RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: wh Which other institution? Could not find any other Loans, except for the $50 million dollar bond offering and equity financing/selling of some coal assets in Canada. Only real debt that matters is the Marret debt.
3rd Quarter Ended August 31, 2012
2nd Quarter Ended May 31, 2012
3nd Quarter Ended August 31, 2011
C$
C$
C$
Cash and cash equivalents
7,605,837
29,000,416
57,353,320
Total assets
282,172,951
296,530,236
208,433,672
Total liabilities
48,311,708
54,288,208
5,886,289
Total net equity
233,861,243
242,242,028
202,547,383
As of May 31st, the debt to equity ratio was only 22% right out from their financials and is up somewhat now...but no new debt has been added here except for the $7 million dollar bond offering in Dec.