Mesabi Trust (MSB) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
P O BOX 318 CHURCH ST STATION NEW YORK, NY 10008-0318 |
| State of Incorp. | NY |
| Fiscal Year End | January 31 |
| Industry (SIC) | 6795 - Mineral Royalty Traders (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 10/31/2024 MRQ | 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 23,980 | 13,967 | 47,728 | 9,907 | 14,101 | 32,332 | |||
| Cash and cash equivalent | 23,980 | 13,967 | 47,728 | 769 | 210 | ||||
| Short-term investments | 9,907 | 13,332 | 32,122 | ||||||
| Receivables | 1,960 | 24 | 4,632 | 249 | 70 | 2,339 | |||
| Prepaid expense | 298 | 127 | 123 | 95 | 68 | 54 | |||
| Contract with customer, asset, after allowance for credit loss | 1,432 | 192 | 56 | ||||||
| Derivative instruments and hedges, assets | 452 | ||||||||
| Other undisclosed current assets | 12,678 | 9,217 | 672 | ||||||
| Total current assets: | 26,690 | 14,117 | 53,913 | 22,929 | 23,647 | 35,454 | |||
| Noncurrent Assets | |||||||||
| Other undisclosed noncurrent assets | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Total noncurrent assets: | 0 | 0 | 0 | 0 | 0 | 0 | |||
| TOTAL ASSETS: | 26,690 | 14,117 | 53,913 | 22,929 | 23,647 | 35,454 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 4,854 | 22,960 | 6,035 | 9,184 | 18,237 | ||||
| Interest and dividends payable | ✕ | ✕ | ✕ | 22,960 | 6,035 | 9,184 | 18,237 | ||
| Accrued liabilities | 4,854 | ||||||||
| Total current liabilities: | 4,854 | 22,960 | 6,035 | 9,184 | 18,237 | ||||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 861 | 2,679 | 158 | 417 | 2,632 | 412 | |||
| Total liabilities: | 5,715 | 2,679 | 23,118 | 6,452 | 11,816 | 18,648 | |||
| Equity | |||||||||
| Other undisclosed equity | 20,975 | 11,438 | 30,795 | 16,477 | 11,831 | 16,806 | |||
| Total equity: | 20,975 | 11,438 | 30,795 | 16,477 | 11,831 | 16,806 | |||
| TOTAL LIABILITIES AND EQUITY: | 26,690 | 14,117 | 53,913 | 22,929 | 23,647 | 35,454 | |||
Income Statement (P&L) ($ in thousands)
| 10/31/2024 TTM | 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 22,862 | 7,742 | 71,460 | 25,951 | 31,991 | 47,294 | ||
| Cost of revenue (Cost of Product and Service Sold) | (3,879) | (2,433) | (2,694) | (2,543) | (1,935) | (1,735) | ||
| Gross profit: | 18,983 | 5,309 | 68,766 | 23,408 | 30,056 | 45,559 | ||
| Operating expenses | (1,791) | (1,519) | ||||||
| Other operating expense, net (Other Expenses) | (53) | (343) | ||||||
| Operating income: | 18,983 | 5,309 | 66,921 | 21,546 | 30,056 | 45,559 | ||
| Nonoperating income (Investment Income, Nonoperating) | 35 | |||||||
| Income from continuing operations: | 18,983 | 5,309 | 66,921 | 21,581 | 30,056 | 45,559 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 66,921 | 21,581 | 30,056 | 45,559 | |
| Other undisclosed net income | 1,844 | 1,826 | ||||||
| Net income available to common stockholders, diluted: | 18,983 | 5,309 | 68,766 | 23,408 | 30,056 | 45,559 | ||
Comprehensive Income ($ in thousands)
| 10/31/2024 TTM | 1/31/2024 | 1/31/2023 | 1/31/2022 | 1/31/2021 | 1/31/2020 | 1/31/2019 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 18,983 | 5,309 | 68,766 | 23,408 | 30,056 | 45,559 | ||
| Comprehensive income, net of tax, attributable to parent: | 18,983 | 5,309 | 68,766 | 23,408 | 30,056 | 45,559 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.