Caribbean Utilities Company, Ltd. (TSX:CUP.U)

TSX:CUP.U 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	13.45	20.2	3.99	7.95	7.36	45.59
Accounts Receivable	22.6	22.63	25.43	20.92	10.41	3.61
Other Receivables	-	1.77	2.27	0.72	0.94	0.53
Inventory	6.37	6.45	5.69	7.95	5.28	3.44
Prepaid Expenses	2.75	4.64	4.29	4	4.54	3.76
Other Current Assets	38.14	33.17	34.56	41.91	24.75	18.2
Total Current Assets	83.31	88.86	76.23	83.45	53.27	75.12
Property, Plant & Equipment	760.68	757.46	697.01	638.9	576.93	554.49
Other Intangible Assets	4.4	4.01	4.11	3.62	3.28	2.97
Long-Term Deferred Charges	-	0.41	0.45	0.56	0.67	0.78
Other Long-Term Assets	5.17	0.22	0.01	0.01	0.01	0.31
Total Assets	853.55	850.96	777.81	726.54	634.15	633.67
Accounts Payable	35.61	5.58	5.51	6.29	3.4	4.43
Accrued Expenses	-	24.91	30.36	34.68	22.08	12.62
Short-Term Debt	-	-	59.64	-	-	-
Current Portion of Long-Term Debt	19.94	19.94	19.94	19.48	15.56	14.13
Current Portion of Leases	2.57	3.51	1.94	1.09	0.09	0.08
Other Current Liabilities	19.24	20.81	16.28	15.47	14.63	15.86
Total Current Liabilities	77.36	74.75	133.66	77.02	55.75	47.11
Long-Term Debt	378.04	378.02	318.21	338.03	277.73	293.18
Long-Term Leases	-	3.3	-	0.77	0.14	-
Pension & Post-Retirement Benefits	0.11	-	0.47	1.85	1.89	2.89
Other Long-Term Liabilities	3.99	1.52	0.72	0.65	0.75	0.99
Total Liabilities	459.5	457.59	453.07	418.31	336.27	344.17
Preferred Stock, Redeemable	-	0.25	0.25	0.25	0.25	0.25
Common Stock	2.76	2.51	2.26	2.24	2.22	2.21
Additional Paid-In Capital	250.05	249.08	194.3	190.02	185.69	181.67
Retained Earnings	140.91	141.21	128.26	117.58	111.6	108.29
Comprehensive Income & Other	0.33	0.33	-0.32	-1.86	-1.89	-2.92
Total Common Equity	394.05	393.13	324.49	307.98	297.63	289.25
Shareholders' Equity	394.05	393.37	324.74	308.23	297.88	289.5
Total Liabilities & Equity	853.55	850.96	777.81	726.54	634.15	633.67
Total Debt	400.55	404.76	399.73	359.37	293.52	307.39
Net Cash (Debt)	-387.1	-384.56	-395.74	-351.42	-286.16	-261.8
Net Cash Per Share	-9.73	-9.92	-10.47	-9.38	-7.69	-7.67
Filing Date Shares Outstanding	42.12	42.12	38.01	37.66	37.37	37.1
Total Common Shares Outstanding	42.12	42.12	38.01	37.66	37.37	37.1
Working Capital	5.95	14.11	-57.43	6.43	-2.48	28.01
Book Value Per Share	9.36	9.33	8.54	8.18	7.96	7.80
Tangible Book Value	389.65	389.12	320.39	304.36	294.35	286.28
Tangible Book Value Per Share	9.25	9.24	8.43	8.08	7.88	7.72
Land	-	10.45	10.45	10.45	10.45	10.45
Buildings	-	22.91	22.91	22.87	22.85	22.83
Machinery	-	1,323	1,231	1,127	1,032	974.37

Updated Feb 15, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.