Carel Industries Balance Sheet

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

Millions EUR. 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	119.62	99.12	154.01	96.64	100.63	105.59
Short-Term Investments	0.26	3.1	3.16	11.08	0.47	7.52
Cash & Short-Term Investments	119.87	102.22	157.17	107.72	101.1	113.11
Cash Growth	35.72%	-34.97%	45.91%	6.55%	-10.62%	80.10%
Accounts Receivable	106.77	99.61	101.29	93.69	74.46	57.73
Other Receivables	4.34	12.25	11.53	10.52	7.08	4.85
Receivables	111.11	111.85	112.82	104.21	81.54	62.58
Inventory	92.86	94.21	111.72	106.75	80.91	52.01
Prepaid Expenses	-	8.22	8.12	2.69	2.55	1.87
Other Current Assets	18.31	8.5	6.32	8.81	4.05	2.9
Total Current Assets	342.15	325	396.15	330.17	270.14	232.47
Property, Plant & Equipment	113.38	123.12	117.5	109.69	84.4	74.88
Long-Term Investments	6.17	4	2.22	1.45	1.25	0.72
Goodwill	-	245.51	243.86	101.39	67.35	49.04
Other Intangible Assets	367.74	129.07	134.7	87.53	60.95	35.51
Long-Term Deferred Tax Assets	15.76	14.69	14.4	7.75	7.02	5.27
Long-Term Deferred Charges	-	5.16	4.7	5.51	6.27	4.95
Other Long-Term Assets	4.45	4.47	6.87	9.77	10.41	11.31
Total Assets	849.64	851.02	920.4	653.25	507.8	414.15
Accounts Payable	67.42	62.69	74.93	77.17	66.44	43.23
Accrued Expenses	-	32.31	33.91	27.1	22.92	20.57
Short-Term Debt	-	0.73	1.28	0.9	0.09	0.15
Current Portion of Long-Term Debt	48.74	35.89	38.29	77.63	61.13	45.34
Current Portion of Leases	-	6.61	6.41	5.43	4.04	3.59
Current Income Taxes Payable	7.35	6.25	5.18	4.99	4.78	2.99
Other Current Liabilities	83.74	27.99	74.54	9.43	7.06	5.3
Total Current Liabilities	207.25	172.47	234.55	202.65	166.45	121.18
Long-Term Debt	85.95	84.43	120.43	94.18	70.18	89.06
Long-Term Leases	-	24.93	26.96	27.22	23.52	24.6
Pension & Post-Retirement Benefits	7.11	7.39	8.48	8.13	8.61	8.19
Long-Term Deferred Tax Liabilities	24.57	26.19	28.79	18.24	17.11	10.21
Other Long-Term Liabilities	73.7	94.08	105.03	81.59	52.05	1.29
Total Liabilities	398.58	409.49	524.23	432	337.92	254.52
Common Stock	11.25	11.25	11.25	10	10	10
Retained Earnings	237.91	217.86	185.49	159.04	124.07	95.91
Comprehensive Income & Other	196.36	205.83	179.69	36.33	20.88	53.41
Total Common Equity	445.52	434.94	376.42	205.38	154.95	159.32
Minority Interest	5.54	6.59	19.75	15.87	14.92	0.3
Shareholders' Equity	451.06	441.54	396.17	221.25	169.88	159.62
Total Liabilities & Equity	849.64	851.02	920.4	653.25	507.8	414.15
Total Debt	134.69	152.6	193.37	205.35	158.95	162.74
Net Cash (Debt)	-14.82	-50.38	-36.2	-97.63	-57.86	-49.63
Net Cash Per Share	-0.13	-0.45	-0.36	-0.98	-0.58	-0.50
Filing Date Shares Outstanding	109.3	112.49	112.49	99.97	99.9	99.83
Total Common Shares Outstanding	109.3	112.49	112.49	99.97	99.9	99.83
Working Capital	134.9	152.53	161.6	127.53	103.7	111.29
Book Value Per Share	4.08	3.87	3.35	2.05	1.55	1.60
Tangible Book Value	77.78	60.36	-2.14	16.46	26.65	74.77
Tangible Book Value Per Share	0.71	0.54	-0.02	0.16	0.27	0.75
Land	-	46.81	42.12	79.4	57.64	54.76
Machinery	-	132.54	116.36	106.03	88.96	77.88
Construction In Progress	-	1.83	4.94	3.21	4.74	0.98

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