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.

Millennium & Copthorne Hotels New Zealand Limited Balance Sheet Statement - Assets

As of 31 Dec 2021, The total current assets of Millennium & Copthorne Hotels New Zealand Limited (NZX:MCK) was around $223,172,000 which consisted of $58,143,000 of Cash, $28,099,000 of Inventory and $15,434,000 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
$58.14M
Current assets
$223.17M
Total assets
$680.8M

The latest balance sheet of Millennium & Copthorne Hotels New Zealand Limited also showed $245,782,000 of Property Plant Equipment and no Good will. Also there were no Intangible assets and $211,840,000 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $680,796,000.

Millennium & Copthorne Hotels New Zealand Limited Balance Sheet Statement - Liabilities

MCK's latest annual results shows the balance sheet has $5,230,000 of Accounts Payable. Also there were $1,000,000 of Short/Long term debt, no Long term debt, $20,866,000 of Other Current liabilities and $37,841,000 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
$5.23M
Current liabilities
$37.84M
Total liabilities
$63M

As per the 31 Dec 2021's annual report of Millennium & Copthorne Hotels New Zealand Limited, the total liabilities were $62,997,000.

MCK 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 Millennium & Copthorne Hotels New Zealand Limited showed the total stock holder equity was $514,189,000 which consisted of $383,266,000 of Common stocks, $132,974,000 of Retained earnings and $-2,025,000 of Other stock holder equity.

MCK Balance Sheet Statement History

Following table shows the history of balance sheet for Millennium & Copthorne Hotels New Zealand Limited (MCK).

31 Dec 202131 Dec 202031 Dec 201931 Dec 2018
Cash58.14M20.77M43.18M14.44M
Net Receivables15.43M12.17M21.14M21.52M
Inventory28.1M43.69M53.5M58.71M
Total Current Assets223.17M256.03M239.87M202.95M
Property Plant Equipment245.78M247.91M591.75M532.12M
Good Will----
Intangible Assets----
Other Assets211.84M160.21M176.58M163.11M
Deferred Long Term Asset Charges----
Total Assets680.8M664.15M1.01B898.18M
Accounts Payable5.23M1.69M2.49M2.9M
Short/Long Term Debt1M---
Other Current Liabilities20.87M21.12M23.29M24.83M
Long Term Debt-38M67M64M
Other Liabilities9.3M9.33M84.97M75.84M
Total Current Liabilities37.84M32.83M34.86M34.47M
Total Liabilities63M94.17M201.2M174.31M
Common Stock383.27M383.27M383.27M383.27M
Retained Earnings132.97M93.13M60.84M23.04M
Treasury Stock-2.05M-1.73M271.15M233.95M
Other Stockholder Equity-2.02M-1.7M271.18M233.98M
Total Stockholder Equity514.19M474.67M715.25M640.26M
Net Tangible Assets514.19M474.67M715.25M640.26M

Millennium & Copthorne Hotels New Zealand Limited (NZX:MCK) Balance Sheet Statement FAQ

1. How much Cash Millennium & Copthorne Hotels New Zealand Limited has on their balance sheet?

As of 31 Dec 2021, Millennium & Copthorne Hotels New Zealand Limited (NZX:MCK) has $58,143,000 of Cash.

2. What's the long term debt of Millennium & Copthorne Hotels New Zealand Limited?

As per the latest Balance sheet of Millennium & Copthorne Hotels New Zealand Limited (NZX:MCK), it has no Long term debt.

3. How much share holder equity does Millennium & Copthorne Hotels New Zealand Limited has?

The Millennium & Copthorne Hotels New Zealand Limited (NZX:MCK)'s balance sheet shows that it has $514,189,000 of Total stock holder equity.