Sappi Limited (JSE: SAP)

Sappi Balance Sheet

Financials in millions USD. Fiscal year is November - October.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Oct 1, 2023	Oct 2, 2022	Sep 26, 2021	Sep 27, 2020	Sep 29, 2019
Cash & Equivalents	365	601	780	366	279	393
Cash & Short-Term Investments	365	601	780	366	279	393
Cash Growth	-27.58%	-22.95%	113.11%	31.18%	-29.01%	8.26%
Accounts Receivable	682	510	792	564	458	590
Other Receivables	3	52	55	7	19	11
Receivables	685	562	847	571	477	601
Inventory	835	777	780	841	673	709
Prepaid Expenses	-	100	93	139	126	128
Other Current Assets	11	14	299	14	9	3
Total Current Assets	1,896	2,054	2,799	1,931	1,564	1,834
Property, Plant & Equipment	3,642	3,443	3,163	3,912	3,623	3,512
Long-Term Investments	14	14	13	18	19	41
Goodwill	-	54	53	57	54	7
Other Intangible Assets	108	34	36	53	59	47
Long-Term Deferred Tax Assets	84	75	46	59	59	106
Other Long-Term Assets	123	94	104	143	66	68
Total Assets	5,867	5,796	6,229	6,186	5,455	5,623
Accounts Payable	987	566	693	699	467	596
Accrued Expenses	-	242	275	312	208	243
Current Portion of Long-Term Debt	131	266	171	132	270	181
Current Portion of Leases	22	30	18	24	24	-
Current Income Taxes Payable	54	29	25	8	11	51
Other Current Liabilities	31	183	342	134	143	143
Total Current Liabilities	1,225	1,316	1,524	1,309	1,123	1,214
Long-Term Debt	1,479	1,329	1,688	2,068	1,870	1,715
Long-Term Leases	73	61	66	94	81	-
Long-Term Unearned Revenue	-	-	-	4	5	1
Long-Term Deferred Tax Liabilities	412	394	361	345	304	328
Other Long-Term Liabilities	-	53	52	69	76	55
Total Liabilities	3,438	3,351	3,871	4,216	3,823	3,675
Common Stock	767	30	31	38	32	36
Additional Paid-In Capital	-	649	697	839	678	766
Retained Earnings	1,819	1,972	1,811	1,234	1,131	1,295
Comprensive Income & Other	-157	-206	-181	-141	-209	-149
Shareholders' Equity	2,429	2,445	2,358	1,970	1,632	1,948
Total Liabilities & Equity	5,867	5,796	6,229	6,186	5,455	5,623
Total Debt	1,705	1,686	1,943	2,318	2,245	1,896
Net Cash (Debt)	-1,340	-1,085	-1,163	-1,952	-1,966	-1,503
Net Cash Per Share	-2.34	-1.79	-1.93	-3.53	-3.59	-2.75
Filing Date Shares Outstanding	599.4	558.85	565.23	561.52	546.1	542.78
Total Common Shares Outstanding	599.4	558.85	565.23	561.52	546.1	542.78
Working Capital	671	738	1,275	622	441	620
Book Value Per Share	4.05	4.38	4.17	3.51	2.99	3.59
Tangible Book Value	2,321	2,357	2,269	1,860	1,519	1,894
Tangible Book Value Per Share	3.87	4.22	4.01	3.31	2.78	3.49
Land	-	1,480	1,122	1,436	1,391	1,348
Machinery	-	7,532	6,617	8,472	7,955	7,685
Construction In Progress	-	309	180	-	-	-

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