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.

Tesoro Gold Ltd Balance Sheet Statement - Assets

As of 30 Jun 2024, The total current assets of Tesoro Gold Ltd (ASX:TSO) was around $472,799 which consisted of $302,006 of Cash, no Inventory and $67,824 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
$302,006
Current assets
$472,799
Total assets
$37,681,518

The latest balance sheet of Tesoro Gold Ltd also showed $37,208,719 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 $37,681,518.

Tesoro Gold Ltd Balance Sheet Statement - Liabilities

TSO's latest annual results shows the balance sheet has $298,679 of Accounts Payable. Also there were $32,802 of Short/Long term debt, no Long term debt, no Other Current liabilities and $694,840 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
$298,679
Current liabilities
$694,840
Total liabilities
$694,840

As per the 30 Jun 2024's annual report of Tesoro Gold Ltd, the total liabilities were $694,840.

TSO 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 Tesoro Gold Ltd showed the total stock holder equity was $-1,843,482 which consisted of $61,288,732 of Common stocks, $-22,281,558 of Retained earnings and no Other stock holder equity.

TSO Balance Sheet Statement History

Following table shows the history of balance sheet for Tesoro Gold Ltd (TSO).

30 Jun 2024 30 Jun 2023 30 Jun 2022 30 Jun 2021
Cash 302,006 2,816,061 3,949,773 13,728,277
Net Receivables 67,824 279,352 709,453 329,534
Inventory - - - -
Total Current Assets 472,799 3,205,088 4,701,362 14,057,811
Property Plant Equipment 37,208,719 39,109,307 26,405,580 15,800,821
Good Will - - - -
Intangible Assets - - - -
Other Assets - - - -
Deferred Long Term Asset Charges - - - -
Total Assets 37,681,518 42,314,395 31,106,942 29,858,632
Accounts Payable 298,679 382,506 376,569 1,452,675
Short/Long Term Debt 32,802 86,135 108,938 111,346
Other Current Liabilities - - - -
Long Term Debt - - - -
Other Liabilities - - - -
Total Current Liabilities 694,840 1,231,538 901,104 1,764,777
Total Liabilities 694,840 1,264,336 987,238 1,873,701
Common Stock 61,288,732 58,075,057 48,945,881 37,156,675
Retained Earnings -22,281,558 -21,940,917 -18,790,191 -13,729,842
Treasury Stock - - - -
Other Stockholder Equity - - - -
Total Stockholder Equity -1,843,482 38,921,342 28,273,174 25,849,522
Net Tangible Assets -1,843,482 38,921,342 28,273,174 25,849,522

Tesoro Gold Ltd (ASX:TSO) Balance Sheet Statement FAQ

1. How much Cash Tesoro Gold Ltd has on their balance sheet?

As of 30 Jun 2024, Tesoro Gold Ltd (ASX:TSO) has $302,006 of Cash.

2. What's the long term debt of Tesoro Gold Ltd?

As per the latest Balance sheet of Tesoro Gold Ltd (ASX:TSO), it has no Long term debt.

3. How much share holder equity does Tesoro Gold Ltd has?

The Tesoro Gold Ltd (ASX:TSO)'s balance sheet shows that it has $-1,843,482 of Total stock holder equity.