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 2020, The total current assets of Archer Materials Limited (ASX:AXE) was around $10,039,931 which consisted of $8,114,682 of Cash, no Inventory and $324,731 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
$8.11M
Current assets
$10.04M
Total assets
$25.26M

The latest balance sheet of Archer Materials Limited also showed $15,128,637 of Property Plant Equipment and no Good will. Also there were $89,987 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $25,258,555.

Archer Materials Limited Balance Sheet Statement - Liabilities

AXE's latest annual results shows the balance sheet has $124,484 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $333,774 of Other Current liabilities and $675,887 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
$124.48k
Current liabilities
$675.89k
Total liabilities
$717.86k

As per the 30 Jun 2020's annual report of Archer Materials Limited, the total liabilities were $717,857.

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 $24,540,698 which consisted of $32,485,250 of Common stocks, $-9,181,552 of Retained earnings and $1,237,000 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 202030 Jun 201930 Jun 201830 Jun 2017
Cash8.11M695.75k2.75M1.53M
Net Receivables324.73k146.04k99.51k204.41k
Inventory--76.8k-
Total Current Assets10.04M3.75M6.6M1.74M
Property Plant Equipment15.13M14.56M12.89M15.38M
Good Will----
Intangible Assets89.99k68.62k52.4k-
Other Assets----
Deferred Long Term Asset Charges----
Total Assets25.26M18.38M19.54M17.13M
Accounts Payable124.48k170.25k93.29k145.2k
Short/Long Term Debt----
Other Current Liabilities333.77k313.39k274.32k160.38k
Long Term Debt----
Other Liabilities41.97k22.48k11.45k5.3k
Total Current Liabilities675.89k609.48k511.45k391.2k
Total Liabilities717.86k631.96k522.9k396.5k
Common Stock32.49M23.87M23.25M19.52M
Retained Earnings-9.18M-6.39M-4.74M-2.89M
Treasury Stock1.24M264.7k503.63k102.59k
Other Stockholder Equity1.24M264.7k503.63k102.59k
Total Stockholder Equity24.54M17.75M19.01M16.73M
Net Tangible Assets24.45M17.68M18.96M16.73M

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 2020, Archer Materials Limited (ASX:AXE) has $8,114,682 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 $24,540,698 of Total stock holder equity.