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.

American West Metals Limited Balance Sheet Statement - Assets

As of 30 Jun 2024, The total current assets of American West Metals Limited (ASX:AW1) was around $7,154,372 which consisted of $5,096,480 of Cash, no Inventory and $536,696 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
$5,096,480
Current assets
$7,154,372
Total assets
$7,217,667

The latest balance sheet of American West Metals Limited also showed $63,295 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 $7,217,667.

American West Metals Limited Balance Sheet Statement - Liabilities

AW1's latest annual results shows the balance sheet has $2,624,479 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $2,206,721 of Other Current liabilities and $4,988,654 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
$2,624,479
Current liabilities
$4,988,654
Total liabilities
$4,988,654

As per the 30 Jun 2024's annual report of American West Metals Limited, the total liabilities were $4,988,654.

AW1 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 American West Metals Limited showed the total stock holder equity was $2,229,013 which consisted of $45,292,874 of Common stocks, $-47,952,274 of Retained earnings and no Other stock holder equity.

AW1 Balance Sheet Statement History

Following table shows the history of balance sheet for American West Metals Limited (AW1).

30 Jun 2024 30 Jun 2023 30 Jun 2022
Cash 5,096,480 3,515,059 2,075,166
Net Receivables 536,696 725,057 96,914
Inventory - - -
Total Current Assets 7,154,372 5,857,767 2,335,194
Property Plant Equipment 63,295 2,542 -
Good Will - - -
Intangible Assets - - -
Other Assets - - -
Deferred Long Term Asset Charges - - -
Total Assets 7,217,667 5,860,309 2,335,194
Accounts Payable 2,624,479 4,043,404 2,689,856
Short/Long Term Debt - - -
Other Current Liabilities 2,206,721 - -
Long Term Debt - - -
Other Liabilities - - -
Total Current Liabilities 4,988,654 4,652,242 3,028,149
Total Liabilities 4,988,654 4,652,242 3,028,149
Common Stock 45,292,874 29,969,449 17,024,066
Retained Earnings -47,952,274 -30,835,708 -18,288,933
Treasury Stock - - -
Other Stockholder Equity - - -
Total Stockholder Equity 2,229,013 1,208,067 -692,955
Net Tangible Assets 2,229,013 1,208,067 -692,955

American West Metals Limited (ASX:AW1) Balance Sheet Statement FAQ

1. How much Cash American West Metals Limited has on their balance sheet?

As of 30 Jun 2024, American West Metals Limited (ASX:AW1) has $5,096,480 of Cash.

2. What's the long term debt of American West Metals Limited?

As per the latest Balance sheet of American West Metals Limited (ASX:AW1), it has no Long term debt.

3. How much share holder equity does American West Metals Limited has?

The American West Metals Limited (ASX:AW1)'s balance sheet shows that it has $2,229,013 of Total stock holder equity.