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 Zealand Oil & Gas Limited Balance Sheet Statement - Assets

As of 30 Jun 2021, The total current assets of New Zealand Oil & Gas Limited (NZX:NZO) was around $81,191,000 which consisted of $70,730,000 of Cash, $1,137,000 of Inventory and $8,829,000 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

Cash
$70.73M
Current assets
$81.19M
Total assets
$143.32M

The latest balance sheet of New Zealand Oil & Gas Limited also showed $53,980,000 of Property Plant Equipment and no Good will. Also there were $1,875,000 of Intangible assets and $6,276,000 of Other assets. The total assets including current and Intangibles/Deferred Long Term Asset Charges were $143,322,000.

New Zealand Oil & Gas Limited Balance Sheet Statement - Liabilities

NZO's latest annual results shows the balance sheet has $3,050,000 of Accounts Payable. Also there were no Short/Long term debt, no Long term debt, $5,602,000 of Other Current liabilities and $9,662,000 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
$3.05M
Current liabilities
$9.66M
Total liabilities
$39.42M

As per the 30 Jun 2021's annual report of New Zealand Oil & Gas Limited, the total liabilities were $39,423,000.

NZO 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 Zealand Oil & Gas Limited showed the total stock holder equity was $99,319,000 which consisted of $211,901,000 of Common stocks, $-117,543,000 of Retained earnings and $4,961,000 of Other stock holder equity.

NZO Balance Sheet Statement History

Following table shows the history of balance sheet for New Zealand Oil & Gas Limited (NZO).

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash70.73M97.9M93.54M98.01M
Net Receivables8.83M6.23M7.82M11.52M
Inventory1.14M788k2.6M2.25M
Total Current Assets81.19M118.28M116.18M112.03M
Property Plant Equipment53.98M59.17M62.63M72.31M
Good Will----
Intangible Assets1.88M1.73M47k487k
Other Assets6.28M6.12M5.53M16k
Deferred Long Term Asset Charges----
Total Assets143.32M185.3M184.38M184.85M
Accounts Payable3.05M1.45M1.57M2.7M
Short/Long Term Debt----
Other Current Liabilities5.6M5.65M7.81M9.87M
Long Term Debt----
Other Liabilities29.76M29.72M27.76M19.44M
Total Current Liabilities9.66M8.02M10.29M13.84M
Total Liabilities39.42M37.74M38.05M33.28M
Common Stock211.9M211.9M211.91M211.92M
Retained Earnings-117.54M-80.44M-79.07M-74.58M
Treasury Stock4.96M4.11M2.46M7.56M
Other Stockholder Equity4.96M4.11M2.46M7.56M
Total Stockholder Equity99.32M135.57M135.3M144.9M
Net Tangible Assets97.44M133.84M135.25M144.41M

New Zealand Oil & Gas Limited (NZX:NZO) Balance Sheet Statement FAQ

1. How much Cash New Zealand Oil & Gas Limited has on their balance sheet?

As of 30 Jun 2021, New Zealand Oil & Gas Limited (NZX:NZO) has $70,730,000 of Cash.

2. What's the long term debt of New Zealand Oil & Gas Limited?

As per the latest Balance sheet of New Zealand Oil & Gas Limited (NZX:NZO), it has no Long term debt.

3. How much share holder equity does New Zealand Oil & Gas Limited has?

The New Zealand Oil & Gas Limited (NZX:NZO)'s balance sheet shows that it has $99,319,000 of Total stock holder equity.