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.

Metal Bank Limited Balance Sheet Statement - Assets

As of 30 Jun 2024, The total current assets of Metal Bank Limited (ASX:MBK) was around $854,068 which consisted of $793,410 of Cash, no Inventory and $59,408 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
$793,410
Current assets
$854,068
Total assets
$16,273,171

The latest balance sheet of Metal Bank Limited also showed $15,419,103 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 $16,273,171.

Metal Bank Limited Balance Sheet Statement - Liabilities

MBK's latest annual results shows the balance sheet has $283,575 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $630,158 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
$283,575
Current liabilities
$630,158
Total liabilities
$630,158

As per the 30 Jun 2024's annual report of Metal Bank Limited, the total liabilities were $630,158.

MBK 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 Metal Bank Limited showed the total stock holder equity was $15,643,013 which consisted of $38,171,743 of Common stocks, $-23,006,733 of Retained earnings and no Other stock holder equity.

MBK Balance Sheet Statement History

Following table shows the history of balance sheet for Metal Bank Limited (MBK).

30 Jun 2024 30 Jun 2023 30 Jun 2022 30 Jun 2021
Cash 793,410 766,335 5,689,880 1,000,615
Net Receivables 59,408 31,804 135,700 133,738
Inventory - - - -
Total Current Assets 854,068 799,389 5,826,830 1,135,603
Property Plant Equipment 15,419,103 13,599,768 10,805,513 3,832,627
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 16,273,171 14,399,157 22,632,343 10,968,230
Accounts Payable 283,575 87,679 627,671 96,236
Short/Long Term Debt - - - -
Other Current Liabilities - - 1,500,000 -
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 630,158 398,327 2,289,935 166,234
Total Liabilities 630,158 398,327 2,289,935 166,234
Common Stock 38,171,743 34,263,455 33,715,336 22,879,168
Retained Earnings -23,006,733 -20,783,045 -13,970,422 -12,131,352
Treasury Stock - - - -
Other Stockholder Equity - - - -
Total Stockholder Equity 15,643,013 14,000,830 20,342,408 10,801,996
Net Tangible Assets 15,643,013 14,000,830 20,342,408 10,801,996

Metal Bank Limited (ASX:MBK) Balance Sheet Statement FAQ

1. How much Cash Metal Bank Limited has on their balance sheet?

As of 30 Jun 2024, Metal Bank Limited (ASX:MBK) has $793,410 of Cash.

2. What's the long term debt of Metal Bank Limited?

As per the latest Balance sheet of Metal Bank Limited (ASX:MBK), it has no Long term debt.

3. How much share holder equity does Metal Bank Limited has?

The Metal Bank Limited (ASX:MBK)'s balance sheet shows that it has $15,643,013 of Total stock holder equity.