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.
Arizona Lithium Limited Balance Sheet Statement - Assets
As of 30 Jun 2022, The total current assets of Arizona Lithium Limited (ASX:AZL) was around $43,372,710 which consisted of $42,983,007 of Cash, no Inventory and $234,709 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 Arizona Lithium Limited also showed $119,035 of Property Plant Equipment and no Good will. Also there were no Intangible assets and $633,228 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $44,124,973.
Arizona Lithium Limited Balance Sheet Statement - Liabilities
AZL's latest annual results shows the balance sheet has $295,848 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $943,689 of Other Current liabilities and $1,252,620 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 2022's annual report of Arizona Lithium Limited, the total liabilities were $1,308,824.
AZL 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 Arizona Lithium Limited showed the total stock holder equity was $42,816,149 which consisted of $113,594,860 of Common stocks, $-84,318,445 of Retained earnings and $13,539,734 of Other stock holder equity.
AZL Balance Sheet Statement History
Following table shows the history of balance sheet for Arizona Lithium Limited (AZL).
|30 Jun 2022||30 Jun 2021||30 Jun 2020||30 Jun 2019|
|Total Current Assets||43.37M||5.02M||256.04k||2.07M|
|Property Plant Equipment||119.03k||-||-||-|
|Deferred Long Term Asset Charges||-||-||-||-|
|Short/Long Term Debt||-||-||-||-|
|Other Current Liabilities||943.69k||148.28k||152.27k||59.16k|
|Long Term Debt||-||-||-||-|
|Total Current Liabilities||1.25M||512.13k||414.27k||172.75k|
|Other Stockholder Equity||13.54M||4.56M||4.2M||7.64M|
|Total Stockholder Equity||42.82M||4.87M||198.54k||2.28M|
|Net Tangible Assets||42.82M||4.87M||198.54k||2.28M|
Arizona Lithium Limited (ASX:AZL) Balance Sheet Statement FAQ
1. How much Cash Arizona Lithium Limited has on their balance sheet?
As of 30 Jun 2022, Arizona Lithium Limited (ASX:AZL) has $42,983,007 of Cash.
2. What's the long term debt of Arizona Lithium Limited?
As per the latest Balance sheet of Arizona Lithium Limited (ASX:AZL), it has no Long term debt.
3. How much share holder equity does Arizona Lithium Limited has?
The Arizona Lithium Limited (ASX:AZL)'s balance sheet shows that it has $42,816,149 of Total stock holder equity.