Indonesia Energy Corporation Limited (INDO)

INDO Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	8.57	4.57	2.01	5.9	0.6	6.9
Cash & Short-Term Investments	8.57	4.57	2.01	5.9	0.6	6.9
Cash Growth	1096.19%	127.60%	-65.91%	890.83%	-91.38%	-43.60%
Accounts Receivable	0.49	0.34	0.58	0.47	1	1.13
Other Receivables	0.58	0.9	1.75	0.19	0.01	-
Receivables	1.07	1.24	2.33	0.65	1.01	1.13
Inventory	0.33	0.19	0.15	0.12	0.14	0.3
Prepaid Expenses	-	0.05	0.02	0.02	0.24	0.41
Restricted Cash	-	-	1.57	-	1	2.5
Other Current Assets	-	-	-	1.18	0.56	-
Total Current Assets	9.97	6.06	6.08	7.87	3.53	11.24
Property, Plant & Equipment	10.99	11.48	9.47	9.17	5.05	2.58
Long-Term Deferred Charges	0.83	0.86	0.94	1.01	1.09	1.17
Other Long-Term Assets	3.43	3.52	1.23	2.52	2.42	0.58
Total Assets	25.22	21.91	17.72	20.57	12.09	15.58
Accounts Payable	0.68	0.9	0.75	0.72	1.6	0.54
Accrued Expenses	0.26	0.35	0.15	0.02	0.14	0.18
Short-Term Debt	-	-	-	0.05	0.98	0.98
Current Portion of Leases	0.49	0.56	0.63	0.26	-	-
Current Income Taxes Payable	0.12	0.08	0.06	0.15	0.08	0.1
Other Current Liabilities	0.02	0.02	0.02	0.02	0.02	0.02
Total Current Liabilities	1.57	1.91	1.61	1.22	2.83	1.83
Long-Term Debt	-	-	-	-	1	1
Long-Term Leases	0.22	0.32	0.47	0.1	-	-
Pension & Post-Retirement Benefits	0.15	0.14	0.12	0.1	0.12	0.07
Other Long-Term Liabilities	1.35	1.36	0.83	1.84	0.32	0.32
Total Liabilities	3.28	3.72	3.03	3.25	4.27	3.22
Common Stock	0.04	0.04	0.03	0.03	0.02	0.02
Additional Paid-In Capital	70.54	63.98	54.15	54.15	41.59	40.07
Retained Earnings	-48.75	-45.93	-39.58	-36.94	-33.82	-27.73
Comprehensive Income & Other	0.11	0.1	0.1	0.09	0.03	-
Total Common Equity	21.93	18.19	14.69	17.32	7.82	12.36
Shareholders' Equity	21.93	18.19	14.69	17.32	7.82	12.36
Total Liabilities & Equity	25.22	21.91	17.72	20.57	12.09	15.58
Total Debt	0.71	0.88	1.1	0.4	1.98	1.98
Net Cash (Debt)	7.86	3.69	0.91	5.49	-1.39	4.92
Net Cash Growth	-	304.63%	-83.38%	-	-	-46.11%
Net Cash Per Share	0.56	0.32	0.09	0.62	-0.19	0.67
Filing Date Shares Outstanding	14.99	13.91	10.2	10.14	7.46	7.41
Total Common Shares Outstanding	14.99	13.6	10.14	10.14	7.45	7.41
Working Capital	8.4	4.15	4.47	6.65	0.7	9.41
Book Value Per Share	1.46	1.34	1.45	1.71	1.05	1.67
Tangible Book Value	21.93	18.19	14.69	17.32	7.82	12.36
Tangible Book Value Per Share	1.46	1.34	1.45	1.71	1.05	1.67
Buildings	-	0	0	0	0	0
Machinery	-	1.51	1.51	1.51	1.51	1.51
Leasehold Improvements	-	0.32	0.32	0.32	0.32	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q