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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1.48	1.79	2.79	3.7	1.27	7.27
Cash & Short-Term Investments	1.48	1.79	2.79	3.7	1.27	7.27
Cash Growth	-0.27%	-35.91%	-24.69%	192.10%	-82.58%	1896.43%
Accounts Receivable	152.94	95.86	195.01	84.88	59.15	103.39
Other Receivables	3.87	0.29	4.13	1.87	6.29	10.04
Receivables	156.81	96.16	199.14	86.75	65.43	113.43
Inventory	47.36	47.52	46.41	32.73	26.99	28.4
Prepaid Expenses	10.04	9.25	8.03	10.08	5.78	8.42
Other Current Assets	-	-	-	-	-	1.36
Total Current Assets	215.68	154.72	256.36	133.26	99.47	158.88
Property, Plant & Equipment	445.43	447.61	426.01	350.29	379.62	525.84
Other Intangible Assets	0.09	0.12	0.16	0.31	0.77	1.33
Other Long-Term Assets	4.16	4.07	-	-	-	-
Total Assets	665.36	606.52	682.53	483.85	479.86	686.04
Accounts Payable	127.74	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	9.18	8.75	8.33	6.21	5.92	9.57
Current Income Taxes Payable	14.3	7.54	9.06	-	0.09	0.09
Other Current Liabilities	3.82	2.74	5.03	-	-	-
Total Current Liabilities	155.04	112.61	189.78	129.34	54.82	86.72
Long-Term Debt	61.48	86.15	140.79	162.01	207.63	237.42
Long-Term Leases	18.04	18.73	13.86	9.16	6.8	9.45
Long-Term Deferred Tax Liabilities	18.33	19.39	17.97	1.37	3.83	29.02
Other Long-Term Liabilities	10.02	14.09	14.09	4.52	2.2	0.61
Total Liabilities	262.91	250.97	376.5	306.41	275.28	363.22
Common Stock	447.88	455.68	453.7	435.77	431.8	428.82
Additional Paid-In Capital	39.26	36.06	32.84	30.82	32.37	32.2
Retained Earnings	-99.96	-146.33	-196.75	-291.53	-263.4	-144.04
Comprehensive Income & Other	15.28	10.14	16.24	2.38	3.81	5.85
Shareholders' Equity	402.46	355.55	306.03	177.44	204.58	322.82
Total Liabilities & Equity	665.36	606.52	682.53	483.85	479.86	686.04
Total Debt	88.7	115.43	164.48	205.33	220.35	256.44
Net Cash (Debt)	-87.22	-113.65	-161.7	-201.63	-219.08	-249.17
Net Cash Per Share	-1.17	-1.51	-2.24	-2.96	-3.25	-3.73
Filing Date Shares Outstanding	71.84	71.46	71.62	68.2	67.71	66.94
Total Common Shares Outstanding	71.73	72.23	71.59	68.16	67.71	66.94
Working Capital	60.64	42.1	66.58	3.91	44.65	72.16
Book Value Per Share	5.61	4.92	4.27	2.60	3.02	4.82
Tangible Book Value	402.36	355.43	305.87	177.14	203.81	321.5
Tangible Book Value Per Share	5.61	4.92	4.27	2.60	3.01	4.80
Land	35.22	36.45	36.7	38.07	37.84	37.03
Machinery	904	881.02	838.53	730.19	712.48	707.59

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