Advantage Energy Ltd. (TSX: AAV)

Advantage Energy Balance Sheet

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	19.09	19.26	48.94	25.24	3.28	13.1
Cash & Short-Term Investments	19.09	19.26	48.94	25.24	3.28	13.1
Cash Growth	74.41%	-60.64%	93.91%	669.69%	-74.97%	105.99%
Accounts Receivable	51.5	49.6	87.05	49.89	27.11	28.02
Other Receivables	-	3.77	5.77	4.88	1.38	1.3
Total Receivables	51.5	53.38	92.82	54.77	28.49	29.32
Prepaid Expenses	14.64	16.62	14.61	3.48	2.02	1.49
Other Current Assets	27.62	31.2	22.36	0.28	6.86	2.03
Total Current Assets	112.85	120.46	178.73	83.77	40.65	45.93
Gross Property, Plant & Equipment	3,591	3,515	3,217	2,994	2,841	2,678
Accumulated Depreciation	-1,466.66	-1,425.65	-1,277	-1,143.08	-1,376.98	-905.09
Net Property, Plant & Equipment	2,124	2,089	1,940	1,851	1,464	1,773
Other Intangible Assets	5.86	5.36	4.01	2.99	-	-
Long-Term Deferred Tax Assets	-	-	-	-	24.81	-
Other Long-Term Assets	99.52	84.01	93.99	57.7	4.14	-
Total Assets	2,342	2,299	2,217	1,995	1,534	1,818
Accounts Payable	74.82	66.03	78.28	71.85	37.01	50.69
Accrued Expenses	5.42	9.93	12.08	9.88	1.08	1.22
Current Portion of Long-Term Debt	61.4	4.81	4.27	3.7	3.38	-
Current Portion of Leases	0.72	0.52	0.43	0.36	0.26	0.27
Current Unearned Revenue	6.6	-	-	-	-	-
Other Current Liabilities	7.76	15.15	17.33	4.82	15.3	12.46
Total Current Liabilities	156.72	96.44	112.39	90.61	57.02	64.62
Long-Term Debt	325.41	347.2	293.08	257.14	340.59	295.62
Long-Term Leases	1.84	1.45	1.72	1.81	2.02	2.27
Long-Term Deferred Tax Liabilities	244.8	237.06	201.42	96.28	-	58.46
Other Long-Term Liabilities	56.42	60.49	43.67	89.03	93.92	81.38
Total Liabilities	785.2	742.63	652.28	534.87	493.55	502.36
Common Stock	1,923	1,952	2,105	2,371	2,361	2,350
Additional Paid-In Capital	193.69	187.03	142.82	110.32	114.28	117.12
Retained Earnings	-559.82	-582.98	-684.58	-1,023.24	-1,434.77	-1,150.72
Total Common Equity	1,557	1,556	1,563	1,458	1,040	1,316
Minority Interest	-0.16	0.1	1.43	2.33	-	-
Shareholders' Equity	1,557	1,556	1,565	1,460	1,040	1,316
Total Liabilities & Equity	2,342	2,299	2,217	1,995	1,534	1,818
Total Debt	389.36	353.98	299.5	263.01	346.25	298.16
Net Cash (Debt)	-370.27	-334.72	-250.56	-237.77	-342.97	-285.06
Net Cash Per Share	-2.19	-1.95	-1.29	-1.20	-1.83	-1.53
Filing Date Shares Outstanding	161.1	159.8	166.3	190.8	188.1	186.9
Total Common Shares Outstanding	159.83	162.23	171.65	190.83	188.11	186.91
Working Capital	-43.88	24.02	66.34	-6.84	-16.37	-18.69
Book Value Per Share	9.74	9.59	9.11	7.64	5.53	7.04
Tangible Book Value	1,551	1,551	1,559	1,455	1,040	1,316
Tangible Book Value Per Share	9.71	9.56	9.08	7.62	5.53	7.04
Machinery	-	-	-	6.77	6.69	6.44

Source: S&P Capital IQ. Standard template.