ECA Marcellus Trust I Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2019 - 2015
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2019 - 2015
Cash & Equivalents	3.11	2.69	2.66	2.17	1.7	1.1	Upgrade
Cash & Short-Term Investments	3.11	2.69	2.66	2.17	1.7	1.1	Upgrade
Cash Growth	17.49%	1.27%	22.62%	27.35%	54.41%	43.13%	Upgrade
Receivables	0.66	0.74	0.69	2.39	2.64	0.58	Upgrade
Total Current Assets	3.77	3.44	3.35	4.56	4.34	1.69	Upgrade
Long-Term Investments	9.43	10.28	11.41	12.62	13.94	15.6	Upgrade
Other Long-Term Assets	-	-	-	-	-	-0	Upgrade
Total Assets	13.2	13.72	14.76	17.18	18.28	17.28	Upgrade
Other Current Liabilities	0.35	0.35	0.52	2.19	2.39	0.15	Upgrade
Total Current Liabilities	0.35	0.35	0.52	2.19	2.39	0.15	Upgrade
Total Liabilities	0.35	0.35	0.52	2.19	2.39	0.15	Upgrade
Common Stock	12.85	13.37	14.24	14.99	15.89	17.13	Upgrade
Shareholders' Equity	12.85	13.37	14.24	14.99	15.89	17.13	Upgrade
Total Liabilities & Equity	13.2	13.72	14.76	17.18	18.28	17.28	Upgrade
Net Cash (Debt)	3.11	2.69	2.66	2.17	1.7	1.1	Upgrade
Net Cash Growth	17.49%	1.27%	22.62%	27.35%	54.41%	43.13%	Upgrade
Net Cash Per Share	0.18	0.15	0.15	0.12	0.10	0.06	Upgrade
Filing Date Shares Outstanding	17.61	17.61	17.61	17.61	17.61	17.61	Upgrade
Total Common Shares Outstanding	17.61	17.61	17.61	17.61	17.61	17.61	Upgrade
Working Capital	3.43	3.09	2.82	2.37	1.95	1.54	Upgrade
Book Value Per Share	0.73	0.76	0.81	0.85	0.90	0.97	Upgrade
Tangible Book Value	12.85	13.37	14.24	14.99	15.89	17.13	Upgrade
Tangible Book Value Per Share	0.73	0.76	0.81	0.85	0.90	0.97	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.