Ares Strategic Mining Inc. (CSE:ARS)
Canada · Delayed Price · Currency is CAD 0.3950
+0.0050 (1.28%)
Aug 10, 2026, 3:59 PM EST
Ares Strategic Mining Balance Sheet
Financials in millions CAD. Fiscal year is October - September.
Millions CAD. Fiscal year is Oct - Sep.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 | Sep '21 Sep 30, 2021 |
Cash & Equivalents | 12.08 | 6.58 | 0.09 | 0.47 | 0.04 | 1.05 |
Short-Term Investments | - | - | - | 0.17 | 0.39 | - |
Cash & Short-Term Investments | 12.08 | 6.58 | 0.09 | 0.64 | 0.43 | 1.05 |
Cash Growth | 8217.23% | 6941.29% | -85.35% | 48.32% | -59.08% | 378.30% |
Other Receivables | 2.15 | 1.48 | 0.51 | 0.02 | 0.49 | 0.04 |
Receivables | 2.15 | 1.48 | 0.51 | 0.02 | 0.49 | 0.04 |
Prepaid Expenses | 0.58 | 1.4 | 0.65 | 0.29 | 0.25 | 0.23 |
Restricted Cash | 1.3 | 1.37 | 2.12 | 1.2 | 0.09 | 0.09 |
Total Current Assets | 16.11 | 10.83 | 3.37 | 2.15 | 1.26 | 1.42 |
Property, Plant & Equipment | 57.42 | 42.6 | 24.3 | 15.23 | 14 | 8.34 |
Other Long-Term Assets | 0.37 | 0.44 | 8.78 | 0.1 | 0.87 | 3.65 |
Total Assets | 73.9 | 53.87 | 36.46 | 17.48 | 16.13 | 13.41 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 | Sep '21 Sep 30, 2021 |
Accounts Payable | 1.51 | 0.9 | 3.13 | 0.41 | 0.56 | 0.4 |
Accrued Expenses | 1.04 | 1.12 | 0.67 | 0.25 | 0.2 | 0.05 |
Short-Term Debt | 0.72 | 1.08 | 1.83 | 1.1 | 0.3 | 2.2 |
Current Portion of Long-Term Debt | 8.52 | 8.54 | 7.2 | 0.82 | - | - |
Total Current Liabilities | 11.8 | 11.66 | 12.82 | 2.58 | 1.06 | 2.65 |
Long-Term Debt | 25.73 | 26.17 | 11.06 | 4.68 | - | - |
Total Liabilities | 37.53 | 37.83 | 23.88 | 7.26 | 1.06 | 2.65 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 | Sep '21 Sep 30, 2021 |
Common Stock | 70.35 | 51.54 | 44.48 | 39.59 | 39.33 | 31.43 |
Additional Paid-In Capital | 8.17 | 3.9 | 3.84 | 3.46 | 4.05 | 4.35 |
Retained Earnings | -41.21 | -38.32 | -34.67 | -31.75 | -27.16 | -23.76 |
Comprehensive Income & Other | 0.28 | 0.15 | 0.16 | 0.14 | 0.08 | -0.04 |
Total Common Equity | 37.58 | 17.26 | 13.8 | 11.44 | 16.3 | 11.98 |
Minority Interest | -1.22 | -1.22 | -1.22 | -1.22 | -1.23 | -1.22 |
Shareholders' Equity | 36.36 | 16.05 | 12.58 | 10.22 | 15.08 | 10.76 |
Total Liabilities & Equity | 73.9 | 53.87 | 36.46 | 17.48 | 16.13 | 13.41 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Sep '25 Sep 30, 2025 | Sep '24 Sep 30, 2024 | Sep '23 Sep 30, 2023 | Sep '22 Sep 30, 2022 | Sep '21 Sep 30, 2021 |
Total Debt | 34.98 | 35.8 | 20.09 | 6.6 | 0.3 | 2.2 |
Net Cash (Debt) | -22.9 | -29.22 | -19.99 | -5.96 | 0.13 | -1.15 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -0.10 | -0.15 | -0.13 | -0.04 | 0.00 | -0.01 |
Filing Date Shares Outstanding | 262.24 | 211.55 | 179.66 | 139 | 137.84 | 122.79 |
Total Common Shares Outstanding | 262.24 | 211.55 | 173.42 | 139 | 137.77 | 106.79 |
Working Capital | 4.3 | -0.83 | -9.45 | -0.43 | 0.2 | -1.23 |
Book Value Per Share | 0.14 | 0.08 | 0.08 | 0.08 | 0.12 | 0.11 |
Tangible Book Value | 37.58 | 17.26 | 13.8 | 11.44 | 16.3 | 11.98 |
Tangible Book Value Per Share | 0.14 | 0.08 | 0.08 | 0.08 | 0.12 | 0.11 |
Land | 2.88 | 2.88 | 2.79 | 2.81 | 0.08 | 0.08 |
Machinery | 0.64 | 0.64 | 0.23 | 0.23 | 0.23 | 0.2 |
Construction In Progress | 38.01 | 25.72 | 9.76 | 4.35 | 4.29 | - |