Polaris Renewable Energy Inc. (TSX:PIF)

Polaris Renewable Energy Balance Sheet

Financials in millions USD. 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	87.02	213.31	40.05	35.33	97.93	60.06
Accounts Receivable	13.26	11.28	10.63	11.24	9.42	19.89
Other Receivables	-	2.12	1.57	1.2	1.41	0.83
Prepaid Expenses	4.68	1.19	0.92	0.99	0.94	0.57
Other Current Assets	-	0.67	0.88	1.85	0.43	0.37
Total Current Assets	104.96	228.56	54.04	50.61	110.14	81.72
Property, Plant & Equipment	375.67	360.12	383.82	402.07	358.85	374.68
Goodwill	9.31	8.56	12.36	12.36	-	-
Other Intangible Assets	50.17	50.84	55.01	57.53	22.97	24.33
Long-Term Investments	-	-	-	-	-	0.16
Long-Term Deferred Tax Assets	7.22	6.8	6.64	3.91	0.86	1.78
Other Long-Term Assets	10.89	7.23	7.52	8.63	9.89	7.33
Total Assets	558.22	662.11	519.4	535.1	502.7	489.99
Accounts Payable	21.19	10.09	11.97	9.5	8.15	6.06
Accrued Expenses	-	2.02	0.82	0.76	0.44	2.63
Current Portion of Long-Term Debt	4.3	16.27	15.85	14.94	23.12	21.07
Current Unearned Revenue	-	-	-	-	0.15	-
Current Portion of Leases	0.37	0.43	0.4	0.42	0.3	0.19
Other Current Liabilities	4.82	5.03	2.32	4.97	2.15	3.98
Total Current Liabilities	30.68	33.84	31.35	30.6	34.31	33.92
Long-Term Debt	214.72	312.08	156.53	169.47	146.57	168.23
Long-Term Leases	2.06	2.15	2.35	2.5	1	0.5
Long-Term Deferred Tax Liabilities	56.73	54.51	59.24	62.33	54.76	51.81
Other Long-Term Liabilities	8.22	-	-	-	5.24	8.77
Total Liabilities	312.42	402.58	249.47	264.89	241.88	263.22
Common Stock	666.36	666.38	666.39	666.04	649.08	598.98
Additional Paid-In Capital	13.96	14.09	14.02	13.84	14.27	19.72
Retained Earnings	-434.33	-420.73	-411.07	-410.2	-400.59	-389.95
Total Common Equity	245.99	259.75	269.34	269.68	262.76	228.75
Minority Interest	-0.19	-0.22	0.59	0.54	-1.94	-1.98
Shareholders' Equity	245.8	259.53	269.93	270.21	260.82	226.77
Total Liabilities & Equity	558.22	662.11	519.4	535.1	502.7	489.99
Total Debt	221.46	330.93	175.12	187.33	170.99	189.99
Net Cash (Debt)	-134.44	-117.62	-135.07	-152	-73.06	-129.93
Net Cash Per Share	-6.31	-5.56	-6.41	-7.54	-3.84	-7.68
Filing Date Shares Outstanding	21.31	21.07	21.08	21.03	19.63	18.51
Total Common Shares Outstanding	21.31	21.06	21.06	21.03	19.53	15.71
Working Capital	74.27	194.73	22.69	20.01	75.84	47.8
Book Value Per Share	11.54	12.34	12.79	12.83	13.46	14.56
Tangible Book Value	186.51	200.35	201.97	199.8	239.79	204.42
Tangible Book Value Per Share	8.75	9.52	9.59	9.50	12.28	13.02
Construction In Progress	-	5	4.14	9.9	8.78	1.15

Updated Feb 20, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.