Foremost Clean Energy Ltd. (FMST) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Total Current Assets | 7.11M | 4.77M | 7.18M | 8.59M | 5.36M | 6.77M | 521.32K | 1.34M | 1.49M | 1.82M | 2.74M | 283.39K | 795.35K | 2.57M | 586.59K | 672.74K | 434.12K | 591.26K | 226.88K | 601.46K |
| Cash & Short-Term Investments | 6.36M | 4.07M | 6.56M | 7.75M | 5.01M | 6.38M | 167.31K | 515.82K | 998.26K | 1.45M | 2.38M | 44.67K | 574.59K | 2.31M | 305.89K | 269.68K | 235.46K | 420.42K | 113.27K | 470.44K |
| Cash Only | 6.36M | 4.07M | 6.56M | 5.89M | 5.01M | 6.38M | 167.31K | 515.82K | 998.26K | 1.45M | 2.38M | 44.67K | 574.59K | 2.31M | 305.89K | 269.68K | 235.46K | 420.42K | 113.27K | 470.44K |
| Short-Term Investments | 0 | 0 | 0 | 1.85M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 528.13K | 381.29K | 362.86K | 185.37K | 231.86K | 142.87K | 22.26K | 225.79K | 146.21K | 39.2K | 51.85K | 16.05K | 164.05K | 46.8K | 67.14K | 65.03K | 142.71K | 54.9K | 60.97K | 106.39K |
| Days Sales Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46.81K | 0 | 0 | 0 | 9.2K | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 340.74K | 328.21K | 0 | 0 | 0 | 113.4K | 4.18K | 0 | 0 | 0 | -5 | 0 |
| Total Non-Current Assets | 32.33M | 31.14M | 28.4M | 24.15M | 22.38M | 22.87M | 16.08M | 15.79M | 15.11M | 13.31M | 13.23M | 12.83M | 12.51M | 10.96M | 9.79M | 9.13M | 7.48M | 6.86M | 6.47M | 6.18M |
| Property, Plant & Equipment | 0 | 29.08M | 25.51M | 23.14M | 21.32M | 22.81M | 16.06M | 15.77M | 15.09M | 13.29M | 13.2M | 12.8M | 12.48M | 10.77M | 9.71M | 9.03M | 7.19M | 6.76M | 6.36M | 6.05M |
| Fixed Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 1.54M | 2.03M | 2.42M | 234.01K | 383.73K | 0 | 0 | 0 | 0 | 0 | 0 | 3.25K | 2.9K | 4K | 4K | 19.05K | 8K | 54.52K | 61.02K | 82.91K |
| Other Non-Current Assets | 30.79M | 36.53K | 471.68K | 1M | 671.98K | 56.77K | 16.2K | 16.52K | 19.23K | 19.74K | 22.04K | 21.98K | 24.4K | 186.75K | 74.77K | 77.86K | 284.84K | 48K | 48K | 48K |
| Total Assets | 39.44M | 35.91M | 35.59M | 32.73M | 27.74M | 29.64M | 16.6M | 17.13M | 16.6M | 15.13M | 15.97M | 13.11M | 13.3M | 13.53M | 10.38M | 9.8M | 7.92M | 7.45M | 6.69M | 6.79M |
| Asset Turnover | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Asset Growth % | 42.18% | 21.15% | 114.38% | 91.07% | 67.13% | 95.85% | 3.97% | 30.66% | 24.8% | 11.85% | 53.85% | 33.75% | 67.98% | 81.62% | 55.01% | 44.46% | 14.35% | 17.95% | 9.41% | 11.88% |
| Total Current Liabilities | 3.85M | 1.48M | 2.69M | 2.47M | 3.1M | 3.17M | 3.81M | 2.93M | 2.73M | 1.82M | 1.91M | 3.13M | 2.91M | 2.84M | 2.86M | 2.58M | 1.1M | 1.09M | 736.06K | 775.35K |
| Accounts Payable | 0 | 124.17K | 628.64K | 152.3K | 93.71K | 75.39K | 1.51M | 1.23M | 1.1M | 168.91K | 199.24K | 707.87K | 884.74K | 625.62K | 320.99K | 828.2K | 603K | 742.97K | 475.66K | 495.86K |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | 15.45K | - | - | - | - | - | - | - |
| Short-Term Debt | 0 | 0 | 5K | 480.67K | 521.37K | 544.55K | 1.16M | 1.14M | 1.14M | 1.14M | 1.25M | 1.26M | 1.26M | 1.27M | 1.15M | 1.17M | 7.5K | 7.5K | 7.5K | 7.5K |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 477K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25K | 0 | 0 |
| Other Current Liabilities | 3.85M | 985.8K | 1.77M | 1.31M | 1.79M | 1.42M | 53.53K | 52.4K | 11.67K | 515.03K | 0 | 0 | 0 | 244.5K | 880.1K | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 1.85x | 3.23x | 2.67x | 3.47x | 1.73x | 2.13x | 0.14x | 0.46x | 0.54x | 1.00x | 1.43x | 0.09x | 0.27x | 0.90x | 0.21x | 0.26x | 0.39x | 0.54x | 0.31x | 0.78x |
| Quick Ratio | 1.85x | 3.23x | 2.67x | 3.47x | 1.73x | 2.13x | 0.14x | 0.46x | 0.54x | 1.00x | 1.43x | 0.09x | 0.27x | 0.90x | 0.19x | 0.26x | 0.39x | 0.54x | 0.30x | 0.78x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 0 | 0 | 0 | 396.86K | 152.76K | 325.07K | 428.66K | 481.47K | 656.95K | 264.93K | 637.22K | 0 | 0 | 0 | 40K | 57.5K | 74.39K | 90.72K | 97.81K | 121.67K |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 40K | 40K | 40K | 40K | 40K | 40K |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17.5K | 34.39K | 50.72K | 57.81K | 81.67K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 396.86K | 152.76K | 325.07K | 428.66K | 481.47K | 656.95K | 264.93K | 637.22K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 3.85M | 1.48M | 2.69M | 2.87M | 3.25M | 3.5M | 4.24M | 3.41M | 3.39M | 2.09M | 2.55M | 3.13M | 2.91M | 2.84M | 2.9M | 2.63M | 1.18M | 1.18M | 833.87K | 897.02K |
| Total Debt | 0 | 0 | 5K | 480.67K | 521.37K | 544.55K | 1.16M | 1.14M | 1.14M | 1.14M | 1.25M | 1.28M | 1.29M | 1.32M | 1.26M | 1.29M | 143.84K | 158.07K | 171.79K | 184.98K |
| Net Debt | -6.36M | -4.07M | -6.56M | -5.41M | -4.48M | -5.83M | 993.06K | 622.61K | 140.26K | -314.54K | -1.13M | 1.24M | 716.51K | -994.1K | 952.39K | 1.02M | -91.61K | -262.34K | 58.51K | -285.46K |
| Debt / Equity | - | - | 0.00x | 0.02x | 0.02x | 0.02x | 0.09x | 0.08x | 0.09x | 0.09x | 0.09x | 0.13x | 0.12x | 0.12x | 0.17x | 0.18x | 0.02x | 0.03x | 0.03x | 0.03x |
| Debt / EBITDA | - | - | - | 1.15x | 0.66x | - | - | - | - | - | - | - | 4.86x | 0.60x | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | -12.94x | -5.67x | - | - | - | - | - | - | - | 2.70x | -0.46x | - | - | - | - | - | - |
| Interest Coverage | - | - | -961.59x | 34.15x | 62.32x | -99.24x | -5.76x | -25.44x | -52.03x | -18.49x | - | -23.46x | 3.45x | 80.66x | -9.40x | -51.33x | -95.16x | -6.94x | -13.66x | -19.33x |
| Total Equity | 35.59M | 34.43M | 32.9M | 29.86M | 24.49M | 26.14M | 12.36M | 13.72M | 13.21M | 13.05M | 13.41M | 9.98M | 10.39M | 10.69M | 7.48M | 7.17M | 6.74M | 6.27M | 5.86M | 5.89M |
| Equity Growth % | 45.33% | 31.71% | 166.12% | 117.6% | 85.41% | 100.38% | -7.86% | 37.49% | 27.17% | 22.05% | 79.44% | 39.22% | 54.08% | 70.46% | 27.57% | 21.75% | 17.26% | 16.22% | 13.95% | 16.7% |
| Book Value per Share | 2.45 | 2.40 | 2.64 | 2.61 | 2.79 | 2.98 | 2.25 | 2.55 | 2.68 | 2.70 | 3.10 | 2.51 | 2.59 | 2.65 | 1.96 | 1.98 | 1.92 | 1.91 | 1.85 | 1.87 |
| Total Shareholders' Equity | 35.59M | 34.43M | 32.9M | 29.86M | 24.49M | 26.14M | 12.36M | 13.72M | 13.21M | 13.05M | 13.41M | 9.98M | 10.39M | 10.69M | 7.48M | 7.17M | 6.74M | 6.27M | 5.86M | 5.89M |
| Common Stock | 62.99M | 59.52M | 56.47M | 51.09M | 45.67M | 47.41M | 33.17M | 33.12M | 32.12M | 31M | 30.8M | 26.64M | 26.45M | 26.39M | 25.88M | 24.35M | 24.16M | 21.96M | 20.72M | 20.63M |
| Retained Earnings | -30.7M | -27.86M | -26.18M | -23.53M | -24.46M | -25.51M | -23.58M | -22.06M | -21.48M | -20.82M | -20.17M | -18.48M | -17.87M | -18.5M | -21.24M | -20.49M | -19.72M | -16.69M | -15.95M | -15.82M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 3.3M | 2.77M | 2.6M | 2.25M | 3.28M | 4.24M | 2.78M | 2.66M | 2.46M | 2.87M | 2.79M | 1.82M | 1.81M | 2.8M | 2.83M | 2.63M | 2.29M | 1M | 1.08M | 1.08M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |