Galapagos NV (AMS: GLPG)

Galapagos NV Balance Sheet

Financials in millions EUR. 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	55.52	166.8	508.12	2,233	2,135	1,862
Short-Term Investments	3,283	3,518	3,586	2,470	3,026	3,919
Cash & Short-Term Investments	3,339	3,685	4,094	4,703	5,161	5,781
Cash Growth	-12.41%	-10.00%	-12.95%	-8.88%	-10.71%	347.85%
Accounts Receivable	45.43	17.49	28.19	91.79	134.63	39.6
Other Receivables	41.8	48.16	49.15	36.82	38.77	40.51
Receivables	87.23	65.66	77.34	128.6	173.4	80.11
Inventory	65.56	73.98	52.93	20.57	0.36	0.26
Prepaid Expenses	-	0.74	0.49	0.2	0.22	0.29
Other Current Assets	67.86	36.72	12.03	9.31	33.91	4.44
Total Current Assets	3,559	3,862	4,237	4,862	5,369	5,866
Property, Plant & Equipment	132.23	126.32	154.25	137.51	103.38	66.05
Long-Term Investments	49.13	13.58	-	-	8.95	11.27
Goodwill	69.47	69.56	69.81	-	-	-
Other Intangible Assets	173.43	119.19	136.1	48.31	54.23	10.06
Long-Term Accounts Receivable	-	-	-	-	50	-
Long-Term Deferred Tax Assets	1.15	1.13	1.36	4.03	4.48	4.21
Long-Term Deferred Charges	-	8.72	10.26	11.8	13.33	14.87
Other Long-Term Assets	187.37	157.32	125.72	129.66	114.02	96.22
Total Assets	4,172	4,357	4,734	5,193	5,718	6,069
Accounts Payable	115.86	134.65	133.3	134.3	171.32	142.51
Accrued Expenses	-	0.55	0.65	3.11	1.07	0.92
Current Portion of Leases	4.23	4.65	7.21	7.2	6.4	5.83
Current Income Taxes Payable	0.22	0.06	1.02	1.78	1.25	2.04
Current Unearned Revenue	230.93	256.27	365.63	419.87	443.16	414.3
Other Current Liabilities	-	32.04	14.73	0.2	12.08	6.2
Total Current Liabilities	351.23	428.22	522.54	566.47	635.27	571.79
Long-Term Leases	7.24	4.94	14.69	19.66	23.04	19.56
Long-Term Unearned Revenue	897	1,071	1,624	1,945	2,366	2,586
Long-Term Deferred Tax Liabilities	20.97	23.61	20.15	-	-	-
Other Long-Term Liabilities	30.9	31.57	21.81	7.13	8.1	6.99
Total Liabilities	1,310	1,562	2,208	2,550	3,047	3,193
Common Stock	293.94	356.44	356.11	354.58	353.82	349.79
Additional Paid-In Capital	2,737	2,737	2,736	2,730	2,728	2,704
Retained Earnings	-164.45	-228.27	-496.69	-367.21	-334.7	-109.22
Comprehensive Income & Other	-3.91	-69.6	-68.95	-74.41	-76.6	-68.49
Shareholders' Equity	2,863	2,796	2,526	2,643	2,670	2,876
Total Liabilities & Equity	4,172	4,357	4,734	5,193	5,718	6,069
Total Debt	11.47	9.6	21.9	26.86	29.44	25.38
Net Cash (Debt)	3,327	3,675	4,072	4,676	5,132	5,755
Net Cash Growth	-12.38%	-9.76%	-12.92%	-8.88%	-10.83%	345.88%
Net Cash Per Share	50.53	55.74	61.98	71.39	78.86	95.75
Filing Date Shares Outstanding	65.94	65.9	65.84	65.65	65.41	64.82
Total Common Shares Outstanding	65.94	65.9	65.84	65.55	65.41	64.67
Working Capital	3,208	3,433	3,714	4,295	4,734	5,294
Book Value Per Share	43.41	42.42	38.37	40.32	40.82	44.47
Tangible Book Value	2,620	2,607	2,320	2,595	2,616	2,866
Tangible Book Value Per Share	39.73	39.56	35.24	39.59	39.99	44.31
Land	-	90.71	88.72	26.13	16.74	5.28
Machinery	-	49.03	67.28	54.1	44.96	48.68

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