Able Global Berhad (KLSE: ABLEGLOB)

Able Global Berhad Balance Sheet

Financials in millions MYR. 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	132.99	113.14	58.19	80.29	94.29	68.61
Short-Term Investments	-	23.36	2.49	33.07	8.11	8.75
Cash & Short-Term Investments	132.99	136.5	60.68	113.36	102.4	77.36
Cash Growth	39.35%	124.96%	-46.47%	10.70%	32.37%	10.72%
Accounts Receivable	121.37	96.06	75.88	90.98	92.52	100.06
Other Receivables	4.96	1.6	12.33	3.7	2.99	2.3
Receivables	126.33	97.66	88.21	94.68	95.51	102.36
Inventory	324.32	345.88	350.61	155.32	100.41	102.87
Prepaid Expenses	-	0.14	0.64	0.12	1.38	0.06
Other Current Assets	-	3.16	3.2	2.81	7.9	2.98
Total Current Assets	583.64	583.34	503.35	366.28	307.6	285.64
Property, Plant & Equipment	174.35	176.88	185.25	132.99	125.8	129.53
Long-Term Investments	26.46	27.29	21.35	21.47	25.19	26.49
Goodwill	10.65	10.65	10.65	10.65	10.65	10.65
Other Intangible Assets	0.02	0.02	0.02	0.02	0.02	0.02
Other Long-Term Assets	4.88	4.4	-	-	1.12	1.15
Total Assets	800	802.57	720.61	531.4	470.37	453.48
Accounts Payable	19.33	33.79	34.11	35.83	33.8	35.66
Accrued Expenses	0.3	11.71	10.49	8.62	11.09	9.16
Short-Term Debt	86.97	108.44	88.48	86.96	41.04	45.49
Current Portion of Long-Term Debt	3.89	3.89	4.1	0.68	0.66	0.63
Current Portion of Leases	1.32	1.19	1.27	1.43	1.47	1
Current Income Taxes Payable	8.48	1.35	0.15	0.86	1.34	1.51
Other Current Liabilities	49.92	32.19	9.81	8.68	15.19	8.96
Total Current Liabilities	170.19	192.56	148.42	143.06	104.59	102.42
Long-Term Debt	155.27	157.22	160.78	0.22	0.91	1.22
Long-Term Leases	1.39	1.74	0.68	0.57	0.91	1.12
Long-Term Deferred Tax Liabilities	7.78	8.2	7.58	6.4	6.08	6.89
Total Liabilities	334.98	360.06	317.8	150.61	112.86	112.01
Common Stock	176.82	176.82	176.82	176.82	176.82	176.82
Retained Earnings	283.65	262.73	227.79	208.24	184.86	163.29
Treasury Stock	-4.25	-4.25	-4.25	-4.25	-4.25	-
Comprensive Income & Other	6.73	5.32	1.01	-1.23	-1.37	0.26
Total Common Equity	462.95	440.62	401.37	379.57	356.06	340.36
Minority Interest	2.07	1.89	1.44	1.22	1.45	1.11
Shareholders' Equity	465.02	442.51	402.81	380.79	357.51	341.47
Total Liabilities & Equity	800	802.57	720.61	531.4	470.37	453.48
Total Debt	248.83	272.47	255.31	89.86	44.99	49.47
Net Cash (Debt)	-115.84	-135.97	-194.63	23.5	57.41	27.89
Net Cash Growth	-	-	-	-59.07%	105.84%	-25.55%
Net Cash Per Share	-0.38	-0.44	-0.63	0.08	0.19	0.09
Filing Date Shares Outstanding	307.56	307.56	307.56	307.56	307.56	310.47
Total Common Shares Outstanding	307.56	307.56	307.56	307.56	307.56	310.47
Working Capital	413.45	390.78	354.94	223.22	203.01	183.22
Book Value Per Share	1.51	1.43	1.30	1.23	1.16	1.10
Tangible Book Value	452.28	429.95	390.7	368.9	345.39	329.69
Tangible Book Value Per Share	1.47	1.40	1.27	1.20	1.12	1.06
Land	-	74.69	76.88	21.36	21.36	21.36
Buildings	-	59.43	59.34	44.72	44.72	44.7
Machinery	-	155.35	159.02	136.79	135.34	134.23
Construction In Progress	-	1.62	2.82	35.79	21.61	17.27

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