Tidewater Midstream and Infrastructure Ltd. (TSX:TWM)

TSX:TWM Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1.1	0.1	0.1	17	15.8
Cash & Short-Term Investments	1.1	0.1	0.1	17	15.8
Cash Growth	1000.00%	-	-99.41%	7.60%	59.10%
Accounts Receivable	120	159.1	147.8	269.9	242.9
Inventory	96.6	132.8	98.1	87.9	59.4
Other Current Assets	26	56.2	357.7	76.1	44.3
Total Current Assets	243.7	348.2	603.7	450.9	362.4
Net Property, Plant & Equipment	810.8	832.6	924.5	1,664	1,498
Long-Term Investments	39	35.4	34.8	94.5	61.2
Other Long-Term Assets	11.8	24.8	40.6	65.6	49.4
Total Assets	1,105	1,241	1,604	2,275	1,971
Accounts Payable	216.8	206.1	360.7	475.5	311.1
Short-Term Debt	164.3	14.8	420	-	143.6
Current Portion of Long-Term Debt	-	-	73.3	-	-
Current Portion of Leases	9.3	12.7	36.5	47	46.5
Other Current Liabilities	6.7	37.7	34.2	29.6	22.9
Total Current Liabilities	397.1	271.3	924.7	552.1	524.1
Long-Term Debt	392.8	531	222.3	736.7	541.2
Long-Term Leases	8.3	14.3	16.9	133.6	158.4
Other Long-Term Liabilities	90	91.4	99.2	105.9	104.2
Total Long-Term Liabilities	491.1	636.7	338.4	976.2	803.8
Total Liabilities	888.2	908	1,263	1,528	1,328
Total Common Shareholders' Equity	182.2	290.6	310.8	703.3	616.6
Minority Interest	34.9	42.4	29.7	43	26.1
Shareholders' Equity	217.1	333	340.5	746.3	642.7
Total Liabilities & Equity	1,105	1,241	1,604	2,275	1,971
Total Debt	574.7	572.8	769	917.3	889.7
Net Cash (Debt)	-573.6	-572.7	-768.9	-900.3	-873.9
Net Cash Per Share	-26.56	-26.64	-36.15	-47.33	-42.44
Book Value	182.2	290.6	310.8	703.3	616.6
Book Value Per Share	8.44	13.52	14.61	36.98	29.95
Tangible Book Value	182.2	290.6	310.8	703.3	616.6
Tangible Book Value Per Share	8.44	13.52	14.61	36.98	29.95

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.