Marine Products Corporation (MPX)

Marine Products 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	57.1	52.38	71.95	43.17	14.1	31.57
Cash & Short-Term Investments	57.1	52.38	71.95	43.17	14.1	31.57
Cash Growth	-29.70%	-27.20%	66.67%	206.13%	-55.34%	59.43%
Accounts Receivable	7.79	1.16	1.34	4.04	2.44	3.24
Other Receivables	0.06	3.46	1.5	1.33	0.83	1.47
Receivables	7.85	4.62	2.84	5.37	3.27	4.71
Inventory	52.86	49.96	61.61	73.02	73.26	42.31
Prepaid Expenses	4.79	2.9	2.73	2.89	2.34	1.75
Other Current Assets	-	0.15	0.12	0.55	0.13	0.19
Total Current Assets	122.61	109.99	139.25	125	93.11	80.54
Property, Plant & Equipment	23.58	24.47	22.75	15.2	14.44	15.06
Goodwill	3.31	3.31	3.31	3.31	3.31	3.31
Other Intangible Assets	0.47	0.47	0.47	0.47	0.47	0.47
Long-Term Deferred Tax Assets	9.81	9.73	8.59	6.03	4.39	4.08
Other Long-Term Assets	23.11	23.29	19.44	13.71	17.13	15.98
Total Assets	182.88	171.25	193.8	163.72	132.84	119.42
Accounts Payable	18.64	5.5	6.07	8.25	6.77	6.08
Accrued Expenses	7.29	6.57	7.93	6.24	4.33	7.75
Current Portion of Leases	-	0.08	0.08	0.06	0.05	0.05
Current Income Taxes Payable	0.63	-	-	0.34	-	-
Current Unearned Revenue	0.22	0.19	0.65	1.99	1.31	1.25
Other Current Liabilities	6.76	6.59	7.84	6.71	5.6	6.54
Total Current Liabilities	33.54	18.92	22.57	23.59	18.07	21.66
Long-Term Leases	-	0.14	0.22	0.18	0.02	0.07
Other Long-Term Liabilities	1.68	1.51	1.43	1.12	0.67	0.65
Total Liabilities	56.48	42.24	42.21	39.33	34.32	34.9
Common Stock	3.5	3.47	3.45	3.42	3.4	3.39
Retained Earnings	122.91	125.53	148.14	122.95	97.7	83.08
Comprehensive Income & Other	-	-	-	-2	-2.58	-1.95
Shareholders' Equity	126.4	129	151.59	124.38	98.53	84.52
Total Liabilities & Equity	182.88	171.25	193.8	163.72	132.84	119.42
Total Debt	-	0.22	0.3	0.24	0.07	0.12
Net Cash (Debt)	57.1	52.16	71.66	42.93	14.03	31.45
Net Cash Growth	-29.70%	-27.21%	66.90%	205.99%	-55.39%	60.08%
Net Cash Per Share	1.64	1.50	2.08	1.26	0.41	0.93
Filing Date Shares Outstanding	34.96	34.96	34.68	34.44	34.15	33.99
Total Common Shares Outstanding	34.96	34.71	34.47	34.22	33.99	33.87
Working Capital	89.07	91.07	116.68	101.41	75.04	58.87
Book Value Per Share	3.62	3.72	4.40	3.64	2.90	2.50
Tangible Book Value	122.63	125.23	147.82	120.61	94.75	80.75
Tangible Book Value Per Share	3.51	3.61	4.29	3.52	2.79	2.38
Land	-	1.23	1.02	0.9	0.88	0.88
Buildings	-	26.64	26.07	21.57	21.28	20.97
Machinery	-	30.78	28.15	25.56	24.1	23.16
Order Backlog	-	53.4	92.3	-	-	-

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q