Enphase Energy, Inc. (BMV:ENPH)

Enphase Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	350.08	369.11	288.75	473.24	119.32	679.38
Short-Term Investments	1,117	1,253	1,406	1,140	897.34	-
Cash & Short-Term Investments	1,467	1,623	1,695	1,613	1,017	679.38
Cash Growth	-9.99%	-4.27%	5.10%	58.64%	49.64%	170.23%
Accounts Receivable	267.72	265.75	486.2	473.03	357.13	200.04
Other Receivables	-	10.1	7.6	2.2	2.1	-
Receivables	267.72	275.85	493.8	475.23	359.23	200.04
Inventory	144.03	165	213.6	149.71	74.4	41.76
Prepaid Expenses	253.63	73.73	41.09	26.49	12.18	11.88
Restricted Cash	65.01	95.01	-	-	-	-
Other Current Assets	-	94.9	-	-	-	-
Total Current Assets	2,197	2,327	2,444	2,264	1,462	933.06
Property, Plant & Equipment	170.17	149.53	162.93	113.55	83.99	55.87
Long-Term Investments	70.35	64.83	79.86	56.78	41.04	5
Goodwill	212.36	211.57	214.56	213.56	181.25	24.78
Other Intangible Assets	37.41	65	93.74	118.74	110.36	33.61
Long-Term Accounts Receivable	108.4	110.95	124.19	100.99	69.58	51.99
Long-Term Deferred Tax Assets	305.41	315.57	252.37	204.87	122.47	92.9
Other Long-Term Assets	4.75	5.14	11.85	11.52	8.1	2.89
Total Assets	3,106	3,250	3,383	3,084	2,079	1,200
Accounts Payable	115.37	90.03	116.16	125.09	113.77	72.61
Accrued Expenses	142.51	141.53	212.09	247.23	126.78	66.5
Current Portion of Long-Term Debt	630.68	101.29	-	90.89	86.05	325.97
Current Portion of Leases	6.15	5.82	5.22	5.37	3.83	4.54
Current Income Taxes Payable	11.5	3.54	8.53	16.15	0.34	-
Current Unearned Revenue	167.77	237.23	118.3	90.75	62.67	47.67
Other Current Liabilities	85.3	80.66	72.14	62.75	46.36	16.76
Total Current Liabilities	1,159	660.09	532.45	638.22	439.8	534.04
Long-Term Debt	571.21	1,201	1,294	1,199	951.59	4.9
Long-Term Leases	26.56	23.04	18.8	19.08	11.92	15.21
Long-Term Unearned Revenue	333.7	341.98	369.17	281.61	187.19	125.47
Other Long-Term Liabilities	204.62	190.45	185.23	120.33	58.59	36.49
Total Liabilities	2,295	2,417	2,399	2,259	1,649	716.11
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	1,128	1,085	939.34	819.12	837.92	534.74
Retained Earnings	-315.86	-245.21	46.27	17.34	-405.74	-51.19
Comprehensive Income & Other	-1.61	-6.35	-1.99	-10.88	-2.02	0.43
Shareholders' Equity	810.7	833.02	983.62	825.57	430.17	483.99
Total Liabilities & Equity	3,106	3,250	3,383	3,084	2,079	1,200
Total Debt	1,235	1,331	1,318	1,315	1,053	350.62
Net Cash (Debt)	232.25	291.35	377.27	298.04	-36.75	328.76
Net Cash Growth	-25.03%	-22.78%	26.59%	-	-	146.90%
Net Cash Per Share	1.66	2.08	2.63	2.06	-0.26	2.32
Filing Date Shares Outstanding	131.21	132.47	135.76	136.5	133.94	129.02
Total Common Shares Outstanding	131.19	132.45	135.72	136.44	133.89	128.96
Working Capital	1,038	1,667	1,911	1,626	1,023	399.02
Book Value Per Share	6.18	6.29	7.25	6.05	3.21	3.75
Tangible Book Value	560.93	556.45	675.33	493.27	138.56	425.6
Tangible Book Value Per Share	4.28	4.20	4.98	3.62	1.03	3.30
Land	-	-	-	0.11	0.11	-
Buildings	-	19.05	17.06	15.88	12.55	9.02
Machinery	-	217.88	197.26	125.08	104.42	68.92
Construction In Progress	-	19.31	29.75	31.73	14.33	9.75

Source: S&P Global Market Intelligence. Standard template. Financial Sources.