The Italian Sea Group S.p.A. (BIT: TISG)

The Italian Sea Group 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	52.63	76.41	81.32	85.62	17.94	5.76
Cash & Short-Term Investments	52.63	76.41	81.32	85.62	17.94	5.76
Cash Growth	-	-6.03%	-5.02%	377.15%	211.78%	44.67%
Accounts Receivable	165.45	113.08	70.94	51.57	37.17	35.49
Other Receivables	3.55	3.1	4.29	9.95	2.14	2.2
Receivables	169	116.17	75.22	61.52	39.3	37.69
Inventory	8.46	10.9	3.57	1.25	2.76	1.49
Prepaid Expenses	-	4.88	1.96	1.19	1.3	0.44
Other Current Assets	4.66	2.08	2.49	1.58	1.18	0.59
Total Current Assets	234.74	210.44	164.56	151.16	62.49	45.96
Property, Plant & Equipment	122.69	126.53	135.22	75.23	53.54	39.81
Long-Term Investments	0.04	1.33	3.15	0.41	0.28	0.18
Other Intangible Assets	35.27	34.87	34.69	3.55	3.55	3.55
Long-Term Deferred Tax Assets	-	3.04	-	-	-	-
Long-Term Deferred Charges	-	0.75	1.03	0.86	0.82	0.7
Other Long-Term Assets	2.07	0.43	3.63	3.86	2.27	1.02
Total Assets	394.82	377.39	342.26	235.08	122.95	91.21
Accounts Payable	60.55	90.57	78.77	57.15	34.24	23.08
Accrued Expenses	-	4.41	2.41	1.61	2.02	0.86
Short-Term Debt	1.18	-	-	-	-	-
Current Portion of Long-Term Debt	11.6	11.66	14.2	10.77	2.53	7.06
Current Portion of Leases	-	0.82	1	0.71	0.84	0.55
Current Income Taxes Payable	-	14.24	7.64	3.63	1.9	1.76
Current Unearned Revenue	44.68	38.56	16.8	16.35	9.96	-
Other Current Liabilities	62.64	18.56	30.63	15.11	6.12	7.87
Total Current Liabilities	180.65	178.82	151.44	105.32	57.62	41.18
Long-Term Debt	47.01	54.59	66.29	23.86	10.85	7.15
Long-Term Leases	11.87	7.46	9.91	7.52	7.56	3.22
Long-Term Deferred Tax Liabilities	0.53	-	0.89	1.18	1.84	0.92
Other Long-Term Liabilities	4.86	4.42	3.48	3.55	4.04	3.75
Total Liabilities	245.8	246.25	233.26	142.19	82.73	57.11
Common Stock	26.5	26.5	26.5	26.5	21.75	21.75
Additional Paid-In Capital	45.43	45.4	45.43	45.43	12	12
Retained Earnings	37.69	42.21	29.35	20.67	6.24	0.43
Comprehensive Income & Other	39.39	17.03	7.72	0.29	0.24	-0.08
Shareholders' Equity	149.02	131.14	109	92.89	40.22	34.1
Total Liabilities & Equity	394.82	377.39	342.26	235.08	122.95	91.21
Total Debt	71.65	74.54	91.39	42.86	21.79	17.98
Net Cash (Debt)	-19.02	1.88	-10.07	42.76	-3.84	-12.23
Net Cash Per Share	-0.36	0.04	-0.19	0.81	-0.18	-0.28
Filing Date Shares Outstanding	53.26	53	53	53	43.5	43.5
Total Common Shares Outstanding	53.26	53	53	53	43.5	43.5
Working Capital	54.1	31.62	13.12	45.84	4.87	4.77
Book Value Per Share	2.80	2.47	2.06	1.75	0.92	0.78
Tangible Book Value	113.75	96.26	74.32	89.33	36.67	30.54
Tangible Book Value Per Share	2.14	1.82	1.40	1.69	0.84	0.70
Land	-	10.94	7.1	3.03	3.03	22.99
Buildings	-	61.97	44.63	44.63	27.23	-
Machinery	-	64.71	53.55	52.3	50.26	46.56
Construction In Progress	-	4.71	26.03	8.41	10.21	4.89
Order Backlog	-	1,264	-	826.67	-	-

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