Genetic Technologies Limited (GENE) Balance Sheet
GENE balance sheet, FY2024
June 30, 2024 · Australian dollarsA$6.2M assets = A$4.4M liabilities + A$1.8M equity
Both columns are drawn to the same scale: what GENE owns equals what it owes plus shareholders’ equity. Hover a block for its value.
GENE financial health
Current ratio0.88
Tight · current assets cover current liabilities 0.88×
Debt / equity0.48
Low leverage · A$0.48 of debt for each $1 of equity
Equity / assets29.6%
Balanced · of assets funded by shareholders
Cash / debt116.6%
Cash covers debt · cash & short-term investments vs total debt
Goodwill & intangibles34.7%
Acquisition-heavy · of total assets
Descriptive bands, not a rating. Fiscal FY2024.
GENE balance sheet trends, FY2015–FY2024
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | A$20.7MFY2015 | A$6.2MFY2024 | −12.6%/yr | |
| Total liabilities | A$1.8MFY2015 | A$4.4MFY2024 | +10.6%/yr | |
| Shareholders’ equity | A$19.0MFY2015 | A$1.8MFY2024 | −22.9%/yr | |
| Cash & short-term investments | A$18.3MFY2015 | A$1.0MFY2024 | −27.5%/yr | |
| Total debt | A$25,000FY2015 | A$875,189FY2024 | +48.4%/yr | |
| Net cash (debt) | A$18.3MFY2015 | A$145,419FY2024 | −A$18.2M | |
| Working capital | A$17.8MFY2015 | −A$500,088FY2024 | −A$18.3M | |
| Current ratio | 11.28FY2015 | 0.88FY2024 | −10.40 | |
| Debt / equity | 0.00FY2015 | 0.48FY2024 | +0.48 | |
| Shares outstanding | 358KFY2015 | 4.6MFY2024 | +32.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
GENE assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
GENE liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
GENE debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
GENE balance sheet in Australian dollars
| FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | A$1.0M | A$7.9M | A$11.7M | A$20.9M | A$14.2M | A$2.2M | A$5.5M | A$11.0M | A$11.2M | A$18.3M |
| Cash & equivalents | A$1.0M | A$7.9M | A$11.7M | A$20.9M | A$14.2M | A$2.1M | A$5.5M | A$11.0M | A$11.2M | A$18.3M |
| Short-term investments | A$18,790 | A$17,440 | A$13,257 | A$1,856 | A$2,025 | A$53,456 | A$3,505 | A$3,377 | A$4,209 | A$3,590 |
| Receivables | A$2.1M | A$191,903 | A$2.4M | A$1.1M | A$38,871 | A$16,529 | A$10,503 | A$200,837 | A$392,521 | A$524,580 |
| Inventory | A$206,468 | A$325,893 | A$398,150 | A$76,927 | A$91,390 | A$31,864 | A$59,007 | A$76,822 | A$166,942 | A$317,497 |
| Other current assets | A$341,746 | A$2.1M | A$166,087 | A$182,580 | A$846,303 | A$962,082 | A$430,647 | A$362,358 | A$387,711 | A$379,072 |
| Total current assets | A$3.7M | A$10.5M | A$14.7M | A$22.2M | A$15.2M | A$3.2M | A$6.0M | A$11.6M | A$12.1M | A$19.6M |
| Property, plant & equipment (net) | A$264,491 | A$599,176 | A$953,325 | A$637,706 | A$440,230 | A$69,333 | A$175,284 | A$476,648 | A$550,139 | A$417,595 |
| Goodwill & intangible assets | A$2.1M | A$3.6M | A$5.1M | A$9.6M | A$0 | A$0 | A$0 | A$0 | A$608,477 | A$736,041 |
| Long-term investments | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 |
| Other non-current assets | A$81,698 | A$121,901 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 |
| Total assets | A$6.2M | A$14.9M | A$20.8M | A$23.0M | A$15.6M | A$3.3M | A$6.2M | A$12.1M | A$13.3M | A$20.7M |
| Liabilities | ||||||||||
| Accounts payable | A$1.5M | A$837,952 | A$1.2M | A$269,665 | A$350,151 | A$590,231 | A$535,924 | A$398,291 | A$392,322 | A$517,078 |
| Short-term debt | A$852,265 | A$303,570 | A$264,130 | A$179,626 | A$240,915 | A$0 | A$0 | A$0 | A$0 | A$25,000 |
| Deferred revenue | A$741,647 | A$849,212 | A$814,150 | A$635 | −A$240,915 | — | — | — | — | A$77,282 |
| Total current liabilities | A$4.2M | A$3.3M | A$3.8M | A$1.4M | A$1.4M | A$1.5M | A$1.5M | A$1.5M | A$1.3M | A$1.7M |
| Long-term debt | A$0 | A$0 | A$0 | A$0 | A$52,252 | A$0 | A$0 | A$0 | A$0 | A$0 |
| Lease obligations | A$231,643 | A$532,846 | A$652,526 | A$204,038 | A$429,536 | A$0 | A$0 | A$0 | A$0 | A$0 |
| Other long-term liabilities | A$160,643 | A$381,616 | A$558,908 | A$33,272 | A$0 | A$809 | A$2.5M | A$63,960 | A$74,308 | A$25,321 |
| Total liabilities | A$4.4M | A$3.7M | A$4.4M | A$1.4M | A$1.6M | A$1.5M | A$1.5M | A$1.5M | A$1.4M | A$1.8M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | A$163.8M | A$161.3M | A$155.1M | A$153.6M | A$140.1M | A$125.5M | A$122.4M | A$122.4M | A$115.3M | A$115.2M |
| Retained earnings (deficit) | −A$166.4M | −A$156.7M | −A$150.2M | −A$143.1M | −A$136.0M | −A$129.7M | −A$123.3M | −A$117.8M | −A$109.4M | −A$101.0M |
| Treasury stock | — | — | — | — | — | A$0 | A$0 | A$0 | A$0 | A$0 |
| Accumulated other comprehensive income | A$4.4M | A$6.5M | A$11.5M | A$11.0M | A$9.9M | A$6.0M | A$5.7M | A$6.0M | A$6.1M | A$4.7M |
| Minority interest | — | — | — | — | — | A$0 | A$0 | A$0 | A$0 | A$0 |
| Total shareholders' equity | A$1.8M | A$11.2M | A$16.4M | A$21.5M | A$14.0M | A$1.8M | A$4.7M | A$10.6M | A$11.9M | A$19.0M |
| Key figures | ||||||||||
| Total debt | A$875,189 | A$532,846 | A$652,526 | A$204,038 | A$481,788 | A$0 | A$0 | A$0 | A$0 | A$25,000 |
| Net cash (debt) | A$145,419 | A$7.3M | A$11.1M | A$20.7M | A$13.7M | A$2.2M | A$5.5M | A$11.0M | A$11.2M | A$18.3M |
| Working capital | −A$500,088 | A$7.2M | A$10.9M | A$20.8M | A$13.8M | A$1.7M | A$4.5M | A$10.2M | A$10.8M | A$17.8M |
| Tangible book value | −A$314,542 | A$7.5M | A$11.3M | A$11.9M | A$14.0M | A$1.8M | A$4.7M | A$10.6M | A$11.3M | A$18.2M |
| Shares outstanding | 4.6M | 3.4M | 3.1M | 2.8M | 1.4M | 941K | 812K | 707K | 572K | 358K |
| Current ratio | 0.88 | 3.17 | 3.86 | 15.82 | 10.87 | 2.14 | 4.13 | 7.94 | 9.11 | 11.28 |
| Quick ratio | 0.75 | 2.43 | 3.71 | 15.64 | 10.20 | 1.47 | 3.79 | 7.64 | 8.69 | 10.87 |
| Debt / equity | 0.48 | 0.05 | 0.04 | 0.01 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Equity / assets | 29.6% | 75.1% | 79.0% | 93.7% | 89.5% | 54.2% | 76.4% | 87.4% | 89.4% | 91.5% |
| Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 | Mar '23 | Dec '22 | Sep '22 | Jun '22 | Mar '22 | Dec '21 | Sep '21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | A$1.0M | A$1.0M | A$3.7M | A$3.7M | A$7.9M | A$7.9M | A$5.0M | A$5.0M | A$11.7M | A$11.7M | A$13.5M | A$13.5M |
| Cash & equivalents | A$1.0M | A$1.0M | A$3.7M | A$3.7M | A$7.9M | A$7.9M | A$5.0M | A$5.0M | A$11.7M | A$11.7M | A$13.5M | A$13.5M |
| Short-term investments | A$18,790 | A$18,790 | — | — | A$17,440 | A$17,440 | — | — | A$13,257 | A$13,257 | — | — |
| Receivables | A$2.1M | A$209,254 | A$1.1M | A$1.1M | A$191,903 | A$191,903 | A$2.9M | A$2.9M | A$2.4M | A$442,200 | A$2.7M | A$2.7M |
| Inventory | A$206,468 | A$206,468 | A$396,703 | A$396,703 | A$325,893 | A$325,893 | A$404,677 | A$404,677 | A$398,150 | A$398,150 | A$334,604 | A$334,604 |
| Other current assets | A$341,746 | A$2.2M | A$474,398 | A$474,398 | A$2.1M | A$2.1M | A$423,960 | A$423,960 | A$166,087 | A$2.1M | A$308,755 | A$308,755 |
| Total current assets | A$3.7M | A$3.7M | A$5.7M | A$5.7M | A$10.5M | A$10.5M | A$8.8M | A$8.8M | A$14.7M | A$14.7M | A$16.9M | A$16.9M |
| Property, plant & equipment (net) | A$264,491 | A$264,491 | A$429,230 | A$429,230 | A$599,176 | A$599,176 | A$784,985 | A$784,985 | A$953,325 | A$953,325 | A$498,954 | A$498,954 |
| Goodwill & intangible assets | A$2.1M | A$2.1M | A$2.2M | A$2.2M | A$3.6M | A$3.6M | A$6.0M | A$6.0M | A$5.1M | A$5.1M | A$5.2M | A$5.2M |
| Long-term investments | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 |
| Other non-current assets | A$81,698 | A$81,698 | A$100,744 | A$100,744 | A$121,901 | A$121,901 | A$74,358 | A$74,358 | A$0 | A$0 | A$0 | A$0 |
| Total assets | A$6.2M | A$6.2M | A$8.5M | A$8.5M | A$14.9M | A$14.9M | A$15.7M | A$15.7M | A$20.8M | A$20.8M | A$22.5M | A$22.5M |
| Liabilities | ||||||||||||
| Accounts payable | A$1.5M | A$1.5M | A$1.9M | A$1.9M | A$837,952 | A$837,952 | A$2.5M | A$2.5M | A$1.2M | A$1.2M | A$1.4M | A$1.4M |
| Short-term debt | A$852,265 | A$852,265 | A$298,181 | A$298,181 | A$303,570 | — | A$283,973 | — | A$264,130 | — | A$79,976 | — |
| Deferred revenue | A$741,647 | A$1.1M | A$764,464 | — | A$849,212 | — | A$1.1M | — | A$814,150 | — | A$800,300 | — |
| Total current liabilities | A$4.2M | A$4.2M | A$3.4M | A$3.4M | A$3.3M | A$3.3M | A$4.2M | A$4.2M | A$3.8M | A$3.8M | A$2.8M | A$2.8M |
| Long-term debt | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 | A$0 |
| Lease obligations | A$231,643 | — | A$382,317 | — | A$532,846 | — | A$612,390 | — | A$652,526 | — | A$113,486 | — |
| Other long-term liabilities | A$160,643 | A$160,643 | A$232,939 | A$232,940 | A$381,616 | A$381,616 | A$432,737 | A$432,737 | A$558,908 | A$558,908 | A$320,103 | A$320,103 |
| Total liabilities | A$4.4M | A$4.4M | A$3.7M | A$3.7M | A$3.7M | A$3.7M | A$4.7M | A$4.7M | A$4.4M | A$3.8M | A$3.1M | A$2.8M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | A$163.8M | A$163.8M | A$161.3M | A$161.3M | A$161.3M | A$161.3M | A$155.1M | A$155.1M | A$155.1M | A$155.1M | A$155.1M | A$155.1M |
| Retained earnings (deficit) | −A$166.4M | −A$166.4M | −A$160.8M | −A$160.8M | −A$156.7M | −A$156.7M | −A$155.7M | −A$155.7M | −A$150.2M | −A$150.2M | −A$147.0M | −A$147.0M |
| Accumulated other comprehensive income | A$4.4M | A$4.4M | A$4.2M | A$4.2M | A$6.5M | A$6.5M | A$11.6M | A$11.6M | A$11.5M | A$11.5M | A$11.3M | A$11.3M |
| Total shareholders' equity | A$1.8M | A$1.8M | A$4.8M | A$4.8M | A$11.2M | A$11.2M | A$11.0M | A$11.0M | A$16.4M | A$4.9M | A$19.5M | A$8.2M |
| Key figures | ||||||||||||
| Total debt | A$875,189 | A$643,546 | A$382,317 | A$84,136 | A$532,846 | A$229,276 | A$612,390 | A$328,417 | A$652,526 | A$388,396 | A$113,486 | A$33,510 |
| Net cash (debt) | A$145,419 | A$395,852 | A$3.3M | A$3.6M | A$7.3M | A$7.6M | A$4.4M | A$4.7M | A$11.1M | A$11.4M | A$13.4M | A$13.5M |
| Working capital | −A$500,088 | −A$500,088 | A$2.3M | A$2.3M | A$7.2M | A$7.2M | A$4.6M | A$4.6M | A$10.9M | A$10.9M | A$14.1M | A$14.1M |
| Tangible book value | −A$314,542 | −A$314,542 | A$2.6M | A$2.6M | A$7.5M | A$7.5M | A$5.0M | A$5.0M | A$11.3M | −A$199,153 | A$14.3M | A$3.0M |
| Shares outstanding | 5.0M | 149.0M | 4.0M | 115.4M | 3.2M | 110.4M | 3.2M | 92.3M | 3.1M | 10.2M | 3.1M | 10.2M |
| Current ratio | 0.88 | 0.88 | 1.67 | 1.67 | 3.17 | 3.17 | 2.08 | 2.08 | 3.86 | 3.86 | 6.08 | 6.08 |
| Quick ratio | 0.75 | 0.30 | 1.42 | 1.42 | 2.43 | 2.43 | 1.88 | 1.88 | 3.71 | 3.20 | 5.85 | 5.85 |
| Debt / equity | 0.48 | 0.35 | 0.08 | 0.02 | 0.05 | 0.02 | 0.06 | 0.03 | 0.04 | 0.08 | 0.01 | 0.00 |
| Equity / assets | 29.6% | 29.6% | 56.8% | 56.8% | 75.1% | 75.1% | 70.3% | 70.3% | 79.0% | 23.7% | 86.3% | 36.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in Australian dollars as reported (latest annual report filed June 30, 2024); data from EODHD.
GENE financial position
At the end of fiscal 2024 (June 30, 2024), Genetic Technologies had total assets of A$6.2 million (down 58.4% from a year earlier), total liabilities of A$4.4 million and shareholders' equity of A$1.8 million. It held A$1.0 million in cash and short-term investments against A$0.9 million of debt, a net cash position of A$0.1 million. Its current ratio was 0.88.
Related: GENE income statement, GENE cash flow statement, GENE key metrics. See the GENE stock overview for the latest quote and news.
GENE balance sheet FAQ
What are Genetic Technologies's total assets?
Genetic Technologies reported total assets of A$6.2 million at the end of fiscal 2024 (June 30, 2024), compared with A$14.9 million a year earlier.
How much debt does Genetic Technologies have?
Genetic Technologies had A$0.9 million of total debt at the end of fiscal 2024, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.48.
How much cash does Genetic Technologies have?
Genetic Technologies held A$1.0 million in cash and short-term investments at the end of fiscal 2024; with A$0.9 million of debt that is net cash of A$0.1 million.
What is Genetic Technologies's book value?
Genetic Technologies's shareholders' equity (book value) was A$1.8 million at the end of fiscal 2024.
What is Genetic Technologies's current ratio?
Genetic Technologies had current assets of A$3.7 million and current liabilities of A$4.2 million, a current ratio of 0.88 (current liabilities exceed current assets).
How much goodwill does Genetic Technologies have?
Genetic Technologies carried A$2.1 million of goodwill and intangible assets, 34.7% of total assets, at the end of fiscal 2024.