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.
New Talisman Gold Mines Limited Balance Sheet Statement - Assets
As of 31 Mar 2021, The total current assets of New Talisman Gold Mines Limited (NZX:NTL) was around $1,525,338 which consisted of $1,110,695 of Cash, no Inventory and $338,987 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 NZD
The latest balance sheet of New Talisman Gold Mines Limited also showed $13,955,615 of Property Plant Equipment and no Good will. Also there were $11,637 of Intangible assets and $11,637 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $15,678,418.
New Talisman Gold Mines Limited Balance Sheet Statement - Liabilities
NTL's latest annual results shows the balance sheet has $112,253 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $20,324 of Other Current liabilities and $156,718 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 Mar 2021's annual report of New Talisman Gold Mines Limited, the total liabilities were $230,238.
NTL 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 New Talisman Gold Mines Limited showed the total stock holder equity was $15,448,180 which consisted of $38,216,371 of Common stocks, $-22,768,191 of Retained earnings and no Other stock holder equity.
NTL Balance Sheet Statement History
Following table shows the history of balance sheet for New Talisman Gold Mines Limited (NTL).
| 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 | |
|---|---|---|---|---|
| Cash | 1.11M | 2.5M | 1.24M | 4.83M |
| Net Receivables | 338.99k | 97.52k | 134.53k | 83.03k |
| Inventory | - | - | - | - |
| Total Current Assets | 1.53M | 2.67M | 1.42M | 4.95M |
| Property Plant Equipment | 13.96M | 13.37M | 12.29M | 9.73M |
| Good Will | - | - | - | - |
| Intangible Assets | 11.64k | 11.64k | 2.76M | 2.75M |
| Other Assets | 11.64k | - | - | - |
| Deferred Long Term Asset Charges | - | - | - | - |
| Total Assets | 15.68M | 16.06M | 16.48M | 17.48M |
| Accounts Payable | 112.25k | 28.97k | 384.05k | - |
| Short/Long Term Debt | - | - | - | - |
| Other Current Liabilities | 20.32k | - | - | 213.58k |
| Long Term Debt | - | - | - | - |
| Other Liabilities | 32.22k | 32.22k | 32.22k | 17.8k |
| Total Current Liabilities | 156.72k | 64.83k | 422.04k | 234.91k |
| Total Liabilities | 230.24k | 97.04k | 454.26k | 252.71k |
| Common Stock | 38.22M | 38.22M | 34.59M | 34.59M |
| Retained Earnings | -22.77M | -22.25M | -18.56M | -17.36M |
| Treasury Stock | - | - | - | - |
| Other Stockholder Equity | - | - | - | - |
| Total Stockholder Equity | 15.45M | 15.97M | 16.03M | 17.23M |
| Net Tangible Assets | 15.44M | 15.95M | 13.27M | 14.48M |
New Talisman Gold Mines Limited (NZX:NTL) Balance Sheet Statement FAQ
1. How much Cash New Talisman Gold Mines Limited has on their balance sheet?
As of 31 Mar 2021, New Talisman Gold Mines Limited (NZX:NTL) has $1,110,695 of Cash.
2. What's the long term debt of New Talisman Gold Mines Limited?
As per the latest Balance sheet of New Talisman Gold Mines Limited (NZX:NTL), it has no Long term debt.
3. How much share holder equity does New Talisman Gold Mines Limited has?
The New Talisman Gold Mines Limited (NZX:NTL)'s balance sheet shows that it has $15,448,180 of Total stock holder equity.