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.

Future Metals NL Balance Sheet Statement - Assets

As of 30 Jun 2024, The total current assets of Future Metals NL (ASX:FME) was around $2,299,081 which consisted of $2,291,466 of Cash, no Inventory and $7,615 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
$2,291,466
Current assets
$2,299,081
Total assets
$20,207,866

The latest balance sheet of Future Metals NL also showed $17,908,785 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 $20,207,866.

Future Metals NL Balance Sheet Statement - Liabilities

FME's latest annual results shows the balance sheet has $181,723 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $381,800 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
$181,723
Current liabilities
$381,800
Total liabilities
$381,800

As per the 30 Jun 2024's annual report of Future Metals NL, the total liabilities were $381,800.

FME 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 Future Metals NL showed the total stock holder equity was $19,826,066 which consisted of $40,798,846 of Common stocks, $-23,423,903 of Retained earnings and no Other stock holder equity.

FME Balance Sheet Statement History

Following table shows the history of balance sheet for Future Metals NL (FME).

30 Jun 2024 30 Jun 2023 30 Jun 2022 30 Jun 2021
Cash 2,291,466 2,705,754 3,331,607 9,555,684
Net Receivables 7,615 120,519 78,447 175,840
Inventory - - - -
Total Current Assets 2,299,081 2,826,273 3,410,054 9,731,524
Property Plant Equipment 17,908,785 16,670,677 19,803,096 17,103,244
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 20,207,866 19,496,950 23,213,150 26,834,768
Accounts Payable 181,723 270,197 149,818 156,046
Short/Long Term Debt - - - 84,825
Other Current Liabilities - - - -
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 381,800 606,213 1,067,868 2,101,906
Total Liabilities 381,800 606,213 1,067,868 2,114,327
Common Stock 40,798,846 36,524,091 29,689,231 29,238,564
Retained Earnings -23,423,903 -21,261,586 -10,620,756 -6,307,456
Treasury Stock - - - -
Other Stockholder Equity - - - -
Total Stockholder Equity 19,826,066 18,890,737 22,145,282 24,720,441
Net Tangible Assets 19,826,066 18,890,737 22,145,282 24,720,441

Future Metals NL (ASX:FME) Balance Sheet Statement FAQ

1. How much Cash Future Metals NL has on their balance sheet?

As of 30 Jun 2024, Future Metals NL (ASX:FME) has $2,291,466 of Cash.

2. What's the long term debt of Future Metals NL?

As per the latest Balance sheet of Future Metals NL (ASX:FME), it has no Long term debt.

3. How much share holder equity does Future Metals NL has?

The Future Metals NL (ASX:FME)'s balance sheet shows that it has $19,826,066 of Total stock holder equity.