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.

Emu NL Balance Sheet Statement - Assets

As of 30 Jun 2024, The total current assets of Emu NL (ASX:EMU) was around $201,963 which consisted of $158,166 of Cash, no Inventory and $43,797 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
$158,166
Current assets
$201,963
Total assets
$201,963

The latest balance sheet of Emu NL also showed no 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 $201,963.

Emu NL Balance Sheet Statement - Liabilities

EMU's latest annual results shows the balance sheet has $95,625 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $235,656 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
$95,625
Current liabilities
$235,656
Total liabilities
$235,656

As per the 30 Jun 2024's annual report of Emu NL, the total liabilities were $235,656.

EMU 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 Emu NL showed the total stock holder equity was $-33,693 which consisted of $34,570,938 of Common stocks, $-34,747,248 of Retained earnings and no Other stock holder equity.

EMU Balance Sheet Statement History

Following table shows the history of balance sheet for Emu NL (EMU).

30 Jun 2024 30 Jun 2023 30 Jun 2022 30 Jun 2021
Cash 158,166 1,149,742 784,956 1,754,942
Net Receivables 43,797 53,446 91,306 23,163
Inventory - - - -
Total Current Assets 201,963 1,203,188 876,262 1,778,105
Property Plant Equipment - 7,452 19,690 46,493
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 201,963 1,210,640 895,952 1,831,848
Accounts Payable 95,625 112,442 97,026 72,041
Short/Long Term Debt - - - -
Other Current Liabilities - - - -
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 235,656 213,709 261,665 220,549
Total Liabilities 235,656 213,709 261,665 220,549
Common Stock 34,570,938 33,606,226 31,233,579 29,019,152
Retained Earnings -34,747,248 -32,712,895 -30,725,292 -27,489,653
Treasury Stock - - - -
Other Stockholder Equity - - - -
Total Stockholder Equity -33,693 996,931 634,287 1,611,299
Net Tangible Assets -33,693 996,931 634,287 1,611,299

Emu NL (ASX:EMU) Balance Sheet Statement FAQ

1. How much Cash Emu NL has on their balance sheet?

As of 30 Jun 2024, Emu NL (ASX:EMU) has $158,166 of Cash.

2. What's the long term debt of Emu NL?

As per the latest Balance sheet of Emu NL (ASX:EMU), it has no Long term debt.

3. How much share holder equity does Emu NL has?

The Emu NL (ASX:EMU)'s balance sheet shows that it has $-33,693 of Total stock holder equity.