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.

Avira Resources Limited Balance Sheet Statement - Assets

As of 30 Jun 2024, The total current assets of Avira Resources Limited (ASX:AVW) was around $522,123 which consisted of $502,580 of 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 AUD

Cash
$502,580
Current assets
$522,123
Total assets
$1,791,015

The latest balance sheet of Avira Resources Limited also showed $1,268,892 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 $1,791,015.

Avira Resources Limited Balance Sheet Statement - Liabilities

AVW's latest annual results shows the balance sheet has $-16,008 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $3,992 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
$-16,008
Current liabilities
$3,992
Total liabilities
$3,992

As per the 30 Jun 2024's annual report of Avira Resources Limited, the total liabilities were $3,992.

AVW 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 Avira Resources Limited showed the total stock holder equity was $2,938,553 which consisted of $34,946,946 of Common stocks, $-35,094,481 of Retained earnings and no Other stock holder equity.

AVW Balance Sheet Statement History

Following table shows the history of balance sheet for Avira Resources Limited (AVW).

30 Jun 2024 30 Jun 2023 30 Jun 2022 30 Jun 2021
Cash 502,580 1,030,416 2,387,627 304,616
Net Receivables - 149,188 75,000 5,475
Inventory - - - -
Total Current Assets 522,123 1,223,355 2,522,842 310,091
Property Plant Equipment 1,268,892 674,418 404,930 371,117
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 1,791,015 1,897,773 2,927,772 821,578
Accounts Payable -16,008 131,440 111,188 142,555
Short/Long Term Debt - 3,645 3,645 3,645
Other Current Liabilities - - - 1
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 3,992 155,085 134,833 261,328
Total Liabilities 3,992 155,085 134,833 261,328
Common Stock 34,946,946 34,190,246 34,130,246 31,181,114
Retained Earnings -35,094,481 -34,378,776 -33,090,233 -32,173,989
Treasury Stock - - - -
Other Stockholder Equity - - - -
Total Stockholder Equity 2,938,553 2,914,368 3,964,619 1,731,930
Net Tangible Assets 2,938,553 2,914,368 3,964,619 1,731,930

Avira Resources Limited (ASX:AVW) Balance Sheet Statement FAQ

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

As of 30 Jun 2024, Avira Resources Limited (ASX:AVW) has $502,580 of Cash.

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

As per the latest Balance sheet of Avira Resources Limited (ASX:AVW), it has no Long term debt.

3. How much share holder equity does Avira Resources Limited has?

The Avira Resources Limited (ASX:AVW)'s balance sheet shows that it has $2,938,553 of Total stock holder equity.