Trilogy Metals Inc. (TMQ) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 48.02M | 51.92M | 23.73M | 24.7M | 25.33M | 26.05M | 26.1M | 14.08M | 2.15M | 2.88M | 3.52M | 4.24M | 1.87M | 2.91M | 3.63M | 4.13M | 5.11M | 6.61M | 7.33M | 9.17M |
| Cash & Short-Term Investments | 47.78M | 51.61M | 23.37M | 24.62M | 25.21M | 25.83M | 25.74M | 14.02M | 2.01M | 2.59M | 3.05M | 4.17M | 1.68M | 2.57M | 3.13M | 3.5M | 4.85M | 6.31M | 6.83M | 8.45M |
| Cash Only | 47.78M | 51.61M | 23.37M | 24.62M | 25.21M | 25.83M | 25.74M | 14.02M | 2.01M | 2.59M | 3.05M | 4.17M | 1.68M | 2.57M | 3.13M | 3.5M | 4.85M | 6.31M | 6.83M | 8.45M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 112K | 118K | 17K | 20K | 19K | 16K | 8K | 15K | 14K | 33K | 10K | 16K | 26K | 17K | 11K | 12K | 17K | 19K | 16K | 19K |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 106.53M | 105.38M | 105.39M | 106.29M | 107.06M | 107.65M | 108.28M | 121.25M | 134.41M | 135.14M | 137.06M | 140.02M | 141.67M | 143.09M | 147.19M | 156.16M | 158.79M | 160.69M | 164.93M | 170.92M |
| Property, Plant & Equipment | 106K | 117K | 126K | 136K | 145K | 155K | 164K | 17K | 68K | 117K | 194K | 241K | 286K | 331K | 375K | 420K | 585K | 630K | 674K | 598K |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 106.42M | 105.26M | 105.26M | 106.15M | 106.92M | 107.5M | 108.11M | 121.24M | 134.34M | 135.02M | 136.87M | 139.78M | 141.38M | 142.75M | 146.82M | 155.74M | 158.2M | 160.06M | 164.25M | 170.32M |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Assets | 154.54M | 157.3M | 129.12M | 130.98M | 132.39M | 133.7M | 134.38M | 135.34M | 136.56M | 138.02M | 140.58M | 144.26M | 143.54M | 146M | 150.82M | 160.3M | 163.9M | 167.31M | 172.25M | 180.09M |
| Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Asset Growth % | 16.73% | 17.66% | -3.91% | -3.22% | -3.05% | -3.13% | -4.41% | -6.18% | -4.86% | -5.46% | -6.79% | -10.01% | -12.42% | -12.74% | -12.44% | -10.99% | -10.21% | -9.69% | -8.46% | -4.99% |
| Total Current Liabilities | 33M | 33.11M | 373K | 874K | 702K | 793K | 428K | 463K | 464K | 465K | 564K | 728K | 846K | 534K | 692K | 745K | 757K | 1.03M | 561K | 1.09M |
| Accounts Payable | 231K | 646K | 141K | 249K | 297K | 196K | 51K | 85K | 159K | 146K | 92K | 188K | 251K | 188K | 75K | 111K | 195K | 205K | 118K | 603K |
| Days Payables Outstanding | - | - | - | - | - | - | 6.26K | 5.61K | 13.88K | 5.41K | 6.44K | 10.1K | 9.88K | 5.98K | 2.14K | 2.82K | 3K | 2.94K | 6.63K | 8.08K |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 32.26M | 30.74M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 1.46x | 1.57x | 63.63x | 28.26x | 36.08x | 32.84x | 60.98x | 30.42x | 4.64x | 6.20x | 6.23x | 5.82x | 2.21x | 5.45x | 5.25x | 5.55x | 6.75x | 6.41x | 13.06x | 8.44x |
| Quick Ratio | 1.46x | 1.57x | 63.63x | 28.26x | 36.08x | 32.84x | 60.98x | 30.42x | 4.64x | 6.20x | 6.23x | 5.82x | 2.21x | 5.45x | 5.25x | 5.55x | 6.75x | 6.41x | 13.06x | 8.44x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 60K | 70K | 82K | 93K | 98K | 110K | 125K | 0 | 0 | 0 | 0 | 0 | 0 | 33K | 85K | 139K | 188K | 235K | 286K | 347K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 60K | 70K | 82K | 93K | 98K | 110K | 125K | 0 | 0 | 0 | 0 | 0 | 0 | 33K | 85K | 139K | 188K | 235K | 286K | 347K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 33.06M | 33.18M | 455K | 967K | 800K | 903K | 553K | 463K | 464K | 465K | 564K | 728K | 846K | 567K | 777K | 884K | 945K | 1.27M | 847K | 1.43M |
| Total Debt | 103K | 111K | 122K | 132K | 134K | 147K | 162K | 0 | 0 | 33K | 82K | 130K | 176K | 222K | 275K | 331K | 374K | 414K | 462K | 526K |
| Net Debt | -47.68M | -51.5M | -23.25M | -24.48M | -25.08M | -25.69M | -25.58M | -14.02M | -2.01M | -2.56M | -2.97M | -4.04M | -1.51M | -2.35M | -2.86M | -3.17M | -4.47M | -5.89M | -6.37M | -7.92M |
| Debt / Equity | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | - | - | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 121.48M | 124.12M | 128.66M | 130.02M | 131.59M | 132.79M | 133.82M | 134.88M | 136.09M | 137.56M | 140.01M | 143.53M | 142.69M | 145.43M | 150.05M | 159.41M | 162.95M | 166.04M | 171.41M | 178.66M |
| Equity Growth % | -7.68% | -6.53% | -3.85% | -3.6% | -3.31% | -3.46% | -4.42% | -6.03% | -4.62% | -5.41% | -6.69% | -9.96% | -12.43% | -12.41% | -12.46% | -10.77% | -10.19% | -9.67% | -7.99% | -5.17% |
| Book Value per Share | 0.71 | 0.75 | 0.78 | 0.79 | 0.81 | 0.83 | 0.83 | 0.84 | 0.86 | 0.88 | 0.90 | 0.95 | 0.97 | 0.99 | 1.03 | 1.10 | 1.12 | 1.15 | 1.19 | 1.24 |
| Total Shareholders' Equity | 121.48M | 124.12M | 128.66M | 130.02M | 131.59M | 132.79M | 133.82M | 134.88M | 136.09M | 137.56M | 140.01M | 143.53M | 142.69M | 145.43M | 150.05M | 159.41M | 162.95M | 166.04M | 171.41M | 178.66M |
| Common Stock | 227.82M | 225.24M | 192.9M | 192.87M | 192.59M | 190.5M | 190.2M | 190.02M | 189.83M | 187.89M | 187.72M | 187.57M | 183.83M | 182.18M | 181.94M | 181.71M | 181.57M | 180.82M | 180.39M | 180.39M |
| Retained Earnings | -139.7M | -132.64M | -97.95M | -96.2M | -94.02M | -90.4M | -88.76M | -87.17M | -85.41M | -81.81M | -78.79M | -74.74M | -71.93M | -66.86M | -61.64M | -51.7M | -47.63M | -42.6M | -36.54M | -28.87M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |