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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	50.17	52.38	71.95	43.17	14.1	31.57
Cash & Short-Term Investments	50.17	52.38	71.95	43.17	14.1	31.57
Cash Growth	-9.00%	-27.20%	66.67%	206.13%	-55.34%	59.43%
Accounts Receivable	6.05	1.16	1.34	4.04	2.44	3.24
Other Receivables	0.15	3.46	1.5	1.33	0.83	1.47
Receivables	6.21	4.62	2.84	5.37	3.27	4.71
Inventory	51.19	49.96	61.61	73.02	73.26	42.31
Prepaid Expenses	4.51	2.9	2.73	2.89	2.34	1.75
Other Current Assets	19.06	0.15	0.12	0.55	0.13	0.19
Total Current Assets	131.14	109.99	139.25	125	93.11	80.54
Property, Plant & Equipment	23.21	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	10.13	9.73	8.59	6.03	4.39	4.08
Other Long-Term Assets	5	23.29	19.44	13.71	17.13	15.98
Total Assets	173.25	171.25	193.8	163.72	132.84	119.42
Accounts Payable	7.15	5.5	6.07	8.25	6.77	6.08
Accrued Expenses	29.49	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	0.47	-	-	0.34	-	-
Current Unearned Revenue	0.36	0.19	0.65	1.99	1.31	1.25
Other Current Liabilities	6.81	6.59	7.84	6.71	5.6	6.54
Total Current Liabilities	44.29	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	1.73	1.51	1.43	1.12	0.67	0.65
Total Liabilities	46.01	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	123.73	125.53	148.14	122.95	97.7	83.08
Comprehensive Income & Other	-	-	-	-2	-2.58	-1.95
Shareholders' Equity	127.23	129	151.59	124.38	98.53	84.52
Total Liabilities & Equity	173.25	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)	50.17	52.16	71.66	42.93	14.03	31.45
Net Cash Growth	-9.00%	-27.21%	66.90%	205.99%	-55.39%	60.08%
Net Cash Per Share	1.44	1.50	2.08	1.26	0.41	0.93
Filing Date Shares Outstanding	35	34.96	34.68	34.44	34.15	33.99
Total Common Shares Outstanding	35	34.71	34.47	34.22	33.99	33.87
Working Capital	86.85	91.07	116.68	101.41	75.04	58.87
Book Value Per Share	3.64	3.72	4.40	3.64	2.90	2.50
Tangible Book Value	123.46	125.23	147.82	120.61	94.75	80.75
Tangible Book Value Per Share	3.53	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 Jul 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q