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.

Sky Metals Limited Balance Sheet Statement - Assets

As of 30 Jun 2024, The total current assets of Sky Metals Limited (ASX:SKY) was around $3,343,397 which consisted of $3,255,060 of Cash, no Inventory and $66,587 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
$3,255,060
Current assets
$3,343,397
Total assets
$18,417,751

The latest balance sheet of Sky Metals Limited also showed $14,818,143 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 $18,417,751.

Sky Metals Limited Balance Sheet Statement - Liabilities

SKY's latest annual results shows the balance sheet has $427,080 of Accounts Payable. Also there were $352,466 of Short/Long term debt, no Long term debt, no Other Current liabilities and $977,596 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
$427,080
Current liabilities
$977,596
Total liabilities
$1,275,491

As per the 30 Jun 2024's annual report of Sky Metals Limited, the total liabilities were $1,275,491.

SKY 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 Sky Metals Limited showed the total stock holder equity was $17,142,260 which consisted of $81,613,572 of Common stocks, $-65,444,443 of Retained earnings and no Other stock holder equity.

SKY Balance Sheet Statement History

Following table shows the history of balance sheet for Sky Metals Limited (SKY).

30 Jun 2024 30 Jun 2023 30 Jun 2022 30 Jun 2021
Cash 3,255,060 3,835,460 4,597,338 3,528,190
Net Receivables 66,587 24,271 880 61,508
Inventory - - - -
Total Current Assets 3,343,397 3,859,731 4,598,218 3,599,698
Property Plant Equipment 14,818,143 11,358,848 16,670,519 13,526,946
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 18,417,751 15,514,711 21,540,988 17,284,496
Accounts Payable 427,080 403,693 308,883 470,252
Short/Long Term Debt 352,466 418,216 505,791 59,983
Other Current Liabilities - - - -
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 977,596 664,571 538,680 626,490
Total Liabilities 1,275,491 1,018,000 982,526 641,371
Common Stock 81,613,572 77,238,006 74,056,357 68,793,175
Retained Earnings -65,444,443 -63,373,829 -54,986,194 -54,433,506
Treasury Stock - - - -
Other Stockholder Equity - - - -
Total Stockholder Equity 17,142,260 14,478,491 20,540,242 16,624,905
Net Tangible Assets 17,142,260 14,478,491 20,540,242 16,624,905

Sky Metals Limited (ASX:SKY) Balance Sheet Statement FAQ

1. How much Cash Sky Metals Limited has on their balance sheet?

As of 30 Jun 2024, Sky Metals Limited (ASX:SKY) has $3,255,060 of Cash.

2. What's the long term debt of Sky Metals Limited?

As per the latest Balance sheet of Sky Metals Limited (ASX:SKY), it has no Long term debt.

3. How much share holder equity does Sky Metals Limited has?

The Sky Metals Limited (ASX:SKY)'s balance sheet shows that it has $17,142,260 of Total stock holder equity.