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

PSE: TUGS Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	402.45	285.19	266.46	263.96	272.48	99.45
Cash & Short-Term Investments	402.45	285.19	266.46	263.96	272.48	99.45
Cash Growth	32.60%	7.03%	0.95%	-3.13%	173.99%	-68.58%
Accounts Receivable	1,339	1,089	1,067	806.41	555.14	356.88
Other Receivables	19.3	2.56	0.76	4.05	2.97	-
Receivables	1,358	1,091	1,068	810.47	558.12	356.88
Prepaid Expenses	98.82	80.59	120.29	108.76	53.78	42.81
Other Current Assets	484.31	533.18	416.27	345.73	429.15	700.62
Total Current Assets	2,344	1,990	1,871	1,529	1,314	1,200
Property, Plant & Equipment	4,543	4,600	4,427	3,964	3,845	4,287
Long-Term Investments	211.5	207.44	195	209.09	198.84	117.31
Goodwill	-	-	-	154.21	154.21	154.21
Other Intangible Assets	23.74	23.55	47.64	56.44	62.22	68.13
Long-Term Deferred Tax Assets	0.01	-	-	-	33.78	24.45
Other Long-Term Assets	313.72	312.27	311.21	296.32	305.94	293.97
Total Assets	7,436	7,133	6,851	6,209	5,914	6,145
Accounts Payable	545.03	444.72	399.96	333.36	255.83	197.68
Accrued Expenses	530.66	471.31	399.79	223.19	163.49	81.59
Short-Term Debt	15.95	-	22.73	522.27	498	499.75
Current Portion of Long-Term Debt	77.96	257.79	281.28	259.27	2,292	2,046
Current Portion of Leases	5.77	9.07	6.18	6.77	5.04	17.01
Current Income Taxes Payable	1.94	6	8.25	0.3	0.32	-
Current Unearned Revenue	9.44	9.37	11.77	10.96	7.19	16.94
Other Current Liabilities	78.35	105.5	93.82	79.78	56.22	128.29
Total Current Liabilities	1,265	1,304	1,224	1,436	3,278	2,987
Long-Term Debt	3,256	3,293	3,509	3,312	1,300	1,708
Long-Term Leases	47.99	41.43	27	31.83	35.59	74.75
Long-Term Deferred Tax Liabilities	243.39	243.38	170.36	49.45	-	-
Other Long-Term Liabilities	28.42	-	7.11	15.25	11.73	15.74
Total Liabilities	5,005	5,046	5,080	4,950	4,751	4,899
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	381.15	52.27	-7.69	-32.19	93.97	181.93
Treasury Stock	-37.61	-37.61	-37.61	-37.61	-37.61	-37.61
Comprehensive Income & Other	1,027	1,025	758.2	278.71	64.16	73.22
Total Common Equity	2,400	2,069	1,742	1,238	1,150	1,247
Minority Interest	30.9	18.11	28.98	20.53	13.37	-1.16
Shareholders' Equity	2,431	2,087	1,771	1,259	1,163	1,246
Total Liabilities & Equity	7,436	7,133	6,851	6,209	5,914	6,145
Total Debt	3,404	3,601	3,847	4,132	4,131	4,345
Net Cash (Debt)	-3,001	-3,316	-3,580	-3,868	-3,859	-4,245
Net Cash Per Share	-3.35	-3.71	-4.00	-4.32	-4.31	-4.74
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	1,079	686.68	646.89	93.02	-1,965	-1,787
Book Value Per Share	2.68	2.31	1.95	1.38	1.29	1.39
Tangible Book Value	2,376	2,046	1,695	1,028	933.58	1,025
Tangible Book Value Per Share	2.66	2.29	1.89	1.15	1.04	1.15
Land	-	39.56	39.56	39.56	39.56	39.56
Buildings	-	-	-	2,016	2,016	2,016
Machinery	-	3,372	3,217	1,112	1,123	1,103
Construction In Progress	-	23.26	23.01	18.14	18.14	18.14

Source: S&P Capital IQ. Standard template. Financial Sources.