SECURE Waste Infrastructure Corp. (TSX:SES)

TSX:SES Balance Sheet

Financials in millions CAD. 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	24	26	12	12	10	7
Cash & Short-Term Investments	24	26	12	12	10	7
Cash Growth	26.32%	116.67%	-	20.00%	42.86%	-20.94%
Accounts Receivable	482	495	340	321	267	105
Other Receivables	-	9	17	128	78	39
Receivables	482	504	357	449	345	144
Inventory	163	143	144	100	100	48
Prepaid Expenses	16	15	14	15	11	9
Other Current Assets	-	-	663	-	-	-
Total Current Assets	685	688	1,190	576	466	208
Property, Plant & Equipment	1,482	1,261	1,271	1,584	1,717	1,139
Goodwill	218	204	199	351	349	11
Other Intangible Assets	113	87	68	163	180	18
Long-Term Deferred Tax Assets	17	-	89	150	217	-
Other Long-Term Assets	30	41	27	16	8	-
Total Assets	2,545	2,281	2,844	2,840	2,937	1,376
Accounts Payable	476	521	368	404	272	142
Accrued Expenses	-	9	9	2	11	2
Current Portion of Leases	31	26	27	28	27	10
Current Income Taxes Payable	14	14	-	-	-	-
Other Current Liabilities	45	111	68	25	23	3
Total Current Liabilities	566	681	472	459	333	157
Long-Term Debt	856	339	966	919	1,207	399
Long-Term Leases	128	89	109	84	82	25
Long-Term Deferred Tax Liabilities	6	6	-	-	-	26
Other Long-Term Liabilities	213	124	111	112	209	52
Total Liabilities	1,769	1,239	1,658	1,574	1,831	659
Common Stock	611	863	1,517	1,676	1,670	1,038
Retained Earnings	74	71	-412	-490	-636	-426
Comprehensive Income & Other	91	108	81	80	72	75
Total Common Equity	776	1,042	1,186	1,266	1,106	687
Minority Interest	-	-	-	-	-	30
Shareholders' Equity	776	1,042	1,186	1,266	1,106	717
Total Liabilities & Equity	2,545	2,281	2,844	2,840	2,937	1,376
Total Debt	1,015	454	1,102	1,031	1,316	434
Net Cash (Debt)	-991	-428	-1,090	-1,019	-1,306	-427
Net Cash Per Share	-4.29	-1.65	-3.64	-3.25	-5.58	-2.69
Filing Date Shares Outstanding	218.3	231.38	280.06	305.28	308.76	159.57
Total Common Shares Outstanding	218.3	234.08	287.63	309.38	308.16	158.7
Working Capital	119	7	718	117	133	51
Book Value Per Share	3.55	4.45	4.12	4.09	3.59	4.33
Tangible Book Value	445	751	919	752	577	658
Tangible Book Value Per Share	2.04	3.21	3.20	2.43	1.87	4.15
Land	-	225	226	286	291	155
Machinery	-	2,145	2,211	2,417	2,418	1,676
Construction In Progress	-	69	37	45	33	19

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.