Great Lakes Dredge & Dock Corporation (GLDD)

Great Lakes Dredge & Dock 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	23.13	22.84	6.55	145.46	216.51	187
Cash & Short-Term Investments	23.13	22.84	6.55	145.46	216.51	187
Cash Growth	-45.01%	248.93%	-95.50%	-32.82%	15.78%	442.68%
Receivables	126.79	123.55	110.81	122.8	71.1	42.35
Inventory	31.95	33.91	29.23	30.76	34.69	30.19
Prepaid Expenses	2.26	1.49	1.57	2.02	3.09	1.53
Other Current Assets	35.13	44.54	34.69	26.4	37.31	39.66
Total Current Assets	219.27	226.33	182.84	327.43	362.69	300.71
Property, Plant & Equipment	727.95	706.67	633.64	517.34	448.23	447.21
Goodwill	76.58	76.58	76.58	76.58	76.58	76.58
Long-Term Deferred Charges	-	4.03	-	-	-	-
Other Long-Term Assets	103.87	97.24	88.72	76.33	70.53	73.06
Total Assets	1,128	1,111	981.78	997.67	958.02	897.55
Accounts Payable	90.45	83.84	94.08	85.57	71.31	76.09
Accrued Expenses	24.55	27.53	26.45	34.24	48.24	43.38
Current Portion of Leases	28.52	29.73	26.87	16.73	19.47	21.35
Current Income Taxes Payable	0.85	1.9	1.42	2.94	2.16	1.6
Current Unearned Revenue	20.57	29.56	9.91	14.81	32.61	55.27
Other Current Liabilities	0.82	6.88	1.6	0.44	2.49	6.25
Total Current Liabilities	165.76	179.44	160.33	154.74	176.29	203.93
Long-Term Debt	411.48	412.07	321.52	320.97	323.74	322.84
Long-Term Leases	49.17	64.07	65.01	45.99	45.88	51.13
Long-Term Deferred Tax Liabilities	72.34	62.23	59.12	68.5	56.47	35.74
Other Long-Term Liabilities	10.9	7.48	7.58	8.48	8.99	4.51
Total Liabilities	709.64	725.29	613.56	598.67	611.36	618.15
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	319.78	317.34	312.09	308.48	304.76	302.19
Retained Earnings	98.92	70.22	56.31	90.37	40.94	-23.09
Comprensive Income & Other	-0.68	-2.02	-0.19	0.14	0.97	0.3
Total Common Equity	418.02	385.55	368.22	399	346.67	279.4
Shareholders' Equity	418.02	385.55	368.22	399	346.67	279.4
Total Liabilities & Equity	1,128	1,111	981.78	997.67	958.02	897.55
Total Debt	489.17	505.87	413.4	383.69	389.09	395.33
Net Cash (Debt)	-466.03	-483.03	-406.86	-238.23	-172.58	-208.33
Net Cash Per Share	-6.90	-7.21	-6.16	-3.59	-2.62	-3.20
Filing Date Shares Outstanding	67.19	66.62	66.19	65.75	65.12	64.29
Total Common Shares Outstanding	67.19	66.62	66.19	65.75	65.02	64.28
Working Capital	53.5	46.89	22.51	172.7	186.41	96.78
Book Value Per Share	6.22	5.79	5.56	6.07	5.33	4.35
Tangible Book Value	341.45	308.97	291.64	322.42	270.09	202.82
Tangible Book Value Per Share	5.08	4.64	4.41	4.90	4.15	3.16
Land	-	9.35	9.35	9.99	9.99	9.99
Buildings	-	1.31	1.31	1.32	1.32	5.07
Machinery	-	1,089	1,012	888.52	779.6	754.67
Order Backlog	-	1,039	377.14	551.59	559.38	589.41

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