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.
Magnum Mining and Exploration Limited Balance Sheet Statement - Assets
As of 31 Dec 2025, The total current assets of Magnum Mining and Exploration Limited (ASX:MGU) was around $6,060,931 which consisted of $5,862,821 of Cash, no Inventory and $105,464 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 Magnum Mining and Exploration Limited also showed $6,267,865 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 $12,328,796.
Magnum Mining and Exploration Limited Balance Sheet Statement - Liabilities
MGU's latest annual results shows the balance sheet has $62,890 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $382,334 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 Dec 2025's annual report of Magnum Mining and Exploration Limited, the total liabilities were $1,105,029.
MGU 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 Magnum Mining and Exploration Limited showed the total stock holder equity was $11,223,767 which consisted of $50,525,324 of Common stocks, $-40,448,197 of Retained earnings and no Other stock holder equity.
MGU Balance Sheet Statement History
Following table shows the history of balance sheet for Magnum Mining and Exploration Limited (MGU).
| 31 Dec 2025 | 31 Dec 2024 | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | |
|---|---|---|---|---|---|
| Cash | 5,862,821 | 356,836 | 2,636,909 | 5,005,720 | - |
| Net Receivables | 105,464 | 108,795 | 139,989 | 104,765 | - |
| Inventory | - | - | - | - | - |
| Total Current Assets | 6,060,931 | 524,839 | 2,913,760 | 5,279,167 | - |
| Property Plant Equipment | 6,267,865 | 10,224,944 | 9,637,236 | 7,293,497 | - |
| Good Will | - | - | - | - | - |
| Intangible Assets | - | - | - | - | - |
| Other Assets | - | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - | - |
| Total Assets | 12,328,796 | 10,749,783 | 12,550,995 | 12,572,664 | - |
| Accounts Payable | 62,890 | 378,416 | 65,320 | 75,630 | - |
| Short/Long Term Debt | - | - | 287,051 | 751,531 | - |
| Other Current Liabilities | - | - | - | - | - |
| Long Term Debt | - | - | - | - | - |
| Other Liabilities | - | - | - | - | - |
| Total Current Liabilities | 382,334 | 378,416 | 352,371 | 1,253,165 | - |
| Total Liabilities | 1,105,029 | 910,003 | 868,976 | 1,253,165 | - |
| Common Stock | 50,525,324 | 40,374,779 | 40,374,778 | 39,338,920 | - |
| Retained Earnings | -40,448,197 | -39,134,604 | -37,154,342 | -34,553,825 | - |
| Treasury Stock | - | - | - | - | - |
| Other Stockholder Equity | - | - | - | - | - |
| Total Stockholder Equity | 11,223,767 | 9,839,780 | 11,682,019 | 11,319,499 | - |
| Net Tangible Assets | 11,223,767 | 9,839,780 | 11,682,019 | 11,319,499 | - |
Magnum Mining and Exploration Limited (ASX:MGU) Balance Sheet Statement FAQ
1. How much Cash Magnum Mining and Exploration Limited has on their balance sheet?
As of 31 Dec 2025, Magnum Mining and Exploration Limited (ASX:MGU) has $5,862,821 of Cash.
2. What's the long term debt of Magnum Mining and Exploration Limited?
As per the latest Balance sheet of Magnum Mining and Exploration Limited (ASX:MGU), it has no Long term debt.
3. How much share holder equity does Magnum Mining and Exploration Limited has?
The Magnum Mining and Exploration Limited (ASX:MGU)'s balance sheet shows that it has $11,223,767 of Total stock holder equity.