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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	50.33	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	50.43	71.83	49.2	42.53	25.79	84.38
Cash Growth	-26.89%	46.00%	15.68%	64.92%	-69.44%	123.13%
Accounts Receivable	17.65	9.96	26.35	43.67	74.81	55.63
Other Receivables	2.13	4.26	3.62	4.1	10.17	2.97
Receivables	19.78	14.23	29.98	47.77	84.98	58.61
Inventory	79.62	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	149.82	178.93	183.31	208.24	258.08	334.62
Property, Plant & Equipment	75.77	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	6.48	8.1	8.66	10.17	9.37	5.76
Other Long-Term Assets	132.34	126.87	84.67	85.9	85.01	86.24
Total Assets	386.29	323.33	284.34	314.31	366.68	441.81
Accounts Payable	21.33	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	3.83	3.83	3.66	3.47	3.35	4.25
Current Portion of Leases	0.05	0.12	0.46	0.47	0.29	0.4
Current Income Taxes Payable	0.34	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	25.55	25.77	18.3	42.55	86.41	105.51
Long-Term Debt	84.66	43.07	12.52	15.34	18.17	56.38
Long-Term Leases	0.07	-	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	114.75	72.84	34.97	62.16	111.14	169.13
Common Stock	175.08	152.42	152.42	152.42	152.42	152.42
Retained Earnings	97.34	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	271.87	250.49	249.37	252.15	255.69	261.67
Minority Interest	-0.34	-	-	-	-0.15	11.01
Shareholders' Equity	271.54	250.49	249.37	252.15	255.54	272.67
Total Liabilities & Equity	386.29	323.33	284.34	314.31	366.68	441.81
Total Debt	88.6	47.01	16.76	19.87	24.82	110.52
Net Cash (Debt)	-38.18	24.82	32.44	22.67	0.97	-26.14
Net Cash Growth	-	-23.48%	43.11%	2240.24%	-	-
Net Cash Per Share	-0.13	0.08	0.11	0.08	0.00	-0.09
Filing Date Shares Outstanding	305.87	297.55	301.59	301.59	300.98	283.27
Total Common Shares Outstanding	305.87	301.59	301.59	301.59	300.98	287.14
Working Capital	124.28	153.16	165.01	165.69	171.67	229.1
Book Value Per Share	0.89	0.83	0.83	0.84	0.85	0.91
Tangible Book Value	250	250.49	249.37	252.15	255.69	261.55
Tangible Book Value Per Share	0.82	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.