Mayfair Gold (MINE) Balance Sheet: Assets & Liabilities

Mayfair Gold (MINE) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Mayfair Gold reported total assets of CAD 53.27M and total liabilities of CAD 1.17M. Shareholders' equity was CAD 52.11M, up 119.5% from CAD 23.74M a year earlier. Total debt stood at CAD 0.00 against CAD 38.19M in cash and short-term investments, a net cash position of CAD 38.19M. That puts debt-to-equity at 0.00, compared with 0.00 a year earlier.

Mayfair Gold Balance Sheet Analysis

Values in millions CAD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Mayfair Gold Corp. (MINE) - Annual data in millions CAD
Breakdown	FY 2025	FY 2024	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2020	FY 2019
Period ending	Dec 2025	Mar 2025	Dec 2024	Mar 2024	Dec 2023	Mar 2023	Dec 2022	Mar 2022	Dec 2021	Mar 2021	Dec 2020	Dec 2019
Current Assets
Cash and Cash Equivalents	38.19	9.53	9.53	13.50	13.50	6.79	6.79	12.04	12.04	2.13	2.13	0.00
Cash & Short-Term Investments	38.19	9.53	9.53	13.50	13.50	6.79	6.79	12.04	12.04	2.13	2.13	0.00
Accounts Receivable	0.17	0.20	0.20	0.28	0.28	0.40	0.40	0.18	0.18	0.02	0.02	0.00
Inventory	0.00	0.00	-	0.00	-	0.00	-	0.00	-	0.00	-	0.00
Other Current Assets	0.42	0.20	0.20	0.25	0.09	0.11	0.09	0.61	0.10	0.03	0.02	0.00
Total Current Assets	38.78	9.94	9.94	14.04	14.04	7.30	7.30	12.83	12.83	2.17	2.17	0.00
Non-Current Assets
Property, Plant & Equipment (Net)	14.37	14.40	14.40	14.46	14.46	14.51	14.51	14.54	14.54	14.36	14.36	0.00
Other Non-Current Assets	0.12	0.15	0.15	0.00	-	0.00	-	0.00	-	0.00	-	0.00
Total Non-Current Assets	14.50	14.55	14.55	14.46	14.46	14.51	14.51	14.54	14.54	14.36	-	0.00
Total Assets	53.27	24.49	24.49	28.49	28.49	21.81	21.81	27.37	27.37	16.53	16.53	0.00
Current Liabilities
Accounts Payable	1.11	0.75	0.75	0.93	0.93	0.00	1.65	0.49	0.49	0.00	0.30	0.00
Short-Term Debt	0.00	0.00	-	0.00	-	0.01	-	0.06	-	0.00	-	0.00
Accrued Liabilities	0.06	-	0.00	-	0.34	-	0.30	-	0.27	-	0.02	-
Deferred Revenue	0.00	0.00	-	0.00	1.28	0.00	0.54	0.00	1.21	0.00	-	0.00
Other Current Liabilities	1.17	0.00	-	1.62	-	2.50	-	1.47	-	0.34	0.03	0.12
Total Current Liabilities	1.17	0.75	0.75	2.55	2.55	2.51	2.51	2.02	2.02	0.34	0.34	0.12
Non-Current Liabilities
Long-Term Debt	0.00	0.00	-	0.00	-	0.00	-	0.01	0.01	0.00	-	0.00
Other Non-Current Liabilities	0.00	0.00	-	0.00	-	0.00	-	0.00	-	0.00	-	0.00
Total Non-Current Liabilities	0.00	0.00	-	0.00	-	0.01	-	0.01	0.01	0.00	-	0.00
Total Liabilities	1.17	0.75	0.75	2.55	2.55	2.51	2.51	2.03	2.03	0.34	0.34	0.12
Stockholders' Equity
Common Stock	116.28	79.61	79.61	66.49	66.49	46.28	46.28	37.36	37.36	18.49	18.49	0.00
Retained Earnings	-70.49	-60.53	-60.53	-47.84	-47.84	-31.90	-31.90	-13.67	-13.67	-3.38	-3.38	-0.12
Accumulated Other Comprehensive Income	6.31	4.66	4.66	7.30	7.30	4.92	4.92	1.64	1.64	1.08	1.08	0.00
Additional Paid-in Capital	6.31	0.00	-	0.00	-	0.00	-	0.00	-	0.00	-	0.00
Shares Outstanding	66.80	-	54.64	-	50.16	-	43.98	-	40.33	-	-	-
Total Stockholders' Equity	52.11	23.74	23.74	25.95	25.95	19.30	19.30	25.33	25.33	16.19	16.19	-0.12
Total Liabilities & Equity	53.27	24.49	24.49	28.49	28.49	21.81	21.81	27.37	27.37	16.53	-	0.00

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

Frequently Asked Questions About Mayfair Gold Balance Sheet

How much debt does Mayfair Gold have?

Mayfair Gold had total debt of CAD 0.00 as of Dec 31, 2025, against CAD 38.19M in cash and short-term investments. Its debt-to-equity ratio was 0.00. Total debt was CAD 0.00 a year earlier.

What are Mayfair Gold's total assets?

Mayfair Gold reported total assets of CAD 53.27M as of Dec 31, 2025, up 117.5% from CAD 24.49M a year earlier. Total liabilities were CAD 1.17M.

What is Mayfair Gold's shareholders' equity?

Mayfair Gold's shareholders' equity was CAD 52.11M as of Dec 31, 2025, or about CAD 0.78 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