Lynas Rare Earths Limited (ASX:LYC)

Lynas Rare Earths Balance Sheet

Financials in millions AUD. Fiscal year is July - June.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Cash & Equivalents	166.49	523.84	1,011	965.58	580.83
Short-Term Investments	-	-	-	-	100
Cash & Short-Term Investments	166.49	523.84	1,011	965.58	680.83
Cash Growth	-68.22%	-48.20%	4.72%	41.83%	569.24%
Accounts Receivable	44.73	42.62	49.19	105.38	21.73
Other Receivables	28.41	14.05	10.38	4.48	2.16
Receivables	73.14	56.68	59.57	109.87	23.89
Inventory	176.12	120.58	111.89	81.46	62.89
Prepaid Expenses	14.16	6.2	3.9	6.71	6.44
Total Current Assets	429.91	707.28	1,187	1,164	774.05
Property, Plant & Equipment	2,397	1,994	1,344	806.34	635.64
Other Intangible Assets	1.81	1.27	1.4	0.74	0.41
Long-Term Deferred Tax Assets	6.46	5.89	8.96	11.34	-
Other Long-Term Assets	109.06	96.32	97.53	79.59	67.49
Total Assets	2,944	2,805	2,639	2,062	1,478
Accounts Payable	39.02	39.33	40.82	14.39	11.08
Accrued Expenses	40.28	46.85	30	28.95	21.59
Current Portion of Long-Term Debt	29.17	28.54	10	21.9	20.07
Current Portion of Leases	4.62	4.95	4.51	1.53	0.78
Current Income Taxes Payable	-	-	25.85	5.69	0.08
Other Current Liabilities	38.75	49.67	53.8	51.17	54.14
Total Current Liabilities	151.84	169.35	164.98	123.63	107.74
Long-Term Debt	122.09	143.29	167.38	164.9	151.05
Long-Term Leases	46.17	7.19	8.46	2.13	1.29
Other Long-Term Liabilities	270.57	241.82	133.04	124.39	133.39
Total Liabilities	591.51	562.12	475.27	416.02	394.17
Common Stock	2,091	2,091	2,091	1,860	1,860
Retained Earnings	228.4	220.41	135.9	-174.77	-715.59
Comprehensive Income & Other	33.22	-68.69	-63.58	-39.21	-60.58
Shareholders' Equity	2,353	2,243	2,163	1,646	1,083
Total Liabilities & Equity	2,944	2,805	2,639	2,062	1,478
Total Debt	202.05	183.98	190.36	190.46	173.19
Net Cash (Debt)	-35.56	339.86	820.86	775.12	507.64
Net Cash Growth	-	-58.60%	5.90%	52.69%	-
Net Cash Per Share	-0.04	0.36	0.90	0.86	0.58
Filing Date Shares Outstanding	935.45	934.72	933.82	902.41	901.08
Total Common Shares Outstanding	935.45	934.72	933.82	902.41	901.08
Working Capital	278.07	537.94	1,022	1,040	666.31
Book Value Per Share	2.52	2.40	2.32	1.82	1.20
Tangible Book Value	2,351	2,242	2,162	1,645	1,083
Tangible Book Value Per Share	2.51	2.40	2.32	1.82	1.20
Land	31.66	27.77	28.28	-	28.07
Buildings	1,905	743.59	919.84	730.34	698.55
Machinery	16.67	9.38	9.08	7.63	6.76
Construction In Progress	475.46	1,288	753.8	204.45	50.65
Leasehold Improvements	15.74	13.95	21.23	41.9	12.64

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.