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.
Great Boulder Resources Limited Balance Sheet Statement - Assets
As of 30 Jun 2024, The total current assets of Great Boulder Resources Limited (ASX:GBR) was around $3,726,561 which consisted of $2,927,558 of Cash, no Inventory and $698,800 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 Great Boulder Resources Limited also showed $17,587,449 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 $22,414,010.
Great Boulder Resources Limited Balance Sheet Statement - Liabilities
GBR's latest annual results shows the balance sheet has $622,044 of Accounts Payable. Also there were $170,660 of Short/Long term debt, $80,975 of Long term debt, no Other Current liabilities and $849,913 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 30 Jun 2024's annual report of Great Boulder Resources Limited, the total liabilities were $960,230.
GBR 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 Great Boulder Resources Limited showed the total stock holder equity was $21,453,780 which consisted of $40,281,678 of Common stocks, $-20,691,972 of Retained earnings and no Other stock holder equity.
GBR Balance Sheet Statement History
Following table shows the history of balance sheet for Great Boulder Resources Limited (GBR).
| 30 Jun 2024 | 30 Jun 2023 | 30 Jun 2022 | 30 Jun 2021 | |
|---|---|---|---|---|
| Cash | 2,927,558 | 4,937,271 | 9,078,113 | 6,761,129 |
| Net Receivables | 698,800 | 484,480 | 286,830 | 406,503 |
| Inventory | - | - | - | - |
| Total Current Assets | 3,726,561 | 5,534,105 | 9,445,825 | 7,187,232 |
| Property Plant Equipment | 17,587,449 | 25,749,571 | 16,830,134 | 9,939,389 |
| Good Will | - | - | - | - |
| Intangible Assets | - | - | - | - |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 22,414,010 | 31,283,676 | 26,275,959 | 17,126,621 |
| Accounts Payable | 622,044 | 1,195,796 | 323,179 | 496,871 |
| Short/Long Term Debt | 170,660 | 109,420 | 150,626 | 114,092 |
| Other Current Liabilities | - | - | - | - |
| Long Term Debt | 80,975 | - | - | - |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 849,913 | 1,391,140 | 424,031 | 548,080 |
| Total Liabilities | 960,230 | 1,454,225 | 534,653 | 646,409 |
| Common Stock | 40,281,678 | 34,219,782 | 28,149,900 | 21,705,412 |
| Retained Earnings | -20,691,972 | -11,890,708 | -8,866,103 | -6,237,266 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 21,453,780 | 24,752,470 | 21,158,676 | 16,480,212 |
| Net Tangible Assets | 21,453,780 | 24,752,470 | 21,158,676 | 16,480,212 |
Great Boulder Resources Limited (ASX:GBR) Balance Sheet Statement FAQ
1. How much Cash Great Boulder Resources Limited has on their balance sheet?
As of 30 Jun 2024, Great Boulder Resources Limited (ASX:GBR) has $2,927,558 of Cash.
2. What's the long term debt of Great Boulder Resources Limited?
As per the latest Balance sheet of Great Boulder Resources Limited (ASX:GBR), it has $80,975 of Long term debt.
3. How much share holder equity does Great Boulder Resources Limited has?
The Great Boulder Resources Limited (ASX:GBR)'s balance sheet shows that it has $21,453,780 of Total stock holder equity.