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.
Infinity Mining Limited Balance Sheet Statement - Assets
As of 31 Mar 2025, The total current assets of Infinity Mining Limited (ASX:IMI) was around $687,525 which consisted of $599,429 of Cash, no Inventory and $49,747 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 Infinity Mining Limited also showed $5,551,505 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 $6,239,030.
Infinity Mining Limited Balance Sheet Statement - Liabilities
IMI's latest annual results shows the balance sheet has $63,870 of Accounts Payable. Also there were $225,070 of Short/Long term debt, $225,070 of Long term debt, no Other Current liabilities and $181,438 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 31 Mar 2025's annual report of Infinity Mining Limited, the total liabilities were $406,508.
IMI 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 Infinity Mining Limited showed the total stock holder equity was $5,832,522 which consisted of $26,800,266 of Common stocks, $-21,092,744 of Retained earnings and no Other stock holder equity.
IMI Balance Sheet Statement History
Following table shows the history of balance sheet for Infinity Mining Limited (IMI).
| 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 | |
|---|---|---|---|---|
| Cash | 599,429 | 250,787 | 3,323,785 | 8,235,792 |
| Net Receivables | 49,747 | 85,198 | 213,922 | 79,096 |
| Inventory | - | - | - | - |
| Total Current Assets | 687,525 | 337,213 | 3,586,363 | 8,314,888 |
| Property Plant Equipment | 5,551,505 | 8,136,707 | 12,824,645 | 9,245,165 |
| Good Will | - | - | - | - |
| Intangible Assets | - | - | - | - |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 6,239,030 | 8,473,920 | 16,411,008 | 17,655,530 |
| Accounts Payable | 63,870 | 172,419 | 281,728 | 140,029 |
| Short/Long Term Debt | 225,070 | - | - | 47,282 |
| Other Current Liabilities | - | - | - | - |
| Long Term Debt | 225,070 | - | - | 47,282 |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 181,438 | 281,984 | 371,637 | 140,029 |
| Total Liabilities | 406,508 | 604,584 | 371,637 | 187,311 |
| Common Stock | 26,800,266 | 20,945,560 | 20,351,470 | 19,615,908 |
| Retained Earnings | -21,092,744 | -13,302,865 | -4,574,607 | -2,837,689 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 5,832,522 | 7,869,336 | 16,039,371 | 17,468,219 |
| Net Tangible Assets | 5,832,522 | 7,869,336 | 16,039,371 | 17,468,219 |
Infinity Mining Limited (ASX:IMI) Balance Sheet Statement FAQ
1. How much Cash Infinity Mining Limited has on their balance sheet?
As of 31 Mar 2025, Infinity Mining Limited (ASX:IMI) has $599,429 of Cash.
2. What's the long term debt of Infinity Mining Limited?
As per the latest Balance sheet of Infinity Mining Limited (ASX:IMI), it has $225,070 of Long term debt.
3. How much share holder equity does Infinity Mining Limited has?
The Infinity Mining Limited (ASX:IMI)'s balance sheet shows that it has $5,832,522 of Total stock holder equity.