North American Construction Group Ltd. (TSX:NOA)

TSX:NOA 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	101.64	77.88	88.61	69.14	16.6	43.45
Cash & Short-Term Investments	101.64	77.88	88.61	69.14	16.6	43.45
Cash Growth	30.86%	-12.12%	28.16%	316.50%	-61.79%	683.68%
Accounts Receivable	188.1	146.27	117.33	89.01	74.18	39.12
Other Receivables	-	23.94	15.55	10.61	4.37	4.12
Receivables	188.1	170.21	132.88	99.61	78.55	43.24
Inventory	74.23	74.08	64.96	49.9	44.54	19.15
Prepaid Expenses	8.67	7.68	7.4	10.59	6.83	4.98
Other Current Assets	0.11	0.68	1.34	1.12	0.66	8.46
Total Current Assets	372.75	330.52	295.2	230.36	147.18	119.28
Property, Plant & Equipment	1,398	1,259	1,156	660.55	655.72	650.4
Long-Term Investments	85.37	84.69	81.44	75.64	55.97	46.26
Goodwill	-	0.52	0.53	0.54	0.54	-
Other Intangible Assets	10.66	9.9	6.97	6.77	3.86	0.38
Long-Term Deferred Tax Assets	-	-	-	0.39	-	16.41
Long-Term Deferred Charges	-	4.85	5.89	0.89	3.51	1.97
Other Long-Term Assets	5.51	4.37	0.38	1.93	1.58	4.37
Total Assets	1,872	1,694	1,546	979.51	869.28	839.06
Accounts Payable	122.7	110.75	146.19	102.55	76.25	41.43
Accrued Expenses	77.43	46.14	31.65	21.68	22.6	15.01
Short-Term Debt	-	8.3	11.39	-	-	-
Current Portion of Long-Term Debt	152.44	84.19	81.31	42.09	19.69	16.26
Current Portion of Leases	1.58	1.77	1.74	2.47	28.35	30.9
Current Income Taxes Payable	-	20.45	26.52	8.19	5.06	3.21
Current Unearned Revenue	22.88	1.94	0.06	1.41	3.35	1.51
Other Current Liabilities	31.42	42.31	25.18	13.92	5.73	1.17
Total Current Liabilities	408.45	315.86	324.02	192.3	161.03	109.48
Long-Term Debt	746.89	664.84	558.46	345.56	258.09	290.47
Long-Term Leases	9.92	66	64.16	45.27	89.09	107.62
Long-Term Unearned Revenue	-	19.03	16.11	-	2.95	4.75
Long-Term Deferred Tax Liabilities	139.07	125.38	108.82	71.89	56.2	64.2
Other Long-Term Liabilities	96.43	114.26	118.24	18.58	23.45	14.1
Total Liabilities	1,401	1,305	1,190	673.59	590.82	590.62
Common Stock	288.52	228.96	229.46	229.46	246.94	255.06
Additional Paid-In Capital	7.73	20.82	20.74	22.1	37.46	46.54
Retained Earnings	179.61	156.13	123.03	70.5	11.86	-35.16
Treasury Stock	-14.74	-15.91	-16.17	-16.44	-17.8	-18
Comprehensive Income & Other	9.97	-1.09	-0.41	0.31	0	-
Total Common Equity	471.09	388.9	356.65	305.92	278.46	248.44
Shareholders' Equity	471.09	388.9	356.65	305.92	278.46	248.44
Total Liabilities & Equity	1,872	1,694	1,546	979.51	869.28	839.06
Total Debt	910.83	825.1	717.06	435.39	395.23	445.25
Net Cash (Debt)	-809.2	-747.23	-628.44	-366.24	-378.63	-401.81
Net Cash Per Share	-26.07	-22.61	-19.03	-10.77	-11.15	-12.44
Filing Date Shares Outstanding	29.32	28.7	26.73	26.41	28.45	28.78
Total Common Shares Outstanding	29.32	26.7	26.74	26.42	28.46	29.17
Working Capital	-35.7	14.66	-28.82	38.06	-13.86	9.79
Book Value Per Share	16.07	14.56	13.34	11.58	9.79	8.52
Tangible Book Value	460.43	378.48	349.16	298.6	274.06	248.07
Tangible Book Value Per Share	15.71	14.17	13.06	11.30	9.63	8.51
Land	-	10.47	10.47	10.47	10.47	10.47
Buildings	-	45.47	45.68	29.73	29.41	22.58
Machinery	-	683.73	582.75	428.69	420.25	415.71
Order Backlog	-	3,116	2,195	568.84	841	736.55

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.