AKITA Drilling Ltd. (TSX:AKT.A)

AKITA Drilling Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	11.86	7.03	11.19	13.31	1.77	7.11
Cash & Short-Term Investments	11.86	7.03	11.19	13.31	1.77	7.11
Cash Growth	51.41%	-37.14%	-15.96%	650.76%	-75.06%	-
Accounts Receivable	37.78	52.74	47.1	46.87	27.23	15.13
Receivables	37.78	52.74	47.1	46.87	27.23	15.13
Prepaid Expenses	1.04	0.23	0.81	1.6	1.22	1.83
Total Current Assets	50.68	60	59.1	61.78	30.22	24.07
Property, Plant & Equipment	202.18	199.87	198	202.07	213.3	224.78
Long-Term Investments	5.78	7.62	5.12	2.89	2.38	0.89
Other Long-Term Assets	1.19	1.27	1.42	1.55	1.68	1.78
Total Assets	259.82	268.76	263.64	268.28	247.57	251.52
Accounts Payable	23.2	15.7	16.82	12.24	6.99	7.42
Accrued Expenses	-	19.8	13.88	17.22	13.76	6.5
Current Portion of Long-Term Debt	-	-	-	-	1.72	-
Current Portion of Leases	0.74	0.63	0.65	0.99	0.97	1.05
Current Unearned Revenue	0.04	0.32	0.63	0.21	0.28	0.42
Total Current Liabilities	23.98	36.45	31.97	30.66	23.72	15.39
Long-Term Debt	39.67	49.58	69.54	93.51	84.44	74.3
Long-Term Leases	1	1.44	0.23	0.8	1.34	1.92
Pension & Post-Retirement Benefits	3.91	4	4.09	3.96	5.19	5.71
Long-Term Deferred Tax Liabilities	5.78	3.62	0.72	0.64	1.14	1.86
Other Long-Term Liabilities	2.48	2.16	1.13	0.85	0.26	0.08
Total Liabilities	76.82	97.26	107.68	130.43	116.09	99.26
Common Stock	146.2	146.37	146.35	146.31	146.26	146.26
Additional Paid-In Capital	6.91	6.56	6.06	5.69	5.45	5.2
Retained Earnings	27.84	15.37	2.51	-15.91	-20.2	0.79
Comprehensive Income & Other	2.05	3.21	1.04	1.76	-0.04	0.01
Shareholders' Equity	183	171.51	155.96	137.85	131.49	152.27
Total Liabilities & Equity	259.82	268.76	263.64	268.28	247.57	251.52
Total Debt	41.42	51.65	70.42	95.31	88.47	77.27
Net Cash (Debt)	-29.56	-44.62	-59.23	-82	-86.7	-70.16
Net Cash Per Share	-0.73	-1.11	-1.48	-2.05	-2.19	-1.77
Filing Date Shares Outstanding	39.65	39.73	39.73	39.65	39.61	39.61
Total Common Shares Outstanding	39.65	39.73	39.71	39.65	39.61	39.61
Working Capital	26.7	23.55	27.13	31.12	6.5	8.68
Book Value Per Share	4.62	4.32	3.93	3.48	3.32	3.84
Tangible Book Value	183	171.51	155.96	137.85	131.49	152.27
Tangible Book Value Per Share	4.62	4.32	3.93	3.48	3.32	3.84
Land	7.19	7.19	7.14	7.14	7.14	7.14
Machinery	635.14	615.99	594.08	590.35	572.61	560.16

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.