Critical Elements Lithium Corporation (TSXV:CRE)

Critical Elements Lithium Balance Sheet

Financials in millions CAD. Fiscal year is September - August.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Cash & Equivalents	8.29	10.63	10.76	25.58	29.81	6.22
Short-Term Investments	15.3	14.64	10.14	5.27	2.03	3.09
Cash & Short-Term Investments	23.6	25.27	20.9	30.84	31.83	9.31
Cash Growth	-1.20%	20.95%	-32.25%	-3.11%	241.77%	220.56%
Other Receivables	1.44	1.22	1.46	2.4	2.34	0.78
Receivables	1.44	1.22	1.46	2.4	2.34	0.78
Prepaid Expenses	0.8	0.63	0.65	0.23	0.4	0.09
Other Current Assets	-	-	-	-	-	1.33
Total Current Assets	25.84	27.13	23	33.47	34.57	11.52
Property, Plant & Equipment	56.94	54.3	50.48	40.06	31.2	27.18
Other Long-Term Assets	5.87	5.75	5.82	5.45	-	-
Total Assets	88.66	87.18	79.3	78.98	65.77	38.69

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Accounts Payable	1.74	0.81	1.03	4.05	3.02	2.21
Accrued Expenses	0.11	2.41	1.22	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	-	0.63
Current Portion of Leases	0.02	0.02	0.05	0.05	0.02	0.02
Total Current Liabilities	2.7	3.24	2.3	4.1	3.04	2.86
Long-Term Leases	0.01	0.03	0.14	0.19	0.02	0.04
Long-Term Deferred Tax Liabilities	4.84	4.82	3.3	2.63	2.49	2.06
Total Liabilities	7.56	8.09	5.74	6.92	5.55	4.97

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Common Stock	116.68	111.1	111.07	111.03	96.71	60.92
Additional Paid-In Capital	14.01	13.43	11.99	10.41	9.64	9.55
Retained Earnings	-49.59	-45.44	-49.51	-49.38	-46.13	-36.75
Shareholders' Equity	81.1	79.09	73.56	72.06	60.22	33.72
Total Liabilities & Equity	88.66	87.18	79.3	78.98	65.77	38.69

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Total Debt	0.04	0.05	0.19	0.24	0.04	0.69
Net Cash (Debt)	23.56	25.22	20.7	30.61	31.79	8.62
Net Cash Growth	-1.11%	21.80%	-32.35%	-3.73%	268.82%	-
Net Cash Per Share	0.10	0.12	0.10	0.14	0.16	0.05
Filing Date Shares Outstanding	232.04	217.87	217.84	217.79	213.15	204.42
Total Common Shares Outstanding	232.04	217.85	217.84	217.79	209.53	183.53
Working Capital	23.14	23.89	20.7	29.37	31.53	8.65
Book Value Per Share	0.35	0.36	0.34	0.33	0.29	0.18
Tangible Book Value	81.1	79.09	73.56	72.06	60.22	33.72
Tangible Book Value Per Share	0.35	0.36	0.34	0.33	0.29	0.18
Machinery	0.5	0.5	0.27	0.2	0.14	0.14
Leasehold Improvements	0.03	0.03	0.05	0.05	-	-

Data Source: S&P Global Market Intelligence Last updated: May 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 28, 2026

Data Sources Report a data error