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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	47.4	52.38	71.95	43.17	14.1	31.57
Cash & Short-Term Investments	47.4	52.38	71.95	43.17	14.1	31.57
Cash Growth	-11.45%	-27.20%	66.67%	206.13%	-55.34%	59.43%
Accounts Receivable	5.06	1.16	1.34	4.04	2.44	3.24
Other Receivables	2.13	3.46	1.5	1.33	0.83	1.47
Receivables	7.2	4.62	2.84	5.37	3.27	4.71
Inventory	61.46	49.96	61.61	73.02	73.26	42.31
Prepaid Expenses	4.34	2.9	2.73	2.89	2.34	1.75
Other Current Assets	20.31	0.15	0.12	0.55	0.13	0.19
Total Current Assets	140.71	109.99	139.25	125	93.11	80.54
Property, Plant & Equipment	22.87	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	7.09	9.73	8.59	6.03	4.39	4.08
Other Long-Term Assets	5.01	23.29	19.44	13.71	17.13	15.98
Total Assets	179.45	171.25	193.8	163.72	132.84	119.42
Accounts Payable	13.04	5.5	6.07	8.25	6.77	6.08
Accrued Expenses	30.39	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	-	-	-	0.34	-	-
Current Unearned Revenue	1.18	0.19	0.65	1.99	1.31	1.25
Other Current Liabilities	6.83	6.59	7.84	6.71	5.6	6.54
Total Current Liabilities	51.43	18.92	22.57	23.59	18.07	21.66
Long-Term Leases	-	0.14	0.22	0.18	0.02	0.07
Pension & Post-Retirement Benefits	-	21.67	18	14.44	15.56	12.52
Other Long-Term Liabilities	1.76	1.51	1.43	1.12	0.67	0.65
Total Liabilities	53.2	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	122.76	125.53	148.14	122.95	97.7	83.08
Comprehensive Income & Other	-	-	-	-2	-2.58	-1.95
Shareholders' Equity	126.26	129	151.59	124.38	98.53	84.52
Total Liabilities & Equity	179.45	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)	47.4	52.16	71.66	42.93	14.03	31.45
Net Cash Growth	-11.45%	-27.21%	66.90%	205.99%	-55.39%	60.08%
Net Cash Per Share	1.36	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	89.28	91.07	116.68	101.41	75.04	58.87
Book Value Per Share	3.61	3.72	4.40	3.64	2.90	2.50
Tangible Book Value	122.48	125.23	147.82	120.61	94.75	80.75
Tangible Book Value Per Share	3.50	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 Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q