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.

Aldoro Resources Limited Balance Sheet Statement - Assets

As of 30 Jun 2020, The total current assets of Aldoro Resources Limited (ASX:ARN) was around $2,271,889 which consisted of $2,203,956 of Cash, no Inventory and $51,453 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
$2.2M
Current assets
$2.27M
Total assets
$6.28M

The latest balance sheet of Aldoro Resources Limited also showed $4,003,781 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 $6,275,670.

Aldoro Resources Limited Balance Sheet Statement - Liabilities

ARN's latest annual results shows the balance sheet has $365,186 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $14,356 of Other Current liabilities and $410,042 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
$365.19k
Current liabilities
$410.04k
Total liabilities
$410.04k

As per the 30 Jun 2020's annual report of Aldoro Resources Limited, the total liabilities were $410,042.

ARN 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 Aldoro Resources Limited showed the total stock holder equity was $5,865,628 which consisted of $8,186,083 of Common stocks, $-2,430,455 of Retained earnings and $110,000 of Other stock holder equity.

ARN Balance Sheet Statement History

Following table shows the history of balance sheet for Aldoro Resources Limited (ARN).

30 Jun 202030 Jun 201930 Jun 2018
Cash2.2M3.55M206k
Net Receivables51.45k13.6k16.97k
Inventory---
Total Current Assets2.27M3.59M293.72k
Property Plant Equipment4M1.41M94.19k
Good Will---
Intangible Assets---
Other Assets---
Deferred Long Term Asset Charges---
Total Assets6.28M4.99M387.9k
Accounts Payable365.19k28.71k130.8k
Short/Long Term Debt---
Other Current Liabilities14.36k1.71k-
Long Term Debt---
Other Liabilities---
Total Current Liabilities410.04k79.42k268.37k
Total Liabilities410.04k79.42k268.37k
Common Stock8.19M5.48M295k
Retained Earnings-2.43M-566.82k-175.46k
Treasury Stock110k--
Other Stockholder Equity110k--
Total Stockholder Equity5.87M4.91M119.54k
Net Tangible Assets5.87M4.91M119.54k

Aldoro Resources Limited (ASX:ARN) Balance Sheet Statement FAQ

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

As of 30 Jun 2020, Aldoro Resources Limited (ASX:ARN) has $2,203,956 of Cash.

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

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

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

The Aldoro Resources Limited (ASX:ARN)'s balance sheet shows that it has $5,865,628 of Total stock holder equity.