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.

RTG Mining Inc. Balance Sheet Statement - Assets

As of 31 Dec 2024, The total current assets of RTG Mining Inc. (ASX:RTG) was around $1,023,687 which consisted of $736,525 of Cash, no Inventory and $157,055 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 USD

Cash
$736,525
Current assets
$1,023,687
Total assets
$3,962,859

The latest balance sheet of RTG Mining Inc. also showed $2,939,172 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 $3,962,859.

RTG Mining Inc. Balance Sheet Statement - Liabilities

RTG's latest annual results shows the balance sheet has $480,843 of Accounts Payable. Also there were $445,119 of Short/Long term debt, no Long term debt, no Other Current liabilities and $1,276,408 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
$480,843
Current liabilities
$1,276,408
Total liabilities
$1,642,851

As per the 31 Dec 2024's annual report of RTG Mining Inc., the total liabilities were $1,642,851.

RTG 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 RTG Mining Inc. showed the total stock holder equity was $3,881,006 which consisted of $191,947,563 of Common stocks, $-200,080,799 of Retained earnings and $10,510,522 of Other stock holder equity.

RTG Balance Sheet Statement History

Following table shows the history of balance sheet for RTG Mining Inc. (RTG).

31 Dec 2024 31 Dec 2023 31 Dec 2022 31 Dec 2021
Cash 736,525 4,364,940 1,947,442 10,046,355
Net Receivables 157,055 1,546,409 105,521 54,978
Inventory - - - -
Total Current Assets 1,023,687 5,989,740 2,213,409 10,268,940
Property Plant Equipment 2,939,172 3,190,276 3,421,563 2,595,667
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 3,962,859 9,180,016 5,634,972 12,864,607
Accounts Payable 480,843 522,643 559,214 1,245,105
Short/Long Term Debt 445,119 809,802 1,393,015 1,571,836
Other Current Liabilities - - - -
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 1,276,408 1,155,496 1,583,404 3,652,081
Total Liabilities 1,642,851 1,878,825 2,366,466 3,667,361
Common Stock 191,947,563 191,984,581 183,615,839 183,475,169
Retained Earnings -200,080,799 -194,928,696 -190,554,599 -184,427,978
Treasury Stock - - - -
Other Stockholder Equity 10,510,522 10,510,522 10,314,034 10,314,034
Total Stockholder Equity 3,881,006 8,800,990 4,843,172 10,576,333
Net Tangible Assets 3,881,006 8,800,990 4,843,172 10,576,333

RTG Mining Inc. (ASX:RTG) Balance Sheet Statement FAQ

1. How much Cash RTG Mining Inc. has on their balance sheet?

As of 31 Dec 2024, RTG Mining Inc. (ASX:RTG) has $736,525 of Cash.

2. What's the long term debt of RTG Mining Inc.?

As per the latest Balance sheet of RTG Mining Inc. (ASX:RTG), it has no Long term debt.

3. How much share holder equity does RTG Mining Inc. has?

The RTG Mining Inc. (ASX:RTG)'s balance sheet shows that it has $3,881,006 of Total stock holder equity.