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
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.
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|
|Total Current Assets||25.43M||10.9M||22.99M||5.46M|
|Property Plant Equipment||117.31M||114.07M||108.05M||100.35M|
|Deferred Long Term Asset Charges||-||-||-||-|
|Short/Long Term Debt||-||-||-||-|
|Other Current Liabilities||15.38k||73.76k||6.12k||21.36k|
|Long Term Debt||-||-||-||-|
|Total Current Liabilities||10.74M||3.51M||2.73M||1.44M|
|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.