CES Energy Solutions Corp. (TSX: CEU)

CES Energy Solutions Balance Sheet

Financials in millions CAD. 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	-	-	-	-	18.25	-
Cash & Short-Term Investments	-	-	-	-	18.25	-
Accounts Receivable	450.75	435.3	474.87	303.42	154.27	253.2
Other Receivables	0.59	6.6	5.43	6.24	6.04	4.36
Receivables	451.34	441.9	480.3	309.66	160.31	257.57
Inventory	423.69	408.6	428.14	273.5	178.56	220.47
Prepaid Expenses	31.77	25.19	23.03	35.65	16.43	21.78
Other Current Assets	13.34	5.09	2.21	0.39	-	-
Total Current Assets	920.14	880.77	933.68	619.2	373.54	499.82
Property, Plant & Equipment	444.64	382.12	345.63	307.23	314.44	354.61
Long-Term Investments	-	16.83	8.27	17.12	13.1	11.08
Goodwill	57.03	53.41	54.69	50.53	50.74	288.96
Other Intangible Assets	28.56	25.99	30.55	33.15	46.91	61.41
Long-Term Deferred Tax Assets	4.11	16.47	36.34	58.65	57.42	2.92
Other Long-Term Assets	19.52	1.69	1.84	1.72	1.73	0.98
Total Assets	1,474	1,377	1,411	1,088	857.89	1,220
Accounts Payable	254.77	227.32	227.79	150.08	78.94	127.07
Accrued Expenses	11.49	7.03	6.51	3.2	1.04	-
Current Portion of Long-Term Debt	-	20.8	-	-	-	-
Current Portion of Leases	34.65	27.98	23.23	16.32	19.15	21.77
Current Income Taxes Payable	13.73	7.64	3.2	2.1	0.89	1.57
Other Current Liabilities	11.94	7.44	6.62	4.06	1.11	1.55
Total Current Liabilities	326.58	298.21	267.34	175.76	101.13	151.96
Long-Term Debt	333	369.82	491.48	395.18	284.69	362.79
Long-Term Leases	59.7	45.12	36.41	25.71	13.26	23.08
Long-Term Deferred Tax Liabilities	1.48	1.64	1.84	2.08	2.32	2.64
Other Long-Term Liabilities	6.93	4.48	4.88	2.19	0.83	-
Total Liabilities	727.69	719.27	801.95	600.92	402.23	540.46
Common Stock	538.61	593.01	658.82	658.61	663.28	660.17
Additional Paid-In Capital	36.45	37.46	34.87	33.82	38.05	42.69
Retained Earnings	-12.5	-140.77	-272.08	-349.94	-391.68	-165.83
Comprehensive Income & Other	183.75	168.3	187.44	144.18	146.02	142.28
Total Common Equity	746.31	658	609.05	486.68	455.66	679.31
Shareholders' Equity	746.31	658	609.05	486.68	455.66	679.31
Total Liabilities & Equity	1,474	1,377	1,411	1,088	857.89	1,220
Total Debt	427.35	463.72	551.13	437.21	317.1	407.63
Net Cash (Debt)	-427.35	-463.72	-551.13	-437.21	-298.85	-407.63
Net Cash Per Share	-1.78	-1.82	-2.11	-1.66	-1.14	-1.50
Filing Date Shares Outstanding	226.52	232.94	254.63	253.82	253.1	261.78
Total Common Shares Outstanding	229.53	236.04	254.52	253.83	258.26	263.96
Working Capital	593.56	582.56	666.34	443.44	272.41	347.86
Book Value Per Share	3.25	2.79	2.39	1.92	1.76	2.57
Tangible Book Value	660.73	578.59	523.81	403	358.01	328.94
Tangible Book Value Per Share	2.88	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. Financial Sources.