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.
Legacy Iron Ore Limited Balance Sheet Statement - Assets
As of 31 Mar 2025, The total current assets of Legacy Iron Ore Limited (ASX:LCY) was around $15,699,664 which consisted of $1,491,029 of Cash, $1,967,008 of Inventory and $2,475,269 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 Legacy Iron Ore Limited also showed $22,172,067 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 $37,958,231.
Legacy Iron Ore Limited Balance Sheet Statement - Liabilities
LCY's latest annual results shows the balance sheet has $4,172,374 of Accounts Payable. Also there were $18,466 of Short/Long term debt, no Long term debt, $1,336,628 of Other Current liabilities and $5,780,250 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 Mar 2025's annual report of Legacy Iron Ore Limited, the total liabilities were $9,014,633.
LCY 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 Legacy Iron Ore Limited showed the total stock holder equity was $28,943,598 which consisted of $108,521,209 of Common stocks, $-96,746,138 of Retained earnings and no Other stock holder equity.
LCY Balance Sheet Statement History
Following table shows the history of balance sheet for Legacy Iron Ore Limited (LCY).
| 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | |
|---|---|---|---|---|---|
| Cash | 1,491,029 | 11,375,491 | 2,725,964 | 490,832 | - |
| Net Receivables | 2,475,269 | 3,044,595 | 136,067 | 57,820 | - |
| Inventory | 1,967,008 | 5,136,155 | - | - | - |
| Total Current Assets | 15,699,664 | 23,613,700 | 9,938,685 | 7,645,091 | - |
| Property Plant Equipment | 22,172,067 | 23,515,124 | 15,606,942 | 15,895,222 | - |
| Good Will | - | - | - | - | - |
| Intangible Assets | - | - | - | - | - |
| Other Assets | - | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - | - |
| Total Assets | 37,958,231 | 47,215,324 | 25,612,127 | 23,606,862 | - |
| Accounts Payable | 4,172,374 | 3,157,616 | 26,366 | 53,605 | - |
| Short/Long Term Debt | 18,466 | 49,765 | 82,293 | 24,002 | - |
| Other Current Liabilities | 1,336,628 | 673,313 | - | - | - |
| Long Term Debt | - | 3,835,037 | - | - | - |
| Other Liabilities | - | - | - | - | - |
| Total Current Liabilities | 5,780,250 | 8,404,806 | 192,361 | 234,648 | - |
| Total Liabilities | 9,014,633 | 12,312,705 | 288,791 | 290,527 | - |
| Common Stock | 108,521,209 | 86,305,594 | 66,996,246 | 66,996,246 | - |
| Retained Earnings | -96,746,138 | -68,797,852 | -59,206,112 | -61,213,113 | - |
| Treasury Stock | - | - | - | - | - |
| Other Stockholder Equity | - | - | - | - | - |
| Total Stockholder Equity | 28,943,598 | 34,902,619 | 25,323,336 | 23,316,335 | - |
| Net Tangible Assets | 28,943,598 | 34,902,619 | 25,323,336 | 23,316,335 | - |
Legacy Iron Ore Limited (ASX:LCY) Balance Sheet Statement FAQ
1. How much Cash Legacy Iron Ore Limited has on their balance sheet?
As of 31 Mar 2025, Legacy Iron Ore Limited (ASX:LCY) has $1,491,029 of Cash.
2. What's the long term debt of Legacy Iron Ore Limited?
As per the latest Balance sheet of Legacy Iron Ore Limited (ASX:LCY), it has no Long term debt.
3. How much share holder equity does Legacy Iron Ore Limited has?
The Legacy Iron Ore Limited (ASX:LCY)'s balance sheet shows that it has $28,943,598 of Total stock holder equity.