Fortuna Mining Corp. (TSX: FVI)

Fortuna Mining Balance Sheet

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	87.73	128.15	80.49	107.1	131.9	83.4
Short-Term Investments	-	-	-	0.42	1.06	-
Cash & Short-Term Investments	87.73	128.15	80.49	107.51	132.96	83.4
Cash Growth	3.53%	59.20%	-25.13%	-19.14%	59.41%	-48.93%
Accounts Receivable	23.17	19.97	23.98	25.72	26.31	33.64
Other Receivables	53.89	49.48	37.46	48.06	46.14	14.2
Total Receivables	77.06	69.45	61.44	73.78	72.45	47.84
Inventory	125.08	115.83	92.03	85.82	35.27	14.97
Prepaid Expenses	17.79	14.6	11.18	8.06	2.62	2.94
Other Current Assets	4.37	5.3	7.57	5.91	4.77	3.49
Total Current Assets	312.03	333.33	252.71	281.08	248.07	152.64
Gross Property, Plant & Equipment	2,815	2,770	2,439	2,211	1,145	1,034
Accumulated Depreciation	-1,248.28	-1,196.11	-871.08	-498.67	-354.15	-304.84
Net Property, Plant & Equipment	1,567	1,574	1,568	1,712	791.13	729.18
Long-Term Investments	-	-	-	-	-	1.33
Other Long-Term Assets	68.29	60.33	55.89	28.49	16.14	52.92
Total Assets	1,947	1,968	1,876	2,022	1,055	936.07
Accounts Payable	102.87	100.39	72.57	82.53	31.57	15.98
Accrued Expenses	25.84	32.5	31.26	36.03	29.34	21.39
Current Portion of Long-Term Debt	44.44	43.9	-	-	1.08	0.89
Current Portion of Leases	14.19	14.94	9.42	10.52	6.98	8.83
Current Income Taxes Payable	41.53	31.78	11.59	20.56	23.81	12.4
Other Current Liabilities	17.39	20.26	10.24	17.12	3.66	30.29
Total Current Liabilities	246.26	243.77	135.08	166.77	96.44	89.77
Long-Term Debt	123.15	162.95	219.18	157.49	158.62	146.54
Long-Term Leases	39.6	42.46	11.93	18.88	12.52	15.05
Long-Term Deferred Tax Liabilities	157.91	159.86	167.62	191.67	19.5	20.92
Other Long-Term Liabilities	67.05	70.71	53.72	57.54	42.49	28.37
Total Liabilities	633.96	679.74	587.53	592.35	329.57	300.64
Common Stock	1,123	1,125	1,076	1,080	492.31	422.15
Retained Earnings	113.9	87.65	138.49	266.62	208.74	187.19
Comprensive Income & Other	24.43	25.34	29.93	28.79	24.72	26.09
Total Common Equity	1,261	1,238	1,245	1,375	725.77	635.43
Minority Interest	52.57	49.75	43.94	54.42	-	-
Shareholders' Equity	1,313	1,288	1,289	1,430	725.77	635.43
Total Liabilities & Equity	1,947	1,968	1,876	2,022	1,055	936.07
Total Debt	221.39	264.25	240.52	186.89	179.2	171.31
Net Cash (Debt)	-133.66	-136.1	-160.03	-79.38	-46.24	-87.9
Net Cash Per Share	-0.45	-0.46	-0.55	-0.32	-0.25	-0.53
Filing Date Shares Outstanding	306.11	306.59	290.26	291.88	184.2	160.29
Total Common Shares Outstanding	305.74	306.59	290.22	291.53	184.2	160.29
Working Capital	65.77	89.56	117.63	114.31	151.63	62.87
Book Value Per Share	4.12	4.04	4.29	4.72	3.94	3.96
Tangible Book Value	1,261	1,238	1,245	1,375	725.77	635.43
Tangible Book Value Per Share	4.12	4.04	4.29	4.72	3.94	3.96
Land	-	-	-	-	-	159.73
Machinery	-	-	-	-	-	91.33
Construction In Progress	58.2	44.22	154.65	57.76	188.96	222.91

Source: S&P Capital IQ. Standard template.