Civeo Corporation (CVEO)

Civeo Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5.2	3.32	7.95	6.28	6.16
Cash & Short-Term Investments	5.2	3.32	7.95	6.28	6.16
Cash Growth	56.61%	-58.22%	26.62%	2.06%	84.78%
Accounts Receivable	85.49	139.66	117.81	113.89	88.36
Other Receivables	3.54	3.56	1.94	0.97	1.42
Receivables	89.04	143.22	119.76	114.86	89.78
Inventory	7.54	6.98	6.91	6.47	6.18
Prepaid Expenses	7.46	8.44	7.2	6.88	7.02
Other Current Assets	1.21	13.28	11.73	22.71	10.08
Total Current Assets	110.45	175.25	153.55	157.19	119.21
Property, Plant & Equipment	216.97	283.61	317.61	408.32	509.54
Goodwill	7	7.69	7.67	8.2	8.73
Other Intangible Assets	66.5	78	81.75	93.64	99.75
Long-Term Deferred Tax Assets	-	-	-	-	2.23
Other Long-Term Assets	4.14	3.52	5.6	5.37	1.39
Total Assets	405.07	548.06	566.18	672.73	740.85
Accounts Payable	39.97	58.7	51.09	49.32	42.06
Accrued Expenses	34.93	40.52	39.21	33.56	27.35
Current Portion of Long-Term Debt	-	-	28.45	30.58	34.59
Current Portion of Leases	3.64	3.76	3.79	4.24	4.44
Current Income Taxes Payable	10.85	3.83	0.18	0.17	0.2
Current Unearned Revenue	2.5	4.85	0.99	18.48	6.81
Other Current Liabilities	0.75	2.58	4.55	0.56	1.32
Total Current Liabilities	92.65	114.24	128.26	136.92	116.77
Long-Term Debt	43.3	65.55	102.51	142.6	214
Long-Term Leases	8.81	9.88	12.77	15.43	19.83
Long-Term Deferred Tax Liabilities	3.56	11.8	4.78	0.9	-
Other Long-Term Liabilities	19.76	23.55	14.17	13.78	14.9
Total Liabilities	168.07	225.02	262.48	309.62	365.5
Additional Paid-In Capital	1,632	1,629	1,625	1,582	1,578
Retained Earnings	-980.72	-919.02	-930.12	-912.95	-907.73
Treasury Stock	-10.13	-9.06	-9.06	-8.05	-6.93
Comprehensive Income & Other	-404.6	-380.72	-385.19	-361.88	-348.99
Total Common Equity	236.37	320.17	300.14	299.56	314.67
Minority Interest	0.63	2.87	3.56	1.61	0.67
Shareholders' Equity	237	323.04	303.7	363.11	375.36
Total Liabilities & Equity	405.07	548.06	566.18	672.73	740.85
Total Debt	55.75	79.19	147.52	192.85	272.86
Net Cash (Debt)	-50.55	-75.87	-139.56	-186.57	-266.7
Net Cash Per Share	-3.54	-5.05	-9.97	-13.11	-18.88
Filing Date Shares Outstanding	13.65	14.67	15.22	14.11	14.29
Total Common Shares Outstanding	13.65	14.68	15.22	14.11	14.22
Working Capital	17.81	61.01	25.29	20.28	2.45
Book Value Per Share	17.31	21.81	19.72	21.23	22.14
Tangible Book Value	162.87	234.48	210.72	197.71	206.19
Tangible Book Value Per Share	11.93	15.97	13.85	14.01	14.50
Land	24.05	27.99	25.53	30.56	47.75
Buildings	12.39	14.6	15.52	24.34	28.83
Machinery	88.23	90.53	82.91	92.79	90
Construction In Progress	6.84	12.09	1.77	2.06	5.52

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