Ironwood Education Limited (BOM: 508918)

Ironwood Education Balance Sheet

Financials in millions INR. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	0.86	0.48	3.35	2.05	1.97	2.8
Cash & Short-Term Investments	0.86	0.48	3.35	2.05	1.97	2.8
Cash Growth	-48.47%	-85.54%	62.95%	4.11%	-29.42%	-38.45%
Accounts Receivable	9.41	11.2	4.94	4.53	6.7	5.54
Other Receivables	-	0.04	0.23	-	-	0.66
Receivables	9.41	11.24	5.19	5.03	7.04	6.21
Prepaid Expenses	-	1.36	1.29	1.27	1.43	3.26
Other Current Assets	3.34	1.02	1.26	0.66	2.01	2.8
Total Current Assets	13.61	14.09	11.08	9.02	12.45	15.06
Property, Plant & Equipment	9.77	11.55	15.75	3.43	14.98	20.36
Long-Term Investments	34.99	34.99	37.61	37.61	35.96	19.99
Goodwill	117.05	117.05	172.41	172.41	172.41	172.41
Other Intangible Assets	0.3	0.27	0.34	0.31	0.45	0.27
Long-Term Deferred Tax Assets	1.65	1.59	1.73	1.29	1.6	1.71
Long-Term Deferred Charges	-	0.4	0.55	0.06	0.8	0.47
Other Long-Term Assets	3.35	2.95	2.02	2.88	0.02	0.02
Total Assets	180.71	182.89	241.49	227.01	238.67	243.79
Accounts Payable	3.25	6.44	3.78	4.86	6.33	6.31
Accrued Expenses	2.74	10.26	4.75	0.55	0.99	0.46
Current Unearned Revenue	8.35	5.68	6.91	8.21	-	5.88
Other Current Liabilities	3.35	2.19	1.84	1.34	12.16	8.89
Total Current Liabilities	17.69	24.57	17.28	14.95	19.48	21.55
Long-Term Debt	88.41	86	90.15	67.1	42.86	23.35
Long-Term Leases	9.66	11.33	14.49	3.28	14.81	18.28
Other Long-Term Liabilities	-	-	-	-	0	-
Total Liabilities	117.11	123.17	123.02	86.25	78.16	65.24
Common Stock	79.08	79.08	79.08	79.08	79.08	79.08
Additional Paid-In Capital	-	285.58	285.58	285.58	285.58	285.58
Retained Earnings	-	-287.75	-227.48	-208.57	-189.67	-169.66
Comprehensive Income & Other	-15.47	-17.19	-18.79	-15.34	-14.54	-16.45
Total Common Equity	63.61	59.72	118.39	140.75	160.44	178.55
Minority Interest	-	-	0.08	0.01	0.06	-
Shareholders' Equity	63.61	59.72	118.47	140.76	160.51	178.55
Total Liabilities & Equity	180.71	182.89	241.49	227.01	238.67	243.79
Total Debt	98.07	97.33	104.63	70.38	57.67	41.63
Net Cash (Debt)	-97.21	-96.84	-101.29	-68.33	-55.69	-38.84
Net Cash Per Share	-12.12	-12.25	-12.81	-8.64	-7.04	-4.91
Filing Date Shares Outstanding	7.9	7.91	7.91	7.91	7.91	7.91
Total Common Shares Outstanding	7.9	7.91	7.91	7.91	7.91	7.91
Working Capital	-4.08	-10.48	-6.2	-5.94	-7.03	-6.48
Book Value Per Share	8.05	7.55	14.97	17.80	20.29	22.58
Tangible Book Value	-53.74	-57.59	-54.37	-31.97	-12.42	5.87
Tangible Book Value Per Share	-6.80	-7.28	-6.88	-4.04	-1.57	0.74
Buildings	-	-	-	-	2.37	2.37
Machinery	-	12.69	12.66	10.23	12.7	12.65
Construction In Progress	-	-	-	0.08	-	0.2

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