Thor Explorations Ltd. (TSXV:THX)

Thor Explorations Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	12.04	7.84	6.69	1.28	28.26
Cash & Short-Term Investments	12.04	7.84	6.69	1.28	28.26
Cash Growth	53.57%	17.22%	424.03%	-95.48%	423.08%
Accounts Receivable	-	-	0.07	0.02	-
Other Receivables	0.38	0.28	0.15	0.22	0.06
Receivables	0.38	0.28	0.22	0.24	0.06
Inventory	41.1	41.77	32.5	18.15	-
Prepaid Expenses	2.53	1.88	0.85	0.35	0.26
Restricted Cash	-	-	-	3.5	4.46
Other Current Assets	1.65	5.77	9.63	0.24	0.3
Total Current Assets	57.71	57.54	49.88	23.74	33.33
Property, Plant & Equipment	127.8	156.46	166.36	172.96	91.66
Other Intangible Assets	36.24	28.91	19.23	15.35	16.27
Long-Term Deferred Tax Assets	-	0.09	0.09	0.09	0.05
Other Long-Term Assets	57.33	16.11	0.28	0.11	0.2
Total Assets	279.07	259.11	235.85	212.24	141.51
Accounts Payable	46.27	58.71	46.91	43.57	10.36
Accrued Expenses	2.52	14.12	6.21	-	0.55
Short-Term Debt	-	-	-	0.67	-
Current Portion of Long-Term Debt	0.86	23.25	0.89	27.32	0.07
Current Portion of Leases	4.82	4.82	4.81	4.85	0.04
Current Unearned Revenue	4.46	11.84	6.58	-	-
Other Current Liabilities	11.43	14.29	13.4	12.84	6.07
Total Current Liabilities	70.37	127.02	78.81	89.24	17.09
Long-Term Debt	-	0.52	27.25	25.75	20.53
Long-Term Leases	2.39	6.67	10.6	13.43	-
Other Long-Term Liabilities	5.06	12.71	19.81	24.23	25.97
Total Liabilities	77.82	146.92	136.47	152.65	63.59
Common Stock	81.63	81.49	80.44	79.03	97.12
Retained Earnings	121.57	30.35	18.1	-21.06	-24.76
Comprehensive Income & Other	-1.95	0.35	0.84	1.62	5.55
Total Common Equity	201.25	112.19	99.38	59.59	77.91
Shareholders' Equity	201.25	112.19	99.38	59.59	77.91
Total Liabilities & Equity	279.07	259.11	235.85	212.24	141.51
Total Debt	8.07	35.26	43.55	72.01	20.64
Net Cash (Debt)	3.97	-27.42	-36.86	-70.74	7.62
Net Cash Growth	-	-	-	-	43.65%
Net Cash Per Share	0.01	-0.04	-0.06	-0.11	0.01
Filing Date Shares Outstanding	665.3	656.06	644.7	641.9	621.41
Total Common Shares Outstanding	657.06	656.06	644.7	632.36	621.41
Working Capital	-12.66	-69.48	-28.92	-65.5	16.24
Book Value Per Share	0.31	0.17	0.15	0.09	0.13
Tangible Book Value	165.02	83.28	80.15	44.25	61.65
Tangible Book Value Per Share	0.25	0.13	0.12	0.07	0.10
Land	-	-	0.02	0.02	0.02
Machinery	1.18	1.32	78.28	3.72	2.64
Construction In Progress	-	-	1.88	144.58	89.33

Updated Nov 24, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.