STEP Energy Services Ltd. (TSX: STEP)

STEP Energy Services Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2.96	1.79	2.79	3.7	1.27	7.27
Cash & Short-Term Investments	2.96	1.79	2.79	3.7	1.27	7.27
Cash Growth	-48.23%	-35.91%	-24.69%	192.10%	-82.58%	1896.43%
Accounts Receivable	142.01	95.86	195.01	84.88	59.15	103.39
Other Receivables	3.6	0.29	4.13	1.87	6.29	10.04
Receivables	145.61	96.16	199.14	86.75	65.43	113.43
Inventory	50.96	47.52	46.41	32.73	26.99	28.4
Prepaid Expenses	3.36	9.25	8.03	10.08	5.78	8.42
Other Current Assets	0.31	-	-	-	-	1.36
Total Current Assets	203.21	154.72	256.36	133.26	99.47	158.88
Property, Plant & Equipment	466.01	447.61	426.01	350.29	379.62	525.84
Other Intangible Assets	0.1	0.12	0.16	0.31	0.77	1.33
Other Long-Term Assets	4.33	4.07	-	-	-	-
Total Assets	673.65	606.52	682.53	483.85	479.86	686.04
Accounts Payable	116.68	91.79	165.87	95.18	48.82	77.07
Current Portion of Long-Term Debt	-	1.8	1.5	27.95	-	-
Current Portion of Leases	8.92	8.75	8.33	6.21	5.92	9.57
Current Income Taxes Payable	9.61	7.54	9.06	-	0.09	0.09
Other Current Liabilities	3.42	2.74	5.03	-	-	-
Total Current Liabilities	138.62	112.61	189.78	129.34	54.82	86.72
Long-Term Debt	77.29	86.15	140.79	162.01	207.63	237.42
Long-Term Leases	17.82	18.73	13.86	9.16	6.8	9.45
Long-Term Deferred Tax Liabilities	19.77	19.39	17.97	1.37	3.83	29.02
Other Long-Term Liabilities	11.3	14.09	14.09	4.52	2.2	0.61
Total Liabilities	264.81	250.97	376.5	306.41	275.28	363.22
Common Stock	447.86	455.68	453.7	435.77	431.8	428.82
Additional Paid-In Capital	37.95	36.06	32.84	30.82	32.37	32.2
Retained Earnings	-94.5	-146.33	-196.75	-291.53	-263.4	-144.04
Comprehensive Income & Other	17.52	10.14	16.24	2.38	3.81	5.85
Shareholders' Equity	408.84	355.55	306.03	177.44	204.58	322.82
Total Liabilities & Equity	673.65	606.52	682.53	483.85	479.86	686.04
Total Debt	104.03	115.43	164.48	205.33	220.35	256.44
Net Cash (Debt)	-101.08	-113.65	-161.7	-201.63	-219.08	-249.17
Net Cash Per Share	-1.35	-1.51	-2.24	-2.96	-3.25	-3.73
Filing Date Shares Outstanding	71.68	71.46	71.62	68.2	67.71	66.94
Total Common Shares Outstanding	71.64	72.23	71.59	68.16	67.71	66.94
Working Capital	64.58	42.1	66.58	3.91	44.65	72.16
Book Value Per Share	5.71	4.92	4.27	2.60	3.02	4.82
Tangible Book Value	408.74	355.43	305.87	177.14	203.81	321.5
Tangible Book Value Per Share	5.71	4.92	4.27	2.60	3.01	4.80
Land	-	36.45	36.7	38.07	37.84	37.03
Machinery	-	881.02	838.53	730.19	712.48	707.59

Source: S&P Capital IQ. Standard template. Financial Sources.