Minsud Resources Corp. (TSXV:MSR)

Minsud Resources Balance Sheet

Financials in millions CAD. 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	0.58	0.71	3.48	2.86	2.61
Cash & Short-Term Investments	0.58	0.71	3.48	2.86	2.61
Cash Growth	-17.86%	-79.67%	21.69%	9.51%	249.09%
Other Receivables	0.05	0.05	0.37	0.68	0.53
Receivables	0.05	0.05	0.37	0.68	0.53
Prepaid Expenses	0.04	0.03	0.09	0.04	0.05
Total Current Assets	0.66	0.79	3.94	3.58	3.19
Property, Plant & Equipment	-	-	27.77	27.51	18.89
Long-Term Investments	15.07	21.49	-	-	-
Long-Term Deferred Tax Assets	-	-	-	0.01	0.02
Total Assets	15.74	22.28	31.71	31.1	22.1
Accounts Payable	0.2	0.24	2.38	0.45	0.29
Accrued Expenses	0.06	0.07	0.1	0.11	0.02
Current Income Taxes Payable	-	-	-	-	0.58
Other Current Liabilities	0.17	0.03	24.25	0.37	0.21
Total Current Liabilities	0.42	0.34	26.73	0.93	1.1
Other Long-Term Liabilities	-	-	-	19.72	9.84
Total Liabilities	0.42	0.34	26.73	20.65	10.94
Common Stock	20.31	19.4	19.39	19.33	19.37
Retained Earnings	-18.31	-16.32	-24.4	-14.51	-10.91
Comprehensive Income & Other	13.31	18.85	9.97	5.6	2.65
Total Common Equity	15.32	21.93	4.96	10.41	11.12
Minority Interest	-	-	0.01	0.03	0.04
Shareholders' Equity	15.32	21.93	4.97	10.45	11.15
Total Liabilities & Equity	15.74	22.28	31.71	31.1	22.1
Net Cash (Debt)	0.58	0.71	3.48	2.86	2.61
Net Cash Growth	-17.86%	-79.67%	21.69%	9.51%	249.09%
Net Cash Per Share	0.00	0.00	0.02	0.02	0.02
Filing Date Shares Outstanding	169.27	164.95	164.95	163.89	163.89
Total Common Shares Outstanding	166.9	164.95	164.09	163.89	163.89
Working Capital	0.24	0.45	-22.79	2.65	2.09
Book Value Per Share	0.09	0.13	0.03	0.06	0.07
Tangible Book Value	15.32	21.93	4.96	10.41	11.12
Tangible Book Value Per Share	0.09	0.13	0.03	0.06	0.07
Machinery	-	-	0.45	0.49	0.12

Source: S&P Global Market Intelligence. Standard template. Financial Sources.