Gulf Marine Services
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Gulf Marine Services's balance sheet done over the years? Its assets were worth $668,332,000 last year, which is more than in the previous period. 51% of Gulf Marine Services’s total assets is currently financed by debt. Its liabilities reached the amount of $338,051,000, which means an decrease by -9% compared compared to last year.
Debt to Assets
| 2014 | 729681000 | 370.50M | 50.78% |
|---|---|---|---|
| 2015 | 924117000 | 500.21M | 54.13% |
| 2016 | 942766000 | 498.51M | 52.88% |
| 2017 | 865834000 | 444.52M | 51.34% |
| 2018 | 855370000 | 439.30M | 51.36% |
| 2019 | 770221000 | 440.55M | 57.2% |
| 2020 | 654440000 | 447.57M | 68.39% |
| 2021 | 674397000 | 411.68M | 61.05% |
| 2022 | 658819000 | 371.24M | 56.35% |
| 2023 | 668332000 | 338.05M | 50.58% |
GMS.L Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 8.66M | 12.27M | 8.27M | 3.79M | 8.40M | 11.04M | 38.95M | 61.57M | 60.83M | 59.53M |
Short term investments | 47K | 46K | 367K | 348K | 21K | 0 | 0 | 0 | 0 | 0 |
Net receivables | 33.25M | 34.48M | 43.11M | 25.99M | 25.02M | 0 | 13.79M | 0 | 54.7M | 36.75M |
Inventory | 47K | -386K | 367K | 1 | 1 | 0 | -13.79M | 0 | 1 | -36.75M |
Other current assets | 5.35M | 6.75M | 5.43M | 5.48M | 14.43M | 41.46M | 4.69M | 23.94M | 5.17M | 13.19M |
Total current assets | 47.36M | 53.56M | 57.18M | 35.63M | 47.88M | 52.50M | 57.44M | 85.52M | 120.71M | 109.48M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 620.96M | 605.25M | 617.20M | 618.80M | 722.33M | 800.99M | 804.5M | 856.72M | 802.77M | 618.70M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 5.45M | 2.40M | 2.71M | 0 | 375K | 750K |
Long term investments | 0 | 0 | 0 | 0 | 0 | 0 | -3.88M | 0 | 0 | 0 |
Other non-current assets | 0 | 0 | 0 | 0 | -5.45M | -2.40M | 3.88M | 66K | 261K | 750K |
Total non-current assets | 620.96M | 605.25M | 617.20M | 618.80M | 722.33M | 802.86M | 808.38M | 857.24M | 803.40M | 620.20M |
Total assets | 668.33M | 658.81M | 674.39M | 654.44M | 770.22M | 855.37M | 865.83M | 942.76M | 924.11M | 729.68M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | -9.84M | -18.67M | -24.20M | -26.97M | -17.01M |
Short term debt | 43.12M | 31.84M | 27.91M | 32.78M | 400.45M | 411.51M | 20.26M | 62.10M | 72.88M | 64.89M |
Total current liabilities | 99.48M | 69.34M | 53.03M | 60.96M | 438.27M | 436.57M | 49.80M | 93.72M | 109.98M | 99.82M |
| Non-current liabilities: | ||||||||||
Long term debt | 236.17M | 299.76M | 354.53M | 380.58M | 1.74M | 0 | 391.51M | 401.59M | 386.83M | 268.21M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 2.39M | 2.14M | 4.11M | 6.02M | -1.74M | 2.72M | 3.20M | 338.10M | 3.40M | 2.47M |
Total non-current liabilities | 238.56M | 301.90M | 358.65M | 386.60M | 2.28M | 2.73M | 394.71M | 404.79M | 390.23M | 270.68M |
Total liabilities | 338.05M | 371.24M | 411.68M | 447.57M | 440.55M | 439.30M | 444.52M | 498.51M | 500.21M | 370.50M |
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