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.

Archer Materials Limited Balance Sheet Statement - Assets

As of 30 Jun 2022, The total current assets of Archer Materials Limited (ASX:AXE) was around $29,850,224 which consisted of $26,463,687 of Cash, no Inventory and $1,094,018 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
$26.46M
Current assets
$29.85M
Total assets
$30.17M

The latest balance sheet of Archer Materials Limited also showed $66,970 of Property Plant Equipment and no Good will. Also there were $248,340 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $30,165,534.

Archer Materials Limited Balance Sheet Statement - Liabilities

AXE's latest annual results shows the balance sheet has $104,894 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $243,865 of Other Current liabilities and $695,814 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
$104.89k
Current liabilities
$695.81k
Total liabilities
$746.23k

As per the 30 Jun 2022's annual report of Archer Materials Limited, the total liabilities were $746,233.

AXE 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 Archer Materials Limited showed the total stock holder equity was $29,419,301 which consisted of $47,723,569 of Common stocks, $-29,197,602 of Retained earnings and $10,893,334 of Other stock holder equity.

AXE Balance Sheet Statement History

Following table shows the history of balance sheet for Archer Materials Limited (AXE).

30 Jun 2022 30 Jun 2021 30 Jun 2020 30 Jun 2019
Cash 26.46M 6.24M 8.11M 695.75k
Net Receivables 1.09M 497.74k 316.4k 146.04k
Inventory - - - -
Total Current Assets 29.85M 19.47M 10.04M 3.75M
Property Plant Equipment 66.97k 85.68k 15.13M 14.56M
Good Will - - - -
Intangible Assets 248.34k 140.21k 89.99k 68.62k
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 30.17M 19.69M 25.26M 18.38M
Accounts Payable 104.89k 84.02k 124.48k 170.25k
Short/Long Term Debt - - - -
Other Current Liabilities 243.87k 251.34k 333.77k 313.39k
Long Term Debt - - - -
Other Liabilities 41.32k 71.23k 41.97k 22.48k
Total Current Liabilities 695.81k 641.73k 675.89k 609.48k
Total Liabilities 746.23k 732.71k 717.86k 631.96k
Common Stock 47.72M 33.09M 32.49M 23.87M
Retained Earnings -29.2M -15.52M -9.18M -6.39M
Treasury Stock 10.89M 1.39M 1.24M 264.7k
Other Stockholder Equity 10.89M 1.39M 1.24M 264.7k
Total Stockholder Equity 29.42M 18.96M 24.54M 17.75M
Net Tangible Assets 29.17M 18.82M 24.45M 17.68M

Archer Materials Limited (ASX:AXE) Balance Sheet Statement FAQ

1. How much Cash Archer Materials Limited has on their balance sheet?

As of 30 Jun 2022, Archer Materials Limited (ASX:AXE) has $26,463,687 of Cash.

2. What's the long term debt of Archer Materials Limited?

As per the latest Balance sheet of Archer Materials Limited (ASX:AXE), it has no Long term debt.

3. How much share holder equity does Archer Materials Limited has?

The Archer Materials Limited (ASX:AXE)'s balance sheet shows that it has $29,419,301 of Total stock holder equity.