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.
Metals Australia Ltd Balance Sheet Statement - Assets
As of 30 Jun 2024, The total current assets of Metals Australia Ltd (ASX:MLS) was around $17,692,943 which consisted of $17,352,223 of Cash, no Inventory and $316,367 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 Metals Australia Ltd also showed $19,476,558 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 $37,169,501.
Metals Australia Ltd Balance Sheet Statement - Liabilities
MLS's latest annual results shows the balance sheet has $292,082 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $966,633 of Other Current liabilities and $1,284,977 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 Metals Australia Ltd, the total liabilities were $1,292,371.
MLS 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 Metals Australia Ltd showed the total stock holder equity was $34,600,281 which consisted of $63,202,724 of Common stocks, $-29,032,239 of Retained earnings and no Other stock holder equity.
MLS Balance Sheet Statement History
Following table shows the history of balance sheet for Metals Australia Ltd (MLS).
| 30 Jun 2024 | 30 Jun 2023 | 30 Jun 2022 | 30 Jun 2021 | |
|---|---|---|---|---|
| Cash | 17,352,223 | 15,920,663 | 19,064,405 | 983,974 |
| Net Receivables | 316,367 | 336,364 | 321,115 | 272,359 |
| Inventory | - | - | - | - |
| Total Current Assets | 17,692,943 | 16,296,002 | 21,382,015 | 1,332,828 |
| Property Plant Equipment | 19,476,558 | 17,864,246 | 9,384,069 | 8,047,719 |
| Good Will | - | - | - | - |
| Intangible Assets | - | - | - | - |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 37,169,501 | 34,160,248 | 30,766,084 | 9,380,547 |
| Accounts Payable | 292,082 | 124,436 | 237,624 | 62,404 |
| Short/Long Term Debt | - | - | - | - |
| Other Current Liabilities | 966,633 | - | - | - |
| Long Term Debt | - | - | - | - |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 1,284,977 | 143,930 | 255,391 | 79,754 |
| Total Liabilities | 1,292,371 | 143,930 | 255,391 | 79,754 |
| Common Stock | 63,202,724 | 60,733,453 | 58,139,809 | 36,161,053 |
| Retained Earnings | -29,032,239 | -30,005,111 | -29,249,664 | -27,035,417 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 34,600,281 | 32,739,469 | 30,586,610 | 9,376,710 |
| Net Tangible Assets | 34,600,281 | 32,739,469 | 30,586,610 | 9,376,710 |
Metals Australia Ltd (ASX:MLS) Balance Sheet Statement FAQ
1. How much Cash Metals Australia Ltd has on their balance sheet?
As of 30 Jun 2024, Metals Australia Ltd (ASX:MLS) has $17,352,223 of Cash.
2. What's the long term debt of Metals Australia Ltd?
As per the latest Balance sheet of Metals Australia Ltd (ASX:MLS), it has no Long term debt.
3. How much share holder equity does Metals Australia Ltd has?
The Metals Australia Ltd (ASX:MLS)'s balance sheet shows that it has $34,600,281 of Total stock holder equity.