CES Energy Solutions Corp. (TSX:CEU)

CES Energy Solutions Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Receivable	569.33	524.85	450.51	435.3	474.87	303.42
Other Receivables	0.6	4.22	3.6	6.6	5.43	6.24
Receivables	569.94	529.07	454.11	441.9	480.3	309.66
Inventory	478.31	414.94	447.05	408.6	428.14	273.5
Prepaid Expenses	48.66	33.41	28.87	25.19	23.03	35.65
Other Current Assets	37.27	22.36	22.12	5.09	2.21	0.39
Total Current Assets	1,134	999.79	952.15	880.77	933.68	619.2
Property, Plant & Equipment	517.12	487.41	468.09	382.12	345.63	307.23
Long-Term Investments	-	19.24	17.25	16.83	8.27	17.12
Goodwill	67.73	65.32	60.79	53.41	54.69	50.53
Other Intangible Assets	44.49	41.35	30.5	25.99	30.55	33.15
Long-Term Deferred Tax Assets	1.35	1.46	7.68	16.47	36.34	58.65
Other Long-Term Assets	24.59	3.29	2.88	1.69	1.84	1.72
Total Assets	1,789	1,618	1,539	1,377	1,411	1,088

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	312.75	266.06	230.07	227.32	227.79	150.08
Accrued Expenses	41.24	22.42	18.07	7.03	6.51	3.2
Current Portion of Long-Term Debt	-	-	-	20.8	-	-
Current Portion of Leases	40.63	39.44	34.59	27.98	23.23	16.32
Current Income Taxes Payable	7.31	8.94	16.16	7.64	3.2	2.1
Other Current Liabilities	18.51	12.4	12.15	7.44	6.62	4.06
Total Current Liabilities	420.44	349.27	311.05	298.21	267.34	175.76
Long-Term Debt	392.98	382.3	344.89	369.82	491.48	395.18
Long-Term Leases	55.59	59.8	57.3	45.12	36.41	25.71
Long-Term Deferred Tax Liabilities	19.9	13.32	1.45	1.64	1.84	2.08
Other Long-Term Liabilities	16.87	11.66	10.42	4.48	4.88	2.19
Total Liabilities	905.78	816.33	725.1	719.27	801.95	600.92

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	348.81	372	502.05	593.01	658.82	658.61
Additional Paid-In Capital	35.63	36.68	37.25	37.46	34.87	33.82
Retained Earnings	255.92	190.3	22.6	-140.77	-272.08	-349.94
Comprehensive Income & Other	243.32	202.54	252.34	168.3	187.44	144.18
Shareholders' Equity	883.68	801.52	814.23	658	609.05	486.68
Total Liabilities & Equity	1,789	1,618	1,539	1,377	1,411	1,088

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	489.2	481.54	436.78	463.72	551.13	437.21
Net Cash (Debt)	-489.2	-481.54	-436.78	-463.72	-551.13	-437.21
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.27	-2.17	-1.85	-1.82	-2.11	-1.66
Filing Date Shares Outstanding	209.74	209.78	224.69	232.94	254.63	253.82
Total Common Shares Outstanding	210.32	210.95	225.33	236.04	254.52	253.83
Working Capital	713.74	650.52	641.11	582.56	666.34	443.44
Book Value Per Share	4.20	3.80	3.61	2.79	2.39	1.92
Tangible Book Value	771.46	694.85	722.94	578.59	523.81	403
Tangible Book Value Per Share	3.67	3.29	3.21	2.45	2.06	1.59
Land	-	251.18	246.53	202.9	198.12	182.16
Machinery	-	540.24	499.52	417.42	373	327.54

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 17, 2026

Data Sources Report a data error