Mount Logan Capital Inc. (MLCI)

Mount Logan Capital Balance Sheet

Financials in millions USD. 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	133.75	85.99	90.22	65.9	44.17
Trading Asset Securities	0.48	-	-	-	-
Accounts Receivable	-	3.27	2.6	1.39	1.18
Other Receivables	-	39.76	27.94	22.91	19.18
Goodwill	30.19	55.02	55.02	55.02	55.02
Other Intangible Assets	13.41	27.25	31.22	23.95	24.5
Investments in Debt & Equity Securities	1,107	1,067	1,035	902.14	907.12
Restricted Cash	9.97	15.72	-	0.05	0.14
Other Current Assets	-	0.1	0.11	0.37	0.45
Long-Term Deferred Tax Assets	-	2.96	1.82	1.56	0.94
Other Long-Term Assets	299.34	392.38	444.3	470.95	340.56
Total Assets	1,601	1,690	1,689	1,544	1,393
Accounts Payable	-	5.1	13.09	24.33	5.29
Accrued Expenses	20.03	3	20.52	3.65	3.64
Current Portion of Long-Term Debt	-	4	1.35	1.19	1.02
Other Current Liabilities	11.84	10.47	12.11	1.11	-
Long-Term Debt	94.89	94.37	74.93	54.23	43.94
Long-Term Unearned Revenue	-	-	-	-	1.41
Other Long-Term Liabilities	1,383	1,515	1,515	1,397	1,253
Total Liabilities	1,510	1,632	1,637	1,482	1,308
Common Stock	0.01	116.12	115.61	108.06	108.06
Additional Paid-In Capital	177.1	7.92	7.24	7.24	7.24
Retained Earnings	-120.75	-46.08	-50.17	-32.3	-9.26
Comprehensive Income & Other	34.59	-20.73	-20.73	-20.73	-20.73
Shareholders' Equity	90.96	57.22	51.95	62.27	85.31
Total Liabilities & Equity	1,601	1,690	1,689	1,544	1,393
Total Debt	94.89	98.37	76.28	55.42	44.96
Net Cash (Debt)	39.35	-12.39	13.94	10.48	-0.79
Net Cash Growth	-	-	33.07%	-	-
Net Cash Per Share	4.58	-1.86	2.46	1.97	-0.18
Filing Date Shares Outstanding	11.2	6.79	6.1	5.26	5.26
Total Common Shares Outstanding	12.79	6.13	6.1	5.26	5.26
Working Capital	112.34	122.27	73.8	60.34	55.16
Book Value Per Share	7.11	9.33	8.52	11.85	16.23
Tangible Book Value	47.36	-25.04	-34.29	-16.69	5.79
Tangible Book Value Per Share	3.70	-4.08	-5.62	-3.18	1.10

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