Badger Infrastructure Solutions Ltd. (TSX: BDGI)

BDGI Balance Sheet

Financials in millions USD. 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	8.41	8.51	5.4	4.14	17.3	8.8
Cash & Short-Term Investments	8.41	8.51	5.4	4.14	17.3	8.8
Cash Growth	148.39%	57.71%	30.48%	-76.08%	96.51%	-81.78%
Accounts Receivable	151.44	158.02	141.5	113.81	148.11	182.17
Other Receivables	6.67	7.72	-	10.66	5.43	9.59
Total Receivables	158.11	165.74	141.5	124.46	153.54	191.76
Inventory	12.47	13.33	25.21	10.7	9.34	8.26
Prepaid Expenses	7.74	8.52	9.55	5.74	8.54	9.65
Other Current Assets	8.43	3.42	-	-	-	-
Total Current Assets	195.16	199.53	181.66	145.04	188.72	218.46
Gross Property, Plant & Equipment	-	735.97	636.37	594.92	725	722.06
Accumulated Depreciation	-	-330.14	-308.06	-286.58	-323.12	-303.57
Net Property, Plant & Equipment	417.86	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	23.2	23.6	21.83	23.65	30.67	30.4
Other Long-Term Assets	5.26	2.83	-	-	-	-
Total Assets	642.68	633.01	533	478.31	622.89	668.96
Accounts Payable	68.07	29.67	24.36	15.38	16.52	28.04
Accrued Expenses	24.32	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	16.39	15.08	8.75	5.87	5.41	5.71
Current Income Taxes Payable	-	-	1.14	-	-	-
Other Current Liabilities	4.58	11.66	15.59	3.11	1.74	1.66
Total Current Liabilities	113.36	138.41	104.33	102.22	118.18	131.07
Long-Term Debt	193.96	163.69	138.88	95.62	99.9	131.19
Long-Term Leases	32.4	32.15	18.36	9.54	9.8	11.44
Long-Term Deferred Tax Liabilities	53.21	53.77	47.51	48.67	63.28	64.59
Other Long-Term Liabilities	7.79	-	1.07	0.46	3.21	-
Total Liabilities	400.72	388.02	310.15	256.5	294.37	338.29
Common Stock	66.95	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	180.59	183.39	159.33	158.5	230	227.91
Comprensive Income & Other	-6	-5.77	-3.86	-4.06	19.12	23.2
Shareholders' Equity	241.96	244.99	222.85	221.82	328.52	330.67
Total Liabilities & Equity	642.68	633.01	533	478.31	622.89	668.96
Total Debt	242.75	210.92	165.99	136.03	146.94	180.81
Net Cash (Debt)	-234.34	-202.41	-160.59	-131.89	-129.64	-172.01
Net Cash Per Share	-6.80	-5.87	-4.66	-3.81	-3.72	-4.80
Filing Date Shares Outstanding	34.47	34.47	34.47	34.47	34.85	34.88
Total Common Shares Outstanding	34.47	34.47	34.47	34.47	34.85	34.93
Working Capital	81.81	61.12	77.32	42.82	70.54	87.39
Book Value Per Share	7.02	7.11	6.46	6.43	9.43	9.47
Tangible Book Value	217.57	220.17	199.82	196.88	296.23	298.65
Tangible Book Value Per Share	6.31	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.