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.

AuKing Mining Limited Balance Sheet Statement - Assets

As of 31 Dec 2024, The total current assets of AuKing Mining Limited (ASX:AKN) was around $83,169 which consisted of $33,864 of Cash, no Inventory and $49,305 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
$33,864
Current assets
$83,169
Total assets
$8,225,540

The latest balance sheet of AuKing Mining Limited also showed $8,139,186 of 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 $8,225,540.

AuKing Mining Limited Balance Sheet Statement - Liabilities

AKN's latest annual results shows the balance sheet has $548,192 of Accounts Payable. Also there were $801,617 of Short/Long term debt, no Long term debt, no Other Current liabilities and $1,951,264 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
$548,192
Current liabilities
$1,951,264
Total liabilities
$1,951,264

As per the 31 Dec 2024's annual report of AuKing Mining Limited, the total liabilities were $1,951,264.

AKN 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 AuKing Mining Limited showed the total stock holder equity was $6,274,276 which consisted of $25,326,935 of Common stocks, $-22,116,739 of Retained earnings and no Other stock holder equity.

AKN Balance Sheet Statement History

Following table shows the history of balance sheet for AuKing Mining Limited (AKN).

31 Dec 2024 31 Dec 2023 31 Dec 2022 31 Dec 2021
Cash 33,864 396,308 1,656,292 2,500,076
Net Receivables 49,305 31,219 93,042 225,727
Inventory - - - -
Total Current Assets 83,169 427,527 1,794,837 2,725,803
Property Plant Equipment 8,139,186 8,934,343 8,483,881 4,997,030
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 8,225,540 9,365,055 10,281,903 7,725,303
Accounts Payable 548,192 21,424 55,272 465,483
Short/Long Term Debt 801,617 - - -
Other Current Liabilities - - - -
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 1,951,264 377,585 417,307 582,340
Total Liabilities 1,951,264 377,585 417,307 626,477
Common Stock 25,326,935 23,303,355 13,592,798 8,721,436
Retained Earnings -22,116,739 -16,562,525 -4,107,833 -1,762,610
Treasury Stock - - - -
Other Stockholder Equity - - - -
Total Stockholder Equity 6,274,276 8,987,470 9,864,596 7,098,826
Net Tangible Assets 6,274,276 8,987,470 9,864,596 7,098,826

AuKing Mining Limited (ASX:AKN) Balance Sheet Statement FAQ

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

As of 31 Dec 2024, AuKing Mining Limited (ASX:AKN) has $33,864 of Cash.

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

As per the latest Balance sheet of AuKing Mining Limited (ASX:AKN), it has no Long term debt.

3. How much share holder equity does AuKing Mining Limited has?

The AuKing Mining Limited (ASX:AKN)'s balance sheet shows that it has $6,274,276 of Total stock holder equity.