Western Bulk Chartering AS (OSL: WEST)

WEST 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Short-Term Investments	12.65	32.89	57.08	108.25	18.17	24.05
Cash & Short-Term Investments	12.65	32.89	57.08	108.25	18.17	24.05
Cash Growth	-73.13%	-42.37%	-47.28%	495.73%	-24.43%	4.53%
Accounts Receivable	41.27	24.37	36.52	32.77	18.15	32.28
Other Receivables	3.48	1.79	0.29	0.44	0.63	3.66
Receivables	44.75	26.15	36.81	33.21	18.78	35.94
Inventory	50.06	52.6	48.16	39.41	28.37	42.58
Other Current Assets	9.87	7.53	19.88	13.86	12.13	13.68
Total Current Assets	117.34	119.17	161.91	194.74	77.45	116.26
Property, Plant & Equipment	0.36	0.26	0.38	0.36	0.5	0.42
Long-Term Investments	-	-	-	0.53	0.63	0.63
Other Intangible Assets	0.13	0.11	0.01	0.01	0.02	0.14
Long-Term Deferred Tax Assets	0.28	0.29	0.27	0.39	0.74	0.6
Other Long-Term Assets	-	-	0.04	0.6	-	0
Total Assets	118.11	119.84	162.61	196.63	79.35	118.05
Accounts Payable	19.24	13.69	14.53	8.2	8.13	10.55
Accrued Expenses	0.24	0.24	0.12	-	-	-
Short-Term Debt	-	-	0	3.38	23.96	20.76
Current Income Taxes Payable	0.58	1.47	1.86	3.47	0.6	1.38
Other Current Liabilities	42.87	51.6	77.48	129.52	25.49	67.05
Total Current Liabilities	62.93	67	94	144.57	58.17	99.74
Long-Term Deferred Tax Liabilities	0.07	0.07	0.09	0.12	0.15	0.19
Other Long-Term Liabilities	-	-	-	-	-	0.4
Total Liabilities	63.14	67.35	94.51	145.5	59.54	102.06
Common Stock	0.21	0.21	0.21	0.21	0.17	0.11
Additional Paid-In Capital	12.27	12.27	12.27	51.27	37.04	1.23
Retained Earnings	42.5	40.01	55.63	-0.35	-17.41	-
Comprehensive Income & Other	-	-	-	-	-	14.64
Shareholders' Equity	54.97	52.48	68.1	51.13	19.81	15.98
Total Liabilities & Equity	118.11	119.84	162.61	196.63	79.35	118.05
Total Debt	-	-	0	3.38	23.96	20.76
Net Cash (Debt)	12.65	32.89	57.07	104.87	-5.78	3.29
Net Cash Growth	-62.83%	-42.37%	-45.58%	-	-	-
Net Cash Per Share	0.38	0.98	1.70	3.12	-0.20	0.12
Filing Date Shares Outstanding	33.62	33.62	33.62	33.62	28.4	27.86
Total Common Shares Outstanding	33.62	33.62	33.62	33.62	28.4	27.86
Working Capital	54.41	52.17	67.92	50.17	19.28	16.52
Book Value Per Share	1.64	1.56	2.03	1.52	0.70	0.57
Tangible Book Value	54.84	52.38	68.1	51.11	19.78	15.85
Tangible Book Value Per Share	1.63	1.56	2.03	1.52	0.70	0.57
Machinery	-	0.13	0.13	0.13	0.28	0.28

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