MSB: Mesabi Trust Financial Statements
Balance sheet, income statement, and cash flow statements for Mesabi Trust (MSB).
$309.63M Market Cap.
MSB Market Cap. (MRY)
MSB Shares Outstanding (MRY)
MSB Assets (MRY)
Total Assets
$101.73M
Total Liabilities
$78.40M
Total Investments
$0
MSB Income (MRY)
Revenue
$98.60M
Net Income
$93.27M
Operating Expense
$5.32M
MSB Cash Flow (MRY)
CF Operations
$93.94M
CF Investing
$0
CF Financing
-$17.71M
MSB Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $101,728,455 (281.14%) | $26,690,352 (89.06%) | $14,117,298 (-73.81%) | $53,913,213 (135.13%) |
Assets Current | $101,728,452 (281.14%) | $26,690,349 (89.06%) | $14,117,295 (-73.81%) | $53,913,210 (135.13%) |
Assets Non-Current | $3 (0.00%) | $3 (0.00%) | $3 (0.00%) | $3 (0.00%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $23,327,720 (11.22%) | $20,975,146 (83.38%) | $11,438,217 (-62.86%) | $30,794,752 (86.89%) |
Property Plant & Equipment Net | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Cash & Equivalents | $100,204,531 (317.86%) | $23,980,448 (71.70%) | $13,966,500 (-70.74%) | $47,727,522 (281.79%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $1,160,761 (-40.79%) | $1,960,358 (8220.00%) | $23,562 (-99.49%) | $4,631,510 (1756.49%) |
Trade & Non-Trade Payables | $78,064,060 (1508.11%) | $4,854,404 (0%) | $0 (0%) | $22,960,018 (280.43%) |
Accumulated Retained Earnings (Deficit) | - | - | - | - |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $78,400,735 (1271.79%) | $5,715,206 (113.33%) | $2,679,081 (-88.41%) | $23,118,461 (258.32%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
MSB Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $98,595,651 (331.26%) | $22,862,029 (195.30%) | $7,741,974 (-89.17%) | $71,459,790 (175.37%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $4,997,771 (40.59%) | $3,554,913 (67.98%) | $2,116,275 (-12.20%) | $2,410,434 (3.86%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $5,321,408 (37.20%) | $3,878,693 (59.43%) | $2,432,889 (-9.69%) | $2,694,045 (5.94%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $93,274,243 (391.35%) | $18,983,336 (257.56%) | $5,309,085 (-92.28%) | $68,765,745 (193.77%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $93,274,243 (391.35%) | $18,983,336 (257.56%) | $5,309,085 (-92.28%) | $68,765,745 (193.77%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $93,274,243 (391.35%) | $18,983,336 (257.56%) | $5,309,085 (-92.28%) | $68,765,745 (193.77%) |
Weighted Average Shares | $13,120,010 (0.00%) | $13,120,010 (0.00%) | $13,120,010 (0.00%) | $13,120,010 (0.00%) |
Weighted Average Shares Diluted | $13,120,010 (0.00%) | $13,120,010 (0.00%) | $13,120,010 (0.00%) | $13,120,010 (0.00%) |
Earning Before Interest & Taxes (EBIT) | $93,274,243 (391.35%) | $18,983,336 (257.56%) | $5,309,085 (-92.28%) | $68,765,745 (193.77%) |
Gross Profit | $98,595,651 (331.26%) | $22,862,029 (195.30%) | $7,741,974 (-89.17%) | $71,459,790 (175.37%) |
Operating Income | $93,274,243 (391.35%) | $18,983,336 (257.56%) | $5,309,085 (-92.28%) | $68,765,745 (193.77%) |
MSB Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $0 (0%) | $0 (0%) | $0 (0%) | $9,906,669 (189.18%) |
Net Cash Flow from Financing | -$17,712,013 (-285.71%) | -$4,592,003 (90.36%) | -$47,625,638 (-26.92%) | -$37,523,229 (-71.26%) |
Net Cash Flow from Operations | $93,936,096 (543.14%) | $14,605,951 (5.35%) | $13,864,616 (-77.94%) | $62,843,141 (202.02%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $76,224,083 (661.18%) | $10,013,948 (129.66%) | -$33,761,022 (-195.84%) | $35,226,581 (1416.24%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $9,906,669 (189.18%) |
Capital Expenditure | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$17,712,013 (-285.71%) | -$4,592,003 (90.36%) | -$47,625,638 (-26.92%) | -$37,523,229 (-71.26%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
MSB Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) |
Profit Margin | 94.60% (13.98%) | 83.00% (20.99%) | 68.60% (-28.69%) | 96.20% (6.65%) |
EBITDA Margin | 94.60% (13.98%) | 83.00% (20.99%) | 68.60% (-28.69%) | 96.20% (6.65%) |
Return on Average Equity (ROAE) | 231.10% (132.03%) | 99.60% (235.35%) | 29.70% (-87.10%) | 230.30% (16.14%) |
Return on Average Assets (ROAA) | 147.00% (72.74%) | 85.10% (299.53%) | 21.30% (-86.24%) | 154.80% (12.01%) |
Return on Sales (ROS) | 94.60% (13.98%) | 83.00% (20.99%) | 68.60% (-28.69%) | 96.20% (6.65%) |
Return on Invested Capital (ROIC) | 2591.00% (291.04%) | 662.60% (863.08%) | 68.80% (-89.02%) | 626.80% (130.19%) |
Dividend Yield | 29.40% (694.59%) | 3.70% (-54.88%) | 8.20% (-44.59%) | 14.80% (159.65%) |
Price to Earnings Ratio (P/E) | 3.32 (-75.38%) | 13.48 (-76.29%) | 56.86 (965.07%) | 5.34 (-61.73%) |
Price to Sales Ratio (P/S) | 3.14 (-71.95%) | 11.2 (-71.31%) | 39.03 (659.74%) | 5.14 (-59.18%) |
Price to Book Ratio (P/B) | 13.27 (8.76%) | 12.2 (-53.80%) | 26.42 (121.59%) | 11.92 (-39.85%) |
Debt to Equity Ratio (D/E) | 3.36 (1135.66%) | 0.27 (16.24%) | 0.23 (-68.84%) | 0.75 (91.58%) |
Earnings Per Share (EPS) | 7.11 (391.29%) | 1.45 (257.28%) | 0.41 (-92.27%) | 5.24 (193.78%) |
Sales Per Share (SPS) | 7.51 (331.15%) | 1.74 (195.42%) | 0.59 (-89.17%) | 5.45 (175.38%) |
Free Cash Flow Per Share (FCFPS) | 7.16 (543.31%) | 1.11 (5.30%) | 1.06 (-77.93%) | 4.79 (202.02%) |
Book Value Per Share (BVPS) | 1.78 (11.19%) | 1.6 (83.37%) | 0.87 (-62.85%) | 2.35 (86.86%) |
Tangible Assets Book Value Per Share (TABVPS) | 7.75 (281.22%) | 2.03 (89.03%) | 1.08 (-73.81%) | 4.11 (135.07%) |
Enterprise Value Over EBIT (EV/EBIT) | 2 (-83.33%) | 12 (-77.78%) | 54 (980.00%) | 5 (-64.29%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 2.29 (-81.34%) | 12.28 (-77.34%) | 54.18 (1059.94%) | 4.67 (-65.88%) |
Asset Turnover | 1.55 (51.61%) | 1.02 (229.58%) | 0.31 (-80.67%) | 1.61 (5.03%) |
Current Ratio | - | - | - | - |
Dividends | $6.93 (862.50%) | $0.72 (-61.70%) | $1.88 (-54.70%) | $4.15 (190.21%) |
Free Cash Flow (FCF) | $93,936,096 (543.14%) | $14,605,951 (5.35%) | $13,864,616 (-77.94%) | $62,843,141 (202.02%) |
Enterprise Value (EV) | $213,722,087 (-8.30%) | $233,058,680 (-18.98%) | $287,649,291 (-10.46%) | $321,237,919 (0.25%) |
Earnings Before Tax (EBT) | $93,274,243 (391.35%) | $18,983,336 (257.56%) | $5,309,085 (-92.28%) | $68,765,745 (193.77%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $93,274,243 (391.35%) | $18,983,336 (257.56%) | $5,309,085 (-92.28%) | $68,765,745 (193.77%) |
Invested Capital | $1,523,924 (-43.76%) | $2,709,904 (1697.04%) | $150,798 (-97.56%) | $6,185,691 (-40.68%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $101,728,455 (281.14%) | $26,690,352 (89.06%) | $14,117,298 (-73.81%) | $53,913,213 (135.13%) |
Market Capitalization | $309,632,236 (20.96%) | $255,971,395 (-15.28%) | $302,153,830 (-17.69%) | $367,097,880 (12.41%) |
Average Equity | $40,355,651 (111.79%) | $19,054,989 (6.60%) | $17,875,886 (-40.13%) | $29,857,508 (152.99%) |
Average Assets | $63,443,842 (184.48%) | $22,301,877 (-10.48%) | $24,913,537 (-43.92%) | $44,421,381 (162.30%) |
Invested Capital Average | $3,599,896 (25.64%) | $2,865,145 (-62.87%) | $7,716,058 (-29.67%) | $10,971,053 (27.63%) |
Shares | 13,120,010 (0.00%) | 13,120,010 (0.00%) | 13,120,010 (0.00%) | 13,120,010 (0.00%) |
