For the quarter ending 2025-10-31, MSB has $25,999,204 in assets. $4,911,341 in debts.
| Balance Sheets | 2025-10-31 | 2025-07-31 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 23,191,923 | 21,249,191 | ||
| Accrued income receivable | 1,522,367 | 1,443,875 | ||
| Contract asset | 1,055,605 | 1,765,388 | ||
| Prepaid expenses | 229,306 | 318,205 | ||
| Current assets | 25,999,201 | 24,776,659 | ||
| Amended assignment of peters lease | 1 | 1 | ||
| Assignment of cloquet leases | 1 | 1 | ||
| Certificate of beneficial interest for 13,120,010 units of land trust | 1 | 1 | ||
| Total fixed property | 3 | 3 | ||
| Total assets | 25,999,204 | 24,776,662 | ||
| Distribution payable | 4,460,803 | 1,574,401 | ||
| Accrued expenses | 450,538 | 421,058 | ||
| Total liabilities | 4,911,341 | 1,995,459 | ||
| Unallocated reserve | 21,087,860 | 22,781,200 | ||
| Trust corpus | 3 | 3 | ||
| Total liabilities, unallocated reserve and trust corpus | 25,999,204 | 24,776,662 | ||
MESABI TRUST (MSB)
MESABI TRUST (MSB)