Polaris Renewable Energy Inc. (RAMPF)

Polaris Renewable Energy 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
Cash & Equivalents	86.09	213.31	40.05	35.33	97.93	60.06
Accounts Receivable	13.06	11.28	10.63	11.24	9.42	19.89
Other Receivables	-	2.12	1.57	1.2	1.41	0.83
Prepaid Expenses	4.25	1.19	0.92	0.99	0.94	0.57
Other Current Assets	-	0.67	0.88	1.85	0.43	0.37
Total Current Assets	103.4	228.56	54.04	50.61	110.14	81.72
Property, Plant & Equipment	369.12	360.12	383.82	402.07	358.85	374.68
Goodwill	9.31	8.56	12.36	12.36	-	-
Other Intangible Assets	49.49	50.84	55.01	57.53	22.97	24.33
Long-Term Investments	-	-	-	-	-	0.16
Long-Term Deferred Tax Assets	7.64	6.8	6.64	3.91	0.86	1.78
Other Long-Term Assets	10.63	7.23	7.52	8.63	9.89	7.33
Total Assets	549.59	662.11	519.4	535.1	502.7	489.99
Accounts Payable	16.6	10.09	11.97	9.5	8.15	6.06
Accrued Expenses	-	2.02	0.82	0.76	0.44	2.63
Current Portion of Long-Term Debt	3.94	16.27	15.85	14.94	23.12	21.07
Current Unearned Revenue	-	-	-	-	0.15	-
Current Portion of Leases	0.39	0.43	0.4	0.42	0.3	0.19
Other Current Liabilities	4.87	5.03	2.32	4.97	2.15	3.98
Total Current Liabilities	25.8	33.84	31.35	30.6	34.31	33.92
Long-Term Debt	213.85	312.08	156.53	169.47	146.57	168.23
Long-Term Leases	2.04	2.15	2.35	2.5	1	0.5
Long-Term Deferred Tax Liabilities	55.95	54.51	59.24	62.33	54.76	51.81
Other Long-Term Liabilities	7.21	-	-	-	5.24	8.77
Total Liabilities	304.85	402.58	249.47	264.89	241.88	263.22
Common Stock	666.13	666.38	666.39	666.04	649.08	598.98
Additional Paid-In Capital	14.01	14.09	14.02	13.84	14.27	19.72
Retained Earnings	-435.28	-420.73	-411.07	-410.2	-400.59	-389.95
Total Common Equity	244.86	259.75	269.34	269.68	262.76	228.75
Minority Interest	-0.12	-0.22	0.59	0.54	-1.94	-1.98
Shareholders' Equity	244.74	259.53	269.93	270.21	260.82	226.77
Total Liabilities & Equity	549.59	662.11	519.4	535.1	502.7	489.99
Total Debt	220.22	330.93	175.12	187.33	170.99	189.99
Net Cash (Debt)	-134.13	-117.62	-135.07	-152	-73.06	-129.93
Net Cash Per Share	-6.37	-5.56	-6.41	-7.54	-3.84	-7.68
Filing Date Shares Outstanding	22.03	21.07	21.08	21.03	19.63	18.51
Total Common Shares Outstanding	22.03	21.06	21.06	21.03	19.53	15.71
Working Capital	77.61	194.73	22.69	20.01	75.84	47.8
Book Value Per Share	11.11	12.34	12.79	12.83	13.46	14.56
Tangible Book Value	186.06	200.35	201.97	199.8	239.79	204.42
Tangible Book Value Per Share	8.45	9.52	9.59	9.50	12.28	13.02
Construction In Progress	-	5	4.14	9.9	8.78	1.15

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.