Mesabi Trust (MSB) Financial Statements
Price: $27.97
Market Cap: $366.97M
Avg Volume: 73.68K
Market Cap: $366.97M
Avg Volume: 73.68K
Country: US
Industry: Steel
Sector: Basic Materials
Industry: Steel
Sector: Basic Materials
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Mesabi Trust.
Income Statement
| Breakdown | January 31, 2024 | January 31, 2023 | January 31, 2022 | January 31, 2021 | January 31, 2020 | January 31, 2019 | January 31, 2018 | January 31, 2017 | January 31, 2016 | January 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $22.86M | $7.74M | $71.46M | $25.95M | $31.99M | $47.29M | $34.50M | $10.89M | $9.72M | $26.08M |
| Cost of Revenue | $257.06K | $332.35K | $291.19K | $215.37K | $271.45K | $334.02K | $277.39K | $115.34K | $68.86K | $223.39K |
| Gross Profit | $22.60M | $7.41M | $71.17M | $25.74M | $31.72M | $46.96M | $34.22M | $10.77M | $9.65M | $25.86M |
| Gross Profit Ratio | 98.88% | 95.71% | 99.59% | 99.17% | 99.15% | 99.29% | 99.20% | 98.94% | 99.29% | 99.14% |
| Research and Development Expenses | $- | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $- | $- |
| General and Administrative Expenses | $3.51M | $2.08M | $2.38M | $2.28M | $1.73M | $1.54M | $886.26K | $946.30K | $988.64K | $1.14M |
| Selling and Marketing Expenses | $280.86K | $275.07K | $241.49K | $181.04K | $134.68K | $7.24K | $118.39K | $118.49K | $120.08K | $120.11K |
| Selling General and Administrative Expenses | $3.79M | $2.35M | $2.62M | $2.47M | $1.86M | $1.66M | $1.00M | $1.06M | $1.11M | $1.26M |
| Other Expenses | $- | $80.33K | $-53.42K | $-342.82K | $-247.62K | $-405.59K | $-51.73K | $-115.34K | $-68.86K | $-248.24K |
| Operating Expenses | $3.29M | $2.43M | $2.69M | $2.54M | $1.94M | $1.73M | $1.07M | $1.12M | $1.16M | $1.31M |
| Cost and Expenses | $3.79M | $2.43M | $2.69M | $2.54M | $1.94M | $1.73M | $1.07M | $1.12M | $1.16M | $1.31M |
| Interest Income | $769.40K | $245.66K | $523.37K | $35.49K | $283.01K | $259.97K | $92.53K | $5.13K | $7.09K | $9.07K |
| Interest Expense | $- | $- | $452.11K | $- | $68.00K | $65.25K | $- | $- | $- | $- |
| Depreciation and Amortization | $-524.41K | $2.43M | $2.69M | $2.54M | $1.94M | $1.73M | $1.07M | $1.12M | $-8.61M | $-24.82M |
| EBITDA | $18.54M | $5.12M | $68.30M | $23.71M | $30.09M | $45.77M | $33.44M | $9.93M | $-53.95K | $-51.86K |
| EBITDA Ratio | 81.11% | 66.08% | 95.57% | 91.39% | 94.05% | 96.78% | 96.95% | 91.18% | -0.55% | -0.20% |
| Operating Income | $19.07M | $5.39M | $68.84M | $23.49M | $30.13M | $45.63M | $33.49M | $9.82M | $8.61M | $24.82M |
| Operating Income Ratio | 83.41% | 69.61% | 96.34% | 90.50% | 94.18% | 96.49% | 97.09% | 90.22% | 88.60% | 95.17% |
| Total Other Income Expenses Net | $-85.27K | $-80.33K | $-76.82K | $-77.83K | $-74.61K | $-72.50K | $-67.33K | $-58.63K | $-53.95K | $-51.86K |
| Income Before Tax | $18.98M | $5.31M | $68.77M | $23.41M | $30.06M | $45.56M | $33.42M | $9.76M | $8.56M | $24.77M |
| Income Before Tax Ratio | 83.03% | 68.58% | 96.23% | 90.20% | 93.95% | 96.33% | 96.89% | 89.68% | 88.04% | 94.97% |
| Income Tax Expense | $- | $-80.33K | $-76.82K | $-77.83K | $-74.61K | $-72.50K | $33.42M | $9.61M | $-53.95K | $-51.86K |
| Net Income | $18.98M | $5.31M | $68.77M | $23.41M | $30.06M | $45.56M | $33.50M | $9.61M | $8.56M | $24.77M |
| Net Income Ratio | 83.03% | 68.58% | 96.23% | 90.20% | 93.95% | 96.33% | 97.10% | 88.30% | 88.04% | 94.97% |
| EPS | $1.45 | $0.40 | $5.24 | $1.78 | $2.29 | $3.47 | $2.55 | $0.74 | $0.65 | $1.89 |
| EPS Diluted | $1.45 | $0.40 | $5.24 | $1.78 | $2.29 | $3.47 | $2.55 | $0.74 | $0.65 | $1.89 |
| Weighted Average Shares Outstanding | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M |
| Weighted Average Shares Outstanding Diluted | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | January 31, 2024 | January 31, 2023 | January 31, 2022 | January 31, 2021 | January 31, 2020 | January 31, 2019 | January 31, 2018 | January 31, 2017 | January 31, 2016 | January 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $23.98M | $13.97M | $47.73M | $12.50M | $10.18M | $881.81K | $314.83K | $13.70M | $2.59M | $8.72M |
| Short Term Investments | $- | $- | $- | $9.91M | $13.33M | $32.12M | $23.80M | $456.06K | $5.74M | $510.57K |
| Cash and Short Term Investments | $23.98M | $13.97M | $47.73M | $22.41M | $23.51M | $33.00M | $24.11M | $14.15M | $8.33M | $9.23M |
| Net Receivables | $2.41M | $23.56K | $6.06M | $426.73K | $69.59K | $2.40M | $1.96M | $45.05K | $978.15K | $558.38K |
| Inventory | $- | $14.09M | $1 | $22.68M | $23.58M | $- | $- | $- | $- | $- |
| Other Current Assets | $297.65K | $127.23K | $122.55K | $94.58K | $67.65K | $54.47K | $54.64K | $53.61K | $54.93K | $54.96K |
| Total Current Assets | $26.69M | $14.12M | $53.91M | $22.93M | $23.65M | $35.45M | $26.12M | $14.25M | $9.36M | $9.84M |
| Property Plant Equipment Net | $2 | $2 | $2 | $2 | $2 | $2 | $2 | $2 | $2 | $2 |
| Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 |
| Goodwill and Intangible Assets | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 | $1 |
| Long Term Investments | $- | $1 | $1 | $1 | $1 | $3 | $3 | $3 | $456.06K | $255.76K |
| Tax Assets | $- | $-150.80K | $-4.75M | $-344.06K | $-137.24K | $35.45M | $26.22M | $14.25M | $-1.03M | $- |
| Other Non-Current Assets | $- | $150.79K | $4.75M | $344.06K | $137.24K | $-35.45M | $-26.22M | $-14.25M | $1.03M | $- |
| Total Non-Current Assets | $3 | $3 | $3 | $3 | $3 | $3 | $3 | $3 | $456.06K | $255.76K |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $26.69M | $14.12M | $53.91M | $22.93M | $23.65M | $35.45M | $26.12M | $14.25M | $9.82M | $10.10M |
| Account Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Short Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $2.30M | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Current Liabilities | $5.72M | $380.96K | $23.12M | $6.45M | $9.30M | $18.65M | $15.62M | $1.94M | $827.79K | $8.49M |
| Total Current Liabilities | $5.72M | $380.96K | $23.12M | $6.45M | $9.30M | $18.65M | $15.62M | $1.94M | $827.79K | $8.49M |
| Long Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $5.72M | $2.30M | $23.12M | $6.45M | $2.51M | $18.65M | $15.62M | $2.10M | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $11.67M | $- | $- | $- | $- | $- | $12.05M | $- | $- |
| Other Non-Current Liabilities | $-5.72M | $- | $-23.12M | $-6.45M | $- | $-18.65M | $-15.62M | $- | $- | $- |
| Total Non-Current Liabilities | $5.72M | $2.30M | $23.12M | $6.45M | $2.51M | $-14.36M | $-8.50M | $2.10M | $827.79K | $- |
| Other Liabilities | $-5.72M | $- | $-23.12M | $-6.45M | $- | $14.36M | $8.50M | $- | $-827.79K | $- |
| Total Liabilities | $5.72M | $2.68M | $23.12M | $6.45M | $11.82M | $18.65M | $15.62M | $4.04M | $827.79K | $8.49M |
| Preferred Stock | $20.98M | $11.44M | $30.79M | $16.48M | $11.83M | $16.81M | $10.61M | $10.21M | $- | $- |
| Common Stock | $3 | $3 | $3 | $3 | $3 | $3 | $3 | $3 | $3 | $3 |
| Retained Earnings | $20.98M | $11.44M | $30.79M | $16.48M | $11.83M | $16.81M | $10.51M | $10.21M | $8.99M | $1.61M |
| Accumulated Other Comprehensive Income Loss | $20.98M | $11.44M | $30.79M | $16.48M | $11.83M | $16.81M | $10.61M | $10.21M | $- | $- |
| Other Total Stockholders Equity | $-41.95M | $-22.88M | $-61.59M | $- | $-23.66M | $- | $99.26K | $- | $- | $- |
| Total Stockholders Equity | $20.98M | $11.44M | $30.79M | $16.48M | $11.83M | $16.81M | $10.51M | $10.21M | $8.99M | $1.61M |
| Total Equity | $-3.01M | $-2.53M | $-16.93M | $-5.93M | $-11.68M | $-16.20M | $-13.60M | $-3.95M | $8.99M | $1.61M |
| Total Liabilities and Stockholders Equity | $26.69M | $14.12M | $53.91M | $22.93M | $23.65M | $35.45M | $26.12M | $14.25M | $9.82M | $10.10M |
| Minority Interest | $-23.98M | $-13.97M | $-47.73M | $-22.41M | $-23.51M | $-33.00M | $-24.11M | $-14.15M | $- | $- |
| Total Liabilities and Total Equity | $26.69M | $14.12M | $53.91M | $22.93M | $23.65M | $35.45M | $26.12M | $14.25M | $9.82M | $10.10M |
| Total Investments | $1 | $1 | $1 | $9.91M | $13.33M | $32.12M | $23.80M | $456.06K | $6.20M | $766.33K |
| Total Debt | $1.96M | $23.56K | $4.63M | $249.48K | $69.59K | $2.40M | $2.06M | $45.05K | $- | $- |
| Net Debt | $-23.98M | $-13.94M | $-43.10M | $-12.25M | $-10.11M | $1.51M | $1.74M | $-13.65M | $-2.59M | $-8.72M |
Cash Flow Statement
| Breakdown | January 31, 2024 | January 31, 2023 | January 31, 2022 | January 31, 2021 | January 31, 2020 | January 31, 2019 | January 31, 2018 | January 31, 2017 | January 31, 2016 | January 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $18.98M | $5.31M | $68.77M | $23.41M | $30.06M | $45.56M | $33.50M | $9.61M | $8.56M | $24.77M |
| Depreciation and Amortization | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $-4.38M | $8.56M | $-5.92M | $-2.60M | $4.53M | $-62.38K | $-3.99M | $2.97M | $-337.63K | $-496.75K |
| Accounts Receivables | $-2.39M | $6.04M | $-5.64M | $-357.14K | $2.33M | $-340.06K | $-1.84M | $933.10K | $-419.76K | $-495.13K |
| Inventory | $- | $- | $- | $2.87M | $-4.84M | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $-2.51M | $2.51M | $- | $- | $- | $- | $- |
| Other Working Capital | $-1.99M | $2.52M | $-286.19K | $-2.60M | $4.53M | $-62.38K | $-3.99M | $2.97M | $-337.63K | $-496.75K |
| Other Non Cash Items | $- | $-6.04M | $5.64M | $2.87M | $-4.84M | $340.06K | $1.84M | $-933.10K | $419.76K | $- |
| Net Cash Provided by Operating Activities | $14.61M | $13.86M | $62.84M | $20.81M | $34.59M | $45.50M | $29.51M | $12.58M | $8.22M | $24.27M |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $-115.22M | $-41.04M | $-87.18M | $-71.64M | $-90.26M | $-60.98M | $- | $-5.94M | $-255.76K |
| Sales Maturities of Investments | $- | $115.22M | $50.94M | $90.60M | $90.43M | $81.94M | $37.64M | $5.74M | $510.57K | $205.06K |
| Other Investing Activities | $- | $- | $9.91M | $3.43M | $18.79M | $-8.32M | $-23.34M | $5.74M | $-5.43M | $-50.70K |
| Net Cash Used for Investing Activities | $- | $- | $9.91M | $3.43M | $18.79M | $-8.32M | $-23.34M | $5.74M | $-5.43M | $-50.70K |
| Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-4.59M | $-47.63M | $-37.52M | $-21.91M | $-44.08M | $-36.60M | $-19.55M | $-7.22M | $-8.92M | $-23.22M |
| Other Financing Activities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Cash Used Provided by Financing Activities | $-4.59M | $-47.63M | $-37.52M | $-21.91M | $-44.08M | $-36.60M | $-19.55M | $-7.22M | $-8.92M | $-23.22M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Net Change in Cash | $10.01M | $-33.76M | $35.23M | $2.32M | $9.30M | $566.98K | $-13.38M | $11.11M | $-6.13M | $997.98K |
| Cash at End of Period | $23.98M | $13.97M | $47.73M | $12.50M | $10.18M | $881.81K | $314.83K | $13.70M | $2.59M | $8.72M |
| Cash at Beginning of Period | $13.97M | $47.73M | $12.50M | $10.18M | $881.81K | $314.83K | $13.70M | $2.59M | $8.72M | $7.72M |
| Operating Cash Flow | $14.61M | $13.86M | $62.84M | $20.81M | $34.59M | $45.50M | $29.51M | $12.58M | $8.22M | $24.27M |
| Capital Expenditure | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Free Cash Flow | $14.61M | $13.86M | $62.84M | $20.81M | $34.59M | $45.50M | $29.51M | $12.58M | $8.22M | $24.27M |