CES Energy Solutions Corp. (CESDF)

CES Energy Solutions Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	-	-	-	-	-	18.25
Cash & Short-Term Investments	-	-	-	-	-	18.25
Accounts Receivable	495.41	450.51	435.3	474.87	303.42	154.27
Other Receivables	0.13	3.6	6.6	5.43	6.24	6.04
Receivables	495.54	454.11	441.9	480.3	309.66	160.31
Inventory	442.55	447.05	408.6	428.14	273.5	178.56
Prepaid Expenses	30.32	28.87	25.19	23.03	35.65	16.43
Other Current Assets	12.7	22.12	5.09	2.21	0.39	-
Total Current Assets	981.11	952.15	880.77	933.68	619.2	373.54
Property, Plant & Equipment	493.33	468.09	382.12	345.63	307.23	314.44
Long-Term Investments	-	17.25	16.83	8.27	17.12	13.1
Goodwill	60.73	60.79	53.41	54.69	50.53	50.74
Other Intangible Assets	31.62	30.5	25.99	30.55	33.15	46.91
Long-Term Deferred Tax Assets	7.08	7.68	16.47	36.34	58.65	57.42
Other Long-Term Assets	19.96	2.88	1.69	1.84	1.72	1.73
Total Assets	1,594	1,539	1,377	1,411	1,088	857.89
Accounts Payable	255.8	230.07	227.32	227.79	150.08	78.94
Accrued Expenses	17.01	18.07	7.03	6.51	3.2	1.04
Current Portion of Long-Term Debt	-	-	20.8	-	-	-
Current Portion of Leases	39.28	34.59	27.98	23.23	16.32	19.15
Current Income Taxes Payable	12	16.16	7.64	3.2	2.1	0.89
Other Current Liabilities	12.05	12.15	7.44	6.62	4.06	1.11
Total Current Liabilities	336.14	311.05	298.21	267.34	175.76	101.13
Long-Term Debt	354.04	344.89	369.82	491.48	395.18	284.69
Long-Term Leases	63.15	57.3	45.12	36.41	25.71	13.26
Long-Term Deferred Tax Liabilities	1.37	1.45	1.64	1.84	2.08	2.32
Other Long-Term Liabilities	10.25	10.42	4.48	4.88	2.19	0.83
Total Liabilities	764.94	725.1	719.27	801.95	600.92	402.23
Common Stock	486.92	502.05	593.01	658.82	658.61	663.28
Additional Paid-In Capital	33.31	37.25	37.46	34.87	33.82	38.05
Retained Earnings	57.16	22.6	-140.77	-272.08	-349.94	-391.68
Comprehensive Income & Other	251.49	252.34	168.3	187.44	144.18	146.02
Total Common Equity	828.88	814.23	658	609.05	486.68	455.66
Shareholders' Equity	828.88	814.23	658	609.05	486.68	455.66
Total Liabilities & Equity	1,594	1,539	1,377	1,411	1,088	857.89
Total Debt	456.47	436.78	463.72	551.13	437.21	317.1
Net Cash (Debt)	-456.47	-436.78	-463.72	-551.13	-437.21	-298.85
Net Cash Per Share	-1.95	-1.85	-1.82	-2.11	-1.66	-1.14
Filing Date Shares Outstanding	221.72	224.69	232.94	254.63	253.82	253.1
Total Common Shares Outstanding	224.36	225.33	236.04	254.52	253.83	258.26
Working Capital	644.97	641.11	582.56	666.34	443.44	272.41
Book Value Per Share	3.69	3.61	2.79	2.39	1.92	1.76
Tangible Book Value	736.53	722.94	578.59	523.81	403	358.01
Tangible Book Value Per Share	3.28	3.21	2.45	2.06	1.59	1.39
Land	-	246.53	202.9	198.12	182.16	180.77
Machinery	-	499.52	417.42	373	327.54	313.58

Updated Mar 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.