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.
Black Rock Mining Limited Balance Sheet Statement - Assets
As of 30 Jun 2024, The total current assets of Black Rock Mining Limited (ASX:BKT) was around $9,564,493 which consisted of $8,901,800 of Cash, no Inventory and $366,852 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 Black Rock Mining Limited also showed $53,541,914 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 $63,106,407.
Black Rock Mining Limited Balance Sheet Statement - Liabilities
BKT's latest annual results shows the balance sheet has $1,363,802 of Accounts Payable. Also there were $477,939 of Short/Long term debt, no Long term debt, no Other Current liabilities and $3,233,533 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 2024's annual report of Black Rock Mining Limited, the total liabilities were $3,587,388.
BKT 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 Black Rock Mining Limited showed the total stock holder equity was $60,334,184 which consisted of $122,901,779 of Common stocks, $-66,661,509 of Retained earnings and no Other stock holder equity.
BKT Balance Sheet Statement History
Following table shows the history of balance sheet for Black Rock Mining Limited (BKT).
| 30 Jun 2024 | 30 Jun 2023 | 30 Jun 2022 | 30 Jun 2021 | |
|---|---|---|---|---|
| Cash | 8,901,800 | 11,459,227 | 26,093,637 | 11,298,422 |
| Net Receivables | 366,852 | 1,008,288 | 539,837 | 145,003 |
| Inventory | - | - | - | - |
| Total Current Assets | 9,564,493 | 13,259,431 | 27,089,273 | 11,443,425 |
| Property Plant Equipment | 53,541,914 | 48,058,814 | 30,344,093 | 22,188,216 |
| Good Will | - | - | - | - |
| Intangible Assets | - | - | - | - |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 63,106,407 | 61,318,245 | 57,433,366 | 33,631,641 |
| Accounts Payable | 1,363,802 | 1,441,399 | 1,182,351 | 143,193 |
| Short/Long Term Debt | 477,939 | 686,346 | 536,704 | - |
| Other Current Liabilities | - | - | - | - |
| Long Term Debt | - | - | - | - |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 3,233,533 | 3,293,739 | 1,808,421 | 468,593 |
| Total Liabilities | 3,587,388 | 3,823,792 | 2,414,864 | 468,593 |
| Common Stock | 122,901,779 | 111,535,841 | 100,907,652 | 74,940,347 |
| Retained Earnings | -66,661,509 | -57,209,111 | -48,555,281 | -42,778,521 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 60,334,184 | 57,793,797 | 55,018,502 | 33,163,048 |
| Net Tangible Assets | 60,334,184 | 57,793,797 | 55,018,502 | 33,163,048 |
Black Rock Mining Limited (ASX:BKT) Balance Sheet Statement FAQ
1. How much Cash Black Rock Mining Limited has on their balance sheet?
As of 30 Jun 2024, Black Rock Mining Limited (ASX:BKT) has $8,901,800 of Cash.
2. What's the long term debt of Black Rock Mining Limited?
As per the latest Balance sheet of Black Rock Mining Limited (ASX:BKT), it has no Long term debt.
3. How much share holder equity does Black Rock Mining Limited has?
The Black Rock Mining Limited (ASX:BKT)'s balance sheet shows that it has $60,334,184 of Total stock holder equity.