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 Graphene Limited Balance Sheet Statement - Assets
As of 30 Jun 2024, The total current assets of First Graphene Limited (ASX:FGR) was around $4,765,124 which consisted of $3,160,135 of Cash, $1,414,695 of Inventory and $63,453 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 First Graphene Limited also showed $2,422,684 of Property Plant Equipment and no Good will. Also there were $78,288 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $9,636,043.
First Graphene Limited Balance Sheet Statement - Liabilities
FGR's latest annual results shows the balance sheet has $122,698 of Accounts Payable. Also there were $3,044,798 of Short/Long term debt, no Long term debt, no Other Current liabilities and $3,209,615 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 First Graphene Limited, the total liabilities were $3,532,190.
FGR 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 Graphene Limited showed the total stock holder equity was $5,996,674 which consisted of $111,406,042 of Common stocks, $-111,560,425 of Retained earnings and no Other stock holder equity.
FGR Balance Sheet Statement History
Following table shows the history of balance sheet for First Graphene Limited (FGR).
| 30 Jun 2024 | 30 Jun 2023 | 30 Jun 2022 | |
|---|---|---|---|
| Cash | 3,160,135 | 3,225,954 | 7,004,724 |
| Net Receivables | 63,453 | 346,495 | 167,744 |
| Inventory | 1,414,695 | 1,759,014 | 1,821,713 |
| Total Current Assets | 4,765,124 | 6,057,529 | 9,219,982 |
| Property Plant Equipment | 2,422,684 | 3,058,677 | 3,016,833 |
| Good Will | - | - | - |
| Intangible Assets | 78,288 | 151,701 | 118,155 |
| Other Assets | - | - | - |
| Deferred Long Term Asset Charges | - | - | - |
| Total Assets | 9,636,043 | 11,712,388 | 15,418,752 |
| Accounts Payable | 122,698 | 261,622 | 411,492 |
| Short/Long Term Debt | 3,044,798 | 4,152,656 | 6,313,740 |
| Other Current Liabilities | - | - | - |
| Long Term Debt | - | - | - |
| Other Liabilities | - | - | - |
| Total Current Liabilities | 3,209,615 | 4,864,608 | 7,038,631 |
| Total Liabilities | 3,532,190 | 4,864,608 | 7,038,631 |
| Common Stock | 111,406,042 | 106,378,131 | 102,845,907 |
| Retained Earnings | -111,560,425 | -105,811,649 | -100,389,940 |
| Treasury Stock | - | - | - |
| Other Stockholder Equity | - | - | - |
| Total Stockholder Equity | 5,996,674 | 6,739,219 | 8,077,804 |
| Net Tangible Assets | 5,918,386 | 6,587,518 | 7,959,649 |
First Graphene Limited (ASX:FGR) Balance Sheet Statement FAQ
1. How much Cash First Graphene Limited has on their balance sheet?
As of 30 Jun 2024, First Graphene Limited (ASX:FGR) has $3,160,135 of Cash.
2. What's the long term debt of First Graphene Limited?
As per the latest Balance sheet of First Graphene Limited (ASX:FGR), it has no Long term debt.
3. How much share holder equity does First Graphene Limited has?
The First Graphene Limited (ASX:FGR)'s balance sheet shows that it has $5,996,674 of Total stock holder equity.