True North Copper Limited (ASX:TNC)

True North Copper Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022
Cash & Equivalents	12.81	15.48	3.49	0.05
Cash & Short-Term Investments	12.81	15.48	3.49	0.05
Cash Growth	-17.23%	343.40%	6433.54%	-
Accounts Receivable	-	0.41	0.26	-
Other Receivables	0.44	0.34	1.59	0.36
Receivables	0.44	0.75	1.85	0.36
Inventory	0.22	0.36	-	-
Prepaid Expenses	-	-	-	0.52
Other Current Assets	2	0.68	1.4	0.15
Total Current Assets	15.47	17.26	6.74	1.09
Property, Plant & Equipment	51.15	55.65	68.24	21.68
Long-Term Investments	0.24	0.25	-	-
Other Long-Term Assets	31.84	38.53	0.32	-
Total Assets	98.69	111.69	75.3	22.77
Accounts Payable	1.44	1.1	5.42	0.29
Accrued Expenses	0.16	0.34	0.11	0
Short-Term Debt	-	0.01	-	5.29
Current Portion of Long-Term Debt	-	5.43	-	-
Current Portion of Leases	-	0.09	0.08	-
Other Current Liabilities	0.16	19.72	11.01	0.22
Total Current Liabilities	1.77	26.68	16.62	5.8
Long-Term Debt	-	20.03	-	-
Long-Term Leases	-	0.24	0.33	-
Long-Term Unearned Revenue	7.5	-	-	-
Other Long-Term Liabilities	15.34	19.3	28.79	20.68
Total Liabilities	24.61	66.24	45.74	26.48
Common Stock	161.53	105.35	67.03	0
Retained Earnings	-91.24	-62.82	-37.76	-3.71
Comprehensive Income & Other	3.79	2.92	0.29	-
Shareholders' Equity	74.08	45.45	29.56	-3.71
Total Liabilities & Equity	98.69	111.69	75.3	22.77
Total Debt	-	25.79	0.41	5.29
Net Cash (Debt)	12.81	-10.31	3.09	-5.23
Net Cash Per Share	0.19	-1.83	1.68	-5.23
Filing Date Shares Outstanding	127.38	10.3	4.62	1
Total Common Shares Outstanding	127.38	10.3	4.62	1
Working Capital	13.71	-9.42	-9.88	-4.71
Book Value Per Share	0.58	4.41	6.40	-3.71
Tangible Book Value	74.08	45.45	29.56	-3.71
Tangible Book Value Per Share	0.58	4.41	6.40	-3.71
Land	-	0.2	0.2	0.2
Buildings	0.14	0.23	0.23	-
Machinery	9.92	6.38	0.45	-
Construction In Progress	-	0.05	-	-

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