Electra Battery Materials (ELBM) Balance Sheet: Assets & Liabilities

Electra Battery Materials (ELBM) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Electra Battery Materials reported total assets of CAD 185.56M and total liabilities of CAD 136.19M. Shareholders' equity was CAD 46.25M, down 28.1% from CAD 64.32M a year earlier. Total debt stood at CAD 45.78M against CAD 39.02M in cash and short-term investments, a net debt position of CAD 6.76M. That puts debt-to-equity at 0.99, compared with 1.12 a year earlier.

Electra Battery Materials Balance Sheet Analysis

Values in millions CAD

Income Statement Balance Sheet Cash Flow Ratios

Scale:

Scroll to see more

Balance sheet showing assets, liabilities, and shareholders' equity for Electra Battery Materials Corporation (ELBM) - Annual data in millions CAD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2021	FY 2021	FY 2020	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Mar 2024	Dec 2023	Dec 2022	Mar 2022	Dec 2021	Mar 2021	Dec 2020	Mar 2020	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	39.02	3.72	7.56	7.56	7.95	58.63	58.63	4.17	4.17	4.42	3.26	29.82
Short-Term Investments	0.00	0.01	0.60	0.60	0.43	1.77	1.77	0.00	-	0.00	0.00	0.00
Cash & Short-Term Investments	39.02	3.73	8.16	8.16	8.39	60.39	60.39	4.17	4.17	4.42	3.26	29.82
Accounts Receivable	0.67	1.31	1.08	1.08	3.08	0.96	0.96	0.22	0.22	0.26	1.72	0.72
Inventory	0.00	0.00	0.00	-	0.00	0.00	-	0.00	-	0.00	0.01	0.00
Other Current Assets	0.81	0.67	1.36	1.36	2.05	0.58	0.58	6.07	0.37	0.46	0.26	0.62
Total Current Assets	40.50	5.71	10.59	10.59	13.52	61.94	61.94	10.47	10.47	5.13	5.23	31.24
Non-Current Assets
Property, Plant & Equipment (Net)	55.08	144.53	136.89	136.89	173.07	104.74	10.45	92.30	92.30	104.24	198.67	110.56
Long-Term Investments	1.21	1.21	1.21	-	0.94	0.94	-	0.92	-	0.92	0.70	0.34
Other Non-Current Assets	88.78	1.21	0.00	1.21	0.00	0.00	95.23	0.00	0.92	0.00	0.00	-0.34
Total Non-Current Assets	145.06	145.74	138.10	138.10	174.01	105.68	105.68	93.22	-	105.16	199.37	110.56
Total Assets	185.56	151.45	148.69	148.69	187.52	167.61	167.61	103.68	103.68	110.29	204.60	141.81
Current Liabilities
Accounts Payable	5.82	3.58	8.75	8.83	18.46	3.54	4.71	0.98	0.98	0.15	2.27	1.49
Short-Term Debt	0.06	63.96	0.00	40.10	25.66	0.00	-	0.00	-	0.00	0.00	0.00
Current Portion of Long-Term Debt	-	63.96	-	40.10	25.66	-	-	-	-	-	-	-
Accrued Liabilities	-	2.80	-	5.73	1.30	-	1.16	-	-	-	-	-
Deferred Revenue	0.00	0.00	0.00	-	0.00	0.00	-	0.00	0.32	0.00	0.00	0.00
Other Current Liabilities	82.30	1.58	7.24	1.43	9.97	5.87	-	1.86	1.54	0.13	1.61	2.00
Total Current Liabilities	88.17	71.97	15.99	56.13	54.11	4.71	4.71	2.84	2.84	0.29	3.88	3.48
Non-Current Liabilities
Long-Term Debt	45.73	7.82	45.43	4.30	4.00	23.29	23.29	6.66	6.66	6.32	0.00	0.00
Deferred Tax Liabilities	0.00	0.00	-0.86	-	0.00	0.00	-	0.00	-	0.00	0.00	0.00
Other Non-Current Liabilities	2.29	1.28	3.13	0.86	2.91	39.39	39.65	2.02	2.02	3.15	2.34	0.80
Total Non-Current Liabilities	48.02	15.16	49.41	9.26	6.91	62.94	62.94	8.69	-	9.47	2.34	0.80
Total Liabilities	136.19	87.13	65.39	65.39	61.02	67.65	67.65	11.53	11.53	9.76	6.22	4.28
Stockholders' Equity
Common Stock	419.97	307.72	304.72	304.72	288.87	276.22	276.22	234.65	234.65	230.37	225.48	141.95
Retained Earnings	-408.36	-274.89	-245.45	-245.45	-180.78	-193.33	-193.33	-158.41	-158.41	-144.08	-39.58	-12.76
Accumulated Other Comprehensive Income	34.64	31.49	24.02	24.02	18.42	17.08	0.53	15.92	15.92	14.24	12.48	2.21
Shares Outstanding	98.98	14.81	-	13.96	8.80	-	7.74	-	-	-	-	-
Total Stockholders' Equity	46.25	64.32	83.30	83.30	126.51	99.96	99.96	92.15	92.15	100.53	198.38	137.53
Total Liabilities & Equity	185.56	151.45	148.69	148.69	187.52	167.61	167.61	103.68	-	110.29	204.60	141.81

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Electra Battery Materials Balance Sheet

How much debt does Electra Battery Materials have?

Electra Battery Materials had total debt of CAD 45.78M as of Dec 31, 2025, against CAD 39.02M in cash and short-term investments. Its debt-to-equity ratio was 0.99. Total debt was CAD 71.79M a year earlier.

What are Electra Battery Materials's total assets?

Electra Battery Materials reported total assets of CAD 185.56M as of Dec 31, 2025, up 22.5% from CAD 151.45M a year earlier. Total liabilities were CAD 136.19M.

What is Electra Battery Materials's shareholders' equity?

Electra Battery Materials's shareholders' equity was CAD 46.25M as of Dec 31, 2025, or about CAD 0.47 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition