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.
Argosy Minerals Limited Balance Sheet Statement - Assets
As of 31 Dec 2020, The total current assets of Argosy Minerals Limited (ASX:AGY) was around $3,077,729 which consisted of $2,892,293 of Cash, no Inventory and $162,443 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 Argosy Minerals Limited also showed $2,449,258 of Property Plant Equipment and no Good will. Also there were no Intangible assets and $7,502,925 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $20,783,243.
Argosy Minerals Limited Balance Sheet Statement - Liabilities
AGY's latest annual results shows the balance sheet has $125,801 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $62,814 of Other Current liabilities and $237,647 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 31 Dec 2020's annual report of Argosy Minerals Limited, the total liabilities were $294,685.
AGY 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 Argosy Minerals Limited showed the total stock holder equity was $20,488,558 which consisted of $89,023,264 of Common stocks, $-70,611,729 of Retained earnings and $2,077,023 of Other stock holder equity.
AGY Balance Sheet Statement History
Following table shows the history of balance sheet for Argosy Minerals Limited (AGY).
|31 Dec 2020||31 Dec 2019||31 Dec 2018||31 Dec 2017|
|Total Current Assets||3.08M||6.02M||2.75M||15.28M|
|Property Plant Equipment||2.45M||2.05M||1.51M||2.1M|
|Deferred Long Term Asset Charges||-||-||-||-|
|Short/Long Term Debt||-||-||-||-|
|Other Current Liabilities||62.81k||38.65k||166.83k||1.07M|
|Long Term Debt||-||-||-||-|
|Total Current Liabilities||237.65k||174.4k||378.99k||1.13M|
|Other Stockholder Equity||2.08M||4.17M||3.73M||7.16M|
|Total Stockholder Equity||20.49M||24.71M||18.1M||20.71M|
|Net Tangible Assets||20.49M||24.71M||18.1M||20.71M|
Argosy Minerals Limited (ASX:AGY) Balance Sheet Statement FAQ
1. How much Cash Argosy Minerals Limited has on their balance sheet?
As of 31 Dec 2020, Argosy Minerals Limited (ASX:AGY) has $2,892,293 of Cash.
2. What's the long term debt of Argosy Minerals Limited?
As per the latest Balance sheet of Argosy Minerals Limited (ASX:AGY), it has no Long term debt.
3. How much share holder equity does Argosy Minerals Limited has?
The Argosy Minerals Limited (ASX:AGY)'s balance sheet shows that it has $20,488,558 of Total stock holder equity.