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.
Minbos Resources Limited Balance Sheet Statement - Assets
As of 31 Dec 2024, The total current assets of Minbos Resources Limited (ASX:MNB) was around $13,545,871 which consisted of $12,862,626 of Cash, no Inventory and $419,623 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 Minbos Resources Limited also showed $24,275,308 of Property Plant Equipment and no Good will. Also there were $25,345 of Intangible assets and no Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $40,728,303.
Minbos Resources Limited Balance Sheet Statement - Liabilities
MNB's latest annual results shows the balance sheet has $1,629,581 of Accounts Payable. Also there were $750,125 of Short/Long term debt, $750,125 of Long term debt, no Other Current liabilities and $2,864,250 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 2024's annual report of Minbos Resources Limited, the total liabilities were $3,614,375.
MNB 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 Minbos Resources Limited showed the total stock holder equity was $35,783,067 which consisted of $93,442,328 of Common stocks, $-61,389,014 of Retained earnings and no Other stock holder equity.
MNB Balance Sheet Statement History
Following table shows the history of balance sheet for Minbos Resources Limited (MNB).
| 31 Dec 2024 | 31 Dec 2023 | 30 Jun 2022 | 30 Jun 2021 | |
|---|---|---|---|---|
| Cash | 12,862,626 | 4,604,979 | 3,642,299 | 6,830,973 |
| Net Receivables | 419,623 | 422,958 | 48,597 | 35,652 |
| Inventory | - | - | - | - |
| Total Current Assets | 13,545,871 | 6,572,973 | 3,822,747 | 6,895,922 |
| Property Plant Equipment | 24,275,308 | 39,455,634 | 11,352,993 | 971,533 |
| Good Will | - | - | - | - |
| Intangible Assets | 25,345 | - | - | - |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 40,728,303 | 46,028,607 | 15,175,740 | 7,867,455 |
| Accounts Payable | 1,629,581 | 755,693 | 745,721 | 175,470 |
| Short/Long Term Debt | 750,125 | 57,902 | 158,027 | - |
| Other Current Liabilities | - | - | - | - |
| Long Term Debt | 750,125 | - | - | - |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 2,864,250 | 1,912,167 | 1,445,326 | 313,052 |
| Total Liabilities | 3,614,375 | 1,912,167 | 1,537,180 | 313,052 |
| Common Stock | 93,442,328 | 82,260,551 | 54,862,697 | 49,192,196 |
| Retained Earnings | -61,389,014 | -58,543,847 | -49,574,686 | -48,770,069 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 35,783,067 | 25,944,331 | 13,638,560 | 7,554,403 |
| Net Tangible Assets | 35,757,722 | 25,944,331 | 13,638,560 | 7,554,403 |
Minbos Resources Limited (ASX:MNB) Balance Sheet Statement FAQ
1. How much Cash Minbos Resources Limited has on their balance sheet?
As of 31 Dec 2024, Minbos Resources Limited (ASX:MNB) has $12,862,626 of Cash.
2. What's the long term debt of Minbos Resources Limited?
As per the latest Balance sheet of Minbos Resources Limited (ASX:MNB), it has $750,125 of Long term debt.
3. How much share holder equity does Minbos Resources Limited has?
The Minbos Resources Limited (ASX:MNB)'s balance sheet shows that it has $35,783,067 of Total stock holder equity.