International Petroleum Corporation (TSX:IPCO)

International Petroleum Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	7.04	246.59	517.07	487.24	18.81
Cash & Short-Term Investments	7.04	246.59	517.07	487.24	18.81
Cash Growth	-97.15%	-52.31%	6.12%	2490.32%	189.47%
Total Trade Receivables	97.22	127.45	113.5	123.61	110.9
Inventory	19.99	20.07	21.81	15.96	20.2
Other Current Assets	6.06	4.73	38.22	11.76	1.26
Total Current Assets	130.3	398.85	690.6	638.57	151.16
Net Property, Plant & Equipment	1,798	1,504	1,307	997.97	1,020
Other Long-Term Assets	49.14	50.34	65.71	43.09	102.94
Total Assets	1,978	1,954	2,063	1,680	1,274
Accounts Payable	149.71	176.37	188.87	118.73	79.84
Short-Term Debt	1.94	3.4	3.59	3.43	1.81
Current Portion of Leases	0.93	0.57	0.81	0.75	0.68
Other Current Liabilities	7.67	27.73	9.62	27	12.65
Total Current Liabilities	160.25	208.08	202.89	149.91	94.98
Long-Term Debt	481.03	441.58	440.48	304.15	109.22
Long-Term Leases	2.96	2.73	2.09	0.51	0.98
Other Long-Term Liabilities	406.22	361.83	337.27	259.72	220.95
Total Long-Term Liabilities	890.2	806.13	779.84	564.38	331.15
Total Liabilities	1,050	1,014	982.73	714.29	426.13
Total Common Shareholders' Equity	927.03	939.32	1,080	965.14	847.39
Minority Interest	0.15	0.16	0.19	0.19	0.16
Shareholders' Equity	927.18	939.47	1,080	965.33	847.54
Total Liabilities & Equity	1,978	1,954	2,063	1,680	1,274
Total Debt	486.86	448.28	446.97	308.84	112.69
Net Cash (Debt)	-479.83	-201.69	70.11	178.4	-93.88
Net Cash Growth	-	-	-60.70%	-	-
Net Cash Per Share	-4.10	-1.60	0.52	1.19	-0.59
Book Value	927.03	939.32	1,080	965.14	847.39
Book Value Per Share	7.93	7.44	7.98	6.44	5.35
Tangible Book Value	927.03	939.32	1,080	965.14	847.39
Tangible Book Value Per Share	7.93	7.44	7.98	6.44	5.35

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.