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.

Armour Energy Limited Balance Sheet Statement - Assets

As of 30 Jun 2020, The total current assets of Armour Energy Limited (ASX:AJQ) was around $8,762,171 which consisted of $3,245,703 of Cash, $2,587,580 of Inventory and $2,016,447 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
$3.25M
Current assets
$8.76M
Total assets
$111.98M

The latest balance sheet of Armour Energy Limited also showed $93,793,799 of Property Plant Equipment and no Good will. Also there were $224,636 of Intangible assets and $8,109,101 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $111,977,217.

Armour Energy Limited Balance Sheet Statement - Liabilities

AJQ's latest annual results shows the balance sheet has $3,547,686 of Accounts Payable. Also there were $11,713,940 of Short/Long term debt, $43,122,579 of Long term debt, $1,625,195 of Other Current liabilities and $19,910,620 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
$3.55M
Current liabilities
$19.91M
Total liabilities
$69.8M

As per the 30 Jun 2020's annual report of Armour Energy Limited, the total liabilities were $69,803,688.

AJQ 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 Armour Energy Limited showed the total stock holder equity was $42,173,529 which consisted of $121,221,533 of Common stocks, $-74,582,916 of Retained earnings and $-4,465,088 of Other stock holder equity.

AJQ Balance Sheet Statement History

Following table shows the history of balance sheet for Armour Energy Limited (AJQ).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash3.25M9.23M5.1M7.71M
Net Receivables2.02M2.66M2.38M385k
Inventory2.59M1.96M1.39M961.3k
Total Current Assets8.76M14.38M9.04M9.47M
Property Plant Equipment93.79M91.66M79.92M72.29M
Good Will----
Intangible Assets224.64k---
Other Assets8.11M8.39M8.31M7.84M
Deferred Long Term Asset Charges----
Total Assets111.98M116.55M101.52M91.73M
Accounts Payable3.55M2.61M5.6M2.03M
Short/Long Term Debt11.71M1.2M1.54M829.72k
Other Current Liabilities1.63M1.03M1.18M442.56k
Long Term Debt43.12M57.42M37.51M26.39M
Other Liabilities6.74M7.66M8.55M9.42M
Total Current Liabilities19.91M6.69M10.54M6.87M
Total Liabilities69.8M71.79M56.68M42.68M
Common Stock121.22M112.82M102.4M97.14M
Retained Earnings-74.58M-65.05M-59M-47.44M
Treasury Stock-4.47M-3.01M1.45M-649.05k
Other Stockholder Equity-4.47M-3.01M1.45M-649.05k
Total Stockholder Equity42.17M44.76M44.85M49.05M
Net Tangible Assets41.95M44.76M44.85M49.05M

Armour Energy Limited (ASX:AJQ) Balance Sheet Statement FAQ

1. How much Cash Armour Energy Limited has on their balance sheet?

As of 30 Jun 2020, Armour Energy Limited (ASX:AJQ) has $3,245,703 of Cash.

2. What's the long term debt of Armour Energy Limited?

As per the latest Balance sheet of Armour Energy Limited (ASX:AJQ), it has $43,122,579 of Long term debt.

3. How much share holder equity does Armour Energy Limited has?

The Armour Energy Limited (ASX:AJQ)'s balance sheet shows that it has $42,173,529 of Total stock holder equity.