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.
Alta Zinc Limited Balance Sheet Statement - Assets
As of 30 Jun 2020, The total current assets of Alta Zinc Limited (ASX:AZI) was around $2,616,553 which consisted of $2,261,264 of Cash, no Inventory and $292,882 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 Alta Zinc Limited also showed $676,842 of Property Plant Equipment and no Good will. Also there were no Intangible assets and $78,443 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $3,371,838.
Alta Zinc Limited Balance Sheet Statement - Liabilities
AZI's latest annual results shows the balance sheet has $339,930 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $2,434,107 of Other Current liabilities and $3,127,062 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 Alta Zinc Limited, the total liabilities were $3,165,055.
AZI 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 Alta Zinc Limited showed the total stock holder equity was $206,783 which consisted of $41,794,229 of Common stocks, $-41,946,341 of Retained earnings and $358,895 of Other stock holder equity.
AZI Balance Sheet Statement History
Following table shows the history of balance sheet for Alta Zinc Limited (AZI).
|30 Jun 2020||30 Jun 2019||30 Jun 2018||30 Jun 2017|
|Total Current Assets||2.62M||2.35M||2.97M||991.33k|
|Property Plant Equipment||676.84k||585.88k||601.38k||650.45k|
|Deferred Long Term Asset Charges||-||-||-||-|
|Short/Long Term Debt||-||-||-||63.45k|
|Other Current Liabilities||2.43M||229.7k||223.44k||200.6k|
|Long Term Debt||-||-||-||-|
|Total Current Liabilities||3.13M||678.01k||690.44k||1.39M|
|Other Stockholder Equity||358.89k||1.11M||1.08M||989.76k|
|Total Stockholder Equity||206.78k||2.28M||3.75M||1.41M|
|Net Tangible Assets||206.78k||2.28M||3.75M||1.41M|
Alta Zinc Limited (ASX:AZI) Balance Sheet Statement FAQ
1. How much Cash Alta Zinc Limited has on their balance sheet?
As of 30 Jun 2020, Alta Zinc Limited (ASX:AZI) has $2,261,264 of Cash.
2. What's the long term debt of Alta Zinc Limited?
As per the latest Balance sheet of Alta Zinc Limited (ASX:AZI), it has no Long term debt.
3. How much share holder equity does Alta Zinc Limited has?
The Alta Zinc Limited (ASX:AZI)'s balance sheet shows that it has $206,783 of Total stock holder equity.