Pacific Basin Shipping Limited (HKG: 2343)

Pacific Basin Shipping Balance Sheet

Financials in millions USD. 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	250.57	261.4	358.84	309.63	226.27	200.19
Short-Term Investments	10.13	-	84.99	150.04	8.5	-
Cash & Short-Term Investments	260.69	261.4	443.83	459.67	234.77	200.19
Cash Growth	21.26%	-41.10%	-3.45%	95.79%	17.27%	-41.42%
Accounts Receivable	105.49	92.09	112.43	118.07	43.9	56.36
Other Receivables	32.62	31.05	29	25.76	18.85	20.53
Receivables	138.11	123.14	141.43	143.82	62.75	76.89
Inventory	138.41	134.73	124.46	103.59	78.1	90.38
Prepaid Expenses	20.2	17.85	15.92	28.02	17.06	12.51
Other Current Assets	13.17	2.04	24.31	14.71	31.55	6.9
Total Current Assets	570.57	539.16	749.95	749.81	424.23	386.88
Property, Plant & Equipment	1,808	1,860	1,862	1,961	1,731	1,953
Long-Term Investments	3.29	3.78	5.92	-	-	0.24
Goodwill	25.26	25.26	25.26	25.26	25.26	25.26
Long-Term Accounts Receivable	-	-	-	-	-	1.92
Other Long-Term Assets	3.22	4.39	5.53	9.05	9.02	26.77
Total Assets	2,410	2,432	2,649	2,745	2,190	2,394
Accounts Payable	99.5	104.67	80.79	70.51	56.33	61.41
Accrued Expenses	88.17	102.91	120.75	105.93	60.41	54.46
Current Portion of Long-Term Debt	51.19	46.26	97.81	66.8	88.98	127.15
Current Portion of Leases	25.54	39.25	59.9	31.16	26.74	39.14
Current Income Taxes Payable	-	-	0	1.28	0.81	1.15
Current Unearned Revenue	-	51.6	59.3	68.6	43.3	27.1
Other Current Liabilities	70.58	8.31	8.3	12.74	8.75	2.82
Total Current Liabilities	334.98	353	426.85	357.02	285.32	313.22
Long-Term Debt	241.69	254.14	280.8	524.05	783.03	738.09
Long-Term Leases	28.8	26.6	33.39	29.27	50.09	53.77
Other Long-Term Liabilities	0.07	0.79	0.29	3.87	6.58	13.22
Total Liabilities	605.53	634.53	741.33	914.21	1,125	1,118
Common Stock	52.33	52.64	52.46	47.86	47.49	47.04
Additional Paid-In Capital	1,199	1,208	1,207	1,093	1,087	1,072
Retained Earnings	616.5	597.08	705.63	744.55	-11.33	208.7
Comprehensive Income & Other	-63.29	-59.73	-58.18	-54.5	-58.73	-52.15
Shareholders' Equity	1,805	1,798	1,907	1,831	1,065	1,276
Total Liabilities & Equity	2,410	2,432	2,649	2,745	2,190	2,394
Total Debt	347.21	366.25	471.9	651.28	948.84	958.14
Net Cash (Debt)	-86.52	-104.85	-28.07	-191.61	-714.07	-757.95
Net Cash Per Share	-0.02	-0.02	-0.01	-0.04	-0.15	-0.16
Filing Date Shares Outstanding	5,178	5,208	5,191	4,733	4,710	4,632
Total Common Shares Outstanding	5,178	5,208	5,191	4,733	4,710	4,632
Working Capital	235.6	186.16	323.1	392.79	138.91	73.66
Book Value Per Share	0.35	0.35	0.37	0.39	0.23	0.28
Tangible Book Value	1,780	1,773	1,882	1,806	1,039	1,251
Tangible Book Value Per Share	0.34	0.34	0.36	0.38	0.22	0.27
Machinery	-	2,733	2,668	2,802	2,619	2,612
Leasehold Improvements	-	5.75	5.6	5.62	5.53	5.37

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