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.
Tombador Iron Limited Balance Sheet Statement - Assets
As of 31 Dec 2024, The total current assets of Tombador Iron Limited (ASX:TI1) was around $13,169,378 which consisted of $10,809,687 of Cash, no Inventory and $2,304,237 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 Tombador Iron Limited also showed $6,876 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 $13,176,254.
Tombador Iron Limited Balance Sheet Statement - Liabilities
TI1's latest annual results shows the balance sheet has $52,798 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $750,925 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 31 Dec 2024's annual report of Tombador Iron Limited, the total liabilities were $750,925.
TI1 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 Tombador Iron Limited showed the total stock holder equity was $12,425,329 which consisted of $36,471,957 of Common stocks, $-25,672,750 of Retained earnings and no Other stock holder equity.
TI1 Balance Sheet Statement History
Following table shows the history of balance sheet for Tombador Iron Limited (TI1).
| 31 Dec 2024 | 31 Dec 2023 | 30 Jun 2022 | 30 Jun 2021 | |
|---|---|---|---|---|
| Cash | 10,809,687 | 8,616,606 | 29,421,985 | 24,704,473 |
| Net Receivables | 2,304,237 | 5,674,491 | 368,016 | 193,907 |
| Inventory | - | - | 9,793,497 | - |
| Total Current Assets | 13,169,378 | 14,350,014 | 40,642,900 | 25,009,031 |
| Property Plant Equipment | 6,876 | 13,575 | 14,787,172 | 19,307,331 |
| Good Will | - | - | - | - |
| Intangible Assets | - | - | - | - |
| Other Assets | - | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 13,176,254 | 14,363,589 | 55,430,072 | 44,316,362 |
| Accounts Payable | 52,798 | 92,449 | 3,246,230 | 2,155,729 |
| Short/Long Term Debt | - | - | 10,732,763 | 5,061,426 |
| Other Current Liabilities | - | - | - | - |
| Long Term Debt | - | - | - | - |
| Other Liabilities | - | - | - | - |
| Total Current Liabilities | 750,925 | 1,184,973 | 9,755,843 | 8,148,631 |
| Total Liabilities | 750,925 | 1,184,973 | 20,388,104 | 15,562,539 |
| Common Stock | 36,471,957 | 36,471,957 | 36,471,957 | 36,472,270 |
| Retained Earnings | -25,672,750 | -24,487,214 | -5,141,427 | -8,635,419 |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 12,425,329 | 13,178,616 | 35,041,968 | 28,753,823 |
| Net Tangible Assets | 12,425,329 | 13,178,616 | 35,041,968 | 28,753,823 |
Tombador Iron Limited (ASX:TI1) Balance Sheet Statement FAQ
1. How much Cash Tombador Iron Limited has on their balance sheet?
As of 31 Dec 2024, Tombador Iron Limited (ASX:TI1) has $10,809,687 of Cash.
2. What's the long term debt of Tombador Iron Limited?
As per the latest Balance sheet of Tombador Iron Limited (ASX:TI1), it has no Long term debt.
3. How much share holder equity does Tombador Iron Limited has?
The Tombador Iron Limited (ASX:TI1)'s balance sheet shows that it has $12,425,329 of Total stock holder equity.