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

Current assets
Total assets

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.

Account payable
Current liabilities
Total liabilities

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.