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.
Laramide Resources Ltd. Balance Sheet Statement - Assets
As of 31 Dec 2024, The total current assets of Laramide Resources Ltd. (ASX:LAM) was around $6,097,457 which consisted of $1,213,583 of Cash, no Inventory and $341,551 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 CAD
The latest balance sheet of Laramide Resources Ltd. also showed $111,151,262 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 $117,774,877.
Laramide Resources Ltd. Balance Sheet Statement - Liabilities
LAM's latest annual results shows the balance sheet has $1,858,442 of Accounts Payable. Also there were $5,859,221 of Short/Long term debt, $1,500,000 of Long term debt, $3,965,682 of Other Current liabilities and $10,574,187 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 2024's annual report of Laramide Resources Ltd., the total liabilities were $15,510,349.
LAM 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 Laramide Resources Ltd. showed the total stock holder equity was $102,264,528 which consisted of $184,931,077 of Common stocks, $-126,476,533 of Retained earnings and $270,665 of Other stock holder equity.
LAM Balance Sheet Statement History
Following table shows the history of balance sheet for Laramide Resources Ltd. (LAM).
| 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | |
|---|---|---|---|---|
| Cash | 1,213,583 | 9,101,305 | 1,587,213 | 7,639,753 |
| Net Receivables | 341,551 | 146,002 | 134,263 | 106,170 |
| Inventory | - | - | - | - |
| Total Current Assets | 6,097,457 | 10,220,872 | 6,264,957 | 8,764,380 |
| Property Plant Equipment | 111,151,262 | 98,899,511 | 93,135,745 | 86,796,789 |
| Good Will | - | - | - | - |
| Intangible Assets | - | - | - | - |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 117,774,877 | 109,604,014 | 99,895,961 | 96,572,762 |
| Accounts Payable | 1,858,442 | 905,448 | 1,164,165 | 182,256 |
| Short/Long Term Debt | 5,859,221 | 4,328,630 | 6,013,543 | 6,819,389 |
| Other Current Liabilities | 3,965,682 | 3,803,861 | 1,528,727 | 6,972,497 |
| Long Term Debt | 1,500,000 | 90,485 | - | 6,244,100 |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 10,574,187 | 9,292,894 | 8,898,001 | 7,941,330 |
| Total Liabilities | 15,510,349 | 12,961,370 | 12,739,299 | 17,847,627 |
| Common Stock | 184,931,077 | 184,473,906 | 168,027,962 | 159,220,262 |
| Retained Earnings | -126,476,533 | -119,874,698 | -115,195,258 | -114,579,455 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | 270,665 | - | 688,576 | 1,616,046 |
| Total Stockholder Equity | 102,264,528 | 96,642,644 | 87,156,662 | 78,725,135 |
| Net Tangible Assets | 102,264,528 | 96,642,644 | 87,156,662 | 78,725,135 |
Laramide Resources Ltd. (ASX:LAM) Balance Sheet Statement FAQ
1. How much Cash Laramide Resources Ltd. has on their balance sheet?
As of 31 Dec 2024, Laramide Resources Ltd. (ASX:LAM) has $1,213,583 of Cash.
2. What's the long term debt of Laramide Resources Ltd.?
As per the latest Balance sheet of Laramide Resources Ltd. (ASX:LAM), it has $1,500,000 of Long term debt.
3. How much share holder equity does Laramide Resources Ltd. has?
The Laramide Resources Ltd. (ASX:LAM)'s balance sheet shows that it has $102,264,528 of Total stock holder equity.