Civeo Corporation (CVEO)

Civeo Balance Sheet

Financials in millions USD. 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	28.37	5.2	3.32	7.95	6.28	6.16
Cash & Short-Term Investments	28.37	5.2	3.32	7.95	6.28	6.16
Cash Growth	69.36%	56.61%	-58.22%	26.62%	2.06%	84.78%
Accounts Receivable	90.51	85.49	139.66	117.81	113.89	88.36
Other Receivables	3.12	3.54	3.56	1.94	0.97	1.42
Receivables	93.64	89.04	143.22	119.76	114.86	89.78
Inventory	5.74	7.54	6.98	6.91	6.47	6.18
Prepaid Expenses	5.47	7.46	8.44	7.2	6.88	7.02
Other Current Assets	1.22	1.21	13.28	11.73	22.71	10.08
Total Current Assets	134.44	110.45	175.25	153.55	157.19	119.21
Property, Plant & Equipment	208.91	216.97	283.61	317.61	408.32	509.54
Goodwill	7.05	7	7.69	7.67	8.2	8.73
Other Intangible Assets	65.29	66.5	78	81.75	93.64	99.75
Long-Term Deferred Tax Assets	-	-	-	-	-	2.23
Other Long-Term Assets	8.06	4.14	3.52	5.6	5.37	1.39
Total Assets	423.75	405.07	548.06	566.18	672.73	740.85
Accounts Payable	38.7	39.97	58.7	51.09	49.32	42.06
Accrued Expenses	26.08	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	8.89	10.85	3.83	0.18	0.17	0.2
Current Unearned Revenue	2.58	2.5	4.85	0.99	18.48	6.81
Other Current Liabilities	4.91	0.75	2.58	4.55	0.56	1.32
Total Current Liabilities	81.15	92.65	114.24	128.26	136.92	116.77
Long-Term Debt	87.37	43.3	65.55	102.51	142.6	214
Long-Term Leases	10.04	8.81	9.88	12.77	15.43	19.83
Long-Term Deferred Tax Liabilities	3.07	3.56	11.8	4.78	0.9	-
Other Long-Term Liabilities	16.86	19.76	23.55	14.17	13.78	14.9
Total Liabilities	203.01	168.07	225.02	262.48	309.62	365.5
Additional Paid-In Capital	1,632	1,632	1,629	1,625	1,582	1,578
Retained Earnings	-997.4	-980.72	-919.02	-930.12	-912.95	-907.73
Treasury Stock	-10.78	-10.13	-9.06	-9.06	-8.05	-6.93
Comprehensive Income & Other	-403.51	-404.6	-380.72	-385.19	-361.88	-348.99
Total Common Equity	220.74	236.37	320.17	300.14	299.56	314.67
Minority Interest	-	0.63	2.87	3.56	1.61	0.67
Shareholders' Equity	220.74	237	323.04	303.7	363.11	375.36
Total Liabilities & Equity	423.75	405.07	548.06	566.18	672.73	740.85
Total Debt	97.4	55.75	79.19	147.52	192.85	272.86
Net Cash (Debt)	-69.03	-50.55	-75.87	-139.56	-186.57	-266.7
Net Cash Per Share	-4.92	-3.54	-5.05	-9.97	-13.11	-18.88
Filing Date Shares Outstanding	13.45	13.65	14.67	15.22	14.11	14.29
Total Common Shares Outstanding	13.54	13.65	14.68	15.22	14.11	14.22
Working Capital	53.29	17.81	61.01	25.29	20.28	2.45
Book Value Per Share	16.30	17.31	21.81	19.72	21.23	22.14
Tangible Book Value	148.4	162.87	234.48	210.72	197.71	206.19
Tangible Book Value Per Share	10.96	11.93	15.97	13.85	14.01	14.50
Land	24.16	24.05	27.99	25.53	30.56	47.75
Buildings	12.89	12.39	14.6	15.52	24.34	28.83
Machinery	88.49	88.23	90.53	82.91	92.79	90
Construction In Progress	8.41	6.84	12.09	1.77	2.06	5.52

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q