True Corporation PCL (BKK: TRUE)

True Corporation PCL Balance Sheet

Financials in millions THB. 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	16,934	33,580	27,011	21,963	24,330	49,405
Short-Term Investments	-	196.64	152.99	212.87	8,444	1.13
Trading Asset Securities	0.12	0.11	0.11	0.11	0.11	-
Cash & Short-Term Investments	16,934	33,777	27,164	22,176	32,775	49,406
Cash Growth	-32.94%	24.34%	22.49%	-32.34%	-33.66%	138.97%
Accounts Receivable	43,269	47,328	44,876	48,737	42,274	37,396
Other Receivables	6,167	7,480	5,636	7,380	6,550	17,691
Receivables	49,446	54,809	50,515	56,120	48,876	55,087
Inventory	1,696	2,281	1,206	1,374	4,508	7,274
Prepaid Expenses	1,668	1,910	1,822	1,553	1,358	3,180
Restricted Cash	20.47	13.72	9.37	43.84	43.53	43.68
Other Current Assets	14,903	16,173	17,549	18,864	16,846	19,459
Total Current Assets	84,667	108,963	98,265	100,130	104,406	134,449
Property, Plant & Equipment	297,611	322,206	346,317	339,560	335,230	228,962
Long-Term Investments	24,627	23,817	25,730	27,129	24,663	27,372
Goodwill	126,329	126,329	8,467	10,160	9,994	9,994
Other Intangible Assets	131,056	142,850	119,846	128,325	132,749	114,622
Long-Term Deferred Tax Assets	11,839	11,586	5,827	5,862	6,081	3,275
Other Long-Term Assets	7,169	8,971	13,645	13,737	4,426	5,318
Total Assets	683,298	744,722	618,096	624,915	617,548	523,993
Accounts Payable	47,554	51,009	60,123	61,904	64,480	65,935
Accrued Expenses	40,886	42,240	23,633	27,426	20,440	42,495
Short-Term Debt	3,500	14,589	17,954	5,999	3,500	16,663
Current Portion of Long-Term Debt	92,324	65,132	64,876	59,313	61,008	16,102
Current Portion of Leases	16,527	18,620	12,683	9,020	12,654	1,935
Current Income Taxes Payable	165.29	394.46	127.84	133.4	161.83	175.4
Current Unearned Revenue	7,104	7,237	4,244	4,108	3,791	3,997
Other Current Liabilities	5,201	3,911	4,638	6,044	9,751	3,848
Total Current Liabilities	213,261	203,131	188,277	173,948	175,786	151,150
Long-Term Debt	239,982	285,501	209,308	192,196	158,491	172,289
Long-Term Leases	83,303	93,681	96,959	105,149	113,751	5,741
Long-Term Unearned Revenue	-	6,600	7,104	7,640	8,093	8,708
Long-Term Deferred Tax Liabilities	4,844	4,874	5,630	5,498	6,251	6,271
Other Long-Term Liabilities	56,969	61,609	46,229	55,171	65,568	50,065
Total Liabilities	600,809	658,581	556,689	543,097	531,931	397,974
Common Stock	138,208	138,208	133,473	133,473	133,473	133,473
Additional Paid-In Capital	145,127	145,127	26,435	26,384	26,384	26,384
Retained Earnings	-200,261	-195,115	-96,732	-76,315	-72,655	-32,591
Treasury Stock	-	-	-	-72.54	-72.54	-
Comprehensive Income & Other	-882.11	-2,441	-2,194	-2,108	-2,040	-1,898
Total Common Equity	82,192	85,779	60,982	81,362	85,089	125,368
Minority Interest	296.89	361.35	424.59	456.13	528.04	651.2
Shareholders' Equity	82,489	86,140	61,407	81,818	85,617	126,019
Total Liabilities & Equity	683,298	744,722	618,096	624,915	617,548	523,993
Total Debt	435,636	477,523	401,780	371,677	349,404	212,729
Net Cash (Debt)	-418,702	-443,746	-374,616	-349,500	-316,630	-163,323
Net Cash Per Share	-10.42	-12.84	-18.71	-17.46	-15.81	-8.16
Filing Date Shares Outstanding	34,552	34,552	20,027	20,013	20,013	20,027
Total Common Shares Outstanding	34,552	34,552	20,027	20,013	20,013	20,027
Working Capital	-128,594	-94,168	-90,013	-73,817	-71,380	-16,701
Book Value Per Share	2.38	2.48	3.05	4.07	4.25	6.26
Tangible Book Value	-175,193	-183,399	-67,330	-57,123	-57,654	752.15
Tangible Book Value Per Share	-5.07	-5.31	-3.36	-2.85	-2.88	0.04
Land	-	2,389	796.96	777.18	764.35	737.45
Buildings	-	6,712	5,136	5,031	4,828	4,467
Machinery	-	371,048	299,004	263,340	226,779	208,748
Construction In Progress	-	47,156	73,409	77,134	82,845	77,360

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