Global Ship Lease, Inc. (GSL)

Global Ship Lease 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	323.25	141.38	138.64	120.13	67.28	80.76
Short-Term Investments	10.45	26.15	14	8.55	7.9	-
Trading Asset Securities	12.37	14.43	24.64	29.65	0.53	-
Cash & Short-Term Investments	346.07	181.96	177.28	158.33	75.71	80.76
Cash Growth	67.10%	2.64%	11.97%	109.11%	-6.25%	-41.49%
Accounts Receivable	21.13	12.5	4.74	4.36	6.12	4
Other Receivables	1.63	0.34	0.63	-	-	-
Receivables	22.76	12.84	5.37	4.36	6.12	4
Inventory	16.34	18.91	15.76	12.24	11.41	6.32
Prepaid Expenses	32.1	3.34	14.7	17.98	8.92	1.35
Restricted Cash	53.17	55.58	56.8	28.36	24.89	0.83
Other Current Assets	-	28.61	25.76	15.79	16.3	5.37
Total Current Assets	470.43	301.24	295.68	237.05	143.36	98.61
Property, Plant & Equipment	1,939	1,885	1,664	1,623	1,683	1,141
Long-Term Investments	3.11	5.97	16.87	33.86	6.69	-
Long-Term Deferred Charges	98.18	91.94	73.72	54.66	37.63	22.95
Other Long-Term Assets	65.02	89.46	121.42	157.34	123.62	12.04
Total Assets	2,576	2,373	2,172	2,106	1,994	1,274
Accounts Payable	32.79	11	15.33	15.94	11.24	9.5
Accrued Expenses	49.18	59.57	29.56	37.12	33.15	19.76
Current Portion of Long-Term Debt	120.12	136.56	164.89	155.42	153.64	76.68
Current Portion of Leases	19.07	8.72	28.37	34.41	36.68	-
Current Unearned Revenue	45.14	44.74	40.33	12.57	8.5	5.62
Other Current Liabilities	-	3.42	1.97	6.31	1.57	0.65
Total Current Liabilities	266.3	264	280.44	261.77	244.76	112.21
Long-Term Debt	431.48	460.19	540.29	637.31	738.47	692.78
Long-Term Leases	199.57	78.6	78.89	107.25	141.66	-
Long-Term Unearned Revenue	48.5	57.55	82.12	119.18	101.29	-
Other Long-Term Liabilities	62.2	49.43	5.66	14.22	55.38	4.46
Total Liabilities	1,008	909.76	987.39	1,140	1,282	809.45
Common Stock	0.36	0.36	0.35	0.36	0.37	0.18
Additional Paid-In Capital	682.86	680.74	676.59	688.26	698.46	586.36
Retained Earnings	878.73	773.76	488.11	246.39	13.5	-121.79
Comprehensive Income & Other	6.22	8.62	19.34	31.48	0.23	-
Shareholders' Equity	1,568	1,463	1,184	966.49	712.55	464.74
Total Liabilities & Equity	2,576	2,373	2,172	2,106	1,994	1,274
Total Debt	770.24	684.06	812.43	934.39	1,070	769.46
Net Cash (Debt)	-424.17	-502.1	-635.15	-776.06	-994.74	-688.7
Net Cash Per Share	-11.91	-14.11	-17.68	-20.86	-28.01	-38.79
Filing Date Shares Outstanding	35.61	35.74	35.09	35.99	36.91	36.28
Total Common Shares Outstanding	35.61	35.45	35.19	35.99	36.46	17.99
Working Capital	204.13	37.24	15.24	-24.72	-101.41	-13.6
Book Value Per Share	44.04	41.29	33.66	26.85	19.54	25.83
Tangible Book Value	1,568	1,463	1,184	966.49	712.55	464.74
Tangible Book Value Per Share	44.04	41.29	33.66	26.85	19.54	25.83
Machinery	2,341	2,289	1,993	1,886	1,878	1,298

Updated May 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q