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.

Red Sky Energy Limited Balance Sheet Statement - Assets

As of 31 Dec 2024, The total current assets of Red Sky Energy Limited (ASX:ROG) was around $3,325,834 which consisted of $2,964,776 of Cash, no Inventory and $262,739 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
$2,964,776
Current assets
$3,325,834
Total assets
$8,609,588

The latest balance sheet of Red Sky Energy Limited also showed $4,408,906 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 $8,609,588.

Red Sky Energy Limited Balance Sheet Statement - Liabilities

ROG's latest annual results shows the balance sheet has $55,760 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $461,120 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
$55,760
Current liabilities
$461,120
Total liabilities
$1,330,804

As per the 31 Dec 2024's annual report of Red Sky Energy Limited, the total liabilities were $1,330,804.

ROG 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 Red Sky Energy Limited showed the total stock holder equity was $7,278,784 which consisted of $50,628,088 of Common stocks, $-45,783,499 of Retained earnings and no Other stock holder equity.

ROG Balance Sheet Statement History

Following table shows the history of balance sheet for Red Sky Energy Limited (ROG).

31 Dec 2024 31 Dec 2023 31 Dec 2022 31 Dec 2021
Cash 2,964,776 2,670,063 4,169,953 6,997,688
Net Receivables 262,739 259,432 41,430 27,202
Inventory - 181,983 - -
Total Current Assets 3,325,834 3,208,795 4,310,955 7,111,923
Property Plant Equipment 4,408,906 3,831,366 2,990,240 792,971
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 8,609,588 7,947,031 8,123,889 8,727,244
Accounts Payable 55,760 110,812 68,016 135,263
Short/Long Term Debt - - - -
Other Current Liabilities - - - -
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 461,120 696,232 231,223 287,619
Total Liabilities 1,330,804 1,527,686 1,031,223 562,619
Common Stock 50,628,088 50,328,088 50,328,088 50,328,088
Retained Earnings -45,783,499 -46,055,909 -44,496,095 -42,820,932
Treasury Stock - - - -
Other Stockholder Equity - - - -
Total Stockholder Equity 7,278,784 6,419,345 7,092,666 8,164,625
Net Tangible Assets 7,278,784 6,419,345 7,092,666 8,164,625

Red Sky Energy Limited (ASX:ROG) Balance Sheet Statement FAQ

1. How much Cash Red Sky Energy Limited has on their balance sheet?

As of 31 Dec 2024, Red Sky Energy Limited (ASX:ROG) has $2,964,776 of Cash.

2. What's the long term debt of Red Sky Energy Limited?

As per the latest Balance sheet of Red Sky Energy Limited (ASX:ROG), it has no Long term debt.

3. How much share holder equity does Red Sky Energy Limited has?

The Red Sky Energy Limited (ASX:ROG)'s balance sheet shows that it has $7,278,784 of Total stock holder equity.