JCTC: the balance sheet

MyFinsight

For the quarter ending 2026-02-28, JCTC has $21,880,761 in assets. $6,292,074 in debts.

Balance Sheets	2026-02-28	2025-11-30	2025-08-31
Cash and cash equivalents	546,614	1,036,218	226,213
Accounts receivable, net of allowance of 0 (august 31, 2025 - 0)	6,518,143	3,313,266	3,863,678
Inventory, net of allowance of 1,122,173 (august 31, 2025 - 1,200,000) (note 3)	9,595,876	13,526,812	15,885,589
Assets held for sale (note 4)	901,811	901,811	566,022
Prepaid expenses	1,012,351	1,109,415	1,000,439
Prepaid income taxes	167,401	157,276	180,151
Total current assets	18,742,196	20,044,798	21,722,092
Property, plant and equipment, net (note 4)	3,027,593	3,089,619	3,643,114
Intangible assets, net (note 5)	110,972	111,181	111,389
Deferred tax assets (note 6)	0	0	3
Total assets	21,880,761	23,245,598	25,476,598

Accounts payable	963,050	1,204,550	1,510,173
Bank indebtedness (note 7)	4,275,261	4,233,236	2,101,835
Accrued liabilities	1,053,763	970,973	1,083,612
Total liabilities	6,292,074	6,408,759	4,695,620
Capital stock (notes 8, 9) authorized 21,567,564 common shares, no par value 10,000,000 preferred shares, no par value issued 3,520,113 common shares (august 31, 2025 3,518,119)	830,473	830,003	830,003
Additional paid-in capital	852,816	852,510	852,510
Retained earnings	13,905,398	15,154,326	19,098,465
Total stockholders equity	15,588,687	16,836,839	20,780,978
Total liabilities and stockholders equity	21,880,761	23,245,598	25,476,598

Unit: Dollar. Numbers labeled with * are estimated quarterly values.