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
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.
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 2020||30 Jun 2019||30 Jun 2018||30 Jun 2017|
|Total Current Assets||8.21M||11.36M||13.33M||13.43M|
|Property Plant Equipment||13.23M||15.25M||13.12M||15.77M|
|Deferred Long Term Asset Charges||689.87k||3.02M||4M||3.64M|
|Short/Long Term Debt||4.27M||2.87M||2.31M||278.72k|
|Other Current Liabilities||3.01M||2.77M||287.15k||704.95k|
|Long Term Debt||313.63k||750k||1.75M||3.25M|
|Total Current Liabilities||8.12M||6.47M||4.73M||3.15M|
|Other Stockholder Equity||-7.79M||-7.76M||-9.35M||-8.84M|
|Total Stockholder Equity||13.64M||21.91M||23.9M||26.44M|
|Net Tangible Assets||13.47M||21.67M||23.9M||26.44M|
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.