Golden Horse Minerals Limited (ASX:GHM)

Golden Horse Minerals Balance Sheet

Financials in millions AUD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	14.96	15.01	2.15	0.14	0.21	0.61
Cash & Short-Term Investments	14.96	15.01	2.15	0.14	0.21	0.61
Cash Growth	1426.66%	598.86%	1451.79%	-33.70%	-65.92%	313.98%
Accounts Receivable	-	-	0.09	-	-	-
Other Receivables	0.15	0.1	-	0.02	0.1	0.4
Receivables	0.15	0.1	0.09	0.02	0.1	0.4
Prepaid Expenses	0.18	0.05	0.41	0.06	0.01	0.05
Other Current Assets	-	-	-	-	0	0
Total Current Assets	15.29	15.16	2.64	0.22	0.32	1.05
Property, Plant & Equipment	27.83	24.32	8.05	5.02	4.47	2.28
Total Assets	43.11	39.49	10.69	5.24	4.79	3.33
Accounts Payable	2.06	3.58	1.03	1.22	1.09	0.57
Accrued Expenses	0.1	0.09	0.03	0.03	-	-
Short-Term Debt	-	-	-	-	-	0.11
Current Portion of Long-Term Debt	-	-	-	0.34	0.03	-
Other Current Liabilities	0.25	0.25	0.25	0.36	0.09	0.06
Total Current Liabilities	2.41	3.92	1.31	1.95	1.2	0.74
Long-Term Debt	-	-	-	-	0.46	-
Other Long-Term Liabilities	1.99	1.99	-	-	-	-
Total Liabilities	4.39	5.91	1.31	1.95	1.66	0.74
Common Stock	65.96	59.37	30.74	26.27	25.16	22.28
Additional Paid-In Capital	-	-	-	-	2.18	2.04
Retained Earnings	-32.33	-30.99	-23.87	-24.52	-23.39	-20.68
Comprehensive Income & Other	5.09	5.2	2.51	1.54	-0.82	-1.05
Shareholders' Equity	38.72	33.58	9.38	3.29	3.13	2.59
Total Liabilities & Equity	43.11	39.49	10.69	5.24	4.79	3.33
Total Debt	-	-	-	0.34	0.49	0.11
Net Cash (Debt)	14.96	15.01	2.15	-0.2	-0.28	0.5
Net Cash Growth	1426.66%	598.86%	-	-	-	-
Net Cash Per Share	0.14	0.28	0.06	-0.01	-0.01	0.04
Filing Date Shares Outstanding	200.78	156.28	44.03	27.16	24.97	21.73
Total Common Shares Outstanding	174.79	155.9	39.89	27.16	24.97	21.23
Working Capital	12.88	11.24	1.33	-1.73	-0.88	0.31
Book Value Per Share	0.22	0.22	0.24	0.12	0.13	0.12
Tangible Book Value	38.72	33.58	9.38	3.29	3.13	2.59
Tangible Book Value Per Share	0.22	0.22	0.24	0.12	0.13	0.12
Machinery	0.08	0.04	0.04	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.