IsoEnergy Ltd. (ISOU) Balance Sheet

NYSE American: ISOUAssets, liabilities, debt and equity over 10 years.

ISOU balance sheet, 2025

December 31, 2025 · Canadian dollars

C$416.6M assets = C$15.5M liabilities + C$401.1M equity

Both columns are drawn to the same scale: what ISOU owns equals what it owes plus shareholders’ equity. Hover a block for its value.

ISOU financial health

Current ratio9.60

Comfortable · current assets cover current liabilities 9.60×

Debt / equity0.02

Low leverage · C$0.02 of debt for each $1 of equity

Equity / assets96.3%

Equity-funded · of assets funded by shareholders

Cash / debt1,892.0%

Cash covers debt · cash & short-term investments vs total debt

Goodwill & intangibles0.0%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

ISOU balance sheet trends, 2016–2025

IsoEnergy Ltd. balance sheet trends
Metric	Then	Latest	Change
Total assets	C$39.8M2016	C$416.6M2025	+29.8%/yr
Total liabilities	C$604,8972016	C$15.5M2025	+43.4%/yr
Shareholders’ equity	C$39.2M2016	C$401.1M2025	+29.5%/yr
Cash & short-term investments	C$6.5M2016	C$116.3M2025	+37.8%/yr
Total debt	C$209,2312019	C$6.1M2025	+75.7%/yr
Net cash (debt)	C$6.4M2019	C$110.1M2025	+C$103.7M
Working capital	C$6.2M2016	C$106.5M2025	+C$100.3M
Current ratio	14.322016	9.602025	−4.72
Debt / equity	0.002019	0.022025	+0.01
Shares outstanding	5.5M2016	51.0M2025	+28.2%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

ISOU assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

ISOU liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

ISOU debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

ISOU balance sheet in Canadian dollars

IsoEnergy Ltd. annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	C$116.3M	C$52.5M	C$54.1M	C$25.7M	C$22.9M	C$14.0M	C$6.6M	C$6.4M	C$3.3M	C$6.5M
Cash & equivalents	C$62.9M	C$21.3M	C$37.0M	C$19.9M	C$13.6M	C$14.0M	C$6.6M	C$6.4M	C$3.3M	C$6.5M
Short-term investments	C$53.4M	C$31.2M	C$17.0M	C$5.8M	C$9.3M	—	—	—	—	—
Receivables	C$546,347	C$6.6M	C$814,022	C$46,061	C$129,079	C$67,967	C$24,539	C$65,492	C$21,910	C$159,440
Inventory	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0
Other current assets	C$2.1M	C$489,921	C$378,247	C$167,279	C$107,253	C$197,419	C$184,245	C$89,317	C$45,449	C$54,700
Total current assets	C$118.9M	C$59.6M	C$55.3M	C$25.9M	C$23.2M	C$14.3M	C$6.8M	C$6.6M	C$3.4M	C$6.7M
Property, plant & equipment (net)	C$15.8M	C$278.5M	C$289.4M	C$71.2M	C$61.0M	C$53.9M	C$48.2M	C$43.5M	C$39.1M	C$33.1M
Goodwill & intangible assets	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0
Long-term investments	C$3.0M	C$2.7M	C$2.5M	C$0	C$0	C$0	C$0	C$0	C$0	C$0
Other non-current assets	C$278.9M	C$0	C$0	C$0	C$0	C$9,274	C$9,274	C$9,274	C$5,452	C$5,452
Total assets	C$416.6M	C$340.8M	C$347.2M	C$97.1M	C$84.2M	C$68.2M	C$55.0M	C$50.1M	C$42.5M	C$39.8M
Liabilities
Short-term debt	C$5.6M	C$30.4M	C$37.6M	C$27.4M	—	C$66,745	C$66,745	—	—	—
Total current liabilities	C$12.4M	C$35.1M	C$41.1M	C$30.0M	C$640,971	C$305,395	C$649,602	C$816,756	C$247,061	C$468,309
Long-term debt	C$0	C$0	C$37.4M	C$27.4M	C$25.1M	C$0	C$0	C$0	C$0	C$0
Lease obligations	C$441,697	C$402,886	C$512,566	C$0	—	—	—	—	—	—
Other long-term liabilities	C$3.1M	C$2.6M	C$0	C$0	C$2.5M	C$14.8M	C$867,552	C$199,366	C$280,740	C$136,588
Total liabilities	C$15.5M	C$37.7M	C$44.2M	C$30.9M	C$28.3M	C$15.1M	C$1.5M	C$1.0M	C$527,801	C$604,897
Shareholders' equity
Common stock & paid-in capital	C$461.5M	C$362.9M	C$335.0M	C$90.6M	C$78.9M	C$67.5M	C$58.7M	C$52.5M	—	—
Retained earnings (deficit)	−C$103.6M	−C$102.5M	−C$60.4M	−C$41.7M	−C$34.3M	−C$18.6M	−C$9.0M	−C$6.9M	−C$5.0M	−C$2.5M
Accumulated other comprehensive income	C$43.2M	C$9.6M	−C$721,736	C$1.9M	C$4.9M	−C$72,466	—	C$3.4M	C$2.4M	C$1.1M
Total shareholders' equity	C$401.1M	C$303.2M	C$303.0M	C$66.2M	C$55.9M	C$53.1M	C$53.5M	C$49.1M	C$42.0M	C$39.2M
Key figures
Total debt	C$6.1M	C$30.7M	C$75.4M	C$54.8M	C$25.1M	C$14.2M	C$209,231	—	—	—
Net cash (debt)	C$110.1M	C$21.8M	−C$21.3M	−C$29.1M	−C$2.2M	−C$151,067	C$6.4M	—	—	—
Working capital	C$106.5M	C$24.5M	C$14.2M	−C$4.1M	C$22.5M	C$14.0M	C$6.1M	C$5.7M	C$3.1M	C$6.2M
Tangible book value	C$401.1M	C$303.2M	C$303.0M	C$66.2M	C$55.9M	C$53.1M	C$53.5M	C$49.1M	C$42.0M	C$39.2M
Shares outstanding	51.0M	47.4M	28.9M	26.7M	24.6M	21.8M	17.4M	13.3M	10.9M	5.5M
Current ratio	9.60	1.70	1.35	0.86	36.15	46.82	10.46	8.03	13.73	14.32
Quick ratio	9.43	1.68	1.34	0.86	35.98	46.18	10.18	7.92	13.55	14.20
Debt / equity	0.02	0.10	0.25	0.83	0.45	0.27	0.00	—	—	—
Equity / assets	96.3%	88.9%	87.3%	68.2%	66.4%	77.8%	97.2%	98.0%	98.8%	98.5%

IsoEnergy Ltd. quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	C$165.8M	C$183.0M	C$116.3M	C$129.5M	C$125.3M	C$81.3M	C$52.5M	C$68.2M	C$66.6M	C$80.6M	C$54.1M	C$14.2M
Cash & equivalents	C$122.9M	C$130.9M	C$62.9M	C$72.2M	C$84.7M	C$46.2M	C$21.3M	C$35.8M	C$49.1M	C$58.8M	C$37.0M	C$7.0M
Short-term investments	C$43.0M	C$52.2M	C$53.4M	C$57.4M	C$40.7M	C$35.1M	C$31.2M	C$32.5M	C$17.5M	C$21.8M	C$17.0M	C$7.2M
Receivables	C$850,260	C$667,307	C$546,347	C$753,536	C$646,413	C$492,310	C$6.6M	C$662,451	C$341,849	C$678,151	C$814,022	C$194,861
Inventory	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0
Other current assets	C$2.6M	C$2.0M	C$2.1M	C$3.5M	C$2.5M	C$2.4M	C$489,921	C$1.3M	C$9.3M	C$606,140	C$378,247	C$910,045
Total current assets	C$169.3M	C$185.7M	C$118.9M	C$133.7M	C$128.5M	C$84.2M	C$59.6M	C$70.1M	C$76.3M	C$81.9M	C$55.3M	C$15.3M
Property, plant & equipment (net)	C$390.1M	C$16.1M	C$15.8M	C$293.7M	C$279.5M	C$282.1M	C$278.5M	C$307.1M	C$298.3M	C$297.9M	C$289.4M	C$81.4M
Goodwill & intangible assets	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0
Long-term investments	C$3.2M	C$3.1M	C$3.0M	C$3.1M	C$2.6M	C$2.7M	C$2.7M	C$2.6M	C$2.6M	C$2.6M	C$2.5M	C$0
Other non-current assets	C$0	C$290.8M	C$278.9M	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0
Total assets	C$562.5M	C$495.6M	C$416.6M	C$430.6M	C$410.6M	C$369.0M	C$340.8M	C$379.8M	C$377.3M	C$382.5M	C$347.2M	C$96.7M
Liabilities
Short-term debt	C$6.2M	C$6.2M	C$5.6M	C$5.8M	C$16.1M	C$16.7M	C$30.4M	C$37.5M	C$42.3M	C$39.5M	C$37.6M	—
Total current liabilities	C$16.6M	C$10.9M	C$12.4M	C$15.3M	C$27.6M	C$29.5M	C$35.1M	C$42.2M	C$49.0M	C$48.7M	C$41.1M	C$1.8M
Long-term debt	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$0	C$37.4M	C$0
Lease obligations	C$408,986	C$402,130	C$441,697	C$480,327	C$514,567	C$541,102	C$402,886	C$431,339	C$459,091	C$486,161	C$512,566	—
Other long-term liabilities	C$3.7M	C$3.1M	C$3.1M	C$3.1M	C$2.8M	C$2.7M	C$2.6M	C$6.1M	C$3.3M	C$3.1M	C$0	C$47.4M
Total liabilities	C$20.3M	C$14.0M	C$15.5M	C$18.4M	C$30.4M	C$32.2M	C$37.7M	C$48.4M	C$52.3M	C$51.8M	C$44.2M	C$49.2M
Shareholders' equity
Common stock & paid-in capital	C$613.5M	C$546.3M	C$461.5M	C$458.8M	C$444.9M	C$394.1M	C$362.9M	C$362.5M	C$362.4M	C$361.0M	C$335.0M	C$91.5M
Retained earnings (deficit)	−C$111.9M	−C$105.4M	−C$103.6M	−C$99.0M	−C$99.3M	−C$97.4M	−C$102.5M	−C$67.0M	−C$71.2M	−C$65.1M	−C$60.4M	−C$65.0M
Accumulated other comprehensive income	−C$131,681	C$40.8M	C$43.2M	C$15.5M	−C$1.3M	C$4.7M	C$9.6M	C$4.1M	C$4.4M	C$6.4M	−C$721,736	C$1.2M
Total shareholders' equity	C$542.2M	C$481.6M	C$401.1M	C$412.2M	C$380.2M	C$336.8M	C$303.2M	C$331.5M	C$325.0M	C$330.6M	C$303.0M	C$47.5M
Key figures
Total debt	C$6.4M	C$6.4M	C$6.1M	C$6.2M	C$16.5M	C$17.1M	C$30.7M	C$37.8M	C$42.6M	C$39.9M	C$75.4M	C$46.0M
Net cash (debt)	C$159.4M	C$176.6M	C$110.1M	C$123.4M	C$108.8M	C$64.1M	C$21.8M	C$30.4M	C$24.0M	C$40.8M	−C$21.3M	−C$31.8M
Working capital	C$152.7M	C$174.8M	C$106.5M	C$118.5M	C$100.9M	C$54.7M	C$24.5M	C$27.9M	C$27.3M	C$33.2M	C$14.2M	C$13.5M
Tangible book value	C$542.2M	C$481.6M	C$401.1M	C$412.2M	C$380.2M	C$336.8M	C$303.2M	C$331.5M	C$325.0M	C$330.6M	C$303.0M	C$47.5M
Shares outstanding	61.0M	59.0M	54.9M	54.5M	47.7M	47.7M	47.5M	47.5M	44.6M	43.4M	28.4M	27.8M
Current ratio	10.20	17.06	9.60	8.77	4.66	2.86	1.70	1.66	1.56	1.68	1.35	8.32
Quick ratio	10.05	16.88	9.43	8.54	4.57	2.77	1.68	1.63	1.37	1.67	1.34	7.83
Debt / equity	0.01	0.01	0.02	0.01	0.04	0.05	0.10	0.11	0.13	0.12	0.25	0.97
Equity / assets	96.4%	97.2%	96.3%	95.7%	92.6%	91.3%	88.9%	87.3%	86.1%	86.4%	87.3%	49.1%

Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported (latest annual report filed February 27, 2026); data from EODHD.

ISOU financial position

At the end of fiscal 2025 (December 31, 2025), IsoEnergy had total assets of C$416.6 million (up 22.2% from a year earlier), total liabilities of C$15.5 million and shareholders' equity of C$401.1 million. It held C$116.3 million in cash and short-term investments against C$6.1 million of debt, a net cash position of C$110.1 million. Its current ratio was 9.60. In the latest quarter (ended June 30, 2026) total assets were C$562.5 million and equity C$542.2 million.

Related: ISOU income statement, ISOU cash flow statement, ISOU key metrics. See the ISOU stock overview for the latest quote and news.

ISOU balance sheet FAQ

What are IsoEnergy's total assets?

IsoEnergy reported total assets of C$416.6 million at the end of fiscal 2025 (December 31, 2025), compared with C$340.8 million a year earlier.

How much debt does IsoEnergy have?

IsoEnergy had C$6.1 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.02.

How much cash does IsoEnergy have?

IsoEnergy held C$116.3 million in cash and short-term investments at the end of fiscal 2025; with C$6.1 million of debt that is net cash of C$110.1 million.

What is IsoEnergy's book value?

IsoEnergy's shareholders' equity (book value) was C$401.1 million at the end of fiscal 2025.

What is IsoEnergy's current ratio?

IsoEnergy had current assets of C$118.9 million and current liabilities of C$12.4 million, a current ratio of 9.60 (it can cover its short-term obligations).