California Water Service Group (CWT)

CWT Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	59.56	39.59	62.1	78.38	44.56	42.65
Accounts Receivable	137.05	96.35	88.22	93.55	78.09	66.94
Other Receivables	41.74	34.56	42.9	38.15	37.72	28.51
Inventory	19.87	16.17	12.56	9.51	8.83	7.75
Restricted Cash	45.64	45.38	22.93	2.27	0.57	0.65
Other Current Assets	59.1	64.24	66.83	78.6	96.24	38.23
Total Current Assets	362.95	296.29	295.54	300.46	266.02	184.71
Property, Plant & Equipment	4,041	3,766	3,471	2,849	2,654	2,410
Regulatory Assets	340.42	257.62	283.62	285.69	325.38	433.32
Goodwill	37.04	37.04	36.81	36.81	31.84	2.62
Other Intangible Assets	-	20.73	16.81	13.12	12.12	10.9
Other Long-Term Assets	233.62	217.95	161.15	138.13	104.87	69.89
Total Assets	5,015	4,596	4,265	3,623	3,394	3,111
Accounts Payable	171.5	157.31	140.99	144.37	131.73	108.46
Accrued Expenses	114.21	42.84	41.88	36.8	35.51	37.58
Short-Term Debt	260	180	70	35	370	175.1
Current Portion of Long-Term Debt	-	-	0.76	4.38	4.41	21.19
Current Unearned Revenue	-	13.49	8.14	3.94	2.17	2.02
Current Portion of Leases	0.89	1.63	3.62	2.61	2.48	2.13
Current Income Taxes Payable	-	4.59	8.61	5.38	4.48	4.45
Other Current Liabilities	24.13	30.49	20.66	39.46	37.94	7.79
Total Current Liabilities	570.73	430.34	294.65	271.94	588.71	358.72
Long-Term Debt	1,052	1,050	1,050	1,051	776.62	781.55
Long-Term Leases	-	15.83	16.51	18.52	18.35	18.13
Long-Term Unearned Revenue	292.54	286.49	285.4	285.67	268.05	241.54
Pension & Post-Retirement Benefits	185.4	171.65	137.12	119.58	134.05	258.91
Long-Term Deferred Tax Liabilities	365.6	352.76	330.25	294.65	276.03	222.59
Other Long-Term Liabilities	917.43	858.61	828.67	410.13	411.1	449.97
Total Liabilities	3,383	3,165	2,942	2,451	2,473	2,331
Common Stock	0.6	0.58	0.56	0.54	0.5	0.49
Additional Paid-In Capital	965.28	876.58	760.34	651.12	448.63	362.28
Retained Earnings	671.91	549.57	556.7	514.87	472.21	417.15
Total Common Equity	1,629	1,427	1,318	1,167	921.34	779.91
Minority Interest	3.04	3.58	4.8	5.39	-	-
Shareholders' Equity	1,632	1,430	1,322	1,172	921.34	779.91
Total Liabilities & Equity	5,015	4,596	4,265	3,623	3,394	3,111
Total Debt	1,312	1,247	1,141	1,111	1,172	998.1
Net Cash (Debt)	-1,253	-1,207	-1,079	-1,033	-1,127	-955.45
Net Cash Per Share	-21.53	-21.19	-19.84	-20.01	-22.88	-19.84
Filing Date Shares Outstanding	59.47	57.68	55.6	53.71	50.35	48.54
Total Common Shares Outstanding	59.47	57.72	55.6	53.72	50.33	48.53
Working Capital	-207.78	-134.05	0.89	28.52	-322.69	-174.01
Book Value Per Share	27.38	24.72	23.70	21.72	18.30	16.07
Tangible Book Value	1,592	1,369	1,264	1,117	877.38	766.39
Tangible Book Value Per Share	26.76	23.72	22.73	20.79	17.43	15.79
Land	-	47	45.86	45.05	45.67	45.05
Buildings	-	354.63	339.68	319.53	305.79	281.46
Machinery	4,874	4,203	3,876	3,580	3,340	2,954
Construction In Progress	389.9	287.6	247.01	222.71	171.41	245.17

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