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.

Adavale Resources Limited Balance Sheet Statement - Assets

As of 30 Jun 2020, The total current assets of Adavale Resources Limited (ASX:ADD) was around $112,051 which consisted of $85,648 of Cash, no Inventory and $26,403 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
$85.65k
Current assets
$112.05k
Total assets
$112.05k

The latest balance sheet of Adavale Resources Limited also showed no 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 $112,051.

Adavale Resources Limited Balance Sheet Statement - Liabilities

ADD's latest annual results shows the balance sheet has $30,759 of Accounts Payable. Also there were no Short/Long term debt, $1,000,000 of Long term debt, $93,004 of Other Current liabilities and $377,774 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
$30.76k
Current liabilities
$377.77k
Total liabilities
$1.38M

As per the 30 Jun 2020's annual report of Adavale Resources Limited, the total liabilities were $1,377,774.

ADD 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 Adavale Resources Limited showed the total stock holder equity was $-1,265,723 which consisted of $2,808,696 of Common stocks, $-4,373,828 of Retained earnings and $299,409 of Other stock holder equity.

ADD Balance Sheet Statement History

Following table shows the history of balance sheet for Adavale Resources Limited (ADD).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash85.65k23.86k13.47k46.59k
Net Receivables26.4k30.81k26.98k19.88k
Inventory----
Total Current Assets112.05k54.66k40.45k66.47k
Property Plant Equipment----
Good Will----
Intangible Assets----
Other Assets----
Deferred Long Term Asset Charges----
Total Assets112.05k54.66k40.45k66.47k
Accounts Payable30.76k62.55k10.26k543.88k
Short/Long Term Debt----
Other Current Liabilities93k39.6k60.15k91.04k
Long Term Debt1M1M850.44k716.82k
Other Liabilities----
Total Current Liabilities377.77k275.95k214.21k1.03M
Total Liabilities1.38M1.28M1.06M1.74M
Common Stock2.81M2.32M1.99M1.5M
Retained Earnings-4.37M-3.84M-3.34M-3.46M
Treasury Stock299.41k299.41k327.41k284.26k
Other Stockholder Equity299.41k299.41k327.41k284.26k
Total Stockholder Equity-1.27M-1.22M-1.02M-1.68M
Net Tangible Assets-1.27M-1.22M-1.02M-1.68M

Adavale Resources Limited (ASX:ADD) Balance Sheet Statement FAQ

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

As of 30 Jun 2020, Adavale Resources Limited (ASX:ADD) has $85,648 of Cash.

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

As per the latest Balance sheet of Adavale Resources Limited (ASX:ADD), it has $1,000,000 of Long term debt.

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

The Adavale Resources Limited (ASX:ADD)'s balance sheet shows that it has $-1,265,723 of Total stock holder equity.