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NORTHERN MINERALS & EXPLORATION LTD. (NMEX)

NORTHERN MINERALS & EXPLORATION LTD. (NMEX)

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Balance Sheets Overview

Current Ratio
23.84%
Quick Ratio
23.84%
Debt to Asset Ratio
276.54%
Unit: Dollar
Assets Breakdown
    • Oil and gas properties
    • Other asset
    • Accounts receivable
    • Cash
Liabilities Breakdown
    • Accumulated deficit
    • Additional paid-in-capital
    • Loan payable long term-Related ...
    • Others
Balance Sheets
2026-04-30
2026-01-31
2025-10-31
2025-07-31
Cash
16,684
8,580
8,270
4,059
Accounts receivable
27,076
20,694
11,240
6,750
Total current assets
43,760
29,274
19,510
10,809
Oil and gas properties
151,456
151,456
151,456
151,456
Other asset
38,220
38,982
-
-
Total other assets
189,676
190,438
151,456
151,456
Total assets
233,436
219,712
170,966
162,265
Accounts payable-Nonrelated Party
72,729
71,369
82,525
45,422
Accounts payable-Related Party
20,500
20,500
22,500
12,000
Accrued liabilities
51,813
40,456
29,597
15,527
Accrued compensation
-
-
2,400
-
Loans payable - current
38,500
38,500
38,500
38,500
Total current liabilities
183,542
170,825
175,522
111,449
Other payables-Nonrelated Party
0
0
0
33,664
Other payables-Related Party
0
0
0
20,500
Loan payable long term-Related Party
377,000
317,000
197,000
135,000
Loan payable long term-Nonrelated Party
85,000
85,000
85,000
85,000
Total liabilities
645,542
572,825
457,522
385,613
Common stock, 0.001 par value, 250,000,000 shares authorized 111,488,932 and 107,238,932 shares issued and outstanding as of april 30, 2026 and july 31, 2025, respectively
111,489
111,489
111,239
107,239
Common stock to be issued
0
0
0
267,200
Additional paid-in-capital
3,630,458
3,630,458
3,587,208
3,324,008
Accumulated deficit
-4,154,053
-4,095,060
-3,985,003
-3,921,795
Total stockholders deficit
-412,106
-353,113
-286,556
-223,348
Total liabilities and stockholders deficit
233,436
219,712
170,966
162,265
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Oil and gasproperties$151,456 Other asset$38,220 Accounts receivable$27,076 Cash$16,684 Total other assets$189,676 Total current assets$43,760 Total assets$233,436 Accumulated deficit-$4,154,053 Total liabilities andstockholders deficit$233,436 Total stockholdersdeficit-$412,106 Additionalpaid-in-capital$3,630,458 Common stock, 0.001 parvalue, 250,000,000...$111,489 Total liabilities$645,542 Loan payable longterm-Related Party$377,000 Total currentliabilities$183,542 Loan payable longterm-Nonrelated Party$85,000 Accountspayable-Nonrelated Party$72,729 Accrued liabilities$51,813 Loans payable -current$38,500 Accountspayable-Related Party$20,500