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.

Ragnar Metals Limited Balance Sheet Statement - Assets

As of 30 Jun 2024, The total current assets of Ragnar Metals Limited (ASX:RAG) was around $9,511,363 which consisted of $9,345,254 of Cash, no Inventory and $166,109 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

Cash
$9,345,254
Current assets
$9,511,363
Total assets
$11,511,710

The latest balance sheet of Ragnar Metals Limited also showed $2,000,347 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 $11,511,710.

Ragnar Metals Limited Balance Sheet Statement - Liabilities

RAG's latest annual results shows the balance sheet has $101,760 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $610,812 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.

Account payable
$101,760
Current liabilities
$610,812
Total liabilities
$610,812

As per the 30 Jun 2024's annual report of Ragnar Metals Limited, the total liabilities were $610,812.

RAG 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 Ragnar Metals Limited showed the total stock holder equity was $10,900,898 which consisted of $35,737,002 of Common stocks, $-25,740,095 of Retained earnings and no Other stock holder equity.

RAG Balance Sheet Statement History

Following table shows the history of balance sheet for Ragnar Metals Limited (RAG).

30 Jun 2024 30 Jun 2023 30 Jun 2022 30 Jun 2021
Cash 9,345,254 196,050 2,082,661 3,394,825
Net Receivables 166,109 38,262 84,838 228,325
Inventory - - - -
Total Current Assets 9,511,363 1,309,400 2,167,499 3,623,150
Property Plant Equipment 2,000,347 3,702,137 3,407,232 1,731,631
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 11,511,710 5,011,537 5,574,731 5,354,781
Accounts Payable 101,760 79,971 116,471 305,403
Short/Long Term Debt - - - -
Other Current Liabilities - - - -
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 610,812 116,076 154,621 325,903
Total Liabilities 610,812 116,076 154,621 325,903
Common Stock 35,737,002 33,850,015 33,850,015 32,704,462
Retained Earnings -25,740,095 -29,392,005 -31,175,590 -29,977,477
Treasury Stock - - - -
Other Stockholder Equity - - - -
Total Stockholder Equity 10,900,898 4,895,461 5,420,110 5,028,878
Net Tangible Assets 10,900,898 4,895,461 5,420,110 5,028,878

Ragnar Metals Limited (ASX:RAG) Balance Sheet Statement FAQ

1. How much Cash Ragnar Metals Limited has on their balance sheet?

As of 30 Jun 2024, Ragnar Metals Limited (ASX:RAG) has $9,345,254 of Cash.

2. What's the long term debt of Ragnar Metals Limited?

As per the latest Balance sheet of Ragnar Metals Limited (ASX:RAG), it has no Long term debt.

3. How much share holder equity does Ragnar Metals Limited has?

The Ragnar Metals Limited (ASX:RAG)'s balance sheet shows that it has $10,900,898 of Total stock holder equity.