Highwater Ethanol, LLC (HEOL)

Highwater Ethanol, LLC Balance Sheet

Financials in millions USD. Fiscal year is November - October.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Cash & Equivalents	23.45	33.83	41.52	29.79	7.55
Cash & Short-Term Investments	23.45	33.83	41.52	29.79	7.55
Cash Growth	-30.68%	-18.52%	39.37%	294.63%	1031.25%
Accounts Receivable	1.33	2.04	1.81	3.31	7.79
Other Receivables	0.56	1.24	1.12	0.66	-
Receivables	1.89	3.28	2.94	3.97	7.79
Inventory	16.83	14.25	16.11	19.2	14.75
Prepaid Expenses	0.76	0.82	0.76	0.99	0.72
Other Current Assets	0.49	0.73	0.92	0.74	0.37
Total Current Assets	43.42	52.9	62.25	54.69	31.17
Property, Plant & Equipment	30.41	30.33	33.21	41.65	50.19
Long-Term Investments	5.24	5.03	4.88	3.82	3.45
Other Long-Term Assets	10.86	0.44	0.7	1.02	1.52
Total Assets	89.94	88.7	101.04	101.19	86.34
Accounts Payable	10.26	17.16	18.76	20.07	16.79
Accrued Expenses	1.17	1.11	1.56	1.52	1.27
Current Portion of Long-Term Debt	-	-	-	-	2.99
Current Portion of Leases	0.15	0.14	0.24	0.28	0.27
Total Current Liabilities	11.57	18.41	20.57	21.87	21.32
Long-Term Debt	-	-	-	-	0.5
Long-Term Leases	0.49	0.64	0.78	1.02	1.3
Total Liabilities	12.06	19.06	21.35	22.89	23.13
Common Stock	77.87	69.65	79.69	78.29	63.22
Shareholders' Equity	77.87	69.65	79.69	78.29	63.22
Total Liabilities & Equity	89.94	88.7	101.04	101.19	86.34
Total Debt	0.64	0.78	1.02	1.3	5.06
Net Cash (Debt)	22.81	33.05	40.5	28.49	2.49
Net Cash Growth	-30.99%	-18.39%	42.17%	1045.56%	-
Working Capital	31.85	34.49	41.68	32.82	9.85
Tangible Book Value	77.87	69.65	79.69	78.29	63.22
Land	13.22	13.21	13.21	13.15	12.84
Buildings	40.12	40.12	38.86	38.85	38.85
Machinery	97.11	89.77	89.13	88.58	87.72
Construction In Progress	3.08	4.68	1.07	0.43	0.19

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