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.
Bass Oil Limited Balance Sheet Statement - Assets
As of 31 Dec 2025, The total current assets of Bass Oil Limited (ASX:BAS) was around $3,185,797 which consisted of $921,884 of Cash, $720,304 of Inventory and $1,307,944 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 Bass Oil Limited also showed $10,222,389 of Property Plant Equipment and no Good will. Also there were no Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $17,576,686.
Bass Oil Limited Balance Sheet Statement - Liabilities
BAS's latest annual results shows the balance sheet has $726,919 of Accounts Payable. Also there were $158,957 of Short/Long term debt, no Long term debt, no Other Current liabilities and $1,759,221 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 31 Dec 2025's annual report of Bass Oil Limited, the total liabilities were $6,358,645.
BAS 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 Bass Oil Limited showed the total stock holder equity was $11,218,041 which consisted of $45,882,178 of Common stocks, $-36,924,748 of Retained earnings and no Other stock holder equity.
BAS Balance Sheet Statement History
Following table shows the history of balance sheet for Bass Oil Limited (BAS).
| 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | |
|---|---|---|---|---|---|
| Cash | 921,884 | 990,970.706 | 1,373,709.98 | 2,176,687.152 | - |
| Net Receivables | 1,307,944 | 1,264,454.396 | 1,984,429.753 | 2,251,241.039 | - |
| Inventory | 720,304 | 436,327.579 | 668,548.838 | 361,109.87 | - |
| Total Current Assets | 3,185,797 | 3,516,097.106 | 4,674,587.212 | 5,255,054.609 | - |
| Property Plant Equipment | 10,222,389 | 10,597,983.461 | 8,333,985.854 | 8,989,071.164 | - |
| Good Will | - | - | - | - | - |
| Intangible Assets | - | - | - | - | - |
| Other Assets | - | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - | - |
| Total Assets | 17,576,686 | 18,286,704.168 | 16,748,328.26 | 16,552,910.553 | - |
| Accounts Payable | 726,919 | 1,281,894.891 | 751,289.064 | 681,647.927 | - |
| Short/Long Term Debt | 158,957 | 134,447 | 229,748.668 | 92,444.527 | - |
| Other Current Liabilities | - | - | - | - | - |
| Long Term Debt | - | - | - | - | - |
| Other Liabilities | - | - | - | - | - |
| Total Current Liabilities | 1,759,221 | 2,695,467.531 | 2,611,101.36 | 2,419,497.721 | - |
| Total Liabilities | 6,358,645 | 7,040,659.566 | 6,709,775.733 | 7,001,888.677 | - |
| Common Stock | 45,882,178 | 52,377,367.552 | 46,394,673.462 | 46,447,741.806 | - |
| Retained Earnings | -36,924,748 | -45,547,499.167 | -41,301,560.525 | -41,820,354.517 | - |
| Treasury Stock | - | - | - | - | - |
| Other Stockholder Equity | - | - | - | - | - |
| Total Stockholder Equity | 11,218,041 | 11,246,044.602 | 9,992,713.758 | 9,551,021.876 | - |
| Net Tangible Assets | 11,218,041 | 11,246,044.602 | 9,992,713.758 | 9,551,021.876 | - |
Bass Oil Limited (ASX:BAS) Balance Sheet Statement FAQ
1. How much Cash Bass Oil Limited has on their balance sheet?
As of 31 Dec 2025, Bass Oil Limited (ASX:BAS) has $921,884 of Cash.
2. What's the long term debt of Bass Oil Limited?
As per the latest Balance sheet of Bass Oil Limited (ASX:BAS), it has no Long term debt.
3. How much share holder equity does Bass Oil Limited has?
The Bass Oil Limited (ASX:BAS)'s balance sheet shows that it has $11,218,041 of Total stock holder equity.