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.

Michael Hill International Limited Balance Sheet Statement - Assets

As of 26 Jun 2022, The total current assets of Michael Hill International Limited (NZX:MHJ) was around $292,132,000 which consisted of $95,844,000 of Cash, $181,539,000 of Inventory and $9,330,000 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 AUD

Cash
$95.84M
Current assets
$292.13M
Total assets
$511.18M

The latest balance sheet of Michael Hill International Limited also showed $148,397,000 of Property Plant Equipment and no Good will. Also there were $10,989,000 of Intangible assets and $59,661,000 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $511,179,000.

Michael Hill International Limited Balance Sheet Statement - Liabilities

MHJ's latest annual results shows the balance sheet has $44,558,000 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $50,407,000 of Other Current liabilities and $158,596,000 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
$44.56M
Current liabilities
$158.6M
Total liabilities
$316.08M

As per the 26 Jun 2022's annual report of Michael Hill International Limited, the total liabilities were $316,084,000.

MHJ 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 Michael Hill International Limited showed the total stock holder equity was $195,095,000 which consisted of $11,388,000 of Common stocks, $180,338,000 of Retained earnings and $3,369,000 of Other stock holder equity.

MHJ Balance Sheet Statement History

Following table shows the history of balance sheet for Michael Hill International Limited (MHJ).

26 Jun 2022 27 Jun 2021 28 Jun 2020 30 Jun 2019
Cash 95.84M 72.36M 11.2M 7.92M
Net Receivables 9.33M 9.49M 28.9M 31.95M
Inventory 181.54M 171.25M 178.74M 179.5M
Total Current Assets 292.13M 271.07M 220.95M 223.3M
Property Plant Equipment 148.4M 142.34M 169.32M 63.21M
Good Will - - - -
Intangible Assets 10.99M 6.01M 24.43M 15.44M
Other Assets 59.66M 69.61M 86.92M 77.24M
Deferred Long Term Asset Charges 58.55M 68.33M 74.47M 67.71M
Total Assets 511.18M 489.02M 501.62M 379.19M
Accounts Payable 44.56M 44.5M 28.98M 22.59M
Short/Long Term Debt - - 34k 323k
Other Current Liabilities 50.41M 46.8M 58.74M 42.49M
Long Term Debt - - 10.68M 32.7M
Other Liabilities 66.1M 63.81M 61.88M 64.61M
Total Current Liabilities 158.6M 151.52M 159.41M 105.13M
Total Liabilities 316.08M 314.71M 347.81M 202.44M
Common Stock 11.39M 11.29M 11.02M 10.98M
Retained Earnings 180.34M 158.81M 138.37M 159.96M
Treasury Stock 3.37M 4.22M 4.42M 5.8M
Other Stockholder Equity 3.37M 4.22M 4.42M 5.8M
Total Stockholder Equity 195.09M 174.31M 153.81M 176.75M
Net Tangible Assets 184.11M 168.3M 129.38M 161.31M

Michael Hill International Limited (NZX:MHJ) Balance Sheet Statement FAQ

1. How much Cash Michael Hill International Limited has on their balance sheet?

As of 26 Jun 2022, Michael Hill International Limited (NZX:MHJ) has $95,844,000 of Cash.

2. What's the long term debt of Michael Hill International Limited?

As per the latest Balance sheet of Michael Hill International Limited (NZX:MHJ), it has no Long term debt.

3. How much share holder equity does Michael Hill International Limited has?

The Michael Hill International Limited (NZX:MHJ)'s balance sheet shows that it has $195,095,000 of Total stock holder equity.