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 Northern Minerals Limited Balance Sheet Statement - Assets
As of 30 Jun 2025, The total current assets of Great Northern Minerals Limited (ASX:GNM) was around $1,381,813 which consisted of $1,292,724 of Cash, no Inventory and $79,962 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 Northern Minerals Limited also showed $20,924 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 $1,408,522.
Great Northern Minerals Limited Balance Sheet Statement - Liabilities
GNM's latest annual results shows the balance sheet has $27,224 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $57,309 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 2025's annual report of Great Northern Minerals Limited, the total liabilities were $57,309.
GNM 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 Northern Minerals Limited showed the total stock holder equity was $1,351,213 which consisted of $87,570,372 of Common stocks, $-87,216,420 of Retained earnings and no Other stock holder equity.
GNM Balance Sheet Statement History
Following table shows the history of balance sheet for Great Northern Minerals Limited (GNM).
| 30 Jun 2025 | 30 Jun 2024 | 30 Jun 2023 | 30 Jun 2022 | 30 Jun 2021 | |
|---|---|---|---|---|---|
| Cash | 1,292,724 | 230,202 | 1,229,194 | 2,748,871 | - |
| Net Receivables | 79,962 | 101,806 | 69,532 | 71,437 | - |
| Inventory | - | - | - | - | - |
| Total Current Assets | 1,381,813 | 356,170 | 1,326,861 | 2,849,433 | - |
| Property Plant Equipment | 20,924 | 3,392,334 | 3,404,098 | 3,350,403 | - |
| Good Will | - | - | - | - | - |
| Intangible Assets | - | - | - | - | - |
| Other Assets | - | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - | - |
| Total Assets | 1,408,522 | 3,748,504 | 4,730,959 | 6,199,836 | - |
| Accounts Payable | 27,224 | 71,738 | 96,498 | 119,955 | - |
| Short/Long Term Debt | - | - | 11,670 | 44,988 | 75,237 |
| Other Current Liabilities | - | - | - | - | - |
| Long Term Debt | - | - | - | - | - |
| Other Liabilities | - | - | - | - | - |
| Total Current Liabilities | 57,309 | 112,498 | 145,637 | 4,558,481 | - |
| Total Liabilities | 57,309 | 2,330,606 | 2,363,745 | 6,788,258 | - |
| Common Stock | 87,570,372 | 87,570,372 | 87,562,103 | 86,341,207 | - |
| Retained Earnings | -87,216,420 | -86,056,378 | -84,930,513 | -86,405,545 | - |
| Treasury Stock | - | - | - | - | - |
| Other Stockholder Equity | - | - | - | - | - |
| Total Stockholder Equity | 1,351,213 | 2,471,224 | 3,585,921 | 638,173 | - |
| Net Tangible Assets | 1,351,213 | 2,471,224 | 3,585,921 | 638,173 | - |
Great Northern Minerals Limited (ASX:GNM) Balance Sheet Statement FAQ
1. How much Cash Great Northern Minerals Limited has on their balance sheet?
As of 30 Jun 2025, Great Northern Minerals Limited (ASX:GNM) has $1,292,724 of Cash.
2. What's the long term debt of Great Northern Minerals Limited?
As per the latest Balance sheet of Great Northern Minerals Limited (ASX:GNM), it has no Long term debt.
3. How much share holder equity does Great Northern Minerals Limited has?
The Great Northern Minerals Limited (ASX:GNM)'s balance sheet shows that it has $1,351,213 of Total stock holder equity.