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.

AKORA Resources Limited Balance Sheet Statement - Assets

As of 31 Dec 2024, The total current assets of AKORA Resources Limited (ASX:AKO) was around $686,513 which consisted of $660,599 of Cash, no Inventory and $23,518 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
$660,599
Current assets
$686,513
Total assets
$13,905,697

The latest balance sheet of AKORA Resources Limited also showed $13,219,184 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 $13,905,697.

AKORA Resources Limited Balance Sheet Statement - Liabilities

AKO's latest annual results shows the balance sheet has $284,864 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $363,381 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
$284,864
Current liabilities
$363,381
Total liabilities
$363,381

As per the 31 Dec 2024's annual report of AKORA Resources Limited, the total liabilities were $363,381.

AKO 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 AKORA Resources Limited showed the total stock holder equity was $13,542,316 which consisted of $35,714,424 of Common stocks, $-22,088,350 of Retained earnings and no Other stock holder equity.

AKO Balance Sheet Statement History

Following table shows the history of balance sheet for AKORA Resources Limited (AKO).

31 Dec 2024 31 Dec 2023 31 Dec 2022 31 Dec 2021
Cash 660,599 1,314,109 721,766 1,045,851
Net Receivables 23,518 21,945 16,822 20,933
Inventory - - - -
Total Current Assets 686,513 1,338,271 740,904 1,069,213
Property Plant Equipment 13,219,184 9,932,524 8,890,924 7,219,896
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 13,905,697 11,270,795 9,631,828 8,289,109
Accounts Payable 284,864 44,525 86,083 545,575
Short/Long Term Debt - - - -
Other Current Liabilities - - - -
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 363,381 176,664 189,218 629,127
Total Liabilities 363,381 176,664 189,218 629,127
Common Stock 35,714,424 31,606,710 28,186,123 24,786,898
Retained Earnings -22,088,350 -19,888,129 -18,501,441 -17,268,367
Treasury Stock - - - -
Other Stockholder Equity - - - -
Total Stockholder Equity 13,542,316 11,094,131 9,442,610 7,659,982
Net Tangible Assets 13,542,316 11,094,131 9,442,610 7,659,982

AKORA Resources Limited (ASX:AKO) Balance Sheet Statement FAQ

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

As of 31 Dec 2024, AKORA Resources Limited (ASX:AKO) has $660,599 of Cash.

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

As per the latest Balance sheet of AKORA Resources Limited (ASX:AKO), it has no Long term debt.

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

The AKORA Resources Limited (ASX:AKO)'s balance sheet shows that it has $13,542,316 of Total stock holder equity.