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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	11.6	7.03	11.19	13.31	1.77	7.11
Cash & Short-Term Investments	11.6	7.03	11.19	13.31	1.77	7.11
Cash Growth	139.22%	-37.14%	-15.96%	650.76%	-75.06%	-
Accounts Receivable	36.69	52.74	47.1	46.87	27.23	15.13
Receivables	36.69	52.74	47.1	46.87	27.23	15.13
Prepaid Expenses	1.94	0.23	0.81	1.6	1.22	1.83
Total Current Assets	50.22	60	59.1	61.78	30.22	24.07
Property, Plant & Equipment	200.41	199.87	198	202.07	213.3	224.78
Long-Term Investments	6.15	7.62	5.12	2.89	2.38	0.89
Other Long-Term Assets	1.23	1.27	1.42	1.55	1.68	1.78
Total Assets	258.01	268.76	263.64	268.28	247.57	251.52
Accounts Payable	23.64	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	0.72	0.63	0.65	0.99	0.97	1.05
Current Unearned Revenue	0.12	0.32	0.63	0.21	0.28	0.42
Total Current Liabilities	24.48	36.45	31.97	30.66	23.72	15.39
Long-Term Debt	39.78	49.58	69.54	93.51	84.44	74.3
Long-Term Leases	1.16	1.44	0.23	0.8	1.34	1.92
Long-Term Deferred Tax Liabilities	4.75	3.62	0.72	0.64	1.14	1.86
Other Long-Term Liabilities	2.94	2.16	1.13	0.85	0.26	0.08
Total Liabilities	77.04	97.26	107.68	130.43	116.09	99.26
Common Stock	146.37	146.37	146.35	146.31	146.26	146.26
Additional Paid-In Capital	6.8	6.56	6.06	5.69	5.45	5.2
Retained Earnings	26.3	15.37	2.51	-15.91	-20.2	0.79
Comprehensive Income & Other	1.51	3.21	1.04	1.76	-0.04	0.01
Shareholders' Equity	180.97	171.51	155.96	137.85	131.49	152.27
Total Liabilities & Equity	258.01	268.76	263.64	268.28	247.57	251.52
Total Debt	41.65	51.65	70.42	95.31	88.47	77.27
Net Cash (Debt)	-30.06	-44.62	-59.23	-82	-86.7	-70.16
Net Cash Per Share	-0.75	-1.11	-1.48	-2.05	-2.19	-1.77
Filing Date Shares Outstanding	39.73	39.73	39.73	39.65	39.61	39.61
Total Common Shares Outstanding	39.73	39.73	39.71	39.65	39.61	39.61
Working Capital	25.75	23.55	27.13	31.12	6.5	8.68
Book Value Per Share	4.55	4.32	3.93	3.48	3.32	3.84
Tangible Book Value	180.97	171.51	155.96	137.85	131.49	152.27
Tangible Book Value Per Share	4.55	4.32	3.93	3.48	3.32	3.84
Land	7.19	7.19	7.14	7.14	7.14	7.14
Machinery	627.44	615.99	594.08	590.35	572.61	560.16

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.