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.

Rakon Limited Balance Sheet Statement - Assets

As of 31 Mar 2022, The total current assets of Rakon Limited (NZX:RAK) was around $142,831,000 which consisted of $39,229,000 of Cash, $57,321,000 of Inventory and $43,245,000 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
$39.23M
Current assets
$142.83M
Total assets
$199.87M

The latest balance sheet of Rakon Limited also showed $26,180,000 of Property Plant Equipment and $1,294,000 of Good will. Also there were $2,308,000 of Intangible assets and $8,404,000 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $199,869,000.

Rakon Limited Balance Sheet Statement - Liabilities

RAK's latest annual results shows the balance sheet has $21,249,000 of Accounts Payable. Also there were $1,297,000 of Short/Long term debt, $14,684,000 of Long term debt, $3,311,000 of Other Current liabilities and $43,323,000 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
$21.25M
Current liabilities
$43.32M
Total liabilities
$64.7M

As per the 31 Mar 2022's annual report of Rakon Limited, the total liabilities were $64,704,000.

RAK 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 Rakon Limited showed the total stock holder equity was $135,165,000 which consisted of $181,024,000 of Common stocks, $-23,126,000 of Retained earnings and $-22,733,000 of Other stock holder equity.

RAK Balance Sheet Statement History

Following table shows the history of balance sheet for Rakon Limited (RAK).

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Cash 39.23M 15.07M 5.09M 4.72M
Net Receivables 43.24M 38.43M 42.28M 37.33M
Inventory 57.32M 37.7M 37.62M 39.31M
Total Current Assets 142.83M 95.01M 86.01M 83.14M
Property Plant Equipment 26.18M 25.49M 28.65M 19.39M
Good Will 1.29M 1.29M 1.29M 1.29M
Intangible Assets 2.31M 2.06M 2.06M 1.39M
Other Assets 8.4M 15.06M 17.59M 16.34M
Deferred Long Term Asset Charges 1.81M 6.4M 9.25M 7.35M
Total Assets 199.87M 154.37M 150.24M 136.5M
Accounts Payable 21.25M 12.1M 9.51M 13.91M
Short/Long Term Debt 1.3M - 24k 100k
Other Current Liabilities 3.31M 2.83M 7.02M 3.2M
Long Term Debt 14.68M - - -
Other Liabilities 3.29M 3.53M 5.94M 4.4M
Total Current Liabilities 43.32M 41.49M 45.74M 41.67M
Total Liabilities 64.7M 50.44M 58.39M 46.49M
Common Stock 181.02M 181.02M 181.02M 181.02M
Retained Earnings -23.13M -56.24M -65.88M -69.86M
Treasury Stock -22.73M -20.86M -23.29M -21.15M
Other Stockholder Equity -22.73M -20.86M -23.29M -21.15M
Total Stockholder Equity 135.16M 103.93M 91.86M 90.02M
Net Tangible Assets 131.56M 100.58M 88.5M 87.33M

Rakon Limited (NZX:RAK) Balance Sheet Statement FAQ

1. How much Cash Rakon Limited has on their balance sheet?

As of 31 Mar 2022, Rakon Limited (NZX:RAK) has $39,229,000 of Cash.

2. What's the long term debt of Rakon Limited?

As per the latest Balance sheet of Rakon Limited (NZX:RAK), it has $14,684,000 of Long term debt.

3. How much share holder equity does Rakon Limited has?

The Rakon Limited (NZX:RAK)'s balance sheet shows that it has $135,165,000 of Total stock holder equity.