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.
GreenTech Metals Limited Balance Sheet Statement - Assets
As of 30 Jun 2024, The total current assets of GreenTech Metals Limited (ASX:GRE) was around $1,958,817 which consisted of $1,822,018 of Cash, no Inventory and $119,757 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 GreenTech Metals Limited also showed $15,736,172 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 $17,715,304.
GreenTech Metals Limited Balance Sheet Statement - Liabilities
GRE's latest annual results shows the balance sheet has $385,682 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $26,050 of Other Current liabilities and $457,732 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 GreenTech Metals Limited, the total liabilities were $457,732.
GRE 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 GreenTech Metals Limited showed the total stock holder equity was $17,257,572 which consisted of $8,665,689 of Common stocks, $-6,278,702 of Retained earnings and no Other stock holder equity.
GRE Balance Sheet Statement History
Following table shows the history of balance sheet for GreenTech Metals Limited (GRE).
| 30 Jun 2024 | 30 Jun 2023 | 30 Jun 2022 | |
|---|---|---|---|
| Cash | 1,822,018 | 2,035,185 | 2,987,901 |
| Net Receivables | 119,757 | 25,139 | - |
| Inventory | - | - | - |
| Total Current Assets | 1,958,817 | 2,122,449 | 3,062,380 |
| Property Plant Equipment | 15,736,172 | 4,557,947 | 3,203,718 |
| Good Will | - | - | - |
| Intangible Assets | - | - | - |
| Other Assets | - | - | - |
| Deferred Long Term Asset Charges | - | - | - |
| Total Assets | 17,715,304 | 6,700,396 | 6,286,098 |
| Accounts Payable | 385,682 | 140,560 | 357,728 |
| Short/Long Term Debt | - | - | - |
| Other Current Liabilities | 26,050 | 175,895 | 12,775 |
| Long Term Debt | - | - | - |
| Other Liabilities | - | - | - |
| Total Current Liabilities | 457,732 | 342,455 | 395,003 |
| Total Liabilities | 457,732 | 342,455 | 395,003 |
| Common Stock | 8,665,689 | 7,531,694 | 6,232,600 |
| Retained Earnings | -6,278,702 | -2,151,443 | -1,319,195 |
| Treasury Stock | - | - | - |
| Other Stockholder Equity | - | - | - |
| Total Stockholder Equity | 17,257,572 | 6,357,941 | 5,891,095 |
| Net Tangible Assets | 17,257,572 | 6,357,941 | 5,891,095 |
GreenTech Metals Limited (ASX:GRE) Balance Sheet Statement FAQ
1. How much Cash GreenTech Metals Limited has on their balance sheet?
As of 30 Jun 2024, GreenTech Metals Limited (ASX:GRE) has $1,822,018 of Cash.
2. What's the long term debt of GreenTech Metals Limited?
As per the latest Balance sheet of GreenTech Metals Limited (ASX:GRE), it has no Long term debt.
3. How much share holder equity does GreenTech Metals Limited has?
The GreenTech Metals Limited (ASX:GRE)'s balance sheet shows that it has $17,257,572 of Total stock holder equity.