The Monarch Cement Company (MCEM)

MCEM 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	49.93	43.32	49.07	53.99	53.72	30.62
Short-Term Investments	9.7	17.62	4.42	-	-	-
Cash & Short-Term Investments	59.63	60.94	53.49	53.99	53.72	30.62
Cash Growth	11.12%	13.92%	-0.92%	0.50%	75.41%	26.83%
Accounts Receivable	33.13	23.22	25.79	22.53	22.77	19.49
Receivables	33.13	23.22	25.79	22.53	22.77	19.49
Inventory	67.01	67.53	58.94	46.68	42.56	40.74
Prepaid Expenses	3.65	1.17	2.04	2.99	0.83	0.75
Restricted Cash	6.85	5.49	3.79	1.92	-	-
Other Current Assets	0.85	0.69	0.52	1.87	0.83	1.22
Total Current Assets	171.12	159.05	144.58	129.97	120.72	92.82
Property, Plant & Equipment	182.01	170.27	147.94	123.66	104.63	95.57
Long-Term Investments	118.39	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	19.48	13.66	11.15	9.85	0.06	0.05
Total Assets	491	458.29	381.34	324.19	297.8	257.77
Accounts Payable	3.23	6.66	10.47	8.4	8.76	7.22
Accrued Expenses	6.7	4.91	6.53	7.45	5.37	4.79
Current Portion of Long-Term Debt	-	-	-	-	-	0.75
Current Income Taxes Payable	12.3	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	22.22	17.81	26.23	18.67	17.21	15.72
Pension & Post-Retirement Benefits	10.48	10.54	11.37	11.13	15.86	29.49
Long-Term Deferred Tax Liabilities	25.79	25.81	9.4	6.5	4.31	-
Other Long-Term Liabilities	0.2	0.2	0.22	0.21	-	-
Total Liabilities	58.7	54.36	47.23	36.5	37.37	45.21
Common Stock	9.35	9.39	9.18	9.27	9.4	9.49
Additional Paid-In Capital	28.69	28.69	4.05	4.05	2.49	2.49
Retained Earnings	396.91	368.51	326	280.3	264.64	226.76
Comprehensive Income & Other	-2.65	-2.66	-5.11	-5.93	-16.1	-26.18
Shareholders' Equity	432.3	403.93	334.12	287.69	260.42	212.56
Total Liabilities & Equity	491	458.29	381.34	324.19	297.8	257.77
Total Debt	-	-	-	-	-	0.75
Net Cash (Debt)	59.63	60.94	53.49	53.99	53.72	29.87
Net Cash Growth	11.12%	13.92%	-0.92%	0.50%	79.82%	31.76%
Net Cash Per Share	15.73	16.62	14.46	14.35	14.23	7.74
Filing Date Shares Outstanding	3.74	3.76	3.67	3.71	3.76	3.8
Total Common Shares Outstanding	3.74	3.76	3.67	3.71	3.76	3.8
Working Capital	148.9	141.24	118.35	111.31	103.51	77.1
Book Value Per Share	115.56	107.51	90.99	77.57	69.23	55.98
Tangible Book Value	432.3	399.03	329.22	282.79	255.52	207.66
Tangible Book Value Per Share	115.56	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 Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.