Bel Fuse Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	57.74	68.25	89.37	70.27	61.76	84.94
Short-Term Investments	-	0.95	37.55	-	-	-
Cash & Short-Term Investments	57.74	69.2	126.92	70.27	61.76	84.94
Cash Growth	-65.14%	-45.48%	80.63%	13.78%	-27.29%	17.50%
Receivables	135.1	116.37	96.92	125.52	115.41	85.51
Inventory	166.11	161.37	136.54	172.47	139.38	100.13
Other Current Assets	28.73	26.59	21.1	13.16	12.47	9.64
Total Current Assets	387.69	373.53	381.48	381.41	329.02	280.22
Property, Plant & Equipment	69.54	73	57.01	58.38	59.46	48.72
Long-Term Investments	11.27	12	14.24	5.54	-	-
Goodwill	214.64	208.04	26.64	25.1	26.65	23.97
Other Intangible Assets	221.21	231.95	49.39	54.11	61	65.79
Long-Term Deferred Tax Assets	12.72	16.43	11.55	7.28	4.46	5.71
Other Long-Term Assets	31.82	31.91	29.16	28.64	31.26	29.47
Total Assets	952.8	949.79	571.63	560.47	511.85	453.87
Accounts Payable	54.22	49.18	40.44	64.59	65.96	39.77
Accrued Expenses	44.02	45.65	47.62	33.94	31.16	27.47
Current Portion of Long-Term Debt	-	-	-	-	-	5.29
Current Portion of Leases	8.22	8.33	6.84	6.32	7.24	6.79
Current Unearned Revenue	-	6.12	3.05	8.85	4.45	2.08
Other Current Liabilities	20.31	18.79	12.67	22.61	3.2	6.14
Total Current Liabilities	126.76	128.07	110.61	136.3	112.01	87.54
Long-Term Debt	226.36	292.5	60	95	112.62	110.29
Long-Term Leases	14.88	18.82	15.75	17.35	16.32	8.85
Pension & Post-Retirement Benefits	18.68	18.43	19.88	18.52	23.91	24.62
Long-Term Deferred Tax Liabilities	30.27	28.92	1.46	1.26	1.49	1.03
Other Long-Term Liabilities	26.82	21.9	23.38	29.69	36.76	35.73
Total Liabilities	443.77	508.63	231.07	298.12	303.1	268.07
Common Stock	1.27	1.26	1.28	1.28	1.25	1.24
Additional Paid-In Capital	36.16	31.51	44.26	40.77	38.42	36.14
Retained Earnings	409.42	345.03	307.51	237.19	187.94	166.49
Treasury Stock	-	-	-0.45	-0.35	-	-
Comprehensive Income & Other	-19.09	-17.23	-12.04	-16.55	-18.86	-18.06
Total Common Equity	427.76	360.58	340.56	262.35	208.74	185.8
Minority Interest	81.27	80.59	-	-	-	-
Shareholders' Equity	509.03	441.16	340.56	262.35	208.74	185.8
Total Liabilities & Equity	952.8	949.79	571.63	560.47	511.85	453.87
Total Debt	249.46	319.64	82.59	118.67	136.18	131.22
Net Cash (Debt)	-191.71	-250.44	44.33	-48.4	-74.42	-46.28
Net Cash Per Share	-15.20	-19.85	3.47	-3.86	-6.00	-3.75
Filing Date Shares Outstanding	12.66	12.54	12.76	12.78	12.52	12.35
Total Common Shares Outstanding	12.66	12.54	12.76	12.78	12.52	12.35
Working Capital	260.93	245.46	270.87	245.1	217	192.68
Book Value Per Share	33.78	28.75	26.69	20.52	16.67	15.04
Tangible Book Value	-8.1	-79.41	264.53	183.14	121.1	96.04
Tangible Book Value Per Share	-0.64	-6.33	20.73	14.33	9.67	7.77
Land	0.13	0.12	0.35	1.1	1.11	1.12
Buildings	16.46	19.39	15.29	21.53	20.92	19.92
Machinery	103.34	99.75	98.53	118.36	120.96	124.11
Construction In Progress	4.97	5.24	1.57	4.24	5.08	1.6
Order Backlog	-	381.6	-	-	-	-

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