Master Drilling Group Limited (JSE: MDI)

Master Drilling Group Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	32.12	27.85	30.67	22.79	24.79	19.72
Short-Term Investments	0.26	0.32	0.29	0.94	0.24	0.87
Cash & Short-Term Investments	32.38	28.17	30.96	23.73	25.03	20.59
Cash Growth	37.98%	-9.01%	30.46%	-5.19%	21.57%	-40.41%
Accounts Receivable	61.55	65.62	65.77	42.25	37.28	39.5
Other Receivables	8.66	7.61	9.26	10.64	7.86	6.86
Receivables	72.19	74.15	76.02	53.02	45.36	46.62
Inventory	52.26	48.11	46.53	33.55	24.63	27.86
Prepaid Expenses	6.11	6.94	7.81	4.64	1.03	3.35
Other Current Assets	0.23	0.33	0.25	2.38	2.4	1.11
Total Current Assets	163.18	157.7	161.57	117.31	98.45	99.52
Property, Plant & Equipment	158.11	165.49	152.27	151.33	156.28	158.01
Long-Term Investments	6.19	10.63	10.26	9.72	-	9.03
Goodwill	2.97	3.04	3.16	2.8	2.86	2.72
Other Intangible Assets	17.78	18.04	20.27	2.45	0.59	0.76
Long-Term Deferred Tax Assets	3.96	3.35	2.86	1.31	1.65	6.18
Other Long-Term Assets	5.46	-	-	5.11	5.3	-
Total Assets	361.15	361.87	351.97	290.13	265.14	276.23
Accounts Payable	45.05	39.05	24.25	21.47	14.3	13.64
Accrued Expenses	20.28	21.58	29.96	11.47	10.66	11.36
Short-Term Debt	1.97	1.89	2.03	0.36	0.18	0.7
Current Portion of Long-Term Debt	4.52	4.57	4.7	32.02	15.02	12.33
Current Portion of Leases	2.11	1.94	1.77	0.86	0.89	1.36
Current Income Taxes Payable	7.61	6.92	7.34	5.44	5.61	2.94
Current Unearned Revenue	2.66	2.51	5.63	4.73	0.78	0.13
Other Current Liabilities	7.42	6.64	6.49	8.53	1.17	1.76
Total Current Liabilities	91.6	85.1	82.17	84.87	48.63	44.23
Long-Term Debt	41.47	39.51	41.41	0.14	27.08	39.11
Long-Term Leases	4.16	5.21	6.29	4.99	3.87	6.15
Long-Term Unearned Revenue	2.92	4.78	3.27	3.93	-	-
Long-Term Deferred Tax Liabilities	8.95	9.92	13.23	8.64	9.41	11.6
Other Long-Term Liabilities	8.05	8.36	9.52	1.2	-	-
Total Liabilities	157.15	152.89	155.89	103.76	88.99	101.1
Common Stock	148.86	149.47	149.37	149.26	149.26	148.7
Retained Earnings	163.75	165.17	147.71	137.59	117.77	114.44
Comprensive Income & Other	-133.04	-129.76	-124.05	-110.32	-100.64	-97.97
Total Common Equity	179.57	184.87	173.02	176.53	166.39	165.17
Minority Interest	24.44	24.11	23.06	9.83	9.76	9.96
Shareholders' Equity	204	208.98	196.08	186.37	176.15	175.13
Total Liabilities & Equity	361.15	361.87	351.97	290.13	265.14	276.23
Total Debt	54.22	53.13	56.2	38.37	47.05	59.65
Net Cash (Debt)	-21.83	-24.96	-25.24	-14.64	-22.02	-39.06
Net Cash Per Share	-0.14	-0.16	-0.17	-0.10	-0.15	-0.26
Filing Date Shares Outstanding	150.54	151.48	151.36	151.26	151.26	150.59
Total Common Shares Outstanding	150.54	151.48	151.36	151.26	151.26	150.59
Working Capital	71.58	72.6	79.4	32.45	49.83	55.29
Book Value Per Share	1.19	1.22	1.14	1.17	1.10	1.10
Tangible Book Value	158.82	163.79	149.59	171.29	162.94	161.68
Tangible Book Value Per Share	1.05	1.08	0.99	1.13	1.08	1.07
Land	1.48	1.56	3.44	2.91	2.93	5.36
Machinery	203.02	215.76	209.56	203.85	210.74	198.06
Construction In Progress	15.48	12.78	4.66	0.76	0.95	5.01
Order Backlog	-	-	-	237.6	212.8	-

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