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.

American Rare Earths Limited Balance Sheet Statement - Assets

As of 30 Jun 2020, The total current assets of American Rare Earths Limited (ASX:ARR) was around $1,519,309 which consisted of $1,433,784 of Cash, no Inventory and $30,181 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
$1.43M
Current assets
$1.52M
Total assets
$6.72M

The latest balance sheet of American Rare Earths Limited also showed $691,571 of Property Plant Equipment and no Good will. Also there were no Intangible assets and $30,000 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $6,720,475.

American Rare Earths Limited Balance Sheet Statement - Liabilities

ARR's latest annual results shows the balance sheet has $69,524 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $233,104 of Other Current liabilities and $364,165 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
$69.52k
Current liabilities
$364.17k
Total liabilities
$412.68k

As per the 30 Jun 2020's annual report of American Rare Earths Limited, the total liabilities were $412,676.

ARR 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 American Rare Earths Limited showed the total stock holder equity was $6,307,799 which consisted of $10,374,714 of Common stocks, $-4,060,938 of Retained earnings and $-5,977 of Other stock holder equity.

ARR Balance Sheet Statement History

Following table shows the history of balance sheet for American Rare Earths Limited (ARR).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash1.43M490.51k2.09M802.73k
Net Receivables30.18k46.26k69.59k3.3M
Inventory----
Total Current Assets1.52M596.95k2.28M4.44M
Property Plant Equipment691.57k2.74M2.43M2.23M
Good Will----
Intangible Assets----
Other Assets30k80k80k145k
Deferred Long Term Asset Charges----
Total Assets6.72M3.42M4.79M6.81M
Accounts Payable69.52k75.08k106.32k338.64k
Short/Long Term Debt----
Other Current Liabilities233.1k77.1k142.97k567.66k
Long Term Debt----
Other Liabilities--20k20k
Total Current Liabilities364.17k192.66k281.57k955.98k
Total Liabilities412.68k192.66k301.57k975.98k
Common Stock10.37M8.19M8.19M8.19M
Retained Earnings-4.06M-5.28M-3.92M-2.4M
Treasury Stock-5.98k312.23k216.14k47.52k
Other Stockholder Equity-5.98k312.23k216.14k47.52k
Total Stockholder Equity6.31M3.22M4.49M5.83M
Net Tangible Assets6.31M3.22M4.49M5.83M

American Rare Earths Limited (ASX:ARR) Balance Sheet Statement FAQ

1. How much Cash American Rare Earths Limited has on their balance sheet?

As of 30 Jun 2020, American Rare Earths Limited (ASX:ARR) has $1,433,784 of Cash.

2. What's the long term debt of American Rare Earths Limited?

As per the latest Balance sheet of American Rare Earths Limited (ASX:ARR), it has no Long term debt.

3. How much share holder equity does American Rare Earths Limited has?

The American Rare Earths Limited (ASX:ARR)'s balance sheet shows that it has $6,307,799 of Total stock holder equity.