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.

First Au Limited Balance Sheet Statement - Assets

As of 31 Dec 2024, The total current assets of First Au Limited (ASX:FAU) was around $523,351 which consisted of $469,845 of Cash, no Inventory and $53,506 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
$469,845
Current assets
$523,351
Total assets
$2,352,981

The latest balance sheet of First Au Limited also showed $1,829,630 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 $2,352,981.

First Au Limited Balance Sheet Statement - Liabilities

FAU's latest annual results shows the balance sheet has $149,806 of Accounts Payable. Also there were $9,150 of Short/Long term debt, no Long term debt, no Other Current liabilities and $158,956 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
$149,806
Current liabilities
$158,956
Total liabilities
$158,956

As per the 31 Dec 2024's annual report of First Au Limited, the total liabilities were $158,956.

FAU 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 First Au Limited showed the total stock holder equity was $2,194,025 which consisted of $20,712,889 of Common stocks, $-18,518,864 of Retained earnings and no Other stock holder equity.

FAU Balance Sheet Statement History

Following table shows the history of balance sheet for First Au Limited (FAU).

31 Dec 2024 31 Dec 2023 31 Dec 2022 31 Dec 2021
Cash 469,845 607,365 97,242 2,531,155
Net Receivables 53,506 66,672 106,184 178,115
Inventory - - - -
Total Current Assets 523,351 804,614 403,426 3,117,973
Property Plant Equipment 1,829,630 1,974,339 2,418,219 2,364,302
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 2,352,981 2,778,953 2,821,645 5,482,275
Accounts Payable 149,806 182,215 161,767 270,149
Short/Long Term Debt 9,150 13,853 32,919 -
Other Current Liabilities - - - -
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 158,956 211,806 204,626 270,149
Total Liabilities 158,956 211,806 204,626 270,149
Common Stock 20,712,889 20,107,404 18,379,472 16,864,972
Retained Earnings -18,518,864 -17,633,634 -18,385,918 -14,715,143
Treasury Stock - - - -
Other Stockholder Equity - - - -
Total Stockholder Equity 2,194,025 2,567,147 2,617,019 5,212,126
Net Tangible Assets 2,194,025 2,567,147 2,617,019 5,212,126

First Au Limited (ASX:FAU) Balance Sheet Statement FAQ

1. How much Cash First Au Limited has on their balance sheet?

As of 31 Dec 2024, First Au Limited (ASX:FAU) has $469,845 of Cash.

2. What's the long term debt of First Au Limited?

As per the latest Balance sheet of First Au Limited (ASX:FAU), it has no Long term debt.

3. How much share holder equity does First Au Limited has?

The First Au Limited (ASX:FAU)'s balance sheet shows that it has $2,194,025 of Total stock holder equity.