How much debt does Mako Mining have?

Mako Mining had total debt of $69.00K as of Mar 31, 2026, against $77.51M in cash and short-term investments. Its debt-to-equity ratio was 0.00. Total debt was $4.97M a year earlier.

What are Mako Mining's total assets?

Mako Mining reported total assets of $208.44M as of Mar 31, 2026, up 94.7% from $107.08M a year earlier. Total liabilities were $57.71M.

What is Mako Mining's shareholders' equity?

Mako Mining's shareholders' equity was $150.73M as of Mar 31, 2026.

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.

Mako Mining (MAKO) Balance Sheet: Assets & Liabilities

Mako Mining Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Mako Mining Corp. (MAKO) - Annual data in millions USD
Breakdown	FY 2025	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Dec 2025	Mar 2025	Dec 2024	Mar 2024	Dec 2023	Mar 2023	Dec 2022	Mar 2022	Dec 2021	Mar 2021	Dec 2019	Apr 2019	Apr 2018
Current Assets
Cash and Cash Equivalents	77.28	77.28	14.52	14.52	1.50	1.50	0.53	0.52	1.94	1.94	2.63	4.14	2.49	0.84
Short-Term Investments	0.24	2.04	0.00	-	0.00	-	0.00	-	0.00	-	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	77.51	79.31	14.52	14.52	1.50	1.50	0.52	0.52	1.94	1.94	2.63	4.14	2.49	0.84
Accounts Receivable	2.19	5.27	0.38	0.32	0.51	0.30	1.18	1.10	0.04	0.04	0.15	1.37	0.03	0.01
Inventory	29.18	29.18	11.09	11.09	13.85	13.85	9.97	9.97	6.86	6.86	0.38	1.11	8.17	0.00
Other Current Assets	2.98	1.87	1.39	0.06	0.86	0.27	1.23	1.23	1.09	1.09	1.13	0.27	2.28	0.02
Total Current Assets	111.72	111.72	27.37	27.37	16.71	16.71	12.90	12.90	9.93	9.93	4.29	6.89	12.98	0.86
Non-Current Assets
Property, Plant & Equipment (Net)	80.58	80.58	69.76	69.76	20.53	20.53	32.26	32.26	43.68	43.76	46.06	9.74	0.52	4.55
Long-Term Investments	0.00	-	0.00	-	0.00	-	0.00	-	0.33	-	0.00	0.00	0.00	0.00
Other Non-Current Assets	16.14	16.14	9.95	9.95	4.56	4.56	0.00	0.00	1.03	1.28	0.00	0.75	3.24	-1.01
Total Non-Current Assets	96.72	96.72	79.71	79.71	25.10	25.10	32.27	32.27	45.04	-	46.06	10.49	3.76	3.55
Total Assets	208.45	208.45	107.08	107.08	41.81	41.81	45.17	45.17	54.97	54.97	49.43	17.38	18.15	4.22
Current Liabilities
Accounts Payable	13.72	28.50	10.04	10.04	5.92	5.92	10.90	10.90	4.40	4.98	5.06	2.44	11.18	0.19
Short-Term Debt	0.07	-	0.10	1.80	0.09	3.15	0.47	0.37	4.35	3.98	1.72	0.00	0.00	1.12
Current Portion of Long-Term Debt	-	-	-	1.80	-	3.15	-	2.79	-	3.98	-	-	-	-
Accrued Liabilities	-	0.78	-	0.31	-	0.20	-	1.05	-	0.22	-	-	-	-
Deferred Revenue	0.35	0.35	0.00	-	0.00	-	0.00	-	0.00	-	0.00	0.00	0.00	0.00
Other Current Liabilities	0.78	0.35	2.12	-	3.38	0.20	4.58	0.02	1.26	1.04	0.88	1.57	4.56	-0.24
Total Current Liabilities	28.85	28.85	16.60	16.60	9.66	9.66	16.16	16.16	10.01	10.01	16.54	9.93	18.95	1.07
Non-Current Liabilities
Long-Term Debt	0.00	-	4.88	4.81	7.68	7.52	12.51	12.27	17.38	17.38	15.15	0.00	0.00	0.00
Deferred Tax Liabilities	6.96	6.96	3.22	3.22	0.00	-	0.00	-	0.00	-	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	21.50	28.86	5.46	8.75	3.84	4.01	2.86	3.76	1.61	2.66	0.83	1.55	1.55	0.00
Total Non-Current Liabilities	28.86	28.86	13.56	13.56	11.52	11.52	15.35	15.35	19.00	20.04	15.98	1.55	1.55	0.00
Total Liabilities	57.71	57.71	30.16	30.16	21.18	21.18	31.50	31.50	29.00	29.00	32.52	11.48	25.97	1.07
Stockholders' Equity
Common Stock	162.45	162.45	121.78	121.78	87.87	87.87	88.02	88.02	88.26	88.26	87.26	68.46	32.27	28.03
Retained Earnings	-30.88	-30.88	-64.01	-64.01	-81.12	-81.12	-119.02	-87.84	-76.50	-75.66	-85.62	-71.67	-47.75	-33.29
Accumulated Other Comprehensive Income	2.35	2.35	2.84	2.84	1.32	1.32	1.40	1.40	1.75	1.76	3.63	1.54	-0.47	0.33
Additional Paid-in Capital	16.82	16.82	16.32	16.32	12.55	12.55	12.09	12.09	12.45	-	11.63	7.57	10.14	8.08
Shares Outstanding	-	87.01	-	79.25	-	65.55	-	65.74	-	-	-	-	-	-
Total Stockholders' Equity	150.73	150.73	76.92	76.92	20.63	20.63	13.67	13.67	25.97	25.97	16.91	5.90	-5.82	3.15
Total Liabilities & Equity	208.45	208.45	107.08	107.08	41.81	41.81	45.17	45.17	54.97	-	49.43	17.38	18.15	4.22

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

Mako Mining Balance Sheet Analysis

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