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.

TMK Energy Limited Balance Sheet Statement - Assets

As of 31 Dec 2024, The total current assets of TMK Energy Limited (ASX:TMK) was around $2,147,746 which consisted of $1,999,854 of Cash, no Inventory and $106,107 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
$1,999,854
Current assets
$2,147,746
Total assets
$24,361,885

The latest balance sheet of TMK Energy Limited also showed $22,214,139 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 $24,361,885.

TMK Energy Limited Balance Sheet Statement - Liabilities

TMK's latest annual results shows the balance sheet has $601,048 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $629,359 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
$601,048
Current liabilities
$629,359
Total liabilities
$629,359

As per the 31 Dec 2024's annual report of TMK Energy Limited, the total liabilities were $629,359.

TMK 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 TMK Energy Limited showed the total stock holder equity was $23,732,526 which consisted of $34,802,593 of Common stocks, $-15,894,379 of Retained earnings and no Other stock holder equity.

TMK Balance Sheet Statement History

Following table shows the history of balance sheet for TMK Energy Limited (TMK).

31 Dec 2024 31 Dec 2023 30 Jun 2022 30 Jun 2021
Cash 1,999,854 2,255,012 3,607,909 2,397,478
Net Receivables 106,107 53,961 36,551 18,758
Inventory - - - -
Total Current Assets 2,147,746 2,354,047 3,785,926 2,416,236
Property Plant Equipment 22,214,139 14,946,770 798,029 40,430
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 24,361,885 18,300,817 5,033,955 2,906,666
Accounts Payable 601,048 455,030 470,457 58,156
Short/Long Term Debt - - - -
Other Current Liabilities - - - -
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 629,359 493,796 489,457 79,156
Total Liabilities 629,359 493,796 527,693 113,932
Common Stock 34,802,593 27,349,581 12,804,079 31,928,673
Retained Earnings -15,894,379 -14,517,247 -10,123,628 -30,573,029
Treasury Stock - - - -
Other Stockholder Equity - - - -
Total Stockholder Equity 23,732,526 17,807,021 4,506,262 2,792,734
Net Tangible Assets 23,732,526 17,807,021 4,506,262 2,792,734

TMK Energy Limited (ASX:TMK) Balance Sheet Statement FAQ

1. How much Cash TMK Energy Limited has on their balance sheet?

As of 31 Dec 2024, TMK Energy Limited (ASX:TMK) has $1,999,854 of Cash.

2. What's the long term debt of TMK Energy Limited?

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

3. How much share holder equity does TMK Energy Limited has?

The TMK Energy Limited (ASX:TMK)'s balance sheet shows that it has $23,732,526 of Total stock holder equity.