Culp, Inc. Balance Sheet

Financials in millions USD. Fiscal year is May - April.

Millions USD. Fiscal year is May - Apr.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 2, 2025	Apr '25 Apr 27, 2025	Apr '24 Apr 28, 2024	Apr '23 Apr 30, 2023	May '22 May 1, 2022	May '21 May 2, 2021
Cash & Equivalents	10.73	5.63	10.01	20.96	14.55	37.01
Short-Term Investments	-	-	-	-	-	8.7
Cash & Short-Term Investments	10.73	5.63	10.01	20.96	14.55	45.71
Cash Growth	1.87%	-43.78%	-52.24%	44.08%	-68.17%	-39.04%
Accounts Receivable	20.64	21.84	21.14	24.78	22.23	37.73
Other Receivables	-	-	0.35	-	0.86	-
Receivables	25.66	22.12	21.75	25	23.08	37.73
Inventory	49.94	49.31	44.84	45.08	66.56	55.92
Other Current Assets	4.03	6.47	4.27	4.48	2.99	3.85
Total Current Assets	90.36	83.53	80.88	95.52	107.18	143.21
Property, Plant & Equipment	26.41	30.74	39.39	44.3	57.28	55.73
Long-Term Investments	-	-	-	-	-	1.14
Other Intangible Assets	0.77	0.96	1.88	2.25	2.63	3
Long-Term Deferred Tax Assets	0.47	0.64	0.52	0.48	0.53	0.55
Other Long-Term Assets	6.23	6.31	7.93	7.91	9.95	10.45
Total Assets	125.25	123.37	132.05	152.18	177.56	214.08
Accounts Payable	29.66	27.32	25.61	29.44	20.1	42.54
Accrued Expenses	6.62	6.66	7.63	9.94	7.83	14.84
Short-Term Debt	-	8.11	-	-	-	-
Current Portion of Long-Term Debt	11.26	-	-	-	-	-
Current Portion of Leases	1.61	2.39	2.06	2.64	3.22	2.74
Current Income Taxes Payable	0.9	1.42	0.97	0.75	0.41	0.23
Current Unearned Revenue	0.89	0.42	1.5	1.19	0.52	0.54
Other Current Liabilities	0.32	0.63	0.34	0.06	0.47	0.35
Total Current Liabilities	51.26	46.96	38.11	44.02	32.56	61.23
Long-Term Debt	7.03	4.6	-	-	-	-
Long-Term Leases	1.48	2.54	2.42	3.61	7.06	6.82
Long-Term Deferred Tax Liabilities	5.4	5.16	6.38	5.95	6	5.33
Other Long-Term Liabilities	6.51	6.48	9.02	9.52	12.44	11.69
Total Liabilities	71.66	65.73	55.93	63.1	58.06	85.07
Common Stock	0.63	0.63	0.62	0.62	0.61	0.62
Additional Paid-In Capital	45.84	45.59	45.01	44.25	43.14	43.81
Retained Earnings	6.74	11.27	30.38	44.2	75.72	84.44
Comprehensive Income & Other	0.38	0.15	0.12	0.02	0.03	0.15
Total Common Equity	53.59	57.64	76.13	89.08	119.5	129.01
Shareholders' Equity	53.59	57.64	76.13	89.08	119.5	129.01
Total Liabilities & Equity	125.25	123.37	132.05	152.18	177.56	214.08
Total Debt	21.37	17.64	4.48	6.25	10.28	9.56
Net Cash (Debt)	-10.64	-12.01	5.53	14.71	4.27	36.16
Net Cash Growth	-	-	-62.42%	244.62%	-88.19%	10.26%
Net Cash Per Share	-0.85	-0.96	0.44	1.20	0.35	2.93
Filing Date Shares Outstanding	12.66	12.56	12.47	12.34	12.25	12.32
Total Common Shares Outstanding	12.66	12.56	12.47	12.33	12.23	12.31
Working Capital	39.1	36.57	42.77	51.5	74.62	81.98
Book Value Per Share	4.23	4.59	6.11	7.23	9.77	10.48
Tangible Book Value	52.82	56.68	74.25	86.83	116.87	126
Tangible Book Value Per Share	4.17	4.51	5.95	7.04	9.56	10.23
Land	-	0.6	0.95	0.95	0.95	0.94
Buildings	-	25.29	30.77	30.41	31.63	31.21
Machinery	-	60.11	77.76	77.75	78.18	74.83
Construction In Progress	-	0.55	1.6	0.46	0.61	3.08
Leasehold Improvements	-	2.04	2.39	2.37	3.47	2.88
Order Backlog	-	6.5	11.7	-	-	-

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