Metsä Board Oyj (HEL:METSB)

Metsä Board Oyj Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	212.7	182.6	291.6	356.2	524.2	214
Cash & Short-Term Investments	212.7	182.6	291.6	356.2	524.2	214
Cash Growth	32.85%	-37.38%	-18.14%	-32.05%	144.95%	59.46%
Accounts Receivable	278.7	233.5	209.2	312.3	270.3	222.5
Other Receivables	-	49.8	43.2	75.7	47.5	27.2
Receivables	278.7	283.3	252.4	388	317.8	249.7
Inventory	398	472.6	394.4	506.7	382.6	360
Prepaid Expenses	-	4	6.4	7.9	14.7	27.7
Other Current Assets	-0.1	9.2	29.9	40.5	45	33.2
Total Current Assets	889.3	951.7	974.7	1,299	1,284	884.6
Property, Plant & Equipment	1,231	1,248	1,230	1,108	935	824.7
Long-Term Investments	708.2	737.2	804.3	959.6	660	555.9
Goodwill	12.2	12.2	12.2	12.2	12.4	12.4
Other Intangible Assets	38	35	16.1	5.9	6.2	6.7
Long-Term Deferred Tax Assets	8	5.2	9.5	9.4	8.4	7.5
Other Long-Term Assets	4.2	4.4	5.4	6.6	12.5	7.8
Total Assets	2,891	2,994	3,055	3,403	2,922	2,303
Accounts Payable	349.1	297	282.7	360.4	348.6	78.7
Accrued Expenses	-	82.3	76.3	89.1	102	72.3
Current Portion of Long-Term Debt	48	108.2	11.8	12.2	3.9	1.3
Current Portion of Leases	-	7.3	5.3	6.4	6.1	6.3
Current Income Taxes Payable	-	-	15.8	11.6	19.9	0.1
Other Current Liabilities	0.7	41	29.9	68.2	43.3	195.3
Total Current Liabilities	397.8	535.8	421.8	547.9	523.8	354
Long-Term Debt	502.7	402	413.5	424.9	427.2	430.7
Long-Term Leases	-	9.9	7.5	9.5	9.8	14.1
Pension & Post-Retirement Benefits	7.9	8.1	10.1	10.4	13.7	13.4
Long-Term Deferred Tax Liabilities	115.8	123.2	139.2	149.5	96.2	97.5
Other Long-Term Liabilities	4.9	7.4	10.4	5.7	5.2	9
Total Liabilities	1,029	1,086	1,003	1,148	1,076	918.7
Common Stock	557.9	557.9	557.9	557.9	557.9	557.9
Retained Earnings	834.4	926.9	994.3	1,105	843.2	450.1
Treasury Stock	-2.8	-3.7	-5.5	-7.8	-	-
Comprehensive Income & Other	304.7	261.9	350.3	427.1	298.3	375.8
Total Common Equity	1,694	1,743	1,897	2,082	1,699	1,384
Minority Interest	167.7	164.7	155.6	173.2	146.2	-
Shareholders' Equity	1,862	1,908	2,053	2,255	1,846	1,384
Total Liabilities & Equity	2,891	2,994	3,055	3,403	2,922	2,303
Total Debt	550.7	527.4	438.1	453	447	452.4
Net Cash (Debt)	-338	-344.8	-146.5	-96.8	77.2	-238.4
Net Cash Per Share	-0.98	-0.97	-0.41	-0.27	0.22	-0.67
Filing Date Shares Outstanding	345.45	355.05	354.81	354.51	355.51	355.51
Total Common Shares Outstanding	345.45	355.05	354.81	354.51	355.51	355.51
Working Capital	491.5	415.9	552.9	751.4	760.5	530.6
Book Value Per Share	4.90	4.91	5.35	5.87	4.78	3.89
Tangible Book Value	1,644	1,696	1,869	2,064	1,681	1,365
Tangible Book Value Per Share	4.76	4.78	5.27	5.82	4.73	3.84
Land	-	16	16.1	12.4	15.7	17
Buildings	-	521	504.9	472.4	401.2	410.7
Machinery	-	3,085	2,998	2,782	2,563	2,558
Construction In Progress	-	32	71.4	163.2	306.1	158.4

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