Source Energy Services Ltd. (TSX:SHLE)

Source Energy Services 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	43.85	32.72	-	-	-	-
Cash & Short-Term Investments	43.85	32.72	-	-	-	-
Receivables	86.41	80.83	44.01	42.3	43.5	33.64
Inventory	79.11	89.43	85.1	72.53	56.34	53.47
Prepaid Expenses	6.53	9.62	7.07	7.71	5.73	4.44
Other Current Assets	-	-	-	-	1.18	-
Total Current Assets	215.9	212.59	136.18	122.55	106.75	91.55
Property, Plant & Equipment	365.01	356.7	315.83	193.46	158.75	174.71
Long-Term Accounts Receivable	2	2.81	-	-	-	-
Long-Term Deferred Tax Assets	15.11	21.83	27.6	-	-	-
Long-Term Deferred Charges	0.43	0.57	-	-	-	-
Other Long-Term Assets	3.65	3.73	3.22	10.89	0.54	-
Total Assets	602.09	598.22	482.83	326.9	266.03	266.26
Accounts Payable	83.6	94.85	69.65	68.43	29.34	33.22
Current Portion of Long-Term Debt	18.35	8.09	17.56	-	7.5	-
Current Portion of Leases	23.94	19.39	16.27	17.7	12.36	11.04
Current Income Taxes Payable	5.56	5.25	0.89	-	-	-
Current Unearned Revenue	4.02	11.83	2.73	0.15	0.09	0.78
Other Current Liabilities	1.48	1.56	1.27	1.18	1.02	1.01
Total Current Liabilities	136.93	140.97	108.37	87.45	50.31	46.04
Long-Term Debt	165.67	186.87	141.53	176.52	175.53	147.28
Long-Term Leases	68.36	60.52	46.42	50.72	26.08	31.29
Long-Term Unearned Revenue	0.85	1.64	-	-	-	-
Long-Term Deferred Tax Liabilities	5.41	9.12	9.18	-	-	-
Other Long-Term Liabilities	8.81	9.23	8.2	6.55	7.59	8.96
Total Liabilities	386.03	408.35	313.7	321.24	259.51	233.57
Common Stock	407.93	410.63	410.63	410.63	410.63	410.63
Additional Paid-In Capital	2.46	2.46	2.46	2.46	2.46	2.46
Retained Earnings	-207.77	-244.94	-254.45	-421.8	-413.03	-388.62
Comprehensive Income & Other	13.45	21.72	10.49	14.36	6.46	8.22
Total Common Equity	216.07	189.87	169.13	5.66	6.53	32.69
Shareholders' Equity	216.07	189.87	169.13	5.66	6.53	32.69
Total Liabilities & Equity	602.09	598.22	482.83	326.9	266.03	266.26
Total Debt	276.31	274.87	221.79	244.94	221.47	189.61
Net Cash (Debt)	-232.47	-242.15	-221.79	-244.94	-221.47	-189.61
Net Cash Per Share	-17.16	-17.88	-15.74	-18.08	-16.35	-37.63
Filing Date Shares Outstanding	13.32	13.55	13.55	13.55	13.55	13.55
Total Common Shares Outstanding	13.32	13.55	13.55	13.55	13.55	13.55
Working Capital	78.96	71.62	27.81	35.09	56.44	45.51
Book Value Per Share	16.22	14.02	12.49	0.42	0.48	2.41
Tangible Book Value	216.07	189.87	169.13	5.66	6.53	32.69
Tangible Book Value Per Share	16.22	14.02	12.49	0.42	0.48	2.41
Land	237.02	237.22	210.94	212.84	203.27	203.3
Machinery	242.89	241.04	213.76	210.94	196.34	194.85
Construction In Progress	32.5	31.57	25.78	26.44	23.08	22.4

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.