Marine Products Corporation (MPX)

Marine Products 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	53.53	71.95	43.17	14.1	31.57	19.8
Cash & Short-Term Investments	53.53	71.95	43.17	14.1	31.57	19.8
Cash Growth	-11.81%	66.67%	206.13%	-55.34%	59.43%	69.11%
Accounts Receivable	5.45	1.34	4.04	2.44	3.24	2.3
Other Receivables	0.22	1.5	1.33	0.83	1.47	5.22
Receivables	5.66	2.84	5.37	3.27	4.71	7.51
Inventory	52.6	61.61	73.02	73.26	42.31	41.55
Prepaid Expenses	3.7	2.73	2.89	2.34	1.75	1.79
Other Current Assets	-	0.12	0.55	0.13	0.19	0.27
Total Current Assets	115.49	139.25	125	93.11	80.54	70.93
Property, Plant & Equipment	23.94	22.75	15.2	14.44	15.06	14.96
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	9.94	8.59	6.03	4.39	4.08	3.99
Other Long-Term Assets	23.18	19.44	13.71	17.13	15.98	11.12
Total Assets	176.32	193.8	163.72	132.84	119.42	104.76
Accounts Payable	8.06	6.07	8.25	6.77	6.08	3.89
Accrued Expenses	5.91	7.11	6.24	4.33	7.75	6.74
Current Portion of Leases	-	0.08	0.06	0.05	0.05	0.05
Current Income Taxes Payable	1.14	-	0.34	-	-	-
Current Unearned Revenue	0.48	0.65	1.99	1.31	1.25	0.3
Other Current Liabilities	9.05	8.66	6.71	5.6	6.54	6.08
Total Current Liabilities	24.64	22.57	23.59	18.07	21.66	17.04
Long-Term Leases	-	0.22	0.18	0.02	0.07	0.11
Other Long-Term Liabilities	1.68	1.43	1.12	0.67	0.65	0.42
Total Liabilities	47.53	42.21	39.33	34.32	34.9	27.55
Common Stock	3.47	3.45	3.42	3.4	3.39	3.39
Retained Earnings	125.32	148.14	122.95	97.7	83.08	76.57
Comprehensive Income & Other	-	-	-2	-2.58	-1.95	-2.75
Shareholders' Equity	128.79	151.59	124.38	98.53	84.52	77.21
Total Liabilities & Equity	176.32	193.8	163.72	132.84	119.42	104.76
Total Debt	-	0.3	0.24	0.07	0.12	0.16
Net Cash (Debt)	53.53	71.66	42.93	14.03	31.45	19.65
Net Cash Growth	-11.81%	66.90%	205.99%	-55.39%	60.08%	19.73%
Net Cash Per Share	1.55	2.08	1.26	0.41	0.93	0.58
Filing Date Shares Outstanding	34.71	34.68	34.44	34.15	33.99	33.98
Total Common Shares Outstanding	34.71	34.47	34.22	33.99	33.87	33.87
Working Capital	90.85	116.68	101.41	75.04	58.87	53.89
Book Value Per Share	3.71	4.40	3.64	2.90	2.50	2.28
Tangible Book Value	125.02	147.82	120.61	94.75	80.75	73.44
Tangible Book Value Per Share	3.60	4.29	3.52	2.79	2.38	2.17
Land	-	1.02	0.9	0.88	0.88	0.88
Buildings	-	26.07	21.57	21.28	20.97	20.55
Machinery	-	28.15	25.56	24.1	23.16	21.62
Order Backlog	-	92.3	115	-	-	-

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