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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	23.21	27.28	38.18	33.22	52.89	43.16
Short-Term Investments	40.16	38.78	8.23	9.91	-	8
Cash & Short-Term Investments	63.36	66.07	46.41	43.13	52.89	51.16
Cash Growth	-3.04%	42.36%	7.61%	-18.45%	3.38%	-26.52%
Accounts Receivable	47.37	31.1	39.04	34.27	20.75	19.19
Receivables	47.37	31.1	39.04	34.27	20.75	19.19
Inventory	2.72	1.91	2.07	1.6	1.78	2.16
Prepaid Expenses	3.6	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	118.24	105.41	101.63	87.07	83.68	152.76
Property, Plant & Equipment	21.99	24.95	23.15	31.15	34.67	31.18
Goodwill	3.61	2.22	2.22	2.22	2.22	-
Other Intangible Assets	0.82	0.56	0.7	0.84	0.98	-
Long-Term Accounts Receivable	-	-	-	-	12.5	12.5
Other Long-Term Assets	2.07	0.08	0.74	13.58	1.23	40.3
Total Assets	146.73	133.22	128.43	134.87	135.27	236.74
Accounts Payable	18.07	5.8	8.47	8.31	9.28	12.36
Accrued Expenses	13.26	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	0.98	1.28	5.47	8.2	6.65	10.26
Other Current Liabilities	-	-	-	-	-	63.81
Total Current Liabilities	33.42	21.38	29.85	30.79	29.95	105.69
Long-Term Debt	17.88	17.89	18.93	-	-	4.5
Long-Term Leases	1.12	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	52.42	40.11	49.46	32.24	31.37	112.26
Common Stock	11.31	11.67	11.73	11.59	11.38	11.22
Additional Paid-In Capital	104.82	108.07	108.62	107.37	105.51	104.07
Retained Earnings	-21.82	-26.63	-41.37	-16.34	-12.99	9.18
Shareholders' Equity	94.3	93.1	78.97	102.62	103.91	124.48
Total Liabilities & Equity	146.73	133.22	128.43	134.87	135.27	236.74
Total Debt	20.12	20.17	20	-	-	10
Net Cash (Debt)	43.25	45.9	26.41	43.13	52.89	41.16
Net Cash Growth	-2.94%	73.80%	-38.76%	-18.45%	28.50%	-40.88%
Net Cash Per Share	2.62	2.74	1.63	2.72	3.41	2.69
Filing Date Shares Outstanding	16	16.35	16.2	15.97	15.78	15.52
Total Common Shares Outstanding	16	16.35	16.26	15.97	15.62	15.36
Working Capital	84.82	84.03	71.78	56.28	53.72	47.06
Book Value Per Share	5.89	5.70	4.86	6.42	6.65	8.10
Tangible Book Value	89.88	90.33	76.05	99.57	100.71	124.48
Tangible Book Value Per Share	5.62	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 Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q