SOL S.p.A. (BIT: SOL)

SOL S.p.A. 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	212.97	205.63	134.64	139.64	269.18	169.33
Short-Term Investments	-	-	-	-	-	4.15
Cash & Short-Term Investments	212.97	205.63	134.64	139.64	269.18	173.47
Cash Growth	70.62%	52.72%	-3.58%	-48.12%	55.17%	31.66%
Accounts Receivable	462.96	448.45	431.05	340.02	297.95	280.15
Other Receivables	67.49	52.18	53.22	26.41	20.01	25.89
Receivables	530.45	500.63	484.28	366.44	317.96	306.03
Inventory	108.58	100.8	84.14	67.3	63.3	49.48
Prepaid Expenses	18.12	12.77	11.56	10.18	6.28	5.39
Other Current Assets	12.92	14.52	12.79	8.28	6.64	1.25
Total Current Assets	883.03	834.35	727.4	591.84	663.37	535.62
Property, Plant & Equipment	801.4	754.57	694.16	615.33	554.57	534.12
Long-Term Investments	29.87	27.82	13.77	13.78	10.59	18.59
Goodwill	251.75	245.63	216.81	170.31	139.87	134.84
Other Intangible Assets	43.25	38.7	23.54	20.23	16	14.57
Long-Term Deferred Tax Assets	22.59	19.21	18.56	21.03	21.7	6.91
Long-Term Deferred Charges	3.45	3.31	3.01	2.52	2.61	2.51
Other Long-Term Assets	16.73	17.07	21.33	9.41	5.58	7.27
Total Assets	2,052	1,941	1,719	1,444	1,414	1,254
Accounts Payable	186.38	168.37	175.11	150.29	122.22	108.49
Accrued Expenses	67.04	62.77	57.18	44.5	39.23	35.02
Short-Term Debt	3.28	3.19	6.86	1.64	2.22	1.43
Current Portion of Long-Term Debt	63.7	68.53	66.39	66.11	63.25	57.35
Current Portion of Leases	-	-	-	-	-	14.34
Current Income Taxes Payable	36.5	21.07	15.4	7.19	10.63	5.9
Current Unearned Revenue	33.5	29.83	28.23	24.48	17.51	15.83
Other Current Liabilities	32.72	25.71	21.67	21.19	25.95	13.44
Total Current Liabilities	423.12	379.46	370.84	315.4	281	251.79
Long-Term Debt	491.5	474.72	387.25	342.51	408.97	364.1
Long-Term Leases	56.78	53.67	47.73	34.57	36.49	34.69
Long-Term Deferred Tax Liabilities	17.4	15.1	12.16	7.36	4.26	3.48
Other Long-Term Liabilities	48.55	42.59	37.96	23.16	20.71	20.45
Total Liabilities	1,037	965.54	855.95	723	751.43	674.5
Common Stock	47.16	47.16	47.16	47.16	47.16	47.16
Additional Paid-In Capital	63.34	63.34	63.34	63.34	63.34	63.34
Retained Earnings	86.7	157.51	144.86	100.85	116.82	61.99
Comprehensive Income & Other	769.42	660.6	565.26	486.91	408.35	388.07
Total Common Equity	966.62	928.61	820.62	698.26	635.67	560.56
Minority Interest	48.12	46.52	42.02	23.19	27.17	19.36
Shareholders' Equity	1,015	975.13	862.63	721.45	662.85	579.92
Total Liabilities & Equity	2,052	1,941	1,719	1,444	1,414	1,254
Total Debt	615.26	600.11	508.24	444.84	510.93	471.9
Net Cash (Debt)	-402.29	-394.48	-373.6	-305.2	-241.75	-298.43
Net Cash Per Share	-4.44	-4.35	-4.12	-3.36	-2.67	-3.29
Filing Date Shares Outstanding	90.7	90.7	90.7	90.7	90.7	90.7
Total Common Shares Outstanding	90.7	90.7	90.7	90.7	90.7	90.7
Working Capital	459.92	454.89	356.56	276.44	382.36	283.83
Book Value Per Share	10.66	10.24	9.05	7.70	7.01	6.18
Tangible Book Value	671.62	644.28	580.26	507.72	479.81	411.16
Tangible Book Value Per Share	7.40	7.10	6.40	5.60	5.29	4.53
Land	38.35	37.89	26.05	25.83	22.07	21.04
Buildings	185.89	184.41	171.54	151.91	131.02	114.87
Machinery	1,827	1,772	1,671	1,536	1,349	1,287
Construction In Progress	81.07	53.62	26.27	32.13	32.44	26.34

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