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	Jul 31, 2025	Jan 31, 2025	Jan 31, 2024	Jan 31, 2023	Jan 31, 2022	Jan 31, 2021
Cash & Equivalents	21.25	100.2	23.98	13.97	47.73	12.5
Short-Term Investments	-	-	-	-	-	9.91
Cash & Short-Term Investments	21.25	100.2	23.98	13.97	47.73	22.41
Cash Growth	-1.77%	317.86%	71.70%	-70.74%	113.00%	-4.69%
Receivables	3.21	1.4	2.41	0.02	6.06	0.43
Prepaid Expenses	0.32	0.12	0.3	0.13	0.12	0.09
Total Current Assets	24.78	101.73	26.69	14.12	53.91	22.93
Long-Term Investments	0	0	0	0	0	0
Total Assets	24.78	101.73	26.69	14.12	53.91	22.93
Accrued Expenses	0.42	0.34	0.86	0.38	0.16	0.42
Other Current Liabilities	1.57	78.06	4.85	-	22.96	6.04
Total Current Liabilities	2	78.4	5.72	0.38	23.12	6.45
Long-Term Unearned Revenue	-	-	-	2.3	-	-
Total Liabilities	2	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	22.78	23.33	20.98	11.44	30.79	-
Shareholders' Equity	22.78	23.33	20.98	11.44	30.79	16.48
Total Liabilities & Equity	24.78	101.73	26.69	14.12	53.91	22.93
Net Cash (Debt)	21.25	100.2	23.98	13.97	47.73	22.41
Net Cash Growth	-1.77%	317.86%	71.70%	-70.74%	113.00%	-4.69%
Net Cash Per Share	1.62	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	22.78	23.33	20.98	13.74	30.79	16.48
Book Value Per Share	1.74	1.78	1.60	0.87	2.35	1.26
Tangible Book Value	22.78	23.33	20.98	11.44	30.79	16.48
Tangible Book Value Per Share	1.74	1.78	1.60	0.87	2.35	1.26

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

SEC Filings: 10-K · 10-Q