Source Energy Services Ltd. (TSX:SHLE)

Source Energy Services Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2.05	19.9	32.72	-	-	-
Cash & Short-Term Investments	2.05	19.9	32.72	-	-	-
Cash Growth	-95.34%	-39.17%	-	-	-	-
Receivables	58.13	81.33	80.83	44.01	42.3	43.5
Inventory	91.75	92.22	89.43	85.1	72.53	56.34
Prepaid Expenses	11.61	11.26	9.62	7.07	7.71	5.73
Other Current Assets	-	-	-	-	-	1.18
Total Current Assets	163.53	204.72	212.59	136.18	122.55	106.75
Property, Plant & Equipment	407.69	390.8	356.7	315.83	193.46	158.75
Long-Term Accounts Receivable	0.42	1.22	2.81	-	-	-
Long-Term Deferred Tax Assets	17.57	16.59	21.83	27.6	-	-
Long-Term Deferred Charges	-	0.35	0.57	-	-	-
Other Long-Term Assets	3.47	3.45	3.73	3.22	10.89	0.54
Total Assets	592.68	617.13	598.22	482.83	326.9	266.03

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	74.49	104.31	94.85	69.65	68.43	29.34
Current Portion of Long-Term Debt	16.89	11.69	8.09	17.56	-	7.5
Current Portion of Leases	29.23	27.54	19.39	16.27	17.7	12.36
Current Income Taxes Payable	8.41	8.11	5.25	0.89	-	-
Current Unearned Revenue	3.34	3.54	11.83	2.73	0.15	0.09
Other Current Liabilities	1.24	1.19	1.56	1.27	1.18	1.02
Total Current Liabilities	133.6	156.38	140.97	108.37	87.45	50.31
Long-Term Debt	173.69	162.59	186.87	141.53	176.52	175.53
Long-Term Leases	71.71	75.44	60.52	46.42	50.72	26.08
Long-Term Unearned Revenue	0.47	0.95	1.64	-	-	-
Long-Term Deferred Tax Liabilities	0.99	4.17	9.12	9.18	-	-
Other Long-Term Liabilities	9.98	8.72	9.23	8.2	6.55	7.59
Total Liabilities	390.45	408.24	408.35	313.7	321.24	259.51

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	403.77	404.74	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	-220.75	-211.86	-244.94	-254.45	-421.8	-413.03
Comprehensive Income & Other	16.75	13.55	21.72	10.49	14.36	6.46
Total Common Equity	202.23	208.9	189.87	169.13	5.66	6.53
Shareholders' Equity	202.23	208.9	189.87	169.13	5.66	6.53
Total Liabilities & Equity	592.68	617.13	598.22	482.83	326.9	266.03

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	291.53	277.25	274.87	221.79	244.94	221.47
Net Cash (Debt)	-289.48	-257.35	-242.15	-221.79	-244.94	-221.47
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-22.06	-19.29	-17.88	-15.74	-18.08	-16.35
Filing Date Shares Outstanding	13.02	13.08	13.55	13.55	13.55	13.55
Total Common Shares Outstanding	13.02	13.08	13.55	13.55	13.55	13.55
Working Capital	29.93	48.34	71.62	27.81	35.09	56.44
Book Value Per Share	15.53	15.97	14.02	12.49	0.42	0.48
Tangible Book Value	202.23	208.9	189.87	169.13	5.66	6.53
Tangible Book Value Per Share	15.53	15.97	14.02	12.49	0.42	0.48
Land	273.88	240.01	237.22	210.94	212.84	203.27
Machinery	277.91	251.37	241.04	213.76	210.94	196.34
Construction In Progress	29.43	51.04	31.57	25.78	26.44	23.08

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 30, 2026

Data Sources Report a data error