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.
WIA Gold Limited Balance Sheet Statement - Assets
As of 30 Jun 2024, The total current assets of WIA Gold Limited (ASX:WIA) was around $16,339,792 which consisted of $15,051,079 of Cash, no Inventory and $1,253,712 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 WIA Gold Limited also showed $27,426,504 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 $43,766,296.
WIA Gold Limited Balance Sheet Statement - Liabilities
WIA's latest annual results shows the balance sheet has $595,628 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $1,170,445 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 30 Jun 2024's annual report of WIA Gold Limited, the total liabilities were $1,170,445.
WIA 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 WIA Gold Limited showed the total stock holder equity was $41,426,791 which consisted of $69,764,181 of Common stocks, $-31,722,360 of Retained earnings and no Other stock holder equity.
WIA Balance Sheet Statement History
Following table shows the history of balance sheet for WIA Gold Limited (WIA).
| 30 Jun 2024 | 30 Jun 2023 | 30 Jun 2022 | 30 Jun 2021 | |
|---|---|---|---|---|
| Cash | 15,051,079 | 1,215,694 | 2,319,895 | 5,181,004 |
| Net Receivables | 1,253,712 | 199,102 | 741,656 | 74,267 |
| Inventory | - | - | - | - |
| Total Current Assets | 16,339,792 | 1,429,296 | 3,085,232 | 5,269,800 |
| Property Plant Equipment | 27,426,504 | 15,801,270 | 8,675,830 | 3,204,566 |
| Good Will | - | - | - | - |
| Intangible Assets | - | - | - | - |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 43,766,296 | 17,230,566 | 11,761,062 | 8,482,691 |
| Accounts Payable | 595,628 | 68,758 | 121,425 | 189,733 |
| Short/Long Term Debt | - | - | - | - |
| Other Current Liabilities | - | - | - | - |
| Long Term Debt | - | - | - | - |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 1,170,445 | 278,758 | 204,672 | 192,127 |
| Total Liabilities | 1,170,445 | 278,758 | 204,672 | 192,127 |
| Common Stock | 69,764,181 | 43,492,970 | 37,260,423 | 32,938,439 |
| Retained Earnings | -31,722,360 | -28,106,736 | -26,595,459 | -25,256,412 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 41,426,791 | 16,830,611 | 11,556,390 | 8,290,564 |
| Net Tangible Assets | 41,426,791 | 16,830,611 | 11,556,390 | 8,290,564 |
WIA Gold Limited (ASX:WIA) Balance Sheet Statement FAQ
1. How much Cash WIA Gold Limited has on their balance sheet?
As of 30 Jun 2024, WIA Gold Limited (ASX:WIA) has $15,051,079 of Cash.
2. What's the long term debt of WIA Gold Limited?
As per the latest Balance sheet of WIA Gold Limited (ASX:WIA), it has no Long term debt.
3. How much share holder equity does WIA Gold Limited has?
The WIA Gold Limited (ASX:WIA)'s balance sheet shows that it has $41,426,791 of Total stock holder equity.