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.

Atlas Pearls Ltd Balance Sheet Statement - Assets

As of 30 Jun 2020, The total current assets of Atlas Pearls Ltd (ASX:ATP) was around $8,205,158 which consisted of $718,302 of Cash, $1,718,211 of Inventory and $358,361 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
$718.3k
Current assets
$8.21M
Total assets
$22.3M

The latest balance sheet of Atlas Pearls Ltd also showed $13,231,294 of Property Plant Equipment and no Good will. Also there were $173,410 of Intangible assets and $689,873 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $22,299,735.

Atlas Pearls Ltd Balance Sheet Statement - Liabilities

ATP's latest annual results shows the balance sheet has $573,734 of Accounts Payable. Also there were $4,268,989 of Short/Long term debt, $313,631 of Long term debt, $3,007,230 of Other Current liabilities and $8,119,156 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
$573.73k
Current liabilities
$8.12M
Total liabilities
$8.66M

As per the 30 Jun 2020's annual report of Atlas Pearls Ltd, the total liabilities were $8,658,191.

ATP 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 Atlas Pearls Ltd showed the total stock holder equity was $13,641,544 which consisted of $36,857,415 of Common stocks, $-15,427,901 of Retained earnings and $-7,787,970 of Other stock holder equity.

ATP Balance Sheet Statement History

Following table shows the history of balance sheet for Atlas Pearls Ltd (ATP).

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash718.3k1.02M1.28M2.18M
Net Receivables358.36k791.8k872.87k856.38k
Inventory1.72M2.23M1.97M1.51M
Total Current Assets8.21M11.36M13.33M13.43M
Property Plant Equipment13.23M15.25M13.12M15.77M
Good Will----
Intangible Assets173.41k243.9k--
Other Assets689.87k4.38M5.26M4.97M
Deferred Long Term Asset Charges689.87k3.02M4M3.64M
Total Assets22.3M31.23M31.71M34.18M
Accounts Payable573.73k822.72k553.76k520.96k
Short/Long Term Debt4.27M2.87M2.31M278.72k
Other Current Liabilities3.01M2.77M287.15k704.95k
Long Term Debt313.63k750k1.75M3.25M
Other Liabilities225.4k2.1M1.34M1.33M
Total Current Liabilities8.12M6.47M4.73M3.15M
Total Liabilities8.66M9.32M7.81M7.74M
Common Stock36.86M36.86M36.86M36.86M
Retained Earnings-15.43M-7.19M-3.61M-1.57M
Treasury Stock-7.79M-7.76M-9.35M-8.84M
Other Stockholder Equity-7.79M-7.76M-9.35M-8.84M
Total Stockholder Equity13.64M21.91M23.9M26.44M
Net Tangible Assets13.47M21.67M23.9M26.44M

Atlas Pearls Ltd (ASX:ATP) Balance Sheet Statement FAQ

1. How much Cash Atlas Pearls Ltd has on their balance sheet?

As of 30 Jun 2020, Atlas Pearls Ltd (ASX:ATP) has $718,302 of Cash.

2. What's the long term debt of Atlas Pearls Ltd?

As per the latest Balance sheet of Atlas Pearls Ltd (ASX:ATP), it has $313,631 of Long term debt.

3. How much share holder equity does Atlas Pearls Ltd has?

The Atlas Pearls Ltd (ASX:ATP)'s balance sheet shows that it has $13,641,544 of Total stock holder equity.