Mesabi Trust
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Mesabi Trust's balance sheet done over the years? Its assets were worth $26,690,352 last year, which is more than in the previous period. 21% of Mesabi Trust’s total assets is currently financed by debt. Its liabilities reached the amount of $5,715,206, which means an increase by 113% compared compared to last year.
Debt to Assets
| 2015 | 10097620 | 8.48M | 84.04% |
|---|---|---|---|
| 2016 | 9816961 | 827.79K | 8.43% |
| 2017 | 14249882 | 4.04M | 28.38% |
| 2018 | 26123020 | 15.61M | 59.78% |
| 2019 | 35454014 | 18.64M | 52.6% |
| 2020 | 23647374 | 11.81M | 49.97% |
| 2021 | 22928926 | 6.45M | 28.14% |
| 2022 | 53913213 | 23.11M | 42.88% |
| 2023 | 14117298 | 2.67M | 18.98% |
| 2024 | 26690352 | 5.71M | 21.41% |
MSB Balance Sheet (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 23.98M | 13.96M | 47.72M | 12.50M | 10.17M | 881.81K | 314.83K | 13.69M | 2.58M | 8.71M |
Short term investments | 0 | 0 | 0 | 9.90M | 13.33M | 32.12M | 23.79M | 456.05K | 5.74M | 510.57K |
Net receivables | 2.41M | 23.56K | 6.06M | 426.72K | 69.58K | 2.39M | 1.95M | 45.04K | 978.14K | 558.38K |
Inventory | 0 | 14.09M | 1 | 22.67M | 23.57M | 0 | 0 | 0 | 0 | 0 |
Other current assets | 297.64K | 127.23K | 122.54K | -22.58M | -23.51M | 54.47K | 54.64K | 53.60K | 54.93K | 54.95K |
Total current assets | 26.69M | 14.11M | 53.91M | 22.92M | 23.64M | 35.45M | 26.12M | 14.24M | 9.36M | 9.84M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Long term investments | 0 | 1 | 1 | 1 | 1 | 0 | 0 | 3 | 456.05K | 255.75K |
Other non-current assets | 0 | 150.79K | 4.75M | 344.06K | 137.24K | 0 | 0 | -14.24M | 0 | 0 |
Total non-current assets | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 456.06K | 255.76K |
Total assets | 26.69M | 14.11M | 53.91M | 22.92M | 23.64M | 35.45M | 26.12M | 14.24M | 9.81M | 10.09M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 2.29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 5.71M | 380.96K | 23.11M | 6.45M | 9.30M | 18.64M | 15.61M | 1.94M | 827.79K | 8.48M |
| Non-current liabilities: | ||||||||||
Long term debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | -5.71M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current liabilities | 5.71M | 2.29M | 23.11M | 6.45M | 2.51M | 0 | 0 | 2.09M | 0 | 0 |
Total liabilities | 5.71M | 2.67M | 23.11M | 6.45M | 11.81M | 18.64M | 15.61M | 4.04M | 827.79K | 8.48M |
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