California Water Service Group (CWT)

CWT 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	50.12	39.59	62.1	78.38	44.56
Accounts Receivable	98.3	96.35	88.22	93.55	78.09
Other Receivables	53.72	34.56	42.9	38.15	37.72
Inventory	20.51	16.17	12.56	9.51	8.83
Restricted Cash	45.57	45.38	22.93	2.27	0.57
Other Current Assets	55.92	64.24	66.83	78.6	96.24
Total Current Assets	324.14	296.29	295.54	300.46	266.02
Property, Plant & Equipment	4,148	3,766	3,471	2,849	2,654
Regulatory Assets	357.41	257.62	283.62	285.69	325.38
Goodwill	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	289.67	217.95	161.15	138.13	104.87
Total Assets	5,180	4,596	4,265	3,623	3,394
Accounts Payable	167.53	157.31	140.99	144.37	131.73
Accrued Expenses	45.09	42.84	41.88	36.8	35.51
Short-Term Debt	205	180	70	35	370
Current Portion of Long-Term Debt	70.32	-0.17	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	1.81	3.62	2.61	2.48
Current Income Taxes Payable	6.08	4.59	8.61	5.38	4.48
Other Current Liabilities	28.5	30.49	20.66	39.46	37.94
Total Current Liabilities	538.36	430.34	294.65	271.94	588.71
Long-Term Debt	1,104	1,050	1,050	1,051	776.62
Long-Term Leases	12.97	15.66	16.51	18.52	18.35
Long-Term Unearned Revenue	294.97	286.49	285.4	285.67	268.05
Pension & Post-Retirement Benefits	256.37	171.65	137.12	119.58	134.05
Long-Term Deferred Tax Liabilities	411.08	352.76	330.25	294.65	276.03
Other Long-Term Liabilities	924.35	858.61	828.67	410.13	411.1
Total Liabilities	3,542	3,165	2,942	2,451	2,473
Common Stock	0.6	0.58	0.56	0.54	0.5
Additional Paid-In Capital	966.98	876.58	760.34	651.12	448.63
Retained Earnings	674.92	549.57	556.7	514.87	472.21
Comprehensive Income & Other	-7.22	-	-	-	-
Total Common Equity	1,635	1,427	1,318	1,167	921.34
Minority Interest	3.02	3.58	4.8	5.39	-
Shareholders' Equity	1,638	1,430	1,322	1,172	921.34
Total Liabilities & Equity	5,180	4,596	4,265	3,623	3,394
Total Debt	1,395	1,247	1,141	1,111	1,172
Net Cash (Debt)	-1,345	-1,207	-1,079	-1,033	-1,127
Net Cash Per Share	-22.94	-21.19	-19.84	-20.01	-22.88
Filing Date Shares Outstanding	59.49	57.68	55.6	53.71	50.35
Total Common Shares Outstanding	59.48	57.72	55.6	53.72	50.33
Working Capital	-214.23	-134.05	0.89	28.52	-322.69
Book Value Per Share	27.49	24.72	23.70	21.72	18.30
Tangible Book Value	1,574	1,369	1,264	1,117	877.38
Tangible Book Value Per Share	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	4,595	4,203	3,876	3,580	3,340
Construction In Progress	329.44	287.6	247.01	222.71	171.41

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

SEC Filings: 10-K · 10-Q