Shelf Drilling, Ltd. (SHLLF)

Shelf Drilling 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	206.6	152.3	98.2	140.8	232.32	73.41
Cash & Short-Term Investments	206.6	152.3	98.2	140.8	232.32	73.41
Cash Growth	103.35%	55.09%	-30.26%	-39.39%	216.47%	181.74%
Accounts Receivable	218	202.5	213.9	165.5	127.71	119.56
Other Receivables	-	27.6	17.8	12.4	10.42	11.16
Receivables	218	230.1	231.7	177.9	138.14	130.72
Prepaid Expenses	-	9.5	11.7	17.3	7.77	4.71
Restricted Cash	1.2	2	0.9	12.6	2.8	15.52
Other Current Assets	94.8	89.8	76.4	47.7	55.62	111.79
Total Current Assets	520.6	483.7	418.9	396.3	436.65	336.15
Property, Plant & Equipment	1,416	1,437	1,499	1,489	1,044	1,081
Long-Term Deferred Tax Assets	8.4	9	9.3	4.8	3.24	1.96
Long-Term Deferred Charges	-	106.2	126.5	88.3	71.11	55.77
Other Long-Term Assets	145.3	41.1	45.5	68.3	62.08	41.57
Total Assets	2,090	2,077	2,099	2,046	1,618	1,516
Accounts Payable	90.5	94.4	115.7	114.3	68.62	66.63
Accrued Expenses	58.1	50.5	50	60.6	46.72	40.22
Current Portion of Long-Term Debt	95	119.9	82.7	-	-	-
Current Portion of Leases	-	4.2	7.3	8	7.6	8.56
Current Income Taxes Payable	13.8	17.4	13.1	9.1	4.98	4.68
Current Unearned Revenue	32.6	44.6	40.5	4.9	29.04	25.49
Other Current Liabilities	29.9	12.2	3.9	5.1	1.93	1.74
Total Current Liabilities	319.9	343.2	313.2	202	158.88	147.33
Long-Term Debt	1,264	1,237	1,243	1,437	1,193	1,024
Long-Term Leases	-	1.9	4.5	5.7	8.61	13.73
Long-Term Unearned Revenue	7.7	11.5	60	3.5	1.76	5.42
Long-Term Deferred Tax Liabilities	4.3	4.4	8.7	10	7.47	5.59
Other Long-Term Liabilities	50.8	51.1	67.3	72.9	34.62	31.36
Total Liabilities	1,647	1,649	1,696	1,731	1,404	1,227
Common Stock	2.6	2.6	2.1	1.8	1.37	1.36
Additional Paid-In Capital	1,176	1,175	1,160	1,057	1,006	1,003
Retained Earnings	-735.3	-749	-830.4	-822.8	-793.95	-715.31
Total Common Equity	443.3	428.3	332	235.6	213.67	288.96
Minority Interest	-	-	70.3	79.9	-	-
Shareholders' Equity	443.3	428.3	402.3	315.5	213.67	288.96
Total Liabilities & Equity	2,090	2,077	2,099	2,046	1,618	1,516
Total Debt	1,359	1,363	1,337	1,450	1,209	1,046
Net Cash (Debt)	-1,152	-1,211	-1,239	-1,310	-976.43	-972.85
Net Cash Per Share	-4.77	-5.20	-6.27	-8.33	-7.14	-7.15
Filing Date Shares Outstanding	256.4	255.8	213.7	176.37	137.12	136.22
Total Common Shares Outstanding	256.4	255.8	213.7	176.37	137.12	136.22
Working Capital	200.7	140.5	105.7	194.3	277.77	188.82
Book Value Per Share	1.73	1.67	1.55	1.34	1.56	2.12
Tangible Book Value	443.3	428.3	332	235.6	213.67	288.96
Tangible Book Value Per Share	1.73	1.67	1.55	1.34	1.56	2.12
Land	-	2.2	2.2	2.2	2.2	2.2
Machinery	-	1,995	2,042	1,936	1,489	1,412
Construction In Progress	-	29.1	43.7	84.1	25.18	97.69
Order Backlog	-	2,141	2,340	2,682	1,679	1,377

Source: S&P Global Market Intelligence. Standard template. Financial Sources.