Fortress Minerals Limited (SGX: OAJ)

Fortress Minerals Balance Sheet

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	May 31, 2024	Feb 29, 2024	Feb 28, 2023	Feb 28, 2022	Feb 28, 2021	Feb 29, 2020
Cash & Equivalents	8.84	7.68	5.67	6.91	7.8	10.24
Short-Term Investments	-	1.26	1.59	1.69	1.35	1.28
Trading Asset Securities	3.06	2.2	1.47	-	-	-
Cash & Short-Term Investments	11.9	11.14	8.72	8.6	9.15	11.52
Cash Growth	36.49%	27.70%	1.43%	-6.00%	-20.61%	402.64%
Accounts Receivable	3.08	7.21	3.91	1.32	11.21	3.39
Other Receivables	5.17	1.69	1.22	0.97	0.02	0
Receivables	8.25	8.89	5.14	2.29	11.23	3.4
Inventory	5.44	3.14	4.67	3.1	1.03	0.86
Prepaid Expenses	-	2	1.92	3.78	3.17	0.86
Other Current Assets	-	-	-	-	9	-
Total Current Assets	25.59	25.17	20.45	17.77	33.58	16.64
Property, Plant & Equipment	70.8	69.22	70.23	70.66	26.28	22.69
Goodwill	2.87	2.83	3.01	3.27	-	-
Long-Term Deferred Tax Assets	-	-	-	0.34	-	-
Total Assets	99.26	97.22	93.69	92.03	59.86	39.34
Accounts Payable	2.25	1.18	1.25	0.99	0.42	0.38
Accrued Expenses	-	5.44	5.66	3.01	4.76	2.15
Current Portion of Long-Term Debt	6.56	6.94	7.13	6.36	0.65	4.53
Current Portion of Leases	1.65	1.27	0.63	1.92	0.2	0.39
Current Income Taxes Payable	0.01	0.01	0.06	0.8	1.61	0.25
Other Current Liabilities	6.76	2.15	3.14	1.97	1.09	0.41
Total Current Liabilities	17.23	17	17.86	15.05	8.73	8.11
Long-Term Debt	1.22	1.92	7.73	15.76	1.3	0.03
Long-Term Leases	0.13	0.21	0.05	0.57	0.04	0.15
Long-Term Deferred Tax Liabilities	3.62	3.54	3.58	3.48	1.38	1.47
Other Long-Term Liabilities	2.29	2.31	2.25	0.39	-	-
Total Liabilities	24.49	24.97	31.48	35.25	11.45	9.76
Common Stock	29	29	22.46	22.46	22.46	22.46
Retained Earnings	56.32	54.64	47.74	38.53	28.41	10.73
Comprehensive Income & Other	-10.7	-11.39	-7.96	-4.19	-2.45	-3.62
Total Common Equity	74.62	72.25	62.24	56.81	48.42	29.58
Minority Interest	0.15	0	-0.03	-0.02	-0.01	-
Shareholders' Equity	74.77	72.25	62.21	56.78	48.41	29.58
Total Liabilities & Equity	99.26	97.22	93.69	92.03	59.86	39.34
Total Debt	9.56	10.33	15.54	24.6	2.19	5.11
Net Cash (Debt)	2.34	0.8	-6.82	-16	6.96	6.41
Net Cash Growth	-	-	-	-	8.53%	-
Net Cash Per Share	0.00	0.00	-0.01	-0.03	0.01	0.01
Filing Date Shares Outstanding	523.32	523.32	523.32	500	500	500
Total Common Shares Outstanding	523.32	523.32	500	500	500	500
Working Capital	8.36	8.17	2.59	2.73	24.85	8.53
Book Value Per Share	0.14	0.14	0.12	0.11	0.10	0.06
Tangible Book Value	71.75	69.41	59.23	53.54	48.42	29.58
Tangible Book Value Per Share	0.14	0.13	0.12	0.11	0.10	0.06
Machinery	21.9	32.52	30.85	22.69	20.82	16.21
Construction In Progress	-	2.72	3.7	9.12	1.44	0.36

Source: S&P Capital IQ. Standard template. Financial Sources.