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.

The City of London Investment Trust plc Balance Sheet Statement - Assets

As of 30 Jun 2022, The total current assets of The City of London Investment Trust plc (NZX:TCL) was around £11,451,000 which consisted of no Cash, no Inventory and no 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 GBP

Cash
£-
Current assets
£11.45M
Total assets
£1.94B

The latest balance sheet of The City of London Investment Trust plc also showed no Property Plant Equipment and no Good will. Also there were no Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were £1,935,068,000.

The City of London Investment Trust plc Balance Sheet Statement - Liabilities

TCL's latest annual results shows the balance sheet has £479,000 of Accounts Payable. Also there were no Short/Long term debt, £115,576,000 of Long term debt, £426,000 of Other Current liabilities and £22,835,000 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
£479k
Current liabilities
£22.84M
Total liabilities
£138.41M

As per the 30 Jun 2022's annual report of The City of London Investment Trust plc, the total liabilities were £138,411,000.

TCL 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 The City of London Investment Trust plc showed the total stock holder equity was £1,796,657,000 which consisted of £114,910,000 of Common stocks, £769,897,000 of Retained earnings and £2,707,000 of Other stock holder equity.

TCL Balance Sheet Statement History

Following table shows the history of balance sheet for The City of London Investment Trust plc (TCL).

30 Jun 2022 30 Jun 2021 30 Jun 2020 30 Jun 2019
Cash - - - -
Net Receivables - 692k 187k 3.23M
Inventory - - - -
Total Current Assets 11.45M 10.16M 5.96M 14.93M
Property Plant Equipment - - - -
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 1.94B 1.86B 1.58B 1.74B
Accounts Payable 479k - 1.72M 3.16M
Short/Long Term Debt - - 30M 10M
Other Current Liabilities 426k 426k 426k 426k
Long Term Debt 115.58M 115.53M 85.75M 115.76M
Other Liabilities - - - -
Total Current Liabilities 22.84M 14.32M 59.33M 25.35M
Total Liabilities 138.41M 129.85M 145.07M 141.11M
Common Stock 114.91M 111.41M 104.1M 94.71M
Retained Earnings 769.9M 757.62M 572.48M 884.6M
Treasury Stock 2.71M 2.71M 2.71M 2.71M
Other Stockholder Equity 2.71M 2.71M 2.71M 2.71M
Total Stockholder Equity 1.8B 1.73B 1.43B 1.6B
Net Tangible Assets 1.8B 1.73B 1.43B 1.6B

The City of London Investment Trust plc (NZX:TCL) Balance Sheet Statement FAQ

1. How much Cash The City of London Investment Trust plc has on their balance sheet?

As of 30 Jun 2022, The City of London Investment Trust plc (NZX:TCL) has no Cash.

2. What's the long term debt of The City of London Investment Trust plc?

As per the latest Balance sheet of The City of London Investment Trust plc (NZX:TCL), it has £115,576,000 of Long term debt.

3. How much share holder equity does The City of London Investment Trust plc has?

The The City of London Investment Trust plc (NZX:TCL)'s balance sheet shows that it has £1,796,657,000 of Total stock holder equity.