Mesabi Trust (MSB) Short-term Investments (2011 - 2022)
Mesabi Trust (MSB) recorded quarterly Short-term Investments of $23.3 million in Q3 2022, up 137.5% on a QoQ basis from $9.8 million in Q2 2021.
Mesabi Trust (MSB) Short-term Investments (2011 - 2022) Analysis & Trends
Mesabi Trust has disclosed Short-term Investments across 12 years of filings, most recently posting $23.3 million for Q3 2022.
- Quarterly Short-term Investments changed N/A year-over-year to $23.3 million in Q3 2022, while the trailing twelve-month figure through Jul 2022 was $23.3 million (changed N/A YoY) and the FY2021 annual result came in at $9.9 million, down 25.7% from the prior year.
- Short-term Investments climbed to $23.3 million in Q3 2022, from $9.8 million in the prior quarter.
- Over five years, Short-term Investments peaked at $32.6 million in Q4 2018 and troughed at $8.3 million in Q2 2018.
- A 5-year average of $17.8 million and a median of $16.6 million in 2019 frame the typical range for Short-term Investments.
- Annual changes were most pronounced in 2018 — Short-term Investments soared 5118.08% — and 2020, when it sank 63.66%.
- Tracing MSB's Short-term Investments over 5 years: stood at $32.6 million in 2018, then dropped by 21.52% to $25.6 million in 2019, then tumbled by 63.66% to $9.3 million in 2020, then advanced by 5.79% to $9.8 million in 2021, then soared by 137.5% to $23.3 million in 2022.
- Business Quant data shows MSB's Short-term Investments at $23.3 million in Q3 2022, $9.8 million in Q2 2021, and $9.9 million in Q1 2021.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Ternium | 94.27 Bn | 84.31 Bn | 686.87 Mn |
| 2 | Nucor | 58.23 Bn | 56.84 Bn | 1.50 Bn |
| 3 | ArcelorMittal | 51.15 Bn | 48.81 Bn | - |
| 4 | Steel Dynamics | 38.88 Bn | 38.02 Bn | 763.22 Mn |
| 5 | Reliance | 20.36 Bn | 20.12 Bn | 1.17 Bn |
| 6 | Cleveland-Cliffs | 7.71 Bn | 7.86 Bn | -82.00 Mn |
| 7 | Algoma Steel | 2.77 Bn | 2.77 Bn | -92.32 |
| 8 | National Steel | 2.24 Bn | -552.84 Mn | 479.33 Mn |
| 9 | Worthington Steel | 2.07 Bn | 2.07 Bn | 76.10 Mn |
| 10 | Mesabi Trust | 322.62 Mn | 299.46 Mn | 2.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 31, 2022 | 23.34 Mn |
| Apr 30, 2021 | 9.83 Mn |
| Jan 31, 2021 | 9.91 Mn |
| Oct 31, 2020 | 9.29 Mn |
| Jul 31, 2020 | 10.14 Mn |
| Jan 31, 2020 | 13.33 Mn |
| Oct 31, 2019 | 25.56 Mn |
| Jul 31, 2019 | 16.48 Mn |
| Apr 30, 2019 | 16.69 Mn |
| Jan 31, 2019 | 32.12 Mn |
| Oct 31, 2018 | 32.57 Mn |
| Jul 31, 2018 | 17.90 Mn |
| Apr 30, 2018 | 8.32 Mn |
| Jan 31, 2018 | 23.80 Mn |
| Oct 31, 2017 | 26.29 Mn |
| Jul 31, 2017 | 2.37 Mn |
| Apr 30, 2017 | 373,430.00 |
| Jan 31, 2017 | 456,058.00 |
| Oct 31, 2016 | 132,940.00 |
| Jul 31, 2016 | 132,940.00 |