California Water Service Group (CWT)

CWT 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	75.99	50.12	39.59	62.1	78.38	44.56
Accounts Receivable	141.64	98.3	96.35	88.22	93.55	78.09
Other Receivables	41.97	53.72	34.56	42.9	38.15	37.72
Inventory	20.07	20.51	16.17	12.56	9.51	8.83
Restricted Cash	45.62	45.57	45.38	22.93	2.27	0.57
Other Current Assets	74.03	55.92	64.24	66.83	78.6	96.24
Total Current Assets	399.31	324.14	296.29	295.54	300.46	266.02
Property, Plant & Equipment	4,444	4,148	3,766	3,471	2,849	2,654
Regulatory Assets	326.52	357.41	257.62	283.62	285.69	325.38
Goodwill	37.06	37.06	37.04	36.81	36.81	31.84
Other Intangible Assets	-	24.1	20.73	16.81	13.12	12.12
Other Long-Term Assets	312.52	289.67	217.95	161.15	138.13	104.87
Total Assets	5,519	5,180	4,596	4,265	3,623	3,394
Accounts Payable	188.18	167.53	157.31	140.99	144.37	131.73
Accrued Expenses	82.92	45.09	42.84	41.88	36.8	35.51
Short-Term Debt	345	205	180	70	35	370
Current Portion of Long-Term Debt	72.49	70.32	-	0.76	4.38	4.41
Current Unearned Revenue	-	12.52	13.49	8.14	3.94	2.17
Current Portion of Leases	-	3.32	1.63	3.62	2.61	2.48
Current Income Taxes Payable	17.89	6.08	4.59	8.61	5.38	4.48
Other Current Liabilities	23.44	28.5	30.49	20.66	39.46	37.94
Total Current Liabilities	729.92	538.36	430.34	294.65	271.94	588.71
Long-Term Debt	1,104	1,104	1,050	1,050	1,051	776.62
Long-Term Leases	-	12.97	15.83	16.51	18.52	18.35
Long-Term Unearned Revenue	295.65	294.97	286.49	285.4	285.67	268.05
Pension & Post-Retirement Benefits	256.02	256.37	171.65	137.12	119.58	134.05
Long-Term Deferred Tax Liabilities	407.56	411.08	352.76	330.25	294.65	276.03
Other Long-Term Liabilities	1,024	924.35	858.61	828.67	410.13	411.1
Total Liabilities	3,817	3,542	3,165	2,942	2,451	2,473
Common Stock	0.6	0.6	0.58	0.56	0.54	0.5
Additional Paid-In Capital	970.96	966.98	876.58	760.34	651.12	448.63
Retained Earnings	735.67	674.92	549.57	556.7	514.87	472.21
Comprehensive Income & Other	-6.76	-7.22	-	-	-	-
Total Common Equity	1,700	1,635	1,427	1,318	1,167	921.34
Minority Interest	2.42	3.02	3.58	4.8	5.39	-
Shareholders' Equity	1,703	1,638	1,430	1,322	1,172	921.34
Total Liabilities & Equity	5,519	5,180	4,596	4,265	3,623	3,394
Total Debt	1,521	1,395	1,247	1,141	1,111	1,172
Net Cash (Debt)	-1,445	-1,345	-1,207	-1,079	-1,033	-1,127
Net Cash Per Share	-24.25	-22.94	-21.19	-19.84	-20.01	-22.88
Filing Date Shares Outstanding	59.59	59.49	57.68	55.6	53.71	50.35
Total Common Shares Outstanding	59.59	59.48	57.72	55.6	53.72	50.33
Working Capital	-330.61	-214.23	-134.05	0.89	28.52	-322.69
Book Value Per Share	28.54	27.49	24.72	23.70	21.72	18.30
Tangible Book Value	1,663	1,574	1,369	1,264	1,117	877.38
Tangible Book Value Per Share	27.91	26.46	23.72	22.73	20.79	17.43
Land	-	56.62	47	45.86	45.05	45.67
Buildings	-	382.03	354.63	339.68	319.53	305.79
Machinery	5,319	4,595	4,203	3,876	3,580	3,340
Construction In Progress	443.4	329.44	287.6	247.01	222.71	171.41

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.

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