CES Energy Solutions Corp. (TSX: CEU)

CES Energy Solutions 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	-	-	-	-	18.25	-
Cash & Short-Term Investments	-	-	-	-	18.25	-
Accounts Receivable	468.53	435.3	474.87	303.42	154.27	253.2
Other Receivables	0.06	6.6	5.43	6.24	6.04	4.36
Total Receivables	468.59	441.9	480.3	309.66	160.31	257.57
Inventory	407.03	408.6	428.14	273.5	178.56	220.47
Prepaid Expenses	16.71	25.19	23.03	35.65	16.43	21.78
Other Current Assets	11.41	5.09	2.21	0.39	-	-
Total Current Assets	903.75	880.77	933.68	619.2	373.54	499.82
Gross Property, Plant & Equipment	-	753.01	682.56	600.88	573.67	580.61
Accumulated Depreciation	-	-370.9	-336.93	-293.65	-259.23	-225.99
Net Property, Plant & Equipment	397.39	382.12	345.63	307.23	314.44	354.61
Long-Term Investments	-	16.83	8.27	17.12	13.1	11.08
Goodwill	54.72	53.41	54.69	50.53	50.74	288.96
Other Intangible Assets	23.89	25.99	30.55	33.15	46.91	61.41
Long-Term Deferred Tax Assets	12.09	16.47	36.34	58.65	57.42	2.92
Other Long-Term Assets	19.28	1.69	1.84	1.72	1.73	0.98
Total Assets	1,411	1,377	1,411	1,088	857.89	1,220
Accounts Payable	234.89	227.32	227.79	150.08	78.94	127.07
Accrued Expenses	11.78	7.03	6.51	3.2	1.04	-
Current Portion of Long-Term Debt	31.2	20.8	-	-	-	-
Current Portion of Leases	26.9	27.98	23.23	16.32	19.15	21.77
Current Income Taxes Payable	13	7.64	3.2	2.1	0.89	1.57
Other Current Liabilities	9.74	7.44	6.62	4.06	1.11	1.55
Total Current Liabilities	327.51	298.21	267.34	175.76	101.13	151.96
Long-Term Debt	323.87	369.82	491.48	395.18	284.69	362.79
Long-Term Leases	44.11	45.12	36.41	25.71	13.26	23.08
Long-Term Deferred Tax Liabilities	1.59	1.64	1.84	2.08	2.32	2.64
Other Long-Term Liabilities	5.75	4.48	4.88	2.19	0.83	-
Total Liabilities	702.82	719.27	801.95	600.92	402.23	540.46
Common Stock	582.32	593.01	658.82	658.61	663.28	660.17
Additional Paid-In Capital	32.73	37.46	34.87	33.82	38.05	42.69
Retained Earnings	-93.35	-140.77	-272.08	-349.94	-391.68	-165.83
Comprensive Income & Other	186.59	168.3	187.44	144.18	146.02	142.28
Total Common Equity	708.29	658	609.05	486.68	455.66	679.31
Shareholders' Equity	708.29	658	609.05	486.68	455.66	679.31
Total Liabilities & Equity	1,411	1,377	1,411	1,088	857.89	1,220
Total Debt	426.08	463.72	551.13	437.21	317.1	407.63
Net Cash (Debt)	-426.08	-463.72	-551.13	-437.21	-298.85	-407.63
Net Cash Per Share	-1.71	-1.82	-2.11	-1.66	-1.14	-1.50
Filing Date Shares Outstanding	235.17	232.94	254.63	253.82	253.1	261.78
Total Common Shares Outstanding	234.52	236.04	254.52	253.83	258.26	263.96
Working Capital	576.24	582.56	666.34	443.44	272.41	347.86
Book Value Per Share	3.02	2.79	2.39	1.92	1.76	2.57
Tangible Book Value	629.69	578.59	523.81	403	358.01	328.94
Tangible Book Value Per Share	2.68	2.45	2.06	1.59	1.39	1.25
Land	-	202.9	198.12	182.16	180.77	177.28
Machinery	-	417.42	373	327.54	313.58	321.4

Source: S&P Capital IQ. Standard template.