Badger Infrastructure Solutions Ltd. (TSX: BDGI)

BDGI Balance Sheet

Financials in millions USD. 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	5.09	8.51	5.4	4.14	17.3	8.8
Cash & Short-Term Investments	5.09	8.51	5.4	4.14	17.3	8.8
Cash Growth	-7.47%	57.71%	30.48%	-76.08%	96.51%	-81.78%
Accounts Receivable	192.98	158.02	141.5	113.81	148.11	182.17
Other Receivables	2.47	7.72	-	10.66	5.43	9.59
Receivables	195.44	165.74	141.5	124.46	153.54	191.76
Inventory	12.19	13.33	25.21	10.7	9.34	8.26
Prepaid Expenses	11.4	8.52	9.55	5.74	8.54	9.65
Other Current Assets	1.07	3.42	-	-	-	-
Total Current Assets	225.18	199.53	181.66	145.04	188.72	218.46
Property, Plant & Equipment	440.99	405.83	328.32	308.35	401.88	418.48
Goodwill	1.2	1.23	1.2	1.28	1.62	1.62
Other Intangible Assets	24.21	23.6	21.83	23.65	30.67	30.4
Other Long-Term Assets	-	2.83	-	-	-	-
Total Assets	691.58	633.01	533	478.31	622.89	668.96
Accounts Payable	90.21	29.67	24.36	15.38	16.52	28.04
Accrued Expenses	17.89	82.01	54.49	52.86	62.68	63.2
Current Portion of Long-Term Debt	-	-	-	25	31.83	32.47
Current Portion of Leases	17.8	15.08	8.75	5.87	5.41	5.71
Current Income Taxes Payable	-	-	1.14	-	-	-
Other Current Liabilities	4.59	11.66	15.59	3.11	1.74	1.66
Total Current Liabilities	130.48	138.41	104.33	102.22	118.18	131.07
Long-Term Debt	196.69	163.69	138.88	95.62	99.9	131.19
Long-Term Leases	32.01	32.15	18.36	9.54	9.8	11.44
Long-Term Deferred Tax Liabilities	56.02	53.77	47.51	48.67	63.28	64.59
Other Long-Term Liabilities	9.88	-	1.07	0.46	3.21	-
Total Liabilities	425.08	388.02	310.15	256.5	294.37	338.29
Common Stock	66.88	66.95	66.95	66.95	78.85	79.01
Additional Paid-In Capital	0.42	0.42	0.42	0.42	0.55	0.55
Retained Earnings	205.55	183.39	159.33	158.5	230	227.91
Comprehensive Income & Other	-6.35	-5.77	-3.86	-4.06	19.12	23.2
Shareholders' Equity	266.5	244.99	222.85	221.82	328.52	330.67
Total Liabilities & Equity	691.58	633.01	533	478.31	622.89	668.96
Total Debt	246.49	210.92	165.99	136.03	146.94	180.81
Net Cash (Debt)	-241.4	-202.41	-160.59	-131.89	-129.64	-172.01
Net Cash Per Share	-7.00	-5.87	-4.66	-3.81	-3.72	-4.80
Filing Date Shares Outstanding	34.43	34.47	34.47	34.47	34.85	34.88
Total Common Shares Outstanding	34.43	34.47	34.47	34.47	34.85	34.93
Working Capital	94.7	61.12	77.32	42.82	70.54	87.39
Book Value Per Share	7.74	7.11	6.46	6.43	9.43	9.47
Tangible Book Value	241.1	220.17	199.82	196.88	296.23	298.65
Tangible Book Value Per Share	7.00	6.39	5.80	5.71	8.50	8.55
Land	-	38.19	35.27	32.97	36.94	30.98
Machinery	-	620.31	554.26	530.04	646.35	645.5
Construction In Progress	-	29.66	17.17	12.96	20.36	22.37

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