Sea1 Offshore Inc. (OSL:SEA1)

Sea1 Offshore Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	35.22	86.36	68.3	97.33	94.95	91.84
Cash & Short-Term Investments	35.22	86.36	68.3	97.33	94.95	91.84
Cash Growth	-68.82%	26.44%	-29.82%	2.50%	3.39%	-11.03%
Accounts Receivable	75.96	54.31	46.37	49	39.82	40.15
Other Receivables	-	7.55	11.77	8.31	4.22	3.75
Receivables	75.96	61.87	58.15	57.31	44.04	43.9
Inventory	-	4.71	5.34	5.29	5.34	4.52
Prepaid Expenses	-	4.85	5.12	5.22	5.78	6.15
Other Current Assets	0	2.24	1.29	2.01	1.47	1.05
Total Current Assets	111.18	160.03	138.21	167.16	151.57	147.46
Property, Plant & Equipment	659.43	608.59	637.44	846.68	806.73	847.09
Long-Term Investments	-	-	-	0.45	2.68	2.5
Long-Term Accounts Receivable	-	-	-	19.96	17.4	16.38
Long-Term Deferred Tax Assets	30.8	30.84	27.65	27.59	8.19	8.95
Other Long-Term Assets	4.89	3.15	15.18	25.13	32.88	51.14
Total Assets	806.3	802.61	818.48	1,087	1,019	1,073

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	38.91	11.24	4.42	17	11.2	13.54
Accrued Expenses	-	31.04	27.2	20.56	21.34	21.22
Current Portion of Long-Term Debt	68.96	60.94	65.74	212.53	58.98	47.65
Current Portion of Leases	-	0.91	0.89	0.92	1.67	1.97
Current Income Taxes Payable	-	2.31	2	2.23	0.64	0.97
Current Unearned Revenue	-	-	0.19	3.16	3.4	3.58
Other Current Liabilities	-	-	-	-	18.09	16.7
Total Current Liabilities	107.87	106.42	100.44	256.39	115.31	105.63
Long-Term Debt	231.9	233.93	280.15	263.62	530.63	613.36
Long-Term Leases	-	3.72	4.18	4.79	0.34	1.55
Pension & Post-Retirement Benefits	-	-	-	-	0.99	1.01
Other Long-Term Liabilities	27.25	27.65	27.71	32.99	12.79	11.64
Total Liabilities	367.02	371.72	412.49	557.79	660.06	733.2

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	153.54	153.54	153.54	238.85	238.85	238.85
Additional Paid-In Capital	-	163.16	163.16	163.16	163.16	582.88
Retained Earnings	-	147.29	128.84	173.78	-	-450.17
Comprehensive Income & Other	285.74	-33.11	-39.55	-41.53	-38.93	-30.73
Total Common Equity	439.28	430.89	405.99	534.26	363.08	340.84
Minority Interest	-	-	-	-5.09	-3.7	-0.54
Shareholders' Equity	439.28	430.89	405.99	529.18	359.38	340.3
Total Liabilities & Equity	806.3	802.61	818.48	1,087	1,019	1,073

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	300.86	299.49	350.97	481.85	591.62	664.53
Net Cash (Debt)	-265.64	-213.12	-282.67	-384.53	-496.67	-572.69
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.72	-1.39	-1.44	-1.61	-2.08	-3.89
Filing Date Shares Outstanding	153.54	153.54	153.54	238.85	238.85	238.85
Total Common Shares Outstanding	153.54	153.54	153.54	238.85	238.85	238.85
Working Capital	3.31	53.61	37.77	-89.23	36.26	41.83
Book Value Per Share	2.86	2.81	2.64	2.24	1.52	1.43
Tangible Book Value	439.28	430.89	405.99	534.26	363.08	340.84
Tangible Book Value Per Share	2.86	2.81	2.64	2.24	1.52	1.43
Land	-	5.59	5.42	7.78	3.56	3.51
Machinery	-	1,076	1,259	2,195	2,190	2,172
Construction In Progress	-	73.97	19.31	-	-	-
Order Backlog	-	701	840	320	442	298

Data Source: S&P Global Market Intelligence Last updated: Nov 6, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 12, 2026

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