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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	4,791	6,460	6,404	1,759	2,042	1,775
Short-Term Investments	-	15,418	16,089	6,338	9,716	5,813
Trading Asset Securities	15,045	-	-	-	-	-
Cash & Short-Term Investments	19,836	21,878	22,493	8,097	11,757	7,588
Cash Growth	-15.70%	-2.73%	177.78%	-31.13%	54.96%	6.81%
Accounts Receivable	7,912	7,214	6,727	3,841	2,513	2,021
Other Receivables	3,736	3,586	3,736	2,320	1,013	1,323
Receivables	11,699	10,897	10,524	6,196	3,526	3,408
Inventory	11,720	10,113	12,852	4,351	2,851	2,383
Prepaid Expenses	398.72	302.5	225.48	108.83	93.11	61.82
Restricted Cash	14.52	13.81	-	-	-	-
Other Current Assets	10,899	8,896	4,504	761.16	191.9	978.96
Total Current Assets	54,567	52,101	50,598	19,514	18,420	14,420
Property, Plant & Equipment	44,179	44,278	49,247	9,793	8,063	6,441
Long-Term Investments	1,926	974.63	1,108	6,340	60.02	45.69
Goodwill	1,255	1,123	1,787	1,893	1,763	1,362
Other Intangible Assets	17,418	17,429	18,626	6,039	6,222	5,373
Long-Term Accounts Receivable	24.36	5.9	5.31	-	-	-
Long-Term Deferred Tax Assets	3,299	2,587	3,012	885.05	1,542	1,413
Other Long-Term Assets	12,173	12,455	11,709	3,540	3,437	2,518
Total Assets	134,859	130,955	136,104	48,003	39,507	31,572
Accounts Payable	18,072	16,707	18,825	3,827	2,768	2,670
Accrued Expenses	2,013	1,670	2,066	2,375	1,546	839.48
Short-Term Debt	-	-	-	-	-	176.88
Current Portion of Long-Term Debt	6,578	7,706	13,630	6,920	6,692	4,703
Current Portion of Leases	1,179	1,080	819.55	161.03	161.43	131.09
Current Income Taxes Payable	925.25	763.56	673.2	950.42	509.3	326.03
Current Unearned Revenue	1,500	1,500	-	-	-	-
Other Current Liabilities	14,202	12,744	4,407	2,815	2,188	1,768
Total Current Liabilities	44,469	42,171	40,421	17,048	13,864	10,615
Long-Term Debt	47,678	44,139	48,477	23,585	20,490	17,355
Long-Term Leases	3,380	3,158	2,784	481.43	528	392.74
Long-Term Deferred Tax Liabilities	8,984	9,554	10,720	117.28	98.83	136.28
Other Long-Term Liabilities	7,150	7,043	7,254	1,200	1,012	1,297
Total Liabilities	111,661	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	3,859	3,642	5,447	2,763	278.3	-3,043
Treasury Stock	-1,604	-1,143	-929.64	-850.88	-194.45	-92.53
Comprehensive Income & Other	-7,240	-5,235	-7,151	-6,199	-6,194	-4,450
Total Common Equity	5,383	7,631	5,570	3,917	2,095	618.57
Minority Interest	17,815	17,259	20,880	1,655	1,419	1,158
Shareholders' Equity	23,198	24,890	26,450	5,572	3,514	1,776
Total Liabilities & Equity	134,859	130,955	136,104	48,003	39,507	31,572
Total Debt	58,814	56,084	65,711	31,148	27,872	22,759
Net Cash (Debt)	-38,978	-34,206	-43,218	-16,953	-16,114	-15,171
Net Cash Per Share	-46.19	-53.33	-66.37	-25.06	-23.02	-24.39
Filing Date Shares Outstanding	888.57	929.13	659.69	663.98	691.96	701
Total Common Shares Outstanding	888.57	929.13	659.69	663.98	691.96	701
Working Capital	10,098	9,930	10,177	2,467	4,556	3,805
Book Value Per Share	6.06	8.21	8.44	5.90	3.03	0.88
Tangible Book Value	-13,290	-10,921	-14,843	-4,014	-5,891	-6,116
Tangible Book Value Per Share	-14.96	-11.75	-22.50	-6.05	-8.51	-8.72
Land	25,224	24,103	26,910	6,623	5,511	4,718
Machinery	32,646	30,752	31,032	5,661	4,891	3,776
Construction In Progress	2,005	2,112	2,933	1,217	821.61	412.07

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