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.
Many Peaks Gold Limited Balance Sheet Statement - Assets
As of 30 Jun 2022, The total current assets of Many Peaks Gold Limited (ASX:MPG) was around $4,656,436 which consisted of $4,592,229 of Cash, no Inventory and $64,207 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 Many Peaks Gold Limited also showed $1,326,381 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 $5,982,817.
Many Peaks Gold Limited Balance Sheet Statement - Liabilities
MPG's latest annual results shows the balance sheet has $125,108 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $12,743 of Other Current liabilities and $645,292 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 2022's annual report of Many Peaks Gold Limited, the total liabilities were $645,292.
MPG 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 Many Peaks Gold Limited showed the total stock holder equity was $5,337,525 which consisted of $6,057,753 of Common stocks, $-1,489,027 of Retained earnings and $768,799 of Other stock holder equity.
MPG Balance Sheet Statement History
Following table shows the history of balance sheet for Many Peaks Gold Limited (MPG).
| 30 Jun 2022 | 30 Jun 2021 | |
|---|---|---|
| Cash | 4.59M | 88.85k |
| Net Receivables | 64.21k | 88.78k |
| Inventory | - | - |
| Total Current Assets | 4.66M | 177.64k |
| Property Plant Equipment | 1.33M | - |
| Good Will | - | - |
| Intangible Assets | - | - |
| Other Assets | - | - |
| Deferred Long Term Asset Charges | - | - |
| Total Assets | 5.98M | 177.64k |
| Accounts Payable | 125.11k | 94.32k |
| Short/Long Term Debt | - | - |
| Other Current Liabilities | 12.74k | - |
| Long Term Debt | - | - |
| Other Liabilities | - | - |
| Total Current Liabilities | 645.29k | 109.32k |
| Total Liabilities | 645.29k | 109.32k |
| Common Stock | 6.06M | 350.5k |
| Retained Earnings | -1.49M | -282.18k |
| Treasury Stock | 768.8k | - |
| Other Stockholder Equity | 768.8k | - |
| Total Stockholder Equity | 5.34M | 68.32k |
| Net Tangible Assets | 5.34M | 68.32k |
Many Peaks Gold Limited (ASX:MPG) Balance Sheet Statement FAQ
1. How much Cash Many Peaks Gold Limited has on their balance sheet?
As of 30 Jun 2022, Many Peaks Gold Limited (ASX:MPG) has $4,592,229 of Cash.
2. What's the long term debt of Many Peaks Gold Limited?
As per the latest Balance sheet of Many Peaks Gold Limited (ASX:MPG), it has no Long term debt.
3. How much share holder equity does Many Peaks Gold Limited has?
The Many Peaks Gold Limited (ASX:MPG)'s balance sheet shows that it has $5,337,525 of Total stock holder equity.