Sea1 Offshore Inc. (OSL:SEA1)

Sea1 Offshore Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	68.3	97.33	94.95	91.84	103.23
Cash & Short-Term Investments	68.3	97.33	94.95	91.84	103.23
Cash Growth	-29.82%	2.50%	3.39%	-11.03%	38.65%
Accounts Receivable	69.29	49	39.82	40.15	35.44
Other Receivables	-	8.31	4.22	3.75	5.13
Receivables	69.29	57.31	44.04	43.9	40.57
Inventory	-	5.29	5.34	4.52	4.68
Prepaid Expenses	-	5.22	5.78	6.15	5.82
Other Current Assets	-	2.01	1.47	1.05	1.33
Total Current Assets	137.6	167.16	151.57	147.46	155.62
Property, Plant & Equipment	637.44	846.68	806.73	847.09	940.09
Long-Term Investments	8.3	0.45	2.68	2.5	2.52
Long-Term Accounts Receivable	-	19.96	17.4	16.38	21.36
Long-Term Deferred Tax Assets	27.65	27.59	8.19	8.95	7.53
Other Long-Term Assets	6.88	25.13	32.88	51.14	58.72
Total Assets	817.87	1,087	1,019	1,073	1,186
Accounts Payable	33.19	17	11.2	13.54	13.65
Accrued Expenses	-	20.56	21.34	21.22	22.97
Current Portion of Long-Term Debt	65.74	212.53	58.98	47.65	238.89
Current Portion of Leases	0.89	0.92	1.67	1.97	1.98
Current Income Taxes Payable	-	2.23	0.64	0.97	0.96
Current Unearned Revenue	-	3.16	3.4	3.58	3.39
Other Current Liabilities	0	19.01	18.09	16.7	34.15
Total Current Liabilities	99.83	275.4	115.31	105.63	315.99
Long-Term Debt	280.15	263.62	530.63	613.36	837.84
Long-Term Leases	4.19	4.79	0.34	1.55	3.11
Other Long-Term Liabilities	27.71	12.64	12.79	11.64	15.36
Total Liabilities	411.87	557.79	660.06	733.2	1,173
Common Stock	153.54	238.85	238.85	238.85	9.35
Additional Paid-In Capital	163.16	163.16	163.16	582.88	634.96
Retained Earnings	128.84	173.78	-	-450.17	-557.82
Comprehensive Income & Other	-39.55	-41.53	-38.93	-30.73	-29.33
Total Common Equity	405.99	534.26	363.08	340.84	57.15
Minority Interest	-	-5.09	-3.7	-0.54	-44.73
Shareholders' Equity	405.99	529.18	359.38	340.3	12.42
Total Liabilities & Equity	817.87	1,087	1,019	1,073	1,186
Total Debt	350.98	481.85	591.62	664.53	1,082
Net Cash (Debt)	-282.67	-384.53	-496.67	-572.69	-978.6
Net Cash Per Share	-1.44	-1.61	-2.08	-3.89	-104.70
Filing Date Shares Outstanding	153.54	238.85	238.85	238.85	9.35
Total Common Shares Outstanding	153.54	238.85	238.85	238.85	9.35
Working Capital	37.77	-108.24	36.26	41.83	-160.37
Book Value Per Share	2.64	2.24	1.52	1.43	6.11
Tangible Book Value	405.99	534.26	363.08	340.84	57.15
Tangible Book Value Per Share	2.64	2.24	1.52	1.43	6.11
Land	5.42	7.78	3.56	3.51	3.5
Machinery	1,434	2,195	2,190	2,172	2,324
Construction In Progress	19.31	-	-	-	-
Order Backlog	840.5	320	442	298	483

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