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

Cash
$42.98M
Current assets
$43.37M
Total assets
$44.12M

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.

Account payable
$295.85k
Current liabilities
$1.25M
Total liabilities
$1.31M

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
Cash 42.98M 4.95M 230.75k 2.02M
Net Receivables 234.71k 52.06k 10.86k 33.31k
Inventory - - - -
Total Current Assets 43.37M 5.02M 256.04k 2.07M
Property Plant Equipment 119.03k - - -
Good Will - - - -
Intangible Assets - - - -
Other Assets 633.23k 363.41k 336.77k 363.76k
Deferred Long Term Asset Charges - - - -
Total Assets 44.12M 5.38M 612.81k 2.45M
Accounts Payable 295.85k 363.85k 262k 113.59k
Short/Long Term Debt - - - -
Other Current Liabilities 943.69k 148.28k 152.27k 59.16k
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 1.25M 512.13k 414.27k 172.75k
Total Liabilities 1.31M 512.13k 414.27k 172.75k
Common Stock 113.59M 79.62M 71.84M 67M
Retained Earnings -84.32M -79.3M -75.85M -72.36M
Treasury Stock 13.54M 4.56M 4.2M 7.64M
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.