equity does Livestock Improvement Corporation Limited has?

The Livestock Improvement Corporation Limited (NZX:LIC)'s balance sheet shows that it has $294,123,000 of Total stock holder equity.