Steamships Trading Company Limited (ASX: SST)

ASX: SST Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	31.08	28.8	53.44	63.79	142.42	100.83
Short-Term Investments	-	-	-	-	8.06	-
Cash & Short-Term Investments	31.08	28.8	53.44	63.79	150.49	100.83
Cash Growth	63.14%	-46.10%	-16.23%	-57.61%	49.25%	-47.90%
Accounts Receivable	195.92	106.83	104.4	110.39	58.9	77.26
Other Receivables	4.45	69.36	40.86	61.32	82.7	70.35
Receivables	200.37	176.2	145.26	171.7	141.59	147.62
Inventory	42.03	39.48	28.46	23.01	17.28	13.35
Prepaid Expenses	-	13.69	14.45	16.59	7.9	10.01
Other Current Assets	0.98	-	3	8.23	4.99	-
Total Current Assets	274.45	258.17	244.61	283.33	322.25	271.81
Property, Plant & Equipment	732.68	692.56	558.56	558.57	550.74	610.65
Long-Term Investments	47.97	45.5	45.46	39.37	36.99	41.59
Goodwill	76.43	76.43	76.43	76.43	76.43	76.43
Long-Term Deferred Tax Assets	4.63	4.63	2.02	2.57	1.01	2.31
Other Long-Term Assets	378.01	395.57	400.86	389.04	394.34	360.28
Total Assets	1,676	1,702	1,516	1,517	1,488	1,452
Accounts Payable	133.02	51.08	39.3	23.78	18.7	32.07
Accrued Expenses	-	45.64	51.52	51.33	40.77	87.93
Short-Term Debt	1.37	4.92	3.58	5.48	7.53	17.57
Current Portion of Long-Term Debt	30	30	239.5	51.08	102.5	-
Current Portion of Leases	2.33	2.58	2.67	2.08	2.66	3.77
Other Current Liabilities	6.26	18.08	22.85	64.94	57.62	6.95
Total Current Liabilities	172.98	152.3	359.42	198.69	229.78	148.29
Long-Term Debt	330.29	385.3	20	209.5	199.5	302
Long-Term Leases	54.33	55.23	57.25	59.47	70.43	68.46
Long-Term Deferred Tax Liabilities	30.28	28.09	24.38	18.47	14.74	18.87
Other Long-Term Liabilities	11.7	11.19	10.58	9.93	9.94	11.24
Total Liabilities	599.58	632.11	471.62	496.06	524.39	548.85
Common Stock	24.2	24.2	24.2	24.2	24.2	24.2
Retained Earnings	1,035	1,028	1,003	980.48	922.64	860.84
Total Common Equity	1,059	1,053	1,027	1,005	946.84	885.04
Minority Interest	17.13	17.03	17.06	16.25	16.98	17.75
Shareholders' Equity	1,076	1,070	1,044	1,021	963.83	902.79
Total Liabilities & Equity	1,676	1,702	1,516	1,517	1,488	1,452
Total Debt	418.32	478.03	323	327.62	382.62	391.8
Net Cash (Debt)	-387.24	-449.22	-269.56	-263.83	-232.13	-290.97
Net Cash Per Share	-12.49	-14.49	-8.69	-8.51	-7.49	-9.38
Filing Date Shares Outstanding	31.01	31.01	31.01	31.01	31.01	31.01
Total Common Shares Outstanding	31.01	31.01	31.01	31.01	31.01	31.01
Working Capital	101.47	105.88	-114.82	84.64	92.47	123.52
Book Value Per Share	34.16	33.95	33.12	32.40	30.54	28.54
Tangible Book Value	982.83	976.16	950.58	928.25	870.41	808.61
Tangible Book Value Per Share	31.70	31.48	30.66	29.94	28.07	26.08
Machinery	-	843.67	643.63	549.24	695.73	666.25

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