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.
Australian Agricultural Projects Ltd Balance Sheet Statement - Assets
As of 30 Jun 2024, The total current assets of Australian Agricultural Projects Ltd (ASX:AAP) was around $5,988,621 which consisted of $458,115 of Cash, $1,118,492 of Inventory and $4,283,255 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 Australian Agricultural Projects Ltd also showed $14,702,420 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 $18,222,019.
Australian Agricultural Projects Ltd Balance Sheet Statement - Liabilities
AAP's latest annual results shows the balance sheet has $2,569,143 of Accounts Payable. Also there were $11,998,046 of Short/Long term debt, $11,028,499 of Long term debt, no Other Current liabilities and $4,263,480 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 Australian Agricultural Projects Ltd, the total liabilities were $15,310,930.
AAP 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 Australian Agricultural Projects Ltd showed the total stock holder equity was $12,920,965 which consisted of $25,285,850 of Common stocks, $-17,663,104 of Retained earnings and no Other stock holder equity.
AAP Balance Sheet Statement History
Following table shows the history of balance sheet for Australian Agricultural Projects Ltd (AAP).
| 30 Jun 2024 | 30 Jun 2023 | 30 Jun 2022 | 30 Jun 2021 | |
|---|---|---|---|---|
| Cash | 458,115 | 229,340 | 68,040 | 134,941 |
| Net Receivables | 4,283,255 | 3,110,205 | 2,380,655 | 3,050,607 |
| Inventory | 1,118,492 | 843,054 | 374,453 | 782,432 |
| Total Current Assets | 5,988,621 | 4,237,799 | 2,861,191 | 4,157,694 |
| Property Plant Equipment | 14,702,420 | 13,799,200 | 13,338,054 | 11,731,258 |
| Good Will | - | - | - | - |
| Intangible Assets | - | - | - | - |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 18,222,019 | 20,382,770 | 18,211,395 | 13,207,595 |
| Accounts Payable | 2,569,143 | 3,116,203 | 2,925,593 | 2,444,803 |
| Short/Long Term Debt | 11,998,046 | 13,664,756 | 6,737,479 | 6,985,634 |
| Other Current Liabilities | - | - | - | - |
| Long Term Debt | 11,028,499 | 10,639,000 | 6,658,500 | 6,676,359 |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 4,263,480 | 6,442,733 | 3,268,587 | 3,451,869 |
| Total Liabilities | 15,310,930 | 17,114,921 | 9,974,842 | 10,146,087 |
| Common Stock | 25,285,850 | 24,338,804 | 24,338,804 | 24,339,186 |
| Retained Earnings | -17,663,104 | -18,917,934 | -19,452,587 | -19,982,512 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 12,920,965 | 9,856,745 | 8,236,553 | 9,907,931 |
| Net Tangible Assets | 12,920,965 | 9,856,745 | 8,236,553 | 9,907,931 |
Australian Agricultural Projects Ltd (ASX:AAP) Balance Sheet Statement FAQ
1. How much Cash Australian Agricultural Projects Ltd has on their balance sheet?
As of 30 Jun 2024, Australian Agricultural Projects Ltd (ASX:AAP) has $458,115 of Cash.
2. What's the long term debt of Australian Agricultural Projects Ltd?
As per the latest Balance sheet of Australian Agricultural Projects Ltd (ASX:AAP), it has $11,028,499 of Long term debt.
3. How much share holder equity does Australian Agricultural Projects Ltd has?
The Australian Agricultural Projects Ltd (ASX:AAP)'s balance sheet shows that it has $12,920,965 of Total stock holder equity.