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MEXCO ENERGY CORP (MXC)

MEXCO ENERGY CORP (MXC)

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Balance Sheets Overview

Current Ratio
616.41%
Quick Ratio
616.41%
Cash Ratio
245.32%
Debt to Asset Ratio
8.45%
Unit: Dollar
Assets Breakdown
    • Oil and gas properties, using th...
    • Accumulated depreciation, deplet...
    • Investments cost basis
    • Others
Liabilities Breakdown
    • Retained earnings
    • Additional paid-in capital
    • Treasury stock, at cost (193,283...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
1,292,873
2,775,976
2,267,640
2,746,692
Oil and natural gas sales
1,222,282
1,287,841
742,798
876,373
Trade
55,790
111,494
33,161
48,731
Prepaid drilling
622,132
204,218
417,578
13,756
Prepaid costs and expenses
55,540
68,846
26,473
50,959
Total current assets
3,248,617
4,448,375
3,487,650
3,736,511
Oil and gas properties, using the full cost method
55,991,042
53,664,668
52,969,316
52,270,022
Other
125,501
125,501
121,926
121,926
Accumulated depreciation, depletion and amortization
39,767,879
39,161,357
38,639,712
37,975,448
Property and equipment, net
16,348,664
14,628,812
14,451,530
14,416,500
Investments cost basis
2,527,429
2,527,429
2,527,429
2,300,000
Operating lease, right-of-use asset
62,041
75,522
88,705
101,595
Other noncurrent assets
11,294
12,325
1,075
2,149
Total assets
22,198,045
21,692,463
20,556,389
20,556,755
Accounts payable and accrued expenses
469,973
379,929
184,790
253,744
Income tax payable
-
17,203
43,320
147,079
Operating lease liability, current
57,052
55,787
54,550
53,341
Total current liabilities
527,025
452,919
282,660
454,164
Operating lease liability, long-term
4,989
19,735
34,155
48,254
Asset retirement obligations
707,665
699,317
689,133
689,954
Deferred income tax liabilities
635,202
533,673
293,521
197,588
Total long-term liabilities
1,347,856
1,252,725
1,016,809
935,796
Total liabilities
1,874,881
1,705,644
1,299,469
1,389,960
Common stock - 0.50 par value 40,000,000 shares authorized 2,239,283 shares issued and, 2,046,000 shares outstanding as of june 30, 2026 and march 31, 2026, respectively
1,119,641
1,119,641
1,119,641
1,119,641
Additional paid-in capital
9,058,833
9,018,953
8,979,074
8,939,194
Retained earnings
12,023,436
11,726,971
11,036,951
10,986,706
Treasury stock, at cost (193,283 shares)
1,878,746
1,878,746
1,878,746
1,878,746
Total stockholders equity
20,323,164
19,986,819
19,256,920
19,166,795
Total liabilities and stockholders equity
22,198,045
21,692,463
20,556,389
20,556,755
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Oil and gasproperties, using the full...$55,991,042 (7.69%↑ Y/Y)Cash and cashequivalents$1,292,873 (-49.23%↓ Y/Y)Oil and natural gassales$1,222,282 (39.53%↑ Y/Y)Prepaid drilling$622,132 (3046.21%↑ Y/Y)Trade$55,790 (14.49%↑ Y/Y)Prepaid costs andexpenses$55,540 (5.18%↑ Y/Y)Other$125,501 (2.93%↑ Y/Y)Property and equipment,net$16,348,664 (10.45%↑ Y/Y)Total current assets$3,248,617 (-8.34%↓ Y/Y)Investments cost basis$2,527,429 (20.35%↑ Y/Y)Operating lease,right-of-use asset$62,041 (-45.67%↓ Y/Y)Other noncurrentassets$11,294 (250.31%↑ Y/Y)Accumulated depreciation,depletion and...$39,767,879 (6.58%↑ Y/Y)Total assets$22,198,045 (7.95%↑ Y/Y)Total liabilities andstockholders equity$22,198,045 (7.95%↑ Y/Y)Total stockholdersequity$20,323,164 (8.10%↑ Y/Y)Total liabilities$1,874,881 (6.35%↑ Y/Y)Treasury stock, at cost(193,283 shares)$1,878,746 (0.00%↑ Y/Y)Retained earnings$12,023,436 (12.76%↑ Y/Y)Additional paid-in capital$9,058,833 (1.83%↑ Y/Y)Total long-termliabilities$1,347,856 (31.33%↑ Y/Y)Total currentliabilities$527,025 (-28.46%↓ Y/Y)Common stock - 0.50 parvalue 40,000,000...$1,119,641 (0.00%↑ Y/Y)Asset retirementobligations$707,665 (3.71%↑ Y/Y)Deferred income taxliabilities$635,202 (125.31%↑ Y/Y)Operating leaseliability, long-term$4,989 (-91.96%↓ Y/Y)Accounts payable andaccrued expenses$469,973 (24.87%↑ Y/Y)Operating leaseliability, current$57,052 (9.38%↑ Y/Y)