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.
Geopacific Resources Limited Balance Sheet Statement - Assets
As of 31 Dec 2023, The total current assets of Geopacific Resources Limited (ASX:GPR) was around $4,411,682 which consisted of $2,145,015 of Cash, $555,948 of Inventory and $1,460,683 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 Geopacific Resources Limited also showed $67,980,740 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 $76,713,265.
Geopacific Resources Limited Balance Sheet Statement - Liabilities
GPR's latest annual results shows the balance sheet has $2,213,546 of Accounts Payable. Also there were $3,691,008 of Short/Long term debt, no Long term debt, no Other Current liabilities and $6,453,359 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 2023's annual report of Geopacific Resources Limited, the total liabilities were $7,611,468.
GPR 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 Geopacific Resources Limited showed the total stock holder equity was $69,101,797 which consisted of $290,668,871 of Common stocks, $-232,032,126 of Retained earnings and no Other stock holder equity.
GPR Balance Sheet Statement History
Following table shows the history of balance sheet for Geopacific Resources Limited (GPR).
| 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | |
|---|---|---|---|
| Cash | 2,145,015 | 5,738,772 | 67,470,477 |
| Net Receivables | 1,460,683 | 914,034 | 267,436 |
| Inventory | 555,948 | 617,095 | 781,125 |
| Total Current Assets | 4,411,682 | 7,724,160 | 69,811,401 |
| Property Plant Equipment | 67,980,740 | 71,020,755 | 102,624,642 |
| Good Will | - | - | - |
| Intangible Assets | - | - | - |
| Other Assets | - | - | - |
| Deferred Long Term Asset Charges | - | - | - |
| Total Assets | 76,713,265 | 85,162,416 | 176,265,685 |
| Accounts Payable | 2,213,546 | 4,722,123 | 18,480,389 |
| Short/Long Term Debt | 3,691,008 | 53,946 | 613,988 |
| Other Current Liabilities | - | - | - |
| Long Term Debt | - | - | - |
| Other Liabilities | - | - | - |
| Total Current Liabilities | 6,453,359 | 5,588,906 | 33,959,099 |
| Total Liabilities | 7,611,468 | 6,656,934 | 34,898,435 |
| Common Stock | 290,668,871 | 284,991,318 | 284,846,318 |
| Retained Earnings | -232,032,126 | -221,178,831 | -149,223,906 |
| Treasury Stock | - | - | - |
| Other Stockholder Equity | - | - | - |
| Total Stockholder Equity | 69,101,797 | 78,505,482 | 141,367,250 |
| Net Tangible Assets | 69,101,797 | 78,505,482 | 141,367,250 |
Geopacific Resources Limited (ASX:GPR) Balance Sheet Statement FAQ
1. How much Cash Geopacific Resources Limited has on their balance sheet?
As of 31 Dec 2023, Geopacific Resources Limited (ASX:GPR) has $2,145,015 of Cash.
2. What's the long term debt of Geopacific Resources Limited?
As per the latest Balance sheet of Geopacific Resources Limited (ASX:GPR), it has no Long term debt.
3. How much share holder equity does Geopacific Resources Limited has?
The Geopacific Resources Limited (ASX:GPR)'s balance sheet shows that it has $69,101,797 of Total stock holder equity.