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.

Argonaut Resources NL Balance Sheet Statement - Assets

As of 30 Jun 2020, The total current assets of Argonaut Resources NL (ASX:ARE) was around $1,236,876 which consisted of $1,175,023 of Cash, no Inventory and $51,570 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
$1.18M
Current assets
$1.24M
Total assets
$4.74M

The latest balance sheet of Argonaut Resources NL also showed $3,498,680 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 $4,735,556.

Argonaut Resources NL Balance Sheet Statement - Liabilities

ARE's latest annual results shows the balance sheet has $159,200 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $237,533 of Other Current liabilities and $810,010 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
$159.2k
Current liabilities
$810.01k
Total liabilities
$810.01k

As per the 30 Jun 2020's annual report of Argonaut Resources NL, the total liabilities were $810,010.

ARE 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 Argonaut Resources NL showed the total stock holder equity was $3,925,546 which consisted of $52,791,932 of Common stocks, $-46,871,549 of Retained earnings and $-1,994,837 of Other stock holder equity.

ARE Balance Sheet Statement History

Following table shows the history of balance sheet for Argonaut Resources NL (ARE).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash1.18M2.04M5.34M62.02k
Net Receivables51.57k128.52k96.5k73.56k
Inventory----
Total Current Assets1.24M2.19M5.48M172.57k
Property Plant Equipment3.5M3.17M1.88M1.29M
Good Will----
Intangible Assets----
Other Assets----
Deferred Long Term Asset Charges----
Total Assets4.74M5.35M7.36M1.46M
Accounts Payable159.2k170.82k161.79k322.44k
Short/Long Term Debt----
Other Current Liabilities237.53k352.61k342.75k267.68k
Long Term Debt----
Other Liabilities----
Total Current Liabilities810.01k905.06k753.66k803.75k
Total Liabilities810.01k905.06k753.66k803.75k
Common Stock52.79M51.66M51.66M43.68M
Retained Earnings-46.87M-45.07M-43.04M-40.45M
Treasury Stock-1.99M-2.14M-2.02M-2.57M
Other Stockholder Equity-1.99M-2.14M-2.02M-2.57M
Total Stockholder Equity3.93M4.45M6.61M658.15k
Net Tangible Assets3.93M4.45M6.61M658.15k

Argonaut Resources NL (ASX:ARE) Balance Sheet Statement FAQ

1. How much Cash Argonaut Resources NL has on their balance sheet?

As of 30 Jun 2020, Argonaut Resources NL (ASX:ARE) has $1,175,023 of Cash.

2. What's the long term debt of Argonaut Resources NL?

As per the latest Balance sheet of Argonaut Resources NL (ASX:ARE), it has no Long term debt.

3. How much share holder equity does Argonaut Resources NL has?

The Argonaut Resources NL (ASX:ARE)'s balance sheet shows that it has $3,925,546 of Total stock holder equity.