Marfrig Global Foods S.A. (BVMF: MRFG3)

Marfrig Global Foods Balance Sheet

Financials in millions BRL. 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	5,490	6,460	6,404	1,759	2,042	1,775
Short-Term Investments	16,460	15,418	16,089	6,338	9,716	5,813
Cash & Short-Term Investments	21,950	21,878	22,493	8,097	11,757	7,588
Cash Growth	18.06%	-2.73%	177.78%	-31.13%	54.96%	6.81%
Accounts Receivable	8,814	7,214	6,727	3,841	2,513	2,021
Other Receivables	3,528	3,586	3,736	2,320	1,013	1,323
Receivables	12,343	10,897	10,524	6,196	3,526	3,408
Inventory	10,686	10,113	12,852	4,351	2,851	2,383
Prepaid Expenses	390.07	302.5	225.48	108.83	93.11	61.82
Restricted Cash	14.54	13.81	-	-	-	-
Other Current Assets	11,648	8,896	4,504	761.16	191.9	978.96
Total Current Assets	57,032	52,101	50,598	19,514	18,420	14,420
Property, Plant & Equipment	44,748	44,278	49,247	9,793	8,063	6,441
Long-Term Investments	1,844	974.63	1,108	6,340	60.02	45.69
Goodwill	1,281	1,123	1,787	1,893	1,763	1,362
Other Intangible Assets	17,694	17,429	18,626	6,039	6,222	5,373
Long-Term Accounts Receivable	8.82	5.9	5.31	-	-	-
Long-Term Deferred Tax Assets	3,514	2,587	3,012	885.05	1,542	1,413
Other Long-Term Assets	12,252	12,455	11,709	3,540	3,437	2,518
Total Assets	138,374	130,955	136,104	48,003	39,507	31,572
Accounts Payable	18,256	16,707	18,825	3,827	2,768	2,670
Accrued Expenses	1,844	1,670	2,066	2,375	1,546	839.48
Short-Term Debt	-	-	-	-	-	176.88
Current Portion of Long-Term Debt	7,072	7,706	13,630	6,920	6,692	4,703
Current Portion of Leases	1,205	1,080	819.55	161.03	161.43	131.09
Current Income Taxes Payable	868.34	763.56	673.2	950.42	509.3	326.03
Current Unearned Revenue	1,500	1,500	-	-	-	-
Other Current Liabilities	14,655	12,744	4,407	2,815	2,188	1,768
Total Current Liabilities	45,399	42,171	40,421	17,048	13,864	10,615
Long-Term Debt	49,994	44,139	48,477	23,585	20,490	17,355
Long-Term Leases	3,331	3,158	2,784	481.43	528	392.74
Long-Term Deferred Tax Liabilities	9,211	9,554	10,720	117.28	98.83	136.28
Other Long-Term Liabilities	7,232	7,043	7,254	1,200	1,012	1,297
Total Liabilities	115,167	106,065	109,655	42,432	35,993	29,796
Common Stock	10,367	10,367	8,204	8,204	8,204	8,204
Retained Earnings	3,780	3,642	5,447	2,763	278.3	-3,043
Treasury Stock	-1,436	-1,143	-929.64	-850.88	-194.45	-92.53
Comprensive Income & Other	-7,069	-5,235	-7,151	-6,199	-6,194	-4,450
Total Common Equity	5,642	7,631	5,570	3,917	2,095	618.57
Minority Interest	17,565	17,259	20,880	1,655	1,419	1,158
Shareholders' Equity	23,207	24,890	26,450	5,572	3,514	1,776
Total Liabilities & Equity	138,374	130,955	136,104	48,003	39,507	31,572
Total Debt	61,602	56,084	65,711	31,148	27,872	22,759
Net Cash (Debt)	-39,652	-34,206	-43,218	-16,953	-16,114	-15,171
Net Cash Per Share	-62.27	-53.33	-66.37	-25.06	-23.02	-24.39
Filing Date Shares Outstanding	900.49	929.13	659.69	663.98	691.96	701
Total Common Shares Outstanding	900.49	929.13	659.69	663.98	691.96	701
Working Capital	11,633	9,930	10,177	2,467	4,556	3,805
Book Value Per Share	6.27	8.21	8.44	5.90	3.03	0.88
Tangible Book Value	-13,333	-10,921	-14,843	-4,014	-5,891	-6,116
Tangible Book Value Per Share	-14.81	-11.75	-22.50	-6.05	-8.51	-8.72
Land	25,181	24,103	26,910	6,623	5,511	4,718
Machinery	32,621	30,752	31,032	5,661	4,891	3,776
Construction In Progress	1,826	2,112	2,933	1,217	821.61	412.07

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