Harbor Star Shipping Services, Inc. (PSE:TUGS)

PSE:TUGS Balance Sheet

Financials in millions PHP. 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	289.59	383.03	285.19	266.46	263.96	272.48
Cash & Short-Term Investments	289.59	383.03	285.19	266.46	263.96	272.48
Cash Growth	12.86%	34.31%	7.03%	0.95%	-3.13%	173.99%
Accounts Receivable	1,341	1,192	1,089	1,067	806.41	555.14
Other Receivables	-1.15	18.81	2.56	0.76	4.05	2.97
Receivables	1,340	1,211	1,091	1,068	810.47	558.12
Prepaid Expenses	146.19	98.07	80.59	120.29	108.76	53.78
Other Current Assets	421.69	528.26	533.18	416.27	345.73	429.15
Total Current Assets	2,198	2,220	1,990	1,871	1,529	1,314
Property, Plant & Equipment	4,696	4,636	4,600	4,427	3,964	3,845
Long-Term Investments	110.08	148.27	207.44	195	209.09	198.84
Goodwill	-	-	-	-	154.21	154.21
Other Intangible Assets	10.25	24.74	23.55	47.64	56.44	62.22
Long-Term Deferred Tax Assets	-	-	-	-	-	33.78
Other Long-Term Assets	318.49	307.38	312.27	311.21	296.32	305.94
Total Assets	7,332	7,337	7,133	6,851	6,209	5,914
Accounts Payable	890.79	612.18	444.72	399.96	333.36	255.83
Accrued Expenses	202.47	533.52	471.31	399.79	223.19	163.49
Short-Term Debt	-	-	-	22.73	522.27	498
Current Portion of Long-Term Debt	889.18	938.34	257.79	281.28	259.27	2,292
Current Portion of Leases	5.88	7.25	9.07	6.18	6.77	5.04
Current Income Taxes Payable	33.9	35.97	6	8.25	0.3	0.32
Current Unearned Revenue	-	-	9.37	11.77	10.96	7.19
Other Current Liabilities	108.35	96.44	105.5	93.82	79.78	56.22
Total Current Liabilities	2,131	2,224	1,304	1,224	1,436	3,278
Long-Term Debt	2,380	2,371	3,293	3,509	3,312	1,300
Long-Term Leases	39.21	38.97	41.43	27	31.83	35.59
Long-Term Deferred Tax Liabilities	259.14	236.83	243.38	170.36	49.45	-
Other Long-Term Liabilities	9.3	9.3	-	7.11	15.25	11.73
Total Liabilities	4,997	5,058	5,046	5,080	4,950	4,751
Common Stock	907.86	907.86	907.86	907.86	907.86	907.86
Additional Paid-In Capital	121.63	121.63	121.63	121.63	121.63	121.63
Retained Earnings	369.23	248.06	52.27	-7.69	-32.19	93.97
Treasury Stock	-37.61	-37.61	-37.61	-37.61	-37.61	-37.61
Comprehensive Income & Other	942.6	942.6	1,025	758.2	278.71	64.16
Total Common Equity	2,304	2,183	2,069	1,742	1,238	1,150
Minority Interest	31.52	96.39	18.11	28.98	20.53	13.37
Shareholders' Equity	2,335	2,279	2,087	1,771	1,259	1,163
Total Liabilities & Equity	7,332	7,337	7,133	6,851	6,209	5,914
Total Debt	3,315	3,356	3,601	3,847	4,132	4,131
Net Cash (Debt)	-3,025	-2,973	-3,316	-3,580	-3,868	-3,859
Net Cash Per Share	-3.38	-3.32	-3.71	-4.00	-4.32	-4.31
Filing Date Shares Outstanding	894.59	894.59	894.59	894.59	894.59	894.59
Total Common Shares Outstanding	894.59	894.59	894.59	894.59	894.59	894.59
Working Capital	66.93	-3.23	686.68	646.89	93.02	-1,965
Book Value Per Share	2.58	2.44	2.31	1.95	1.38	1.29
Tangible Book Value	2,293	2,158	2,046	1,695	1,028	933.58
Tangible Book Value Per Share	2.56	2.41	2.29	1.89	1.15	1.04
Land	-	39.56	39.56	39.56	39.56	39.56
Buildings	-	2,044	2,038	-	2,016	2,016
Machinery	-	1,372	1,334	3,217	1,112	1,123
Construction In Progress	-	65.56	23.26	23.01	18.14	18.14

Updated Nov 13, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.