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

Current assets
Total assets

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.

Account payable
Current liabilities
Total liabilities

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 202030 Jun 201930 Jun 201830 Jun 2017
Net Receivables6.36k54.5k1.47M616.61k
Total Current Assets7.45M1.54M29.33M1.05M
Property Plant Equipment49.34M60.54M40.57M9M
Good Will----
Intangible Assets71.68k109.41k83.25k-
Other Assets----
Deferred Long Term Asset Charges----
Total Assets56.86M62.19M69.98M10.05M
Accounts Payable1.83M1.52M7.45M1.8M
Short/Long Term Debt----
Other Current Liabilities----
Long Term Debt----
Other Liabilities1.41M1.41M--
Total Current Liabilities2M7.35M11.37M4.13M
Total Liabilities3.41M8.77M11.37M4.13M
Common Stock92.29M81.44M79.13M39.07M
Retained Earnings-42.11M-30.59M-21.24M-33.32M
Treasury Stock3.26M2.57M725k172k
Other Stockholder Equity3.26M2.57M725k172k
Total Stockholder Equity53.45M53.42M58.61M5.92M
Net Tangible Assets53.37M53.31M58.53M5.92M

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.