Belships ASA (OSL: BELCO)

Belships ASA 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	92.17	128.11	137.23	105	33.8	44.26
Cash & Short-Term Investments	92.17	128.11	137.23	105	33.8	44.26
Cash Growth	-37.82%	-6.65%	30.69%	210.69%	-23.64%	38.63%
Accounts Receivable	28.75	4.03	14.89	19.09	11.57	1.42
Other Receivables	-	46.63	42.66	33.25	18.86	13.16
Receivables	28.75	50.66	57.54	52.33	30.43	14.58
Inventory	5.13	8.56	14.68	16.49	5.34	5.83
Restricted Cash	-	0.17	2.64	0.2	0.19	0.17
Other Current Assets	48.6	0	-	23.93	5.92	-
Total Current Assets	174.65	187.5	212.09	197.96	75.68	64.84
Property, Plant & Equipment	662.45	732.48	750.74	584.86	376.52	310.56
Long-Term Investments	14	9.93	29.48	14	2.12	3.3
Other Intangible Assets	0.64	-	-	-	1.77	4.63
Other Long-Term Assets	0.47	2.96	7.98	0.82	8.39	14.31
Total Assets	852.21	932.86	1,000	797.63	464.48	397.64
Accounts Payable	-	7.85	6.91	6.81	12.51	1.85
Accrued Expenses	-	1.33	7.36	0.66	0.6	0.26
Current Portion of Long-Term Debt	-	26.74	50.05	24.47	34.16	9.39
Current Portion of Leases	49.53	-	-	-	-	7.32
Current Income Taxes Payable	-	-	-	8.62	0.75	1.45
Other Current Liabilities	27.95	47.23	81.71	69.52	16.36	17.31
Total Current Liabilities	77.48	83.14	146.03	110.08	64.38	37.57
Long-Term Debt	89.16	75.69	91.77	86.45	107.58	127.25
Long-Term Leases	397.85	460.98	463.43	326.44	139.74	73.65
Long-Term Deferred Tax Liabilities	4.45	6.54	0.11	-	-	-
Other Long-Term Liabilities	0.18	-	0.76	0.92	2.01	2.32
Total Liabilities	569.13	627.3	702.96	524.72	314.46	241.53
Common Stock	59.47	79.64	96.26	59.47	53.62	50.4
Additional Paid-In Capital	62.23	62.23	62.23	62.23	47.78	39.5
Retained Earnings	142.17	128.94	98.86	82.74	5.96	25.72
Treasury Stock	-0.13	-0.13	-0.13	-0.13	-0.17	-0.17
Comprensive Income & Other	10.69	-	-	37.24	36.74	36.19
Total Common Equity	274.42	270.67	257.22	241.54	143.92	151.64
Minority Interest	8.65	34.89	40.11	31.38	6.1	4.47
Shareholders' Equity	283.08	305.56	297.34	272.92	150.02	156.12
Total Liabilities & Equity	852.21	932.86	1,000	797.63	464.48	397.64
Total Debt	536.55	563.4	605.26	437.35	281.48	217.6
Net Cash (Debt)	-444.38	-435.3	-468.02	-332.34	-247.68	-173.34
Net Cash Per Share	-1.74	-1.71	-1.84	-1.33	-1.11	-0.87
Filing Date Shares Outstanding	252.76	252.76	252.76	252.76	227.79	211.68
Total Common Shares Outstanding	252.76	252.76	252.76	252.76	227.63	211.68
Working Capital	97.17	104.35	66.06	87.88	11.3	27.27
Book Value Per Share	1.09	1.07	1.02	0.96	0.63	0.72
Tangible Book Value	273.79	270.67	257.22	241.54	142.15	147.02
Tangible Book Value Per Share	1.08	1.07	1.02	0.96	0.62	0.69
Machinery	-	245.72	270.39	219.96	214.49	241.53

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