Caverton Offshore Support Group Plc (NGX:CAVERTON)

NGX:CAVERTON Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	621.83	447.86	20,439	3,005	6,734	1,322
Short-Term Investments	-	-	490.14	484.37	450	-
Cash & Short-Term Investments	621.83	447.86	20,929	3,490	7,184	1,322
Cash Growth	-72.59%	-97.86%	499.73%	-51.42%	443.40%	16.57%
Accounts Receivable	31,444	10,888	4,687	7,846	4,435	3,663
Other Receivables	-	865.47	2,517	1,665	1,172	933.03
Receivables	31,444	11,753	7,204	9,511	5,606	4,596
Inventory	9,412	9,388	9,292	9,140	8,730	6,498
Prepaid Expenses	279.87	9.11	21.17	1.77	234.45	2.59
Other Current Assets	130.18	26,026	10,098	19,850	18,532	12,689
Total Current Assets	41,887	47,624	47,545	41,992	40,287	25,107
Property, Plant & Equipment	16,701	22,314	25,487	26,077	32,769	35,966
Long-Term Investments	4,819	181.07	13.51	7.98	246.43	19.48
Goodwill	6,027	6,027	6,027	6,027	6,027	6,027
Other Intangible Assets	-	17.74	90.46	161.48	233.3	3.49
Long-Term Deferred Tax Assets	-	-	155.58	190.52	237.5	391.44
Total Assets	69,435	76,164	79,318	74,456	79,800	67,515
Accounts Payable	49,333	37,736	13,005	9,477	15,942	10,333
Accrued Expenses	-	7,909	6,436	4,857	223.11	378.94
Short-Term Debt	539.7	1,835	1,178	1,768	-	-
Current Portion of Long-Term Debt	35,927	25,808	17,509	15,576	18,011	11,106
Current Portion of Leases	5,097	7,071	5,321	4,622	2,932	2,633
Current Income Taxes Payable	-	1,335	1,144	1,009	942.01	773.78
Current Unearned Revenue	-	51.96	47.53	256.25	949.98	1,313
Other Current Liabilities	-	13,243	5,385	3,871	4,100	2,808
Total Current Liabilities	90,897	94,989	50,026	41,436	43,100	29,346
Long-Term Debt	31,064	27,032	20,818	14,699	14,511	9,313
Long-Term Leases	6,756	8,379	9,143	6,053	4,881	5,309
Long-Term Unearned Revenue	-	371.32	79.21	122.78	-	-
Long-Term Deferred Tax Liabilities	-	-	-	-	-	1,583
Other Long-Term Liabilities	0	-	-	-0	-	-
Total Liabilities	128,717	130,771	80,066	62,311	62,493	45,551
Common Stock	1,675	1,675	1,675	1,675	1,675	1,675
Additional Paid-In Capital	6,617	6,617	6,617	6,617	6,617	6,617
Retained Earnings	-67,122	-62,493	-8,927	3,727	8,854	13,493
Comprehensive Income & Other	2.3	2.3	-93.32	52.08	48.75	26.16
Total Common Equity	-58,827	-54,199	-728.49	12,071	17,195	21,811
Minority Interest	-455.23	-408.95	-19.14	74.16	111.91	152.09
Shareholders' Equity	-59,282	-54,607	-747.63	12,145	17,307	21,963
Total Liabilities & Equity	69,435	76,164	79,318	74,456	79,800	67,515
Total Debt	79,384	70,125	53,969	42,719	40,336	28,362
Net Cash (Debt)	-78,762	-69,677	-33,040	-39,229	-33,152	-27,040
Net Cash Per Share	-23.33	-20.80	-9.86	-11.71	-9.89	-8.07
Filing Date Shares Outstanding	3,351	3,351	3,351	3,351	3,351	3,351
Total Common Shares Outstanding	3,351	3,351	3,351	3,351	3,351	3,351
Working Capital	-49,009	-47,365	-2,481	556.46	-2,814	-4,239
Book Value Per Share	-17.56	-16.18	-0.22	3.60	5.13	6.51
Tangible Book Value	-64,854	-60,243	-6,846	5,883	10,935	15,781
Tangible Book Value Per Share	-19.36	-17.98	-2.04	1.76	3.26	4.71
Land	6,006	6,006	6,006	6,006	5,471	5,471
Buildings	9,188	7,116	7,116	7,116	4,097	3,663
Machinery	10,974	10,611	9,733	14,167	18,579	21,413
Construction In Progress	2,045	5,068	4,576	-	11,419	11,409

Source: S&P Global Market Intelligence. Standard template. Financial Sources.