Sterling Infrastructure, Inc. (BIT:1STRL)

Sterling Infrastructure 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	638.65	664.2	471.56	181.54	60.95	66.19
Cash & Short-Term Investments	638.65	664.2	471.56	181.54	60.95	66.19
Cash Growth	32.94%	40.85%	159.75%	197.88%	-7.92%	44.72%
Accounts Receivable	341.37	308.25	358.54	386.57	285.82	279.05
Other Receivables	-	32.05	-	-	-	-
Receivables	341.37	340.3	358.54	386.57	285.82	279.05
Restricted Cash	-	-	-	3.72	3.82	6.46
Other Current Assets	17.72	17.38	17.88	25.42	84.11	9.85
Total Current Assets	997.73	1,022	847.98	597.25	434.69	361.54
Property, Plant & Equipment	292.92	289.46	300.88	274.9	213.37	143.18
Long-Term Investments	109.29	107.4	-	-	-	-
Goodwill	283.66	264.6	281.12	262.69	258.29	192.01
Other Intangible Assets	333.69	316.39	328.4	299.12	303.22	244.89
Other Long-Term Assets	17.23	17.04	18.81	7.65	25.2	11.07
Total Assets	2,035	2,017	1,777	1,442	1,235	952.69
Accounts Payable	128.89	130.42	145.97	121.89	112.75	95.2
Accrued Expenses	24.92	36.77	27.76	24.14	20.42	18.01
Current Portion of Long-Term Debt	26.29	26.3	26.33	32.46	25.66	81.67
Current Portion of Leases	19.46	20.63	19.84	19.86	6.71	7.78
Current Unearned Revenue	534.39	508.85	444.16	239.3	118.67	114.02
Other Current Liabilities	22.83	19	14.12	8.97	67.56	5.2
Total Current Liabilities	756.77	741.96	678.17	446.61	351.76	321.88
Long-Term Debt	283.26	289.53	314.5	398.66	428.28	293.51
Long-Term Leases	29.67	32.83	38.22	40.18	13.29	9.33
Long-Term Deferred Tax Liabilities	110.01	109.36	76.76	51.66	18.43	-
Other Long-Term Liabilities	27.9	16.63	45.68	26.71	62.78	59.25
Total Liabilities	1,208	1,190	1,153	963.82	874.55	683.97
Common Stock	0.31	0.31	0.31	0.31	0.3	0.28
Additional Paid-In Capital	283.05	288.4	293.57	287.91	280.27	256.42
Retained Earnings	621.97	582.5	325.03	186.38	79.92	17.27
Treasury Stock	-99.92	-63.12	-	-	-	-1.45
Comprehensive Income & Other	-	-	-	-	-1.72	-5.26
Total Common Equity	805.42	808.08	618.91	474.6	358.77	267.27
Minority Interest	21.51	18.4	4.94	3.2	1.46	1.46
Shareholders' Equity	826.93	826.48	623.85	477.8	360.23	268.73
Total Liabilities & Equity	2,035	2,017	1,777	1,442	1,235	952.69
Total Debt	358.69	369.27	398.88	491.16	473.94	392.29
Net Cash (Debt)	279.96	294.92	72.68	-309.62	-413	-326.1
Net Cash Growth	211.41%	305.76%	-	-	-	-
Net Cash Per Share	9.01	9.47	2.33	-10.13	-14.19	-11.57
Filing Date Shares Outstanding	30.41	30.6	30.93	30.59	29.84	28.21
Total Common Shares Outstanding	30.41	30.67	30.93	30.59	29.84	28.18
Working Capital	240.97	279.92	169.81	150.64	82.93	39.66
Book Value Per Share	26.48	26.35	20.01	15.52	12.02	9.48
Tangible Book Value	188.06	227.09	9.4	-87.22	-202.75	-169.63
Tangible Book Value Per Share	6.18	7.40	0.30	-2.85	-6.79	-6.02
Land	2.17	2.17	3.05	3.4	3.4	3.89
Buildings	20.66	20.48	21.33	20.5	19.07	21.03
Machinery	407.44	390.72	409.27	349	299.84	234.81
Order Backlog	-	1,830	2,370	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.