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.
Southern Charter Financial Group Limited Balance Sheet Statement - Assets
As of 31 Mar 2022, The total current assets of Southern Charter Financial Group Limited (NZX:SNC) was around $2,015,336 which consisted of $21,749 of Cash, no Inventory and $13,587 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
The latest balance sheet of Southern Charter Financial Group Limited also showed no Property Plant Equipment and no Good will. Also there were no Intangible assets and $20,000 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $2,035,336.
Southern Charter Financial Group Limited Balance Sheet Statement - Liabilities
SNC's latest annual results shows the balance sheet has $2,239 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $56,855 of Other Current liabilities and $128,889 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.
As per the 31 Mar 2022's annual report of Southern Charter Financial Group Limited, the total liabilities were $128,889.
SNC 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 Southern Charter Financial Group Limited showed the total stock holder equity was $1,906,447 which consisted of $5,672,856 of Common stocks, $-3,766,409 of Retained earnings and no Other stock holder equity.
SNC Balance Sheet Statement History
Following table shows the history of balance sheet for Southern Charter Financial Group Limited (SNC).
| 31 Mar 2022 | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 | |
|---|---|---|---|---|
| Cash | 21.75k | 111.34k | 2.24M | 2.4M |
| Net Receivables | 13.59k | 13.64k | 15.37k | 27.08k |
| Inventory | - | - | - | - |
| Total Current Assets | 2.02M | 2.13M | 2.26M | 2.45M |
| Property Plant Equipment | - | - | - | - |
| Good Will | - | - | - | - |
| Intangible Assets | - | - | - | - |
| Other Assets | 20k | 20k | 20k | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 2.04M | 2.15M | 2.28M | 2.45M |
| Accounts Payable | 2.24k | 4.39k | 2.99k | 16.01k |
| Short/Long Term Debt | - | - | - | - |
| Other Current Liabilities | 56.85k | 56.85k | 56.85k | 56.85k |
| Long Term Debt | - | - | - | - |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 128.89k | 83.44k | 91.15k | 102.87k |
| Total Liabilities | 128.89k | 83.44k | 91.15k | 102.87k |
| Common Stock | 5.67M | 5.67M | 5.67M | 5.67M |
| Retained Earnings | -3.77M | -3.6M | -3.48M | -3.32M |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 1.91M | 2.07M | 2.19M | 2.35M |
| Net Tangible Assets | 1.91M | 2.07M | 2.19M | 2.35M |
Southern Charter Financial Group Limited (NZX:SNC) Balance Sheet Statement FAQ
1. How much Cash Southern Charter Financial Group Limited has on their balance sheet?
As of 31 Mar 2022, Southern Charter Financial Group Limited (NZX:SNC) has $21,749 of Cash.
2. What's the long term debt of Southern Charter Financial Group Limited?
As per the latest Balance sheet of Southern Charter Financial Group Limited (NZX:SNC), it has no Long term debt.
3. How much share holder equity does Southern Charter Financial Group Limited has?
The Southern Charter Financial Group Limited (NZX:SNC)'s balance sheet shows that it has $1,906,447 of Total stock holder equity.