Midland Exploration Inc. (TSXV: MD)

Midland Exploration Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Cash & Equivalents	3.74	2.45	1.9	1.49	1.31	0.35
Short-Term Investments	3.18	2.51	4.52	5.94	9.72	12.49
Cash & Short-Term Investments	6.92	4.96	6.41	7.43	11.02	12.84
Cash Growth	31.06%	-22.63%	-13.72%	-32.58%	-14.15%	38.03%
Accounts Receivable	0.28	0.22	0.06	0.05	0.18	0.2
Other Receivables	0.15	0.39	0.28	1.46	1.01	1.95
Receivables	0.43	0.62	0.34	1.51	1.19	2.15
Prepaid Expenses	0.09	0.1	0.05	0.06	0.04	0.08
Total Current Assets	7.43	5.68	6.81	9	12.25	15.07
Property, Plant & Equipment	34.56	35.04	32.32	30.75	26.43	23.47
Long-Term Investments	0.63	0.94	0.04	0.17	0.21	0.07
Other Long-Term Assets	-	-	0.05	-	-	-
Total Assets	42.62	41.66	39.22	39.92	38.89	38.62
Accounts Payable	0.82	1.11	0.29	1.25	0.92	1.05
Current Portion of Leases	0.03	0.03	0.03	0.03	0.03	-
Current Unearned Revenue	2.21	0.72	0.55	0.21	0.34	0.01
Total Current Liabilities	3.05	1.87	0.87	1.49	1.28	1.06
Long-Term Leases	-	0.02	0.05	0.08	0.11	-
Total Liabilities	3.05	1.88	0.92	1.57	1.39	1.06
Common Stock	57.24	55.57	52.97	51.18	49.4	48.23
Additional Paid-In Capital	6.8	6.63	6.43	6.23	5.27	5.03
Retained Earnings	-24.47	-22.42	-21.11	-19.07	-17.91	-16.45
Comprehensive Income & Other	-	-	-	-	0.75	0.75
Shareholders' Equity	39.57	39.78	38.29	38.34	37.5	37.56
Total Liabilities & Equity	42.62	41.66	39.22	39.92	38.89	38.62
Total Debt	0.03	0.05	0.08	0.11	0.14	-
Net Cash (Debt)	6.89	4.91	6.33	7.32	10.89	12.84
Net Cash Growth	32.06%	-22.43%	-13.54%	-32.76%	-15.22%	38.03%
Net Cash Per Share	0.08	0.06	0.08	0.10	0.16	0.19
Filing Date Shares Outstanding	86.87	86.87	82.42	72.28	72.28	70.22
Total Common Shares Outstanding	86.87	82.78	75.67	72.28	70.35	68.88
Working Capital	4.38	3.81	5.94	7.51	10.97	14.02
Book Value Per Share	0.46	0.48	0.51	0.53	0.53	0.55
Tangible Book Value	39.57	39.78	38.29	38.34	37.5	37.56
Tangible Book Value Per Share	0.46	0.48	0.51	0.53	0.53	0.55

Source: S&P Capital IQ. Standard template. Financial Sources.