Sea1 Offshore Inc. (OSL: SEA1)

Sea1 Offshore 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	127	97.33	94.95	91.84	103.23	74.45
Cash & Short-Term Investments	127	97.33	94.95	91.84	103.23	74.45
Cash Growth	27.30%	2.50%	3.39%	-11.03%	38.65%	12.11%
Accounts Receivable	73.1	49	39.82	40.15	35.44	46.34
Other Receivables	-	8.31	4.22	3.75	5.13	6.53
Receivables	73.1	57.31	44.04	43.9	40.57	52.88
Inventory	-	5.29	5.34	4.52	4.68	5.24
Prepaid Expenses	-	5.22	5.78	6.15	5.82	7.98
Other Current Assets	-	2.01	1.47	1.05	1.33	3.48
Total Current Assets	200.11	167.16	151.57	147.46	155.62	144.03
Property, Plant & Equipment	637.5	846.68	806.73	847.09	940.09	1,292
Long-Term Investments	8.39	0.45	2.68	2.5	2.52	1.23
Long-Term Accounts Receivable	-	19.96	17.4	16.38	21.36	23.23
Long-Term Deferred Tax Assets	27.57	27.59	8.19	8.95	7.53	10.32
Other Long-Term Assets	6.88	25.13	32.88	51.14	58.72	70.41
Total Assets	880.44	1,087	1,019	1,073	1,186	1,541
Accounts Payable	37.78	17	11.2	13.54	13.65	18.09
Accrued Expenses	-	20.56	21.34	21.22	22.97	21.14
Current Portion of Long-Term Debt	66.75	212.53	58.98	47.65	238.89	143.27
Current Portion of Leases	0.91	0.92	1.67	1.97	1.98	1.67
Current Income Taxes Payable	-	2.23	0.64	0.97	0.96	3.09
Current Unearned Revenue	-	3.16	3.4	3.58	3.39	3.38
Other Current Liabilities	-	19.01	18.09	16.7	34.15	37.38
Total Current Liabilities	105.44	275.4	115.31	105.63	315.99	228.03
Long-Term Debt	311.57	263.62	530.63	613.36	837.84	930.91
Long-Term Leases	4.36	4.79	0.34	1.55	3.11	5.33
Other Long-Term Liabilities	30.57	12.64	12.79	11.64	15.36	16.34
Total Liabilities	451.95	557.79	660.06	733.2	1,173	1,181
Common Stock	153.54	238.85	238.85	238.85	9.35	9.35
Additional Paid-In Capital	163.16	163.16	163.16	582.88	634.96	634.96
Retained Earnings	270.5	173.78	-	-450.17	-557.82	-258.23
Comprehensive Income & Other	-183.53	-41.53	-38.93	-30.73	-29.33	-32.58
Total Common Equity	403.68	534.26	363.08	340.84	57.15	353.49
Minority Interest	24.81	-5.09	-3.7	-0.54	-44.73	6.88
Shareholders' Equity	428.49	529.18	359.38	340.3	12.42	360.37
Total Liabilities & Equity	880.44	1,087	1,019	1,073	1,186	1,541
Total Debt	383.59	481.85	591.62	664.53	1,082	1,081
Net Cash (Debt)	-256.59	-384.53	-496.67	-572.69	-978.6	-1,007
Net Cash Per Share	-1.18	-1.61	-2.08	-3.89	-104.70	-106.89
Filing Date Shares Outstanding	153.54	238.85	238.85	238.85	9.35	9.35
Total Common Shares Outstanding	153.54	238.85	238.85	238.85	9.35	9.35
Working Capital	94.67	-108.24	36.26	41.83	-160.37	-84
Book Value Per Share	2.63	2.24	1.52	1.43	6.11	37.82
Tangible Book Value	403.68	534.26	363.08	340.84	57.15	353.49
Tangible Book Value Per Share	2.63	2.24	1.52	1.43	6.11	37.82
Land	5.75	7.78	3.56	3.51	3.5	4.04
Machinery	1,465	2,195	2,190	2,172	2,324	2,374
Order Backlog	-	320	442	298	483	526

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