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.
Artemis Resources Limited Balance Sheet Statement - Assets
As of 30 Jun 2020, The total current assets of Artemis Resources Limited (ASX:ARV) was around $7,449,040 which consisted of $412,138 of Cash, no Inventory and $6,356 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 Artemis Resources Limited also showed $49,340,431 of Property Plant Equipment and no Good will. Also there were $71,676 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $56,861,147.
Artemis Resources Limited Balance Sheet Statement - Liabilities
ARV's latest annual results shows the balance sheet has $1,834,010 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $2,001,638 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 2020's annual report of Artemis Resources Limited, the total liabilities were $3,414,761.
ARV 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 Artemis Resources Limited showed the total stock holder equity was $53,446,386 which consisted of $92,294,878 of Common stocks, $-42,105,810 of Retained earnings and $3,257,318 of Other stock holder equity.
ARV Balance Sheet Statement History
Following table shows the history of balance sheet for Artemis Resources Limited (ARV).
|30 Jun 2020||30 Jun 2019||30 Jun 2018||30 Jun 2017|
|Total Current Assets||7.45M||1.54M||29.33M||1.05M|
|Property Plant Equipment||49.34M||60.54M||40.57M||9M|
|Deferred Long Term Asset Charges||-||-||-||-|
|Short/Long Term Debt||-||-||-||-|
|Other Current Liabilities||-||-||-||-|
|Long Term Debt||-||-||-||-|
|Total Current Liabilities||2M||7.35M||11.37M||4.13M|
|Other Stockholder Equity||3.26M||2.57M||725k||172k|
|Total Stockholder Equity||53.45M||53.42M||58.61M||5.92M|
|Net Tangible Assets||53.37M||53.31M||58.53M||5.92M|
Artemis Resources Limited (ASX:ARV) Balance Sheet Statement FAQ
1. How much Cash Artemis Resources Limited has on their balance sheet?
As of 30 Jun 2020, Artemis Resources Limited (ASX:ARV) has $412,138 of Cash.
2. What's the long term debt of Artemis Resources Limited?
As per the latest Balance sheet of Artemis Resources Limited (ASX:ARV), it has no Long term debt.
3. How much share holder equity does Artemis Resources Limited has?
The Artemis Resources Limited (ASX:ARV)'s balance sheet shows that it has $53,446,386 of Total stock holder equity.