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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	153.6	128.11	137.23	105	33.8	44.26
Cash & Short-Term Investments	153.6	128.11	137.23	105	33.8	44.26
Cash Growth	10.56%	-6.65%	30.69%	210.69%	-23.64%	38.63%
Accounts Receivable	-	4.03	14.89	19.09	11.57	1.42
Other Receivables	-	46.63	42.66	33.25	18.86	13.16
Receivables	-	50.66	57.54	52.33	30.43	14.58
Inventory	8.84	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	27.86	0	-	23.93	5.92	-
Total Current Assets	190.3	187.5	212.09	197.96	75.68	64.84
Property, Plant & Equipment	687.41	732.48	750.74	584.86	376.52	310.56
Long-Term Investments	-	9.93	29.48	14	2.12	3.3
Other Intangible Assets	-	-	-	-	1.77	4.63
Other Long-Term Assets	0.47	2.96	7.98	0.82	8.39	14.31
Total Assets	878.18	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	50.03	26.74	50.05	24.47	34.16	9.39
Current Portion of Leases	-	-	-	-	-	7.32
Current Income Taxes Payable	-	-	-	8.62	0.75	1.45
Other Current Liabilities	21.19	47.23	81.71	69.52	16.36	17.31
Total Current Liabilities	71.22	83.14	146.03	110.08	64.38	37.57
Long-Term Debt	514.24	75.69	91.77	86.45	107.58	127.25
Long-Term Leases	-	460.98	463.43	326.44	139.74	73.65
Long-Term Deferred Tax Liabilities	3.3	6.54	0.11	-	-	-
Other Long-Term Liabilities	0.18	-	0.76	0.92	2.01	2.32
Total Liabilities	588.94	627.3	702.96	524.72	314.46	241.53
Common Stock	132.58	79.64	96.26	59.47	53.62	50.4
Additional Paid-In Capital	-	62.23	62.23	62.23	47.78	39.5
Retained Earnings	147.57	128.94	98.86	82.74	5.96	25.72
Treasury Stock	-	-0.13	-0.13	-0.13	-0.17	-0.17
Comprehensive Income & Other	-	-	-	37.24	36.74	36.19
Total Common Equity	280.15	270.67	257.22	241.54	143.92	151.64
Minority Interest	9.1	34.89	40.11	31.38	6.1	4.47
Shareholders' Equity	289.24	305.56	297.34	272.92	150.02	156.12
Total Liabilities & Equity	878.18	932.86	1,000	797.63	464.48	397.64
Total Debt	564.27	563.4	605.26	437.35	281.48	217.6
Net Cash (Debt)	-410.66	-435.3	-468.02	-332.34	-247.68	-173.34
Net Cash Per Share	-1.68	-1.71	-1.84	-1.33	-1.11	-0.87
Filing Date Shares Outstanding	235.01	252.76	252.76	252.76	227.79	211.68
Total Common Shares Outstanding	235.01	252.76	252.76	252.76	227.63	211.68
Working Capital	119.08	104.35	66.06	87.88	11.3	27.27
Book Value Per Share	1.19	1.07	1.02	0.96	0.63	0.72
Tangible Book Value	280.15	270.67	257.22	241.54	142.15	147.02
Tangible Book Value Per Share	1.19	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.