Western Bulk Chartering AS (OSL:WEST)

OSL:WEST Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Short-Term Investments	29.26	28.42	32.89	57.08	108.25	18.17
Cash & Short-Term Investments	29.26	28.42	32.89	57.08	108.25	18.17
Cash Growth	131.32%	-13.59%	-42.37%	-47.27%	495.74%	-24.43%
Accounts Receivable	16.52	34.54	24.37	36.52	32.77	18.15
Other Receivables	7	5.13	1.79	0.29	0.44	0.63
Receivables	23.52	39.68	26.15	36.81	33.21	18.78
Inventory	42.62	38.91	52.6	48.16	39.41	28.37
Other Current Assets	7.81	9.19	7.53	19.88	13.86	12.13
Total Current Assets	103.22	116.2	119.17	161.91	194.74	77.45
Property, Plant & Equipment	0.31	0.35	0.26	0.38	0.36	0.5
Long-Term Investments	-	-	-	-	0.53	0.63
Other Intangible Assets	0.1	0.12	0.11	0.01	0.01	0.02
Long-Term Deferred Tax Assets	1.04	0.93	0.29	0.27	0.39	0.74
Other Long-Term Assets	-	-	-	0.04	0.6	-
Total Assets	104.67	117.59	119.84	162.61	196.63	79.35
Accounts Payable	18.21	15.19	13.69	14.53	8.2	8.13
Accrued Expenses	-	0.36	0.24	0.12	-	-
Short-Term Debt	-	-	-	0	3.38	23.96
Current Income Taxes Payable	0.65	1.5	1.47	1.86	3.47	0.6
Other Current Liabilities	37.8	50.49	51.6	77.48	129.52	25.49
Total Current Liabilities	56.66	67.54	67	94	144.57	58.17
Long-Term Deferred Tax Liabilities	0.06	0.06	0.07	0.09	0.12	0.15
Total Liabilities	57	67.86	67.35	94.51	145.5	59.54
Common Stock	0.21	0.21	0.21	0.21	0.21	0.17
Additional Paid-In Capital	12.27	12.27	12.27	12.27	51.27	37.04
Retained Earnings	35.2	37.26	40.01	55.63	-0.35	-17.41
Shareholders' Equity	47.67	49.74	52.48	68.1	51.13	19.81
Total Liabilities & Equity	104.67	117.59	119.84	162.61	196.63	79.35
Total Debt	-	-	-	0	3.38	23.96
Net Cash (Debt)	29.26	28.42	32.89	57.07	104.87	-5.78
Net Cash Growth	131.32%	-13.59%	-42.37%	-45.58%	-	-
Net Cash Per Share	0.87	0.85	0.98	1.70	3.12	-0.20
Filing Date Shares Outstanding	33.62	33.62	33.62	33.62	33.62	28.4
Total Common Shares Outstanding	33.62	33.62	33.62	33.62	33.62	28.4
Working Capital	46.55	48.66	52.17	67.92	50.17	19.28
Book Value Per Share	1.42	1.48	1.56	2.03	1.52	0.70
Tangible Book Value	47.57	49.62	52.38	68.1	51.11	19.78
Tangible Book Value Per Share	1.41	1.48	1.56	2.03	1.52	0.70
Machinery	-	0.13	0.13	0.13	0.13	0.28

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.