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.

Larvotto Resources Limited Balance Sheet Statement - Assets

As of 31 Dec 2024, The total current assets of Larvotto Resources Limited (ASX:LRV) was around $28,674,656 which consisted of $27,971,610 of Cash, $182,897 of Inventory and $437,356 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
$27,971,610
Current assets
$28,674,656
Total assets
$44,405,678

The latest balance sheet of Larvotto Resources Limited also showed $10,680,522 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 $44,405,678.

Larvotto Resources Limited Balance Sheet Statement - Liabilities

LRV's latest annual results shows the balance sheet has $515,595 of Accounts Payable. Also there were $6,527,237 of Short/Long term debt, $6,459,354 of Long term debt, no Other Current liabilities and $1,594,898 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
$515,595
Current liabilities
$1,594,898
Total liabilities
$13,119,329

As per the 31 Dec 2024's annual report of Larvotto Resources Limited, the total liabilities were $13,119,329.

LRV 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 Larvotto Resources Limited showed the total stock holder equity was $31,286,349 which consisted of $52,619,344 of Common stocks, $-22,090,331 of Retained earnings and no Other stock holder equity.

LRV Balance Sheet Statement History

Following table shows the history of balance sheet for Larvotto Resources Limited (LRV).

31 Dec 2024 31 Dec 2023 31 Dec 2022
Cash 27,971,610 2,430,481 6,464,140
Net Receivables 437,356 212,811 97,072
Inventory 182,897 - -
Total Current Assets 28,674,656 2,643,292 6,561,212
Property Plant Equipment 10,680,522 9,517,478 1,302,361
Good Will - - -
Intangible Assets - - -
Other Assets - - -
Deferred Long Term Asset Charges - - -
Total Assets 44,405,678 17,170,541 7,934,344
Accounts Payable 515,595 248,952 90,841
Short/Long Term Debt 6,527,237 - -
Other Current Liabilities - - -
Long Term Debt 6,459,354 - -
Other Liabilities - - -
Total Current Liabilities 1,594,898 954,949 106,905
Total Liabilities 13,119,329 5,845,636 106,905
Common Stock 52,619,344 20,626,030 11,040,691
Retained Earnings -22,090,331 -9,854,585 -3,432,608
Treasury Stock - - -
Other Stockholder Equity - - -
Total Stockholder Equity 31,286,349 11,324,905 7,827,439
Net Tangible Assets 31,286,349 11,324,905 7,827,439

Larvotto Resources Limited (ASX:LRV) Balance Sheet Statement FAQ

1. How much Cash Larvotto Resources Limited has on their balance sheet?

As of 31 Dec 2024, Larvotto Resources Limited (ASX:LRV) has $27,971,610 of Cash.

2. What's the long term debt of Larvotto Resources Limited?

As per the latest Balance sheet of Larvotto Resources Limited (ASX:LRV), it has $6,459,354 of Long term debt.

3. How much share holder equity does Larvotto Resources Limited has?

The Larvotto Resources Limited (ASX:LRV)'s balance sheet shows that it has $31,286,349 of Total stock holder equity.