North American Construction Group Ltd. (NOA)

NOA Balance Sheet

Financials in millions CAD. 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	77.67	88.61	69.14	16.6	43.45	5.54
Cash & Short-Term Investments	77.67	88.61	69.14	16.6	43.45	5.54
Cash Growth	92.06%	28.16%	316.51%	-61.79%	683.68%	-71.58%
Accounts Receivable	151.64	117.33	89.01	74.18	39.12	78.21
Other Receivables	22.67	15.55	10.61	4.37	4.12	7.73
Receivables	174.31	132.88	99.61	78.55	43.24	85.94
Inventory	77.15	64.96	49.9	44.54	19.15	21.65
Prepaid Expenses	8.48	7.4	10.59	6.83	4.98	4.25
Other Current Assets	7.36	1.34	1.12	0.66	8.46	0.42
Total Current Assets	344.96	295.2	230.36	147.18	119.28	117.8
Property, Plant & Equipment	1,249	1,156	660.55	655.72	650.4	609.57
Long-Term Investments	85.19	81.44	75.64	55.97	46.26	42.91
Goodwill	-	0.53	0.54	0.54	-	-
Other Intangible Assets	10.05	6.97	6.77	3.86	0.38	-
Long-Term Accounts Receivable	-	-	-	-	-	1.02
Long-Term Deferred Tax Assets	-	-	0.39	-	16.41	15.66
Long-Term Deferred Charges	-	5.89	0.89	3.51	1.97	-
Other Long-Term Assets	5.08	0.38	1.93	1.58	4.37	5.7
Total Assets	1,694	1,546	979.51	869.28	839.06	792.65
Accounts Payable	123.11	146.19	102.55	76.25	41.43	88.2
Accrued Expenses	47.72	31.65	21.68	22.6	15.01	16.49
Short-Term Debt	-	11.39	-	-	-	-
Current Portion of Long-Term Debt	94.49	81.31	42.09	19.69	16.26	18.51
Current Portion of Leases	1.85	1.74	2.47	28.35	30.9	33.01
Current Income Taxes Payable	-	26.52	8.19	5.06	3.21	0.04
Current Unearned Revenue	0.3	0.06	1.41	3.35	1.51	0.02
Other Current Liabilities	37.6	25.18	13.92	5.73	1.17	1.03
Total Current Liabilities	305.07	324.02	192.3	161.03	109.48	157.3
Long-Term Debt	660.15	449.05	345.56	258.09	290.47	313.44
Long-Term Leases	75.35	173.57	45.27	89.09	107.62	64.78
Long-Term Unearned Revenue	-	16.11	-	2.95	4.75	6.59
Long-Term Deferred Tax Liabilities	118.13	108.82	71.89	56.2	64.2	52.5
Other Long-Term Liabilities	143.52	118.24	18.58	23.45	14.1	17.91
Total Liabilities	1,302	1,190	673.59	590.82	590.62	612.53
Common Stock	229.46	229.46	229.46	246.94	255.06	225.97
Additional Paid-In Capital	22.52	20.74	22.1	37.46	46.54	49.92
Retained Earnings	154.4	123.03	70.5	11.86	-35.16	-79.86
Treasury Stock	-15.81	-16.17	-16.44	-17.8	-18	-15.91
Comprehensive Income & Other	1.35	-0.41	0.31	0	-	-
Total Common Equity	391.91	356.65	305.92	278.46	248.44	180.12
Shareholders' Equity	391.91	356.65	305.92	278.46	248.44	180.12
Total Liabilities & Equity	1,694	1,546	979.51	869.28	839.06	792.65
Total Debt	831.83	717.06	435.39	395.23	445.25	429.74
Net Cash (Debt)	-754.16	-628.44	-366.24	-378.63	-401.81	-424.2
Net Cash Per Share	-22.79	-19.03	-10.77	-11.15	-12.44	-12.92
Filing Date Shares Outstanding	26.83	26.73	26.41	28.45	28.78	25.88
Total Common Shares Outstanding	26.83	26.74	26.42	28.46	29.17	25.78
Working Capital	39.89	-28.82	38.06	-13.86	9.79	-39.5
Book Value Per Share	14.61	13.34	11.58	9.79	8.52	6.99
Tangible Book Value	381.86	349.16	298.6	274.06	248.07	180.12
Tangible Book Value Per Share	14.23	13.06	11.30	9.63	8.51	6.99
Land	-	10.47	10.47	10.47	10.47	13.83
Buildings	-	45.68	29.73	29.41	22.58	26.28
Machinery	-	582.75	428.69	420.25	415.71	359.07
Order Backlog	-	2,195	568.84	841	736.55	1,088

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