STEP Energy Services Ltd. (TSX:STEP)

STEP 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2.02	4.36	1.79	2.79	3.7	1.27
Cash & Short-Term Investments	2.02	4.36	1.79	2.79	3.7	1.27
Cash Growth	-72.86%	144.37%	-35.91%	-24.69%	192.10%	-82.58%
Accounts Receivable	223	81.86	95.86	195.01	84.88	59.15
Other Receivables	1.41	0.91	0.29	4.13	1.87	6.29
Receivables	224.41	82.77	96.16	199.14	86.75	65.43
Inventory	43.24	49.55	47.52	46.41	32.73	26.99
Prepaid Expenses	5.77	8.43	9.25	8.03	10.08	5.78
Other Current Assets	17.35	-	-	-	-	-
Total Current Assets	292.8	145.11	154.72	256.36	133.26	99.47
Property, Plant & Equipment	413.78	429.96	447.61	426.01	350.29	379.62
Other Intangible Assets	1.02	1.16	0.12	0.16	0.31	0.77
Other Long-Term Assets	4.41	4.41	4.07	-	-	-
Total Assets	712.01	580.64	606.52	682.53	483.85	479.86
Accounts Payable	171.72	86.21	91.79	165.87	95.18	48.82
Current Portion of Long-Term Debt	-	-	-	1.5	27.95	-
Current Portion of Leases	9.46	9.73	8.75	8.33	6.21	5.92
Current Income Taxes Payable	3.89	8.28	7.54	9.06	-	0.09
Other Current Liabilities	4.21	5.54	4.54	5.03	-	-
Total Current Liabilities	189.27	109.75	112.61	189.78	129.34	54.82
Long-Term Debt	86.7	56.72	86.15	140.79	162.01	207.63
Long-Term Leases	16.52	18.02	18.73	13.86	9.16	6.8
Long-Term Deferred Tax Liabilities	17.76	16.96	19.39	17.97	1.37	3.83
Other Long-Term Liabilities	8.85	8.65	14.09	14.09	4.52	2.2
Total Liabilities	319.1	210.11	250.97	376.5	306.41	275.28
Common Stock	445.59	447.99	455.68	453.7	435.77	431.8
Additional Paid-In Capital	41.09	40.47	36.06	32.84	30.82	32.37
Retained Earnings	-120.42	-144.57	-146.33	-196.75	-291.53	-263.4
Comprehensive Income & Other	26.65	26.64	10.14	16.24	2.38	3.81
Shareholders' Equity	392.91	370.53	355.55	306.03	177.44	204.58
Total Liabilities & Equity	712.01	580.64	606.52	682.53	483.85	479.86
Total Debt	112.68	84.47	113.63	164.48	205.33	220.35
Net Cash (Debt)	-110.66	-80.11	-111.85	-161.7	-201.63	-219.08
Net Cash Per Share	-1.54	-1.08	-1.49	-2.24	-2.96	-3.25
Filing Date Shares Outstanding	72.06	72.06	71.46	71.62	68.2	67.71
Total Common Shares Outstanding	72.03	72.04	72.23	71.59	68.16	67.71
Working Capital	103.53	35.36	42.1	66.58	3.91	44.65
Book Value Per Share	5.45	5.14	4.92	4.27	2.60	3.02
Tangible Book Value	391.89	369.37	355.43	305.87	177.14	203.81
Tangible Book Value Per Share	5.44	5.13	4.92	4.27	2.60	3.01
Land	28.66	28.66	36.45	36.7	38.07	37.84
Machinery	829.22	940.89	881.02	838.53	730.19	712.48

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.