Horseshoe Metals Limited (ASX:HOR)

Horseshoe Metals Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.03	0	0	0.01	1.37
Short-Term Investments	0.03	0.03	0.03	0.03	-
Cash & Short-Term Investments	0.05	0.03	0.03	0.03	1.37
Cash Growth	107.16%	-7.55%	-13.54%	-97.69%	1298.18%
Accounts Receivable	0	0.02	0	0	0.01
Other Receivables	0.05	0.02	0.02	0.1	0.12
Receivables	0.05	0.04	0.02	0.1	0.13
Prepaid Expenses	0.22	0.06	0.08	0.11	0
Total Current Assets	0.33	0.13	0.12	0.25	1.5
Property, Plant & Equipment	9.79	8.73	8.42	8.01	6.72
Long-Term Investments	-	-	-	-	0.24
Total Assets	10.12	8.86	8.54	8.26	8.47
Accounts Payable	2.2	1.41	1.55	1.08	1.8
Accrued Expenses	0.27	0.04	0.05	0.04	-
Short-Term Debt	0.52	1.65	-	-	-
Current Portion of Long-Term Debt	1.7	1.19	1.69	0.72	0.03
Other Current Liabilities	0.05	-	-	-	0.37
Total Current Liabilities	4.74	4.3	3.29	1.85	2.19
Long-Term Debt	-	-	-	0.87	1.61
Other Long-Term Liabilities	6.73	5.81	5.81	7.07	6.5
Total Liabilities	11.47	10.11	9.1	9.79	10.3
Common Stock	29.51	27.78	27.55	25.15	22.74
Retained Earnings	-29.3	-27.72	-26.92	-25.63	-23.27
Comprehensive Income & Other	-1.57	-1.31	-1.19	-1.05	-1.31
Shareholders' Equity	-1.36	-1.25	-0.56	-1.53	-1.84
Total Liabilities & Equity	10.12	8.86	8.54	8.26	8.47
Total Debt	2.22	2.85	1.69	1.59	1.64
Net Cash (Debt)	-2.17	-2.82	-1.66	-1.56	-0.26
Net Cash Per Share	-0.00	-0.00	-0.00	-0.00	-0.00
Filing Date Shares Outstanding	749.01	670.01	646.48	631.94	545.49
Total Common Shares Outstanding	744.36	663.28	646.48	551.94	436.39
Working Capital	-4.41	-4.17	-3.16	-1.6	-0.69
Book Value Per Share	-0.00	-0.00	-0.00	-0.00	-0.00
Tangible Book Value	-1.36	-1.25	-0.56	-1.53	-1.84
Tangible Book Value Per Share	-0.00	-0.00	-0.00	-0.00	-0.00
Machinery	0.29	0.28	0.3	0.3	0.22

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