Gulf Island Fabrication, Inc. (GIFI)

Gulf Island Fabrication 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	28.64	27.28	38.18	33.22	52.89	43.16
Short-Term Investments	37.64	38.78	8.23	9.91	-	8
Cash & Short-Term Investments	66.28	66.07	46.41	43.13	52.89	51.16
Cash Growth	10.79%	42.36%	7.61%	-18.45%	3.38%	-26.52%
Accounts Receivable	35.48	31.1	39.04	34.27	20.75	19.19
Receivables	35.48	31.1	39.04	34.27	20.75	19.19
Inventory	3.01	1.91	2.07	1.6	1.78	2.16
Prepaid Expenses	5.62	5.14	6.99	6.48	6.97	7.94
Restricted Cash	1.2	1.2	1.48	1.6	1.3	-
Other Current Assets	-	-	5.64	-	-	72.32
Total Current Assets	111.58	105.41	101.63	87.07	83.68	152.76
Property, Plant & Equipment	22.93	24.95	23.15	31.15	34.67	31.18
Goodwill	2.22	2.22	2.22	2.22	2.22	-
Other Intangible Assets	0.52	0.56	0.7	0.84	0.98	-
Long-Term Accounts Receivable	-	-	-	-	12.5	12.5
Other Long-Term Assets	0.91	0.08	0.74	13.58	1.23	40.3
Total Assets	138.16	133.22	128.43	134.87	135.27	236.74
Accounts Payable	9.52	5.8	8.47	8.31	9.28	12.36
Accrued Expenses	11.22	12.68	14.84	14.28	14.03	13.76
Current Portion of Long-Term Debt	1.12	1.12	1.08	-	-	5.5
Current Portion of Leases	-	0.5	-	-	-	-
Current Unearned Revenue	0.93	1.28	5.47	8.2	6.65	10.26
Other Current Liabilities	-	-	-	-	-	63.81
Total Current Liabilities	22.79	21.38	29.85	30.79	29.95	105.69
Long-Term Debt	17.89	17.89	18.93	-	-	4.5
Long-Term Leases	0.78	0.67	-	-	-	-
Long-Term Deferred Tax Liabilities	-	-	0.06	0.1	0.08	0.11
Other Long-Term Liabilities	-	0.19	0.62	1.35	1.33	1.96
Total Liabilities	41.46	40.11	49.46	32.24	31.37	112.26
Common Stock	11.65	11.67	11.73	11.59	11.38	11.22
Additional Paid-In Capital	107.87	108.07	108.62	107.37	105.51	104.07
Retained Earnings	-22.81	-26.63	-41.37	-16.34	-12.99	9.18
Shareholders' Equity	96.71	93.1	78.97	102.62	103.91	124.48
Total Liabilities & Equity	138.16	133.22	128.43	134.87	135.27	236.74
Total Debt	19.79	20.17	20	-	-	10
Net Cash (Debt)	46.49	45.9	26.41	43.13	52.89	41.16
Net Cash Growth	18.41%	73.80%	-38.76%	-18.45%	28.50%	-40.88%
Net Cash Per Share	2.78	2.74	1.63	2.72	3.41	2.69
Filing Date Shares Outstanding	16.26	16.35	16.2	15.97	15.78	15.52
Total Common Shares Outstanding	16.26	16.35	16.26	15.97	15.62	15.36
Working Capital	88.79	84.03	71.78	56.28	53.72	47.06
Book Value Per Share	5.95	5.70	4.86	6.42	6.65	8.10
Tangible Book Value	93.97	90.33	76.05	99.57	100.71	124.48
Tangible Book Value Per Share	5.78	5.53	4.68	6.23	6.45	8.10
Land	-	2.1	2.1	4.38	4.42	4.22
Buildings	-	21.15	19.23	25.58	25.74	25.04
Machinery	-	61.32	67.17	71.21	73.85	65.88
Construction In Progress	-	0.28	2.06	2.88	0.71	3.09
Order Backlog	-	15.55	12.95	114.88	17.07	42.57

Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q