Marine Products Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	43.51	52.38	71.95	43.17	14.1
Cash & Short-Term Investments	43.51	52.38	71.95	43.17	14.1
Cash Growth	-16.93%	-27.20%	66.67%	206.13%	-55.34%
Accounts Receivable	6.87	1.16	1.34	4.04	2.44
Other Receivables	2.21	3.46	1.5	1.33	0.83
Receivables	9.07	4.62	2.84	5.37	3.27
Inventory	54.69	49.96	61.61	73.02	73.26
Prepaid Expenses	3.3	2.9	2.73	2.89	2.34
Other Current Assets	-	0.15	0.12	0.55	0.13
Total Current Assets	110.58	109.99	139.25	125	93.11
Property, Plant & Equipment	22.65	24.47	22.75	15.2	14.44
Goodwill	3.31	3.31	3.31	3.31	3.31
Other Intangible Assets	0.47	0.47	0.47	0.47	0.47
Long-Term Deferred Tax Assets	5.22	9.73	8.59	6.03	4.39
Other Long-Term Assets	5.01	23.29	19.44	13.71	17.13
Total Assets	147.23	171.25	193.8	163.72	132.84
Accounts Payable	6.65	5.5	6.07	8.25	6.77
Accrued Expenses	13.96	6.57	7.93	6.24	4.33
Current Portion of Leases	-	0.08	0.08	0.06	0.05
Current Income Taxes Payable	-	-	-	0.34	-
Current Unearned Revenue	-	0.19	0.65	1.99	1.31
Other Current Liabilities	-	6.59	7.84	6.71	5.6
Total Current Liabilities	20.61	18.92	22.57	23.59	18.07
Long-Term Leases	-	0.14	0.22	0.18	0.02
Pension & Post-Retirement Benefits	-	21.67	18	14.44	15.56
Other Long-Term Liabilities	1.66	1.51	1.43	1.12	0.67
Total Liabilities	22.27	42.24	42.21	39.33	34.32
Common Stock	3.5	3.47	3.45	3.42	3.4
Retained Earnings	121.47	125.53	148.14	122.95	97.7
Comprehensive Income & Other	-	-	-	-2	-2.58
Shareholders' Equity	124.97	129	151.59	124.38	98.53
Total Liabilities & Equity	147.23	171.25	193.8	163.72	132.84
Total Debt	-	0.22	0.3	0.24	0.07
Net Cash (Debt)	43.51	52.16	71.66	42.93	14.03
Net Cash Growth	-16.58%	-27.21%	66.90%	205.99%	-55.39%
Net Cash Per Share	1.24	1.50	2.08	1.26	0.41
Filing Date Shares Outstanding	35	34.96	34.68	34.44	34.15
Total Common Shares Outstanding	35	34.71	34.47	34.22	33.99
Working Capital	89.97	91.07	116.68	101.41	75.04
Book Value Per Share	3.57	3.72	4.40	3.64	2.90
Tangible Book Value	121.19	125.23	147.82	120.61	94.75
Tangible Book Value Per Share	3.46	3.61	4.29	3.52	2.79
Land	-	1.23	1.02	0.9	0.88
Buildings	-	26.64	26.07	21.57	21.28
Machinery	-	30.78	28.15	25.56	24.1
Order Backlog	-	53.4	92.3	-	-

Updated Feb 5, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q