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.
Element 25 Limited Balance Sheet Statement - Assets
As of 30 Jun 2024, The total current assets of Element 25 Limited (ASX:E25) was around $20,369,742 which consisted of $11,326,929 of Cash, $7,945,620 of Inventory and $616,435 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 Element 25 Limited also showed $44,290,711 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 $65,189,013.
Element 25 Limited Balance Sheet Statement - Liabilities
E25's latest annual results shows the balance sheet has $4,488,497 of Accounts Payable. Also there were $180,023 of Short/Long term debt, no Long term debt, no Other Current liabilities and $6,374,551 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 Element 25 Limited, the total liabilities were $8,057,551.
E25 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 Element 25 Limited showed the total stock holder equity was $57,131,462 which consisted of $134,533,276 of Common stocks, $-84,693,418 of Retained earnings and no Other stock holder equity.
E25 Balance Sheet Statement History
Following table shows the history of balance sheet for Element 25 Limited (E25).
| 30 Jun 2024 | 30 Jun 2023 | 30 Jun 2022 | 30 Jun 2021 | |
|---|---|---|---|---|
| Cash | 11,326,929 | 28,885,874 | 14,927,576 | 34,822,585 |
| Net Receivables | 616,435 | 348,461 | 6,548,369 | 563,683 |
| Inventory | 7,945,620 | 12,135,790 | 7,030,335 | 5,438,698 |
| Total Current Assets | 20,369,742 | 42,648,655 | 30,900,079 | 44,378,719 |
| Property Plant Equipment | 44,290,711 | 24,885,689 | 23,059,399 | 23,809,095 |
| Good Will | - | - | - | - |
| Intangible Assets | - | - | - | - |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 65,189,013 | 68,062,904 | 54,588,013 | 68,971,029 |
| Accounts Payable | 4,488,497 | 5,765,866 | 4,794,097 | 755,569 |
| Short/Long Term Debt | 180,023 | 547,286 | 890,251 | 1,157,813 |
| Other Current Liabilities | - | - | - | - |
| Long Term Debt | - | - | - | - |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 6,374,551 | 10,398,908 | 8,205,717 | 5,714,635 |
| Total Liabilities | 8,057,551 | 12,636,248 | 8,753,001 | 6,496,072 |
| Common Stock | 134,533,276 | 111,448,309 | 77,691,579 | 76,788,557 |
| Retained Earnings | -84,693,418 | -63,178,467 | -37,694,671 | -20,147,902 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 57,131,462 | 55,423,489 | 45,798,692 | 62,474,957 |
| Net Tangible Assets | 57,131,462 | 55,423,489 | 45,798,692 | 62,474,957 |
Element 25 Limited (ASX:E25) Balance Sheet Statement FAQ
1. How much Cash Element 25 Limited has on their balance sheet?
As of 30 Jun 2024, Element 25 Limited (ASX:E25) has $11,326,929 of Cash.
2. What's the long term debt of Element 25 Limited?
As per the latest Balance sheet of Element 25 Limited (ASX:E25), it has no Long term debt.
3. How much share holder equity does Element 25 Limited has?
The Element 25 Limited (ASX:E25)'s balance sheet shows that it has $57,131,462 of Total stock holder equity.