Caribbean Utilities Company, Ltd. (TSX: CUP.U)

CUP.U 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	4.21	3.99	7.95	7.36	45.59	23.66
Accounts Receivable	29.28	25.43	20.92	10.41	3.61	8.91
Other Receivables	1.14	2.27	0.72	0.94	0.53	0.22
Inventory	5.55	5.69	7.95	5.28	3.44	4.53
Prepaid Expenses	5.76	4.29	4	4.54	3.76	2.98
Other Current Assets	34.13	34.56	41.91	24.75	18.2	18.14
Total Current Assets	80.07	76.23	83.45	53.27	75.12	58.44
Property, Plant & Equipment	734.42	697.01	638.9	576.93	554.49	537.99
Other Intangible Assets	4.52	4.11	3.62	3.28	2.97	2.71
Long-Term Deferred Charges	-	0.45	0.56	0.67	0.78	0.88
Other Long-Term Assets	1.72	0.01	0.01	0.01	0.31	0.39
Total Assets	820.74	777.81	726.54	634.15	633.67	600.42
Accounts Payable	43.39	5.51	6.29	3.4	4.43	5.5
Accrued Expenses	2.86	30.36	34.68	22.08	12.62	18.26
Short-Term Debt	15.82	59.64	-	-	-	-
Current Portion of Long-Term Debt	14.22	19.94	19.48	15.56	14.13	14.86
Current Portion of Leases	2.2	1.94	1.09	0.09	0.08	0.08
Other Current Liabilities	14.88	16.28	15.47	14.63	15.86	13.43
Total Current Liabilities	93.48	133.66	77.02	55.75	47.11	52.13
Long-Term Debt	388.44	318.21	338.03	277.73	293.18	307.19
Long-Term Leases	0.51	-	0.77	0.14	-	-
Pension & Post-Retirement Benefits	0.45	0.47	1.85	1.89	2.89	1.83
Other Long-Term Liabilities	0.7	0.72	0.65	0.75	0.99	1.33
Total Liabilities	483.59	453.07	418.31	336.27	344.17	362.48
Preferred Stock, Redeemable	0.25	0.25	0.25	0.25	0.25	0.25
Common Stock	2.28	2.26	2.24	2.22	2.21	1.99
Additional Paid-In Capital	197.27	194.3	190.02	185.69	181.67	130.28
Retained Earnings	137.68	128.26	117.58	111.6	108.29	107.28
Comprehensive Income & Other	-0.32	-0.32	-1.86	-1.89	-2.92	-1.87
Total Common Equity	336.9	324.49	307.98	297.63	289.25	237.69
Shareholders' Equity	337.15	324.74	308.23	297.88	289.5	237.94
Total Liabilities & Equity	820.74	777.81	726.54	634.15	633.67	600.42
Total Debt	421.2	399.73	359.37	293.52	307.39	322.13
Net Cash (Debt)	-416.99	-395.74	-351.42	-286.16	-261.8	-298.46
Net Cash Per Share	-10.96	-10.47	-9.38	-7.69	-7.67	-8.96
Filing Date Shares Outstanding	42.05	38.01	37.66	37.37	37.1	33.48
Total Common Shares Outstanding	38.22	38.01	37.66	37.37	37.1	33.48
Working Capital	-13.41	-57.43	6.43	-2.48	28.01	6.31
Book Value Per Share	8.81	8.54	8.18	7.96	7.80	7.10
Tangible Book Value	332.38	320.39	304.36	294.35	286.28	234.98
Tangible Book Value Per Share	8.70	8.43	8.08	7.88	7.72	7.02
Land	-	10.45	10.45	10.45	10.45	5.3
Buildings	-	22.91	22.87	22.85	22.83	22.56
Machinery	-	1,221	1,127	1,032	974.37	925.15

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