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.

Argent Minerals Limited Balance Sheet Statement - Assets

As of 30 Jun 2020, The total current assets of Argent Minerals Limited (ASX:ARD) was around $2,014,565 which consisted of $1,956,724 of Cash, no Inventory and $8,751 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
$1.96M
Current assets
$2.01M
Total assets
$2.47M

The latest balance sheet of Argent Minerals Limited also showed $358,693 of Property Plant Equipment and no Good will. Also there were no Intangible assets and $96,000 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $2,469,258.

Argent Minerals Limited Balance Sheet Statement - Liabilities

ARD's latest annual results shows the balance sheet has $239,242 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $1,428,050 of Other Current liabilities and $1,932,285 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
$239.24k
Current liabilities
$1.93M
Total liabilities
$1.96M

As per the 30 Jun 2020's annual report of Argent Minerals Limited, the total liabilities were $1,958,638.

ARD 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 Argent Minerals Limited showed the total stock holder equity was $510,620 which consisted of $33,368,098 of Common stocks, $-33,106,698 of Retained earnings and $249,220 of Other stock holder equity.

ARD Balance Sheet Statement History

Following table shows the history of balance sheet for Argent Minerals Limited (ARD).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash1.96M725.93k1.65M2.03M
Net Receivables8.75k19.56k-17.61k
Inventory----
Total Current Assets2.01M768.4k1.67M2.07M
Property Plant Equipment358.69k362.71k398.37k420.83k
Good Will----
Intangible Assets----
Other Assets96k93.1k83.1k95k
Deferred Long Term Asset Charges----
Total Assets2.47M1.22M2.15M2.58M
Accounts Payable239.24k33.6k100.79k100.69k
Short/Long Term Debt----
Other Current Liabilities1.43M1.4M--
Long Term Debt----
Other Liabilities----
Total Current Liabilities1.93M1.6M217.11k177.91k
Total Liabilities1.96M1.6M217.11k177.91k
Common Stock33.37M30.46M29.27M28.09M
Retained Earnings-33.11M-31.05M-27.53M-25.83M
Treasury Stock249.22k211.51k193.53k143.64k
Other Stockholder Equity249.22k211.51k193.53k143.64k
Total Stockholder Equity510.62k-377.36k1.94M2.4M
Net Tangible Assets510.62k-377.36k1.94M2.4M

Argent Minerals Limited (ASX:ARD) Balance Sheet Statement FAQ

1. How much Cash Argent Minerals Limited has on their balance sheet?

As of 30 Jun 2020, Argent Minerals Limited (ASX:ARD) has $1,956,724 of Cash.

2. What's the long term debt of Argent Minerals Limited?

As per the latest Balance sheet of Argent Minerals Limited (ASX:ARD), it has no Long term debt.

3. How much share holder equity does Argent Minerals Limited has?

The Argent Minerals Limited (ASX:ARD)'s balance sheet shows that it has $510,620 of Total stock holder equity.