Mayfair Gold Corp. (MINE) Balance Sheet

NYSE American: MINEAssets, liabilities, debt and equity over 5 years.

MINE balance sheet, FY2025

July 31, 2025 · Canadian dollars

C$53.3M assets = C$1.2M liabilities + C$52.1M equity

What it ownsC$53.3MCash & ST investments: C$38.2M (71.7%)Cash & ST investmentsC$38.2M · 72%Receivables: C$166,961 (0.3%)Other current: C$416,890 (0.8%)PP&E: C$14.4M (27.0%)PP&EC$14.4M · 27%Other non-current: C$120,322 (0.2%)=How it is financedC$53.3MCurrent liabilities: C$1.2M (2.2%)Shareholders’ equity: C$52.1M (97.8%)Shareholders’ equityC$52.1M · 98%

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

MINE financial health

Equity / assets97.8%
Equity-funded · of assets funded by shareholders
Goodwill & intangibles0.0%
Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal FY2025.

MINE balance sheet trends, FY2021–FY2025

MetricTrendThenLatestChange
Total assetsC$27.4MFY2021C$53.3MFY2025+18.1%/yr
Total liabilitiesC$2.0MFY2021C$1.2MFY2025−13.0%/yr
Shareholders’ equityC$25.3MFY2021C$52.1MFY2025+19.8%/yr
Cash & short-term investmentsC$12.0MFY2021C$38.2MFY2025+33.5%/yr
Total debtC$68,833FY2021C$9,966FY2022−85.5%/yr
Net cash (debt)C$12.0MFY2021C$6.8MFY2022−C$5.2M
Working capitalC$10.8MFY2021C$37.6MFY2025+C$26.8M
Debt / equity0.00FY20210.00FY20220.00
Shares outstanding37.5MFY202158.2MFY2025+11.6%/yr

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

MINE assets

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

MINE liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

MINE debt vs cash

Total debtCash & ST investmentsNet cash (debt)

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

MINE balance sheet in Canadian dollars

FY2025FY2024FY2023FY2022FY2021
Assets
Cash & short-term investmentsC$38.2MC$9.5MC$13.5MC$6.8MC$12.0M
Cash & equivalentsC$38.2MC$9.5MC$13.5MC$6.8MC$12.0M
ReceivablesC$166,961C$203,700C$284,249C$399,286C$183,266
InventoryC$0C$0C$0C$0C$0
Other current assetsC$416,890C$202,326C$249,811C$107,562C$606,981
Total current assetsC$38.8MC$9.9MC$14.0MC$7.3MC$12.8M
Property, plant & equipment (net)C$14.4MC$14.4MC$14.5MC$14.5MC$14.5M
Goodwill & intangible assetsC$0C$0C$0C$0C$0
Long-term investmentsC$0C$0C$0C$0C$0
Other non-current assetsC$120,322C$152,370C$0C$0C$0
Total assetsC$53.3MC$24.5MC$28.5MC$21.8MC$27.4M
Liabilities
Short-term debt———C$9,966C$58,866
Total current liabilitiesC$1.2MC$749,934C$2.5MC$2.5MC$2.0M
Long-term debtC$0C$0C$0C$0C$0
Lease obligations——C$0C$9,966C$68,833
Other long-term liabilitiesC$0C$0C$0C$0C$9,967
Total liabilitiesC$1.2MC$749,934C$2.5MC$2.5MC$2.0M
Shareholders' equity
Common stock & paid-in capitalC$116.3MC$79.6MC$66.5MC$46.3MC$37.4M
Retained earnings (deficit)−C$70.5M−C$60.5M−C$47.8M−C$31.9M−C$13.7M
Total shareholders' equityC$52.1MC$23.7MC$25.9MC$19.3MC$25.3M
Key figures
Total debt———C$9,966C$68,833
Net cash (debt)———C$6.8MC$12.0M
Working capitalC$37.6MC$9.2MC$11.5MC$4.8MC$10.8M
Tangible book valueC$52.1MC$23.7MC$25.9MC$19.3MC$25.3M
Shares outstanding58.2M52.1M47.1M41.5M37.5M
Current ratio33.2113.255.512.916.33
Quick ratio32.8612.985.412.876.03
Debt / equity———0.000.00
Equity / assets97.8%96.9%91.1%88.5%92.6%

Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported (latest annual report filed December 31, 2025); data from EODHD.

MINE financial position

At the end of fiscal 2025 (July 31, 2025), Mayfair Gold had total assets of C$53.3 million (up 117.5% from a year earlier), total liabilities of C$1.2 million and shareholders' equity of C$52.1 million. Its current ratio was 33.21. In the latest quarter (ended July 31, 2026) total assets were C$42.3 million and equity C$39.5 million.

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

MINE balance sheet FAQ

What are Mayfair Gold's total assets?

Mayfair Gold reported total assets of C$53.3 million at the end of fiscal 2025 (July 31, 2025), compared with C$24.5 million a year earlier.

How much cash does Mayfair Gold have?

Mayfair Gold held C$38.2 million in cash and short-term investments at the end of fiscal 2025.

What is Mayfair Gold's book value?

Mayfair Gold's shareholders' equity (book value) was C$52.1 million at the end of fiscal 2025.

What is Mayfair Gold's current ratio?

Mayfair Gold had current assets of C$38.8 million and current liabilities of C$1.2 million, a current ratio of 33.21 (it can cover its short-term obligations).

Gold: balance sheet