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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	145.47	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	145.47	136.5	60.68	113.36	102.4	77.36
Cash Growth	30.66%	124.96%	-46.47%	10.70%	32.37%	10.72%
Accounts Receivable	126.71	96.06	75.88	90.98	92.52	100.06
Other Receivables	6.66	1.6	12.33	3.7	2.99	2.3
Receivables	133.37	97.66	88.21	94.68	95.51	102.36
Inventory	326.98	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	605.83	583.34	503.35	366.28	307.6	285.64
Property, Plant & Equipment	172.91	176.88	185.25	132.99	125.8	129.53
Long-Term Investments	18.58	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	812.86	802.57	720.61	531.4	470.37	453.48
Accounts Payable	36.64	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	91.63	108.44	88.48	86.96	41.04	45.49
Current Portion of Long-Term Debt	6	3.89	4.1	0.68	0.66	0.63
Current Portion of Leases	2.27	1.19	1.27	1.43	1.47	1
Current Income Taxes Payable	8.72	1.35	0.15	0.86	1.34	1.51
Other Current Liabilities	37.2	32.19	9.81	8.68	15.19	8.96
Total Current Liabilities	182.76	192.56	148.42	143.06	104.59	102.42
Long-Term Debt	152.19	157.22	160.78	0.22	0.91	1.22
Long-Term Leases	0.13	1.74	0.68	0.57	0.91	1.12
Long-Term Deferred Tax Liabilities	7.45	8.2	7.58	6.4	6.08	6.89
Total Liabilities	342.88	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	295.24	262.73	227.79	208.24	184.86	163.29
Treasury Stock	-4.25	-4.25	-4.25	-4.25	-4.25	-
Comprehensive Income & Other	-0.21	5.32	1.01	-1.23	-1.37	0.26
Total Common Equity	467.6	440.62	401.37	379.57	356.06	340.36
Minority Interest	2.38	1.89	1.44	1.22	1.45	1.11
Shareholders' Equity	469.98	442.51	402.81	380.79	357.51	341.47
Total Liabilities & Equity	812.86	802.57	720.61	531.4	470.37	453.48
Total Debt	252.22	272.47	255.31	89.86	44.99	49.47
Net Cash (Debt)	-106.75	-135.97	-194.63	23.5	57.41	27.89
Net Cash Growth	-	-	-	-59.07%	105.84%	-25.55%
Net Cash Per Share	-0.35	-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	423.07	390.78	354.94	223.22	203.01	183.22
Book Value Per Share	1.52	1.43	1.30	1.23	1.16	1.10
Tangible Book Value	456.93	429.95	390.7	368.9	345.39	329.69
Tangible Book Value Per Share	1.49	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.