The Monarch Cement Company (MCEM)

MCEM Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	43.32	49.07	53.99	53.72	30.62
Short-Term Investments	17.62	4.42	-	-	-
Cash & Short-Term Investments	60.94	53.49	53.99	53.72	30.62
Cash Growth	13.92%	-0.92%	0.50%	75.41%	26.83%
Accounts Receivable	23.22	25.79	22.53	22.77	19.49
Receivables	23.22	25.79	22.53	22.77	19.49
Inventory	67.53	58.94	46.68	42.56	40.74
Prepaid Expenses	1.17	2.04	2.99	0.83	0.75
Restricted Cash	5.49	3.79	1.92	-	-
Other Current Assets	0.69	0.52	1.87	0.83	1.22
Total Current Assets	159.05	144.58	129.97	120.72	92.82
Property, Plant & Equipment	170.27	147.94	123.66	104.63	95.57
Long-Term Investments	110.42	72.78	55.8	67.49	59.97
Goodwill	4.9	4.9	4.9	4.9	4.9
Long-Term Deferred Tax Assets	-	-	-	-	4.46
Other Long-Term Assets	13.66	11.15	9.85	0.06	0.05
Total Assets	458.29	381.34	324.19	297.8	257.77
Accounts Payable	6.66	10.47	8.4	8.76	7.22
Accrued Expenses	4.91	6.53	7.45	5.37	4.79
Current Portion of Long-Term Debt	-	-	-	-	0.75
Current Income Taxes Payable	3.41	6.73	0.55	1	1.03
Other Current Liabilities	2.82	2.5	2.26	2.07	1.93
Total Current Liabilities	17.81	26.23	18.67	17.21	15.72
Long-Term Deferred Tax Liabilities	25.81	9.4	6.5	4.31	-
Other Long-Term Liabilities	0.2	0.22	0.21	-	-
Total Liabilities	54.36	47.23	36.5	37.37	45.21
Common Stock	9.39	9.18	9.27	9.4	9.49
Additional Paid-In Capital	28.69	4.05	4.05	2.49	2.49
Retained Earnings	368.51	326	280.3	264.64	226.76
Comprehensive Income & Other	-2.66	-5.11	-5.93	-16.1	-26.18
Shareholders' Equity	403.93	334.12	287.69	260.42	212.56
Total Liabilities & Equity	458.29	381.34	324.19	297.8	257.77
Total Debt	-	-	-	-	0.75
Net Cash (Debt)	60.94	53.49	53.99	53.72	29.87
Net Cash Growth	13.92%	-0.92%	0.50%	79.82%	31.76%
Net Cash Per Share	16.62	14.46	14.35	14.23	7.74
Filing Date Shares Outstanding	3.76	3.67	3.71	3.76	3.8
Total Common Shares Outstanding	3.76	3.67	3.71	3.76	3.8
Working Capital	141.24	118.35	111.31	103.51	77.1
Book Value Per Share	107.51	90.99	77.57	69.23	55.98
Tangible Book Value	399.03	329.22	282.79	255.52	207.66
Tangible Book Value Per Share	106.21	89.66	76.25	67.92	54.69
Land	16.21	13.98	13.15	12.61	11.91
Buildings	59.86	59.43	39.28	38.53	38.12
Machinery	300.19	307.47	307.04	297.6	287.4
Construction In Progress	91.11	67.45	58.63	38.82	28.29

Updated Mar 1, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.