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	Apr '26 Apr 30, 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	22.97	23.45	33.83	41.52	29.79	7.55
Cash & Short-Term Investments	22.97	23.45	33.83	41.52	29.79	7.55
Cash Growth	69.51%	-30.68%	-18.52%	39.37%	294.63%	1031.25%
Accounts Receivable	2.08	1.33	2.04	1.81	3.31	7.79
Other Receivables	0.49	0.56	1.24	1.12	0.66	-
Receivables	2.57	1.89	3.28	2.94	3.97	7.79
Inventory	15.94	16.83	14.25	16.11	19.2	14.75
Prepaid Expenses	0.49	0.76	0.82	0.76	0.99	0.72
Other Current Assets	0.31	0.49	0.73	0.92	0.74	0.37
Total Current Assets	42.29	43.42	52.9	62.25	54.69	31.17
Property, Plant & Equipment	28.64	30.41	30.33	33.21	41.65	50.19
Long-Term Investments	5.14	5.24	5.03	4.88	3.82	3.45
Other Long-Term Assets	17.88	10.86	0.44	0.7	1.02	1.52
Total Assets	93.94	89.94	88.7	101.04	101.19	86.34
Accounts Payable	7.19	10.26	17.16	18.76	20.07	16.79
Accrued Expenses	1.06	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	8.4	11.57	18.41	20.57	21.87	21.32
Long-Term Debt	-	-	-	-	-	0.5
Long-Term Leases	0.42	0.49	0.64	0.78	1.02	1.3
Total Liabilities	8.81	12.06	19.06	21.35	22.89	23.13
Common Stock	85.13	77.87	69.65	79.69	78.29	63.22
Shareholders' Equity	85.13	77.87	69.65	79.69	78.29	63.22
Total Liabilities & Equity	93.94	89.94	88.7	101.04	101.19	86.34
Total Debt	0.57	0.64	0.78	1.02	1.3	5.06
Net Cash (Debt)	22.4	22.81	33.05	40.5	28.49	2.49
Net Cash Growth	74.48%	-30.99%	-18.39%	42.17%	1045.56%	-
Working Capital	33.89	31.85	34.49	41.68	32.82	9.85
Tangible Book Value	85.13	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	100.59	97.11	89.77	89.13	88.58	87.72
Construction In Progress	0.61	3.08	4.68	1.07	0.43	0.19