Mesabi Trust (MSB)

Mesabi Trust Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Cash & Equivalents	23.19	100.2	23.98	13.97	47.73	12.5
Short-Term Investments	-	-	-	-	-	9.91
Cash & Short-Term Investments	23.19	100.2	23.98	13.97	47.73	22.41
Cash Growth	-75.82%	317.86%	71.70%	-70.74%	113.00%	-4.69%
Receivables	2.58	1.4	2.41	0.02	6.06	0.43
Prepaid Expenses	0.23	0.12	0.3	0.13	0.12	0.09
Total Current Assets	26	101.73	26.69	14.12	53.91	22.93
Long-Term Investments	0	0	0	0	0	0
Total Assets	26	101.73	26.69	14.12	53.91	22.93
Accrued Expenses	0.45	0.34	0.86	0.38	0.16	0.42
Other Current Liabilities	4.46	78.06	4.85	-	22.96	6.04
Total Current Liabilities	4.91	78.4	5.72	0.38	23.12	6.45
Long-Term Unearned Revenue	-	-	-	2.3	-	-
Total Liabilities	4.91	78.4	5.72	2.68	23.12	6.45
Common Stock	0	0	0	0	0	0
Retained Earnings	-	-	-	-	-	16.48
Comprehensive Income & Other	21.09	23.33	20.98	11.44	30.79	-
Shareholders' Equity	21.09	23.33	20.98	11.44	30.79	16.48
Total Liabilities & Equity	26	101.73	26.69	14.12	53.91	22.93
Net Cash (Debt)	23.19	100.2	23.98	13.97	47.73	22.41
Net Cash Growth	-75.82%	317.86%	71.70%	-70.74%	113.00%	-4.69%
Net Cash Per Share	1.77	7.64	1.83	1.06	3.64	1.71
Filing Date Shares Outstanding	13.12	13.12	13.12	13.12	13.12	13.12
Total Common Shares Outstanding	13.12	13.12	13.12	13.12	13.12	13.12
Working Capital	21.09	23.33	20.98	13.74	30.79	16.48
Book Value Per Share	1.61	1.78	1.60	0.87	2.35	1.26
Tangible Book Value	21.09	23.33	20.98	11.44	30.79	16.48
Tangible Book Value Per Share	1.61	1.78	1.60	0.87	2.35	1.26

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q