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.

Odyssey Gold Limited Balance Sheet Statement - Assets

As of 30 Jun 2024, The total current assets of Odyssey Gold Limited (ASX:ODY) was around $2,979,841 which consisted of $2,942,793 of Cash, no Inventory and $37,048 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

Cash
$2,942,793
Current assets
$2,979,841
Total assets
$11,989,820

The latest balance sheet of Odyssey Gold Limited also showed $9,009,979 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 $11,989,820.

Odyssey Gold Limited Balance Sheet Statement - Liabilities

ODY's latest annual results shows the balance sheet has $118,858 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $164,942 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
$118,858
Current liabilities
$164,942
Total liabilities
$164,942

As per the 30 Jun 2024's annual report of Odyssey Gold Limited, the total liabilities were $164,942.

ODY 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 Odyssey Gold Limited showed the total stock holder equity was $11,824,878 which consisted of $55,413,048 of Common stocks, $-43,957,343 of Retained earnings and no Other stock holder equity.

ODY Balance Sheet Statement History

Following table shows the history of balance sheet for Odyssey Gold Limited (ODY).

30 Jun 2024 30 Jun 2023 30 Jun 2022 30 Jun 2021
Cash 2,942,793 2,936,820 3,480,120 12,689,470
Net Receivables 37,048 58,074 198,165 507,975
Inventory - - - -
Total Current Assets 2,979,841 2,994,894 3,678,285 13,197,445
Property Plant Equipment 9,009,979 9,074,823 9,099,862 8,973,878
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 11,989,820 12,069,717 12,778,147 22,171,323
Accounts Payable 118,858 182,666 1,222,893 1,394,319
Short/Long Term Debt - - - -
Other Current Liabilities - 1,000,000 1,500,000 500,000
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 164,942 1,255,436 2,800,376 1,914,803
Total Liabilities 164,942 1,255,436 2,800,376 2,900,778
Common Stock 55,413,048 52,404,788 47,952,321 47,946,671
Retained Earnings -43,957,343 -43,450,385 -39,612,443 -30,074,175
Treasury Stock - - - -
Other Stockholder Equity - - - -
Total Stockholder Equity 11,824,878 10,814,281 9,977,771 19,270,545
Net Tangible Assets 11,824,878 10,814,281 9,977,771 19,270,545

Odyssey Gold Limited (ASX:ODY) Balance Sheet Statement FAQ

1. How much Cash Odyssey Gold Limited has on their balance sheet?

As of 30 Jun 2024, Odyssey Gold Limited (ASX:ODY) has $2,942,793 of Cash.

2. What's the long term debt of Odyssey Gold Limited?

As per the latest Balance sheet of Odyssey Gold Limited (ASX:ODY), it has no Long term debt.

3. How much share holder equity does Odyssey Gold Limited has?

The Odyssey Gold Limited (ASX:ODY)'s balance sheet shows that it has $11,824,878 of Total stock holder equity.