HEOL · As filed with the SEC

Highwater Ethanol balance sheet, by quarter

The statement as Highwater Ethanol presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Condensed Balance Sheets · USD

USD	Q3 FY26 Jul 31, 2026	Q2 FY26 Apr 30, 2026	Q1 FY26 Jan 31, 2026	Q4 FY25 Oct 31, 2025	Q3 FY25 Jul 31, 2025	Q2 FY25 Apr 30, 2025	Q1 FY25 Jan 31, 2025	Q4 FY24 Oct 31, 2024
Current Assets
Cash and cash equivalents	34,875,358	22,972,399	19,784,199	23,450,627	13,847,609	13,552,259	15,443,697	33,830,684
Derivative instruments	525,095	313,207	278,607	488,535	347,771	392,831	519,430	725,159
Accounts receivable	2,530,573	2,572,798	1,995,103	1,888,340	2,768,838	2,839,520	2,682,337	3,280,357
Inventories	19,211,048	15,942,412	14,702,350	16,831,809	18,281,521	14,788,195	17,501,410	14,246,991
Prepaids and other	307,135	488,778	691,761	763,863	301,070	569,964	682,162	817,885
Total current assets	57,449,209	42,289,594	37,452,020	43,423,174	35,546,809	32,142,769	36,829,036	52,901,076
Property and Equipment
Land and land improvements	13,223,836	13,223,836	13,223,836	13,223,836	13,223,836	13,210,145	13,210,145	13,210,145
Buildings	40,488,280	40,488,280	40,488,280	40,119,360	40,119,360	40,119,360	40,119,360	40,119,360
Office equipment	1,344,929	1,314,147	1,314,147	1,314,147	1,314,146	1,314,147	1,290,830	1,251,682
Plant and process equipment	99,081,377	99,081,377	99,052,210	95,598,573	93,311,751	92,765,649	92,647,669	88,359,673
Vehicles	193,039	193,039	193,039	193,039	193,039	160,259	160,259	160,259
Construction in progress	4,673,247	608,593	616,001	3,076,940	3,997,311	2,674,267	888,149	4,681,641
Gross property and equipment	159,004,708	154,909,272	154,887,513	153,525,895	152,159,443	150,243,827	148,316,412	147,782,760
Less accumulated depreciation	(128,276,973)	(126,752,790)	(125,212,885)	(123,666,862)	(122,258,884)	(120,863,568)	(119,478,511)	(118,140,653)
Net property and equipment	30,727,735	28,156,482	29,674,628	29,859,033	29,900,559	29,380,259	28,837,901	29,642,107
Other Assets
Investments	5,197,369	5,136,744	5,284,834	5,244,803	5,205,978	5,126,527	5,182,923	5,029,580
Right of use asset - operating leases	—	—	—	—	—	—	—	0
Right of use asset - finance lease	446,205	480,529	514,852	549,175	583,499	617,822	652,146	686,469
Other	—	—	—	—	—	—	—	0
Deposits	554,030	549,199	544,402	462,125	457,354	452,572	447,863	442,724
Tax credits	9,500,000	17,329,780	13,929,780	10,400,000	—	—	—	—
Total other assets	15,697,604	23,496,252	20,273,868	16,656,103	6,246,831	6,196,921	6,282,932	6,158,773
Total Assets	103,874,548	93,942,328	87,400,516	89,938,310	71,694,199	67,719,949	71,949,869	88,701,956
Current Liabilities
Accounts payable	6,085,342	7,188,227	9,148,378	10,256,618	7,257,881	5,182,310	8,963,342	17,161,828
Accrued expenses	1,304,333	1,058,524	815,884	1,167,215	1,006,147	750,583	675,164	1,113,693
Current portion of operating lease liability	—	—	—	—	—	—	—	0
Current portion of finance lease liability	153,423	151,333	149,271	147,237	145,231	143,252	141,301	139,375
Total Current Liabilities	7,543,098	8,398,084	10,113,533	11,571,070	8,409,259	6,076,145	9,779,807	18,414,896
Long-Term Liabilities
Finance lease liability, net of current portion	377,592	416,740	455,355	493,444	531,014	568,073	604,626	640,682
Total Long-Term Liabilities	377,592	416,740	455,355	493,444	531,014	568,073	604,626	640,682
Members' Equity
Members' equity, 4,749 and 4,752 units outstanding, respectively	95,953,858	85,127,504	76,831,628	77,873,796	62,753,926	61,075,731	61,565,436	69,646,378
Total Liabilities and Members’ Equity	103,874,548	93,942,328	87,400,516	89,938,310	71,694,199	67,719,949	71,949,869	88,701,956

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.