Highwater Ethanol, LLC Balance Sheet

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

Millions USD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Cash & Equivalents	19.78	23.45	33.83	41.52	29.79	7.55
Cash & Short-Term Investments	19.78	23.45	33.83	41.52	29.79	7.55
Cash Growth	28.11%	-30.68%	-18.52%	39.37%	294.63%	1031.25%
Accounts Receivable	1.63	1.33	2.04	1.81	3.31	7.79
Other Receivables	0.36	0.56	1.24	1.12	0.66	-
Receivables	2	1.89	3.28	2.94	3.97	7.79
Inventory	14.7	16.83	14.25	16.11	19.2	14.75
Prepaid Expenses	0.69	0.76	0.82	0.76	0.99	0.72
Other Current Assets	0.28	0.49	0.73	0.92	0.74	0.37
Total Current Assets	37.45	43.42	52.9	62.25	54.69	31.17
Property, Plant & Equipment	30.19	30.41	30.33	33.21	41.65	50.19
Long-Term Investments	5.28	5.24	5.03	4.88	3.82	3.45
Other Long-Term Assets	14.47	10.86	0.44	0.7	1.02	1.52
Total Assets	87.4	89.94	88.7	101.04	101.19	86.34
Accounts Payable	9.15	10.26	17.16	18.76	20.07	16.79
Accrued Expenses	0.82	1.17	1.11	1.56	1.52	1.27
Current Portion of Long-Term Debt	-	-	-	-	-	2.99
Current Portion of Leases	0.15	0.15	0.14	0.24	0.28	0.27
Total Current Liabilities	10.11	11.57	18.41	20.57	21.87	21.32
Long-Term Debt	-	-	-	-	-	0.5
Long-Term Leases	0.46	0.49	0.64	0.78	1.02	1.3
Total Liabilities	10.57	12.06	19.06	21.35	22.89	23.13
Common Stock	76.83	77.87	69.65	79.69	78.29	63.22
Shareholders' Equity	76.83	77.87	69.65	79.69	78.29	63.22
Total Liabilities & Equity	87.4	89.94	88.7	101.04	101.19	86.34
Total Debt	0.6	0.64	0.78	1.02	1.3	5.06
Net Cash (Debt)	19.18	22.81	33.05	40.5	28.49	2.49
Net Cash Growth	30.49%	-30.99%	-18.39%	42.17%	1045.56%	-
Working Capital	27.34	31.85	34.49	41.68	32.82	9.85
Tangible Book Value	76.83	77.87	69.65	79.69	78.29	63.22
Land	13.22	13.22	13.21	13.21	13.15	12.84
Buildings	40.49	40.12	40.12	38.86	38.85	38.85
Machinery	100.56	97.11	89.77	89.13	88.58	87.72
Construction In Progress	0.62	3.08	4.68	1.07	0.43	0.19