Canlan Ice Sports Corp. (TSX:ICE)

Canlan Ice Sports Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	19.8	21.68	19.03	18.53	12.53	7.48
Trading Asset Securities	-	-	-	0.41	-	-
Cash & Short-Term Investments	19.8	21.68	19.03	18.94	12.53	7.48
Cash Growth	8.14%	13.92%	0.45%	51.18%	67.51%	-54.74%
Accounts Receivable	3.68	3.3	2.99	2.18	2.3	2.43
Receivables	3.68	3.3	2.99	2.18	2.3	2.43
Inventory	0.65	0.64	0.62	0.61	0.49	0.66
Prepaid Expenses	2.26	1.64	1.26	1.06	0.79	0.89
Other Current Assets	-	-	-	-	-	6.05
Total Current Assets	26.39	27.25	23.9	22.8	16.11	17.52
Property, Plant & Equipment	96.9	97.68	93.33	95.52	97.43	98.77
Long-Term Investments	-	-	0.16	0.56	0.35	0.35
Long-Term Deferred Tax Assets	4.53	4.61	3.59	2.28	1.91	3.83
Other Long-Term Assets	0.98	0.97	1.02	0.56	0.81	1.01
Total Assets	128.8	130.5	122	121.71	116.61	121.48
Accounts Payable	12.83	5	3.3	2.24	1.71	1.52
Accrued Expenses	-	8.84	8.04	6.77	6.44	6.17
Current Portion of Long-Term Debt	2.04	2.04	2.04	1.75	4.46	4.98
Current Portion of Leases	0.9	0.78	0.95	5.52	1.25	1.2
Current Income Taxes Payable	-	1.01	-	0.28	-	-
Current Unearned Revenue	10.47	14.46	14.43	14.08	12.03	6.16
Other Current Liabilities	-	0.4	0.4	0.4	-	-
Total Current Liabilities	26.23	32.53	29.16	31.03	25.9	20.02
Long-Term Debt	39.3	39.5	40.91	38.07	39.36	51.73
Long-Term Leases	7.19	6.7	5.38	4.82	9.97	5.74
Long-Term Deferred Tax Liabilities	0.95	0.94	0.96	1.15	0.97	2.29
Other Long-Term Liabilities	2.53	2.02	0.95	-	-	-
Total Liabilities	76.21	81.68	77.34	75.06	76.2	79.78
Common Stock	63.11	63.11	63.11	63.11	63.11	63.11
Additional Paid-In Capital	0.54	0.54	0.54	0.54	0.54	0.54
Retained Earnings	-16.83	-20.63	-21.83	-20.66	-24.99	-23.9
Comprehensive Income & Other	5.77	5.79	2.83	3.66	1.76	1.96
Shareholders' Equity	52.59	48.82	44.66	46.65	40.42	41.71
Total Liabilities & Equity	128.8	130.5	122	121.71	116.61	121.48
Total Debt	49.43	49.02	49.28	50.14	55.05	63.64
Net Cash (Debt)	-29.63	-27.35	-30.25	-31.2	-42.52	-56.16
Net Cash Per Share	-2.22	-2.05	-2.27	-2.34	-3.19	-4.21
Filing Date Shares Outstanding	13.34	13.34	13.34	13.34	13.34	13.34
Total Common Shares Outstanding	13.34	13.34	13.34	13.34	13.34	13.34
Working Capital	0.15	-5.28	-5.26	-8.24	-9.79	-2.5
Book Value Per Share	3.94	3.66	3.35	3.50	3.03	3.13
Tangible Book Value	52.59	48.82	44.66	46.65	40.42	41.71
Tangible Book Value Per Share	3.94	3.66	3.35	3.50	3.03	3.13
Land	20.34	20.35	19.7	16.61	16.33	16.35
Buildings	122.4	122.49	117.85	121.8	120.19	115.38
Machinery	79.86	78.36	71.45	65.83	63.6	63.16
Construction In Progress	0.38	0.65	0.28	0.45	0.03	0.01
Leasehold Improvements	0.59	0.59	0.59	0.58	2.49	2.53

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.