Mesabi Trust (MSB) Financial Statements (2023 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)
| 10/31/2021 TTM | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 9,907 | 14,101 | 32,332 | 24,112 | 14,151 | 2,587 | |||
| Cash and cash equivalents | 769 | 210 | 315 | 13,695 | 2,587 | ||||
| Short-term investments | 9,907 | 13,332 | 32,122 | 23,797 | 456 | ||||
| Receivables | 249 | 70 | 2,339 | ||||||
| Prepaid expense | 95 | 68 | 54 | 55 | 54 | 55 | |||
| Contract with customer, asset | 192 | 56 | ✕ | ✕ | ✕ | ||||
| Other undisclosed current assets | 12,678 | 9,217 | 672 | 1,956 | 45 | 6,719 | |||
| Total current assets: | 22,929 | 23,647 | 35,454 | 26,123 | 14,250 | 9,361 | |||
| Noncurrent Assets | |||||||||
| Other undisclosed noncurrent assets | 0 | 0 | 0 | 0 | 0 | 456 | |||
| Total noncurrent assets: | 0 | 0 | 0 | 0 | 0 | 456 | |||
| TOTAL ASSETS: | 22,929 | 23,647 | 35,454 | 26,123 | 14,250 | 9,817 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 6,035 | 9,184 | 18,237 | 15,482 | 1,837 | 656 | |||
| Interest and dividends payable | 6,035 | 9,184 | 18,237 | 15,482 | 1,837 | 656 | |||
| Total current liabilities: | 6,035 | 9,184 | 18,237 | 15,482 | 1,837 | 656 | |||
| Noncurrent Liabilities | |||||||||
| Other undisclosed liabilities | 417 | 2,632 | 412 | 134 | 2,208 | 172 | |||
| Total liabilities: | 6,452 | 11,816 | 18,648 | 15,616 | 4,044 | 828 | |||
| Stockholders' equity | |||||||||
| Other undisclosed stockholders' equity | 16,477 | 11,831 | 16,806 | 10,507 | 10,205 | 8,989 | |||
| Total stockholders' equity: | 16,477 | 11,831 | 16,806 | 10,507 | 10,205 | 8,989 | |||
| TOTAL LIABILITIES AND EQUITY: | 22,929 | 23,647 | 35,454 | 26,123 | 14,250 | 9,817 | |||
Income Statement (P&L) ($ in thousands)
| 10/31/2021 TTM | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 25,951 | 31,991 | 47,294 | 34,568 | 10,737 | 9,722 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (2,543) | (1,935) | (1,735) | |||||
| Gross profit: | 23,408 | 30,056 | 45,559 | 34,568 | 10,737 | 9,722 | ||
| Operating expenses | (1,519) | (1,072) | (1,123) | (1,163) | ||||
| Other operating expense, net (Other Expenses) | (343) | |||||||
| Operating income: | 21,546 | 30,056 | 45,559 | 33,496 | 9,613 | 8,559 | ||
| Nonoperating income (Investment Income, Nonoperating) | 35 | |||||||
| Income before gain (loss) on sale of properties: | 21,581 | 30,056 | 45,559 | 33,496 | 9,613 | 8,559 | ||
| Other undisclosed net income | 1,826 | |||||||
| Net income available to common stockholders, diluted: | 23,408 | 30,056 | 45,559 | 33,496 | 9,613 | 8,559 | ||
Comprehensive Income ($ in thousands)
| 10/31/2021 TTM | 1/31/2021 | 1/31/2020 | 1/31/2019 | 1/31/2018 | 1/31/2017 | 1/31/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 23,408 | 30,056 | 45,559 | 33,496 | 9,613 | 8,559 | ||
| Comprehensive income, net of tax, attributable to parent: | 23,408 | 30,056 | 45,559 | 33,496 | 9,613 | 8,559 | ||
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.