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.

Western Gold Resources Limited Balance Sheet Statement - Assets

As of 30 Jun 2024, The total current assets of Western Gold Resources Limited (ASX:WGR) was around $864,177 which consisted of $751,317 of Cash, no Inventory and $85,245 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
$751,317
Current assets
$864,177
Total assets
$2,068,695

The latest balance sheet of Western Gold Resources Limited also showed $1,204,518 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 $2,068,695.

Western Gold Resources Limited Balance Sheet Statement - Liabilities

WGR's latest annual results shows the balance sheet has $122,042 of Accounts Payable. Also there were $1,000,000 of Short/Long term debt, no Long term debt, no Other Current liabilities and $1,233,210 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
$122,042
Current liabilities
$1,233,210
Total liabilities
$1,240,806

As per the 30 Jun 2024's annual report of Western Gold Resources Limited, the total liabilities were $1,240,806.

WGR 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 Western Gold Resources Limited showed the total stock holder equity was $1,327,889 which consisted of $19,403,789 of Common stocks, $-20,394,900 of Retained earnings and no Other stock holder equity.

WGR Balance Sheet Statement History

Following table shows the history of balance sheet for Western Gold Resources Limited (WGR).

30 Jun 2024 30 Jun 2023 30 Jun 2022
Cash 751,317 658,710 2,132,627
Net Receivables 85,245 70,575 222,768
Inventory - - -
Total Current Assets 864,177 729,285 2,355,395
Property Plant Equipment 1,204,518 562,758 564,534
Good Will - - -
Intangible Assets - - -
Other Assets - - -
Deferred Long Term Asset Charges - - -
Total Assets 2,068,695 1,292,043 2,919,929
Accounts Payable 122,042 200,457 421,087
Short/Long Term Debt 1,000,000 - -
Other Current Liabilities - - -
Long Term Debt - - -
Other Liabilities - - -
Total Current Liabilities 1,233,210 223,142 440,524
Total Liabilities 1,240,806 261,940 460,412
Common Stock 19,403,789 17,035,567 16,560,328
Retained Earnings -20,394,900 -17,287,464 -15,382,811
Treasury Stock - - -
Other Stockholder Equity - - -
Total Stockholder Equity 1,327,889 1,030,103 2,459,517
Net Tangible Assets 1,327,889 1,030,103 2,459,517

Western Gold Resources Limited (ASX:WGR) Balance Sheet Statement FAQ

1. How much Cash Western Gold Resources Limited has on their balance sheet?

As of 30 Jun 2024, Western Gold Resources Limited (ASX:WGR) has $751,317 of Cash.

2. What's the long term debt of Western Gold Resources Limited?

As per the latest Balance sheet of Western Gold Resources Limited (ASX:WGR), it has no Long term debt.

3. How much share holder equity does Western Gold Resources Limited has?

The Western Gold Resources Limited (ASX:WGR)'s balance sheet shows that it has $1,327,889 of Total stock holder equity.