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.

Titanium Sands Limited Balance Sheet Statement - Assets

As of 30 Jun 2024, The total current assets of Titanium Sands Limited (ASX:TSL) was around $1,780,523 which consisted of $1,172,085 of Cash, no Inventory and $588,861 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
$1,172,085
Current assets
$1,780,523
Total assets
$23,345,004

The latest balance sheet of Titanium Sands Limited also showed $21,564,481 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 $23,345,004.

Titanium Sands Limited Balance Sheet Statement - Liabilities

TSL's latest annual results shows the balance sheet has $42,787 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, no Other Current liabilities and $134,175 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
$42,787
Current liabilities
$134,175
Total liabilities
$134,175

As per the 30 Jun 2024's annual report of Titanium Sands Limited, the total liabilities were $134,175.

TSL 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 Titanium Sands Limited showed the total stock holder equity was $23,210,829 which consisted of $41,611,354 of Common stocks, $-12,587,090 of Retained earnings and no Other stock holder equity.

TSL Balance Sheet Statement History

Following table shows the history of balance sheet for Titanium Sands Limited (TSL).

30 Jun 2024 30 Jun 2023 30 Jun 2022 30 Jun 2021
Cash 1,172,085 68,530 534,379 1,573,514
Net Receivables 588,861 13,906 16,002 39,086
Inventory - - - -
Total Current Assets 1,780,523 94,932 557,749 1,651,193
Property Plant Equipment 21,564,481 20,579,658 16,413,779 26,592,640
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 23,345,004 20,674,590 16,971,528 28,243,833
Accounts Payable 42,787 71,997 71,124 98,769
Short/Long Term Debt - 250,000 - -
Other Current Liabilities - - 504,509 -
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 134,175 421,985 644,436 170,475
Total Liabilities 134,175 421,985 644,436 170,475
Common Stock 41,611,354 37,011,951 35,768,901 35,706,530
Retained Earnings -12,587,090 -10,432,035 -9,198,007 -8,037,294
Treasury Stock - - - -
Other Stockholder Equity - - - -
Total Stockholder Equity 23,210,829 20,252,605 16,327,092 28,073,358
Net Tangible Assets 23,210,829 20,252,605 16,327,092 28,073,358

Titanium Sands Limited (ASX:TSL) Balance Sheet Statement FAQ

1. How much Cash Titanium Sands Limited has on their balance sheet?

As of 30 Jun 2024, Titanium Sands Limited (ASX:TSL) has $1,172,085 of Cash.

2. What's the long term debt of Titanium Sands Limited?

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

3. How much share holder equity does Titanium Sands Limited has?

The Titanium Sands Limited (ASX:TSL)'s balance sheet shows that it has $23,210,829 of Total stock holder equity.