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.

Dreadnought Resources Limited Balance Sheet Statement - Assets

As of 30 Jun 2024, The total current assets of Dreadnought Resources Limited (ASX:DRE) was around $2,008,689 which consisted of $1,448,571 of Cash, no Inventory and $115,125 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
$1,448,571
Current assets
$2,008,689
Total assets
$53,400,047

The latest balance sheet of Dreadnought Resources Limited also showed $51,391,358 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 $53,400,047.

Dreadnought Resources Limited Balance Sheet Statement - Liabilities

DRE's latest annual results shows the balance sheet has $906,591 of Accounts Payable. Also there were $143,384 of Short/Long term debt, no Long term debt, no Other Current liabilities and $1,258,351 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
$906,591
Current liabilities
$1,258,351
Total liabilities
$1,362,518

As per the 30 Jun 2024's annual report of Dreadnought Resources Limited, the total liabilities were $1,362,518.

DRE 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 Dreadnought Resources Limited showed the total stock holder equity was $52,037,529 which consisted of $105,387,633 of Common stocks, $-54,515,204 of Retained earnings and no Other stock holder equity.

DRE Balance Sheet Statement History

Following table shows the history of balance sheet for Dreadnought Resources Limited (DRE).

30 Jun 2024 30 Jun 2023 30 Jun 2022
Cash 1,448,571 5,664,368 2,501,971
Net Receivables 115,125 348,328 86,172
Inventory - - -
Total Current Assets 2,008,689 12,471,222 2,888,589
Property Plant Equipment 51,391,358 42,889,464 18,151,278
Good Will - - -
Intangible Assets - - -
Other Assets - - -
Deferred Long Term Asset Charges - - -
Total Assets 53,400,047 55,360,686 21,039,867
Accounts Payable 906,591 3,483,847 802,257
Short/Long Term Debt 143,384 177,576 207,319
Other Current Liabilities - - -
Long Term Debt - - -
Other Liabilities - - -
Total Current Liabilities 1,258,351 4,375,886 1,347,078
Total Liabilities 1,362,518 4,519,270 1,524,655
Common Stock 105,387,633 97,104,008 60,954,153
Retained Earnings -54,515,204 -48,195,822 -42,209,359
Treasury Stock - - -
Other Stockholder Equity - - -
Total Stockholder Equity 52,037,529 50,841,416 19,515,212
Net Tangible Assets 52,037,529 50,841,416 19,515,212

Dreadnought Resources Limited (ASX:DRE) Balance Sheet Statement FAQ

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

As of 30 Jun 2024, Dreadnought Resources Limited (ASX:DRE) has $1,448,571 of Cash.

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

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

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

The Dreadnought Resources Limited (ASX:DRE)'s balance sheet shows that it has $52,037,529 of Total stock holder equity.