Skygate Solutions Berhad (KLSE: SKYGATE)

Skygate Solutions 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	59.04	65.2	41.32	23.14	8.02	68.21
Short-Term Investments	0.09	6.63	7.88	19.4	17.77	16.18
Cash & Short-Term Investments	59.14	71.83	49.2	42.53	25.79	84.38
Cash Growth	-19.23%	46.00%	15.68%	64.92%	-69.44%	123.13%
Accounts Receivable	23.36	9.96	26.35	43.67	74.81	55.63
Other Receivables	4.48	4.26	3.62	4.1	10.17	2.97
Receivables	27.84	14.23	29.98	47.77	84.98	58.61
Inventory	81.5	92.07	103.92	117.61	143.06	147.5
Prepaid Expenses	-	0.26	0.21	0.33	0.27	0.17
Other Current Assets	-	0.54	-	-	3.98	43.95
Total Current Assets	168.47	178.93	183.31	208.24	258.08	334.62
Property, Plant & Equipment	18.99	9.43	7.54	10	14.21	15.07
Long-Term Investments	-	-	-	-	-	0
Other Intangible Assets	-	-	-	-	-	0.12
Long-Term Accounts Receivable	-	-	0.15	-	-	-
Long-Term Deferred Tax Assets	8.1	8.1	8.66	10.17	9.37	5.76
Other Long-Term Assets	133.27	126.87	84.67	85.9	85.01	86.24
Total Assets	343.98	323.33	284.34	314.31	366.68	441.81
Accounts Payable	46.18	1.72	2.16	14.53	13.97	14.9
Accrued Expenses	-	9.54	7.96	12.22	40.52	11.79
Short-Term Debt	-	-	-	-	-	46.82
Current Portion of Long-Term Debt	3.84	3.83	3.66	3.47	3.35	4.25
Current Portion of Leases	-	0.12	0.46	0.47	0.29	0.4
Current Income Taxes Payable	-	0.06	0.07	0.15	0.25	0.2
Current Unearned Revenue	-	9.33	2.8	5.18	-	-
Other Current Liabilities	-	1.18	1.19	6.53	28.02	27.15
Total Current Liabilities	50.02	25.77	18.3	42.55	86.41	105.51
Long-Term Debt	41.46	43.07	12.52	15.34	18.17	56.38
Long-Term Leases	-	-	0.12	0.58	3.01	2.67
Long-Term Deferred Tax Liabilities	3.18	2.72	2.53	2.43	2.38	3.34
Other Long-Term Liabilities	1.29	1.29	1.5	1.26	1.18	1.23
Total Liabilities	95.96	72.84	34.97	62.16	111.14	169.13
Common Stock	152.42	152.42	152.42	152.42	152.42	152.42
Retained Earnings	96.14	94.43	124.79	120.93	124.8	139.05
Treasury Stock	-4.18	-0	-0	-0	-0.32	-8.61
Comprehensive Income & Other	3.63	3.63	-27.85	-21.2	-21.2	-21.2
Total Common Equity	248.02	250.49	249.37	252.15	255.69	261.67
Minority Interest	-0	-	-	-	-0.15	11.01
Shareholders' Equity	248.02	250.49	249.37	252.15	255.54	272.67
Total Liabilities & Equity	343.98	323.33	284.34	314.31	366.68	441.81
Total Debt	45.31	47.01	16.76	19.87	24.82	110.52
Net Cash (Debt)	13.83	24.82	32.44	22.67	0.97	-26.14
Net Cash Growth	-75.99%	-23.48%	43.11%	2240.24%	-	-
Net Cash Per Share	0.05	0.08	0.11	0.08	0.00	-0.09
Filing Date Shares Outstanding	297.55	297.55	301.59	301.59	300.98	283.27
Total Common Shares Outstanding	297.55	301.59	301.59	301.59	300.98	287.14
Working Capital	118.46	153.16	165.01	165.69	171.67	229.1
Book Value Per Share	0.83	0.83	0.83	0.84	0.85	0.91
Tangible Book Value	232.88	250.49	249.37	252.15	255.69	261.55
Tangible Book Value Per Share	0.78	0.83	0.83	0.84	0.85	0.91
Buildings	-	4.4	4.6	4.6	4.6	4.61
Machinery	-	32.74	33.84	38.87	41.61	43.23
Construction In Progress	-	0.03	-	-	-	-

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