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.

Arafura Rare Earths Limited Balance Sheet Statement - Assets

As of 30 Jun 2022, The total current assets of Arafura Rare Earths Limited (ASX:ARU) was around $25,427,592 which consisted of $24,680,222 of Cash, no Inventory and $6,748 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
$24.68M
Current assets
$25.43M
Total assets
$143.32M

The latest balance sheet of Arafura Rare Earths Limited also showed $117,306,116 of Property Plant Equipment and no Good will. Also there were no Intangible assets and $587,806 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $143,321,514.

Arafura Rare Earths Limited Balance Sheet Statement - Liabilities

ARU's latest annual results shows the balance sheet has $9,704,693 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $15,377 of Other Current liabilities and $10,735,806 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
$9.7M
Current liabilities
$10.74M
Total liabilities
$10.95M

As per the 30 Jun 2022's annual report of Arafura Rare Earths Limited, the total liabilities were $10,953,440.

ARU 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 Arafura Rare Earths Limited showed the total stock holder equity was $132,368,074 which consisted of $287,728,300 of Common stocks, $-168,495,827 of Retained earnings and $13,135,601 of Other stock holder equity.

ARU Balance Sheet Statement History

Following table shows the history of balance sheet for Arafura Rare Earths Limited (ARU).

30 Jun 2022 30 Jun 2021 30 Jun 2020 30 Jun 2019
Cash 24.68M 10.79M 22.77M 5.4M
Net Receivables 6.75k 948 217.56k 34.56k
Inventory - - - -
Total Current Assets 25.43M 10.9M 22.99M 5.46M
Property Plant Equipment 117.31M 114.07M 108.05M 100.35M
Good Will - - - -
Intangible Assets - - - -
Other Assets 587.81k 563.74k 340.33k 255.01k
Deferred Long Term Asset Charges - - - -
Total Assets 143.32M 125.53M 131.38M 106.06M
Accounts Payable 9.7M 2.51M 1.76M 700.9k
Short/Long Term Debt - - - -
Other Current Liabilities 15.38k 73.76k 6.12k 21.36k
Long Term Debt - - - -
Other Liabilities 8.35k 4.14k 2.57k 7.34k
Total Current Liabilities 10.74M 3.51M 2.73M 1.44M
Total Liabilities 10.95M 3.51M 2.92M 1.45M
Common Stock 287.73M 242.26M 242.28M 214.05M
Retained Earnings -168.5M -132.94M -126.46M -121.65M
Treasury Stock 13.14M 12.7M 12.64M 12.21M
Other Stockholder Equity 13.14M 12.7M 12.64M 12.21M
Total Stockholder Equity 132.37M 122.02M 128.46M 104.61M
Net Tangible Assets 132.37M 122.02M 128.46M 104.61M

Arafura Rare Earths Limited (ASX:ARU) Balance Sheet Statement FAQ

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

As of 30 Jun 2022, Arafura Rare Earths Limited (ASX:ARU) has $24,680,222 of Cash.

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

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

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

The Arafura Rare Earths Limited (ASX:ARU)'s balance sheet shows that it has $132,368,074 of Total stock holder equity.