NYSE : MSB
Mesabi Trust — Financial statements
Materials · Steel · United States
Last price 18.12 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 237.73M
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Financial statements
Mesabi Trust (MSB) reported revenue of 11.91M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 11.21M | 16.57M | 25.46M | 22.09M | 7.50M | 70.94M |
| Other Revenue | 698.57K | 953.58K | 1.96M | 769.40K | 245.66K | 523.37K |
| Revenue | 11.91M | 17.52M | 27.41M | 22.86M | 7.74M | 71.46M |
| Gross Profit | 11.91M | 17.52M | 27.41M | 22.86M | 7.74M | 71.46M |
| Selling, General & Admin | 5.33M | 3.56M | 5.24M | 3.79M | 2.35M | 2.62M |
| Operating Expenses | 5.33M | 3.56M | 5.24M | 3.79M | 2.35M | 2.62M |
| Operating Income | 6.58M | 13.96M | 22.17M | 19.07M | 5.39M | 68.84M |
| Other Non Operating Income (Expenses) | -91.33K | -91.33K | -84.49K | -85.27K | -80.33K | -76.82K |
| EBT Excluding Unusual Items | 6.49M | 13.87M | 22.09M | 18.98M | 5.31M | 68.77M |
| Other Unusual Items | 71.19M | |||||
| Pretax Income | 6.49M | 13.87M | 93.27M | 18.98M | 5.31M | 68.77M |
| Net Income | 6.49M | 13.87M | 93.27M | 18.98M | 5.31M | 68.77M |
| Net Income to Common | 6.49M | 13.87M | 93.27M | 18.98M | 5.31M | 68.77M |
| Shares Outstanding (Basic) | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M |
| Shares Outstanding (Diluted) | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M |
| EPS (Basic) | 0.49 | 1.06 | 7.11 | 1.45 | 0.40 | 5.24 |
| EPS (Diluted) | 0.49 | 1.06 | 7.11 | 1.45 | 0.40 | 5.24 |
| Dividend Per Share | 0.89 | 1.28 | 6.93 | 0.72 | 1.88 | 4.15 |
| Gross Margin | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Operating Margin | 55.23% | 79.66% | 80.89% | 83.41% | 69.61% | 96.34% |
| Profit Margin | 54.46% | 79.14% | 340.28% | 83.03% | 68.58% | 96.23% |
| EBIT | 6.58M | 13.96M | 22.17M | 19.07M | 5.39M | 68.84M |
| EBIT Margin | 55.23% | 79.66% | 80.89% | 83.41% | 69.61% | 96.34% |
| Revenue as Reported | 11.91M | 17.52M | 98.60M | 22.86M | 7.74M | 71.46M |
Balance sheet
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 17.39M | 23.16M | 100.20M | 23.98M | 13.97M | 47.73M |
| Cash & Short-Term Investments | 17.39M | 23.16M | 100.20M | 23.98M | 13.97M | 47.73M |
| Receivables | 2.02M | 1.05M | 1.40M | 2.41M | 23.56K | 6.06M |
| Prepaid Expenses | 439.66K | 147.37K | 122.52K | 297.65K | 127.23K | 122.55K |
| Total Current Assets | 19.84M | 24.36M | 101.73M | 26.69M | 14.12M | 53.91M |
| Long-Term Investments | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Total Assets | 19.84M | 24.36M | 101.73M | 26.69M | 14.12M | 53.91M |
| Accrued Expenses | 1.60M | 542.25K | 336.68K | 860.80K | 380.96K | 158.44K |
| Other Current Liabilities | 656.00K | 3.41M | 78.06M | 4.85M | 22.96M | |
| Total Current Liabilities | 2.25M | 3.95M | 78.40M | 5.72M | 380.96K | 23.12M |
| Long-Term Unearned Revenue | 2.30M | |||||
| Total Liabilities | 2.25M | 3.95M | 78.40M | 5.72M | 2.68M | 23.12M |
| Common Stock | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 | 3.00 |
| Comprehensive Income & Other | 17.59M | 20.40M | 23.33M | 20.98M | 11.44M | 30.79M |
| Shareholders' Equity | 17.59M | 20.40M | 23.33M | 20.98M | 11.44M | 30.79M |
| Total Liabilities & Equity | 19.84M | 24.36M | 101.73M | 26.69M | 14.12M | 53.91M |
| Net Cash (Debt) | 17.39M | 23.16M | 100.20M | 23.98M | 13.97M | 47.73M |
| Net Cash Per Share | 1.33 | 1.77 | 7.64 | 1.83 | 1.06 | 3.64 |
| Filing Date Shares Outstanding | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M |
| Total Common Shares Outstanding | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M | 13.12M |
| Working Capital | 17.59M | 20.40M | 23.33M | 20.98M | 13.74M | 30.79M |
| Book Value Per Share | 1.34 | 1.56 | 1.78 | 1.60 | 0.87 | 2.35 |
| Tangible Book Value | 17.59M | 20.40M | 23.33M | 20.98M | 11.44M | 30.79M |
| Tangible Book Value Per Share | 1.34 | 1.56 | 1.78 | 1.60 | 0.87 | 2.35 |
Cash flow statement
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 6.49M | 13.87M | 93.27M | 18.98M | 5.31M | 68.77M |
| Change in Accounts Receivable | 1.19M | 355.06K | 1.01M | -2.39M | 6.04M | -5.64M |
| Change in Unearned Revenue | -2.30M | 2.30M | ||||
| Change in Other Net Operating Assets | 1.05M | 180.72K | -349.00K | 309.43K | 217.83K | -286.19K |
| Operating Cash Flow | 8.73M | 14.40M | 93.94M | 14.61M | 13.86M | 62.84M |
| Investment in Securities | 9.91M | |||||
| Investing Cash Flow | 9.91M | |||||
| Common Dividends Paid | -12.60M | -91.45M | -17.71M | -4.59M | -47.63M | -37.52M |
| Financing Cash Flow | -12.60M | -91.45M | -17.71M | -4.59M | -47.63M | -37.52M |
| Net Cash Flow | -3.86M | -77.04M | 76.22M | 10.01M | -33.76M | 35.23M |
| Levered Free Cash Flow | 5.44M | -65.39M | 87.73M | 14.69M | -13.33M | 54.03M |
| Unlevered Free Cash Flow | 5.44M | -65.39M | 87.73M | 14.69M | -13.33M | 54.03M |
| Change in Working Capital | 2.25M | 535.78K | 661.85K | -4.38M | 8.56M | -5.92M |
Ratios
Fiscal year February - January; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 230.78M | 431.65M | 309.63M | 255.97M | 302.15M | 367.10M |
| Enterprise Value | 213.40M | 408.46M | 213.72M | 233.06M | 287.65M | 321.24M |
| Last Close Price | 17.71 | 32.53 | 22.40 | 14.52 | 16.54 | 18.74 |
| PE Ratio | 35.58 | 31.12 | 3.32 | 13.48 | 56.91 | 5.34 |
| Forward PE | 13.80 | 13.80 | 13.80 | 13.80 | 13.80 | |
| PS Ratio | 19.95 | 24.63 | 11.30 | 11.20 | 39.03 | 5.14 |
| PB Ratio | 13.21 | 21.16 | 13.27 | 12.20 | 26.42 | 11.92 |
| P/TBV Ratio | 13.51 | 21.16 | 13.27 | 12.20 | 26.42 | 11.92 |
| P/OCF Ratio | 27.21 | 29.97 | 3.30 | 17.52 | 21.79 | 5.84 |
| EV/Sales Ratio | 18.49 | 23.31 | 7.80 | 10.19 | 37.16 | 4.50 |
| EV/EBIT Ratio | 33.48 | 29.26 | 9.64 | 12.22 | 53.37 | 4.67 |
| Net Debt / Equity Ratio | -0.99 | -1.14 | -4.30 | -1.14 | -1.22 | -1.55 |
| Asset Turnover | 0.53 | 0.28 | 0.43 | 1.12 | 0.23 | 1.86 |
| Quick Ratio | 8.61 | 6.12 | 1.30 | 4.62 | 36.72 | 2.33 |
| Current Ratio | 8.81 | 6.16 | 1.30 | 4.67 | 37.06 | 2.33 |
| Return on Equity (ROE) | 32.13% | 63.43% | 421.07% | 117.13% | 25.14% | 290.94% |
| Return on Assets (ROA) | 18.43% | 13.84% | 21.58% | 58.41% | 9.90% | 111.99% |
| Return on Capital Employed (ROCE) | 37.40% | 68.40% | 95.10% | 90.90% | 39.20% | 223.60% |
| Earnings Yield | 2.81% | 3.21% | 30.12% | 7.42% | 1.76% | 18.73% |
| Dividend Yield | 7.19% | 3.89% | 29.36% | 3.69% | 8.16% | 14.83% |
| Payout Ratio | 180.03% | 659.37% | 18.99% | 24.19% | 897.06% | 54.57% |
| Total Shareholder Return | 7.06% | 3.89% | 29.36% | 3.69% | 8.16% | 14.83% |