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.
Andromeda Metals Limited Balance Sheet Statement - Assets
As of 30 Jun 2020, The total current assets of Andromeda Metals Limited (ASX:ADN) was around $3,083,623 which consisted of $2,998,626 of Cash, no Inventory and $84,997 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 Andromeda Metals Limited also showed $9,369,038 of Property Plant Equipment and no Good will. Also there were no Intangible assets and $74,500 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $12,685,125.
Andromeda Metals Limited Balance Sheet Statement - Liabilities
ADN's latest annual results shows the balance sheet has $626,274 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $709,303 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 2020's annual report of Andromeda Metals Limited, the total liabilities were $1,754,476.
ADN 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 Andromeda Metals Limited showed the total stock holder equity was $10,930,649 which consisted of $47,878,739 of Common stocks, $-39,835,607 of Retained earnings and $2,939,738 of Other stock holder equity.
ADN Balance Sheet Statement History
Following table shows the history of balance sheet for Andromeda Metals Limited (ADN).
|30 Jun 2020||30 Jun 2019||30 Jun 2018||30 Jun 2017|
|Total Current Assets||3.08M||1.79M||894.32k||305.25k|
|Property Plant Equipment||9.37M||6.45M||5.35M||4.36M|
|Deferred Long Term Asset Charges||-||-||-||-|
|Short/Long Term Debt||-||-||-||-|
|Other Current Liabilities||-||-||-||66.31k|
|Long Term Debt||-||-||-||-|
|Total Current Liabilities||709.3k||456.46k||193.94k||262.02k|
|Other Stockholder Equity||2.94M||562.72k||432.38k||36.43k|
|Total Stockholder Equity||10.93M||6.91M||5.17M||3.63M|
|Net Tangible Assets||10.93M||6.91M||5.17M||3.63M|
Andromeda Metals Limited (ASX:ADN) Balance Sheet Statement FAQ
1. How much Cash Andromeda Metals Limited has on their balance sheet?
As of 30 Jun 2020, Andromeda Metals Limited (ASX:ADN) has $2,998,626 of Cash.
2. What's the long term debt of Andromeda Metals Limited?
As per the latest Balance sheet of Andromeda Metals Limited (ASX:ADN), it has no Long term debt.
3. How much share holder equity does Andromeda Metals Limited has?
The Andromeda Metals Limited (ASX:ADN)'s balance sheet shows that it has $10,930,649 of Total stock holder equity.