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.
Cygnus Metals Limited Balance Sheet Statement - Assets
As of 31 Dec 2024, The total current assets of Cygnus Metals Limited (ASX:CY5) was around $16,125,095 which consisted of $14,869,835 of Cash, no Inventory and $1,052,946 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
The latest balance sheet of Cygnus Metals Limited also showed $62,671,842 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 $78,875,452.
Cygnus Metals Limited Balance Sheet Statement - Liabilities
CY5's latest annual results shows the balance sheet has $2,287,503 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $3,599,903 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.
As per the 31 Dec 2024's annual report of Cygnus Metals Limited, the total liabilities were $7,408,095.
CY5 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 Cygnus Metals Limited showed the total stock holder equity was $71,467,357 which consisted of $92,739,029 of Common stocks, $-31,707,414 of Retained earnings and no Other stock holder equity.
CY5 Balance Sheet Statement History
Following table shows the history of balance sheet for Cygnus Metals Limited (CY5).
| 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | |
|---|---|---|---|---|
| Cash | 14,869,835 | 9,316,782 | 13,530,678 | 2,811,336 |
| Net Receivables | 1,052,946 | 695,295 | 167,267 | 61,311 |
| Inventory | - | - | - | - |
| Total Current Assets | 16,125,095 | 10,973,423 | 15,309,951 | 2,886,430 |
| Property Plant Equipment | 62,671,842 | 24,059,226 | 5,693,824 | 612,959 |
| Good Will | - | - | - | - |
| Intangible Assets | - | - | - | - |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 78,875,452 | 35,234,347 | 21,401,670 | 3,499,389 |
| Accounts Payable | 2,287,503 | 1,931,448 | 1,278,254 | 266,256 |
| Short/Long Term Debt | - | - | - | 116,763 |
| Other Current Liabilities | - | - | - | - |
| Long Term Debt | - | - | - | - |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 3,599,903 | 5,648,480 | 3,558,456 | 298,448 |
| Total Liabilities | 7,408,095 | 8,107,786 | 3,999,229 | 389,303 |
| Common Stock | 92,739,029 | 47,607,870 | 25,260,644 | 10,149,146 |
| Retained Earnings | -31,707,414 | -28,409,787 | -14,909,491 | -12,148,263 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 71,467,357 | 26,977,396 | 17,402,441 | 3,110,086 |
| Net Tangible Assets | 71,467,357 | 26,977,396 | 17,402,441 | 3,110,086 |
Cygnus Metals Limited (ASX:CY5) Balance Sheet Statement FAQ
1. How much Cash Cygnus Metals Limited has on their balance sheet?
As of 31 Dec 2024, Cygnus Metals Limited (ASX:CY5) has $14,869,835 of Cash.
2. What's the long term debt of Cygnus Metals Limited?
As per the latest Balance sheet of Cygnus Metals Limited (ASX:CY5), it has no Long term debt.
3. How much share holder equity does Cygnus Metals Limited has?
The Cygnus Metals Limited (ASX:CY5)'s balance sheet shows that it has $71,467,357 of Total stock holder equity.