Southern Steel Berhad (KLSE: SSTEEL)

Southern Steel Berhad Balance Sheet

Financials in millions MYR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	102.61	86.74	119.32	67.33	133.01	219.43
Short-Term Investments	-	2	2.12	1.34	1.52	1.51
Cash & Short-Term Investments	102.61	88.75	121.44	68.68	134.53	220.94
Cash Growth	6.34%	-26.92%	76.83%	-48.95%	-39.11%	388.51%
Accounts Receivable	145.15	157.46	133.88	152.37	36.64	97.94
Other Receivables	2.33	6.07	7.13	16.82	11.71	27.31
Receivables	147.47	163.53	141.02	169.19	48.35	420.25
Inventory	293.54	359.8	408.16	568.06	562.61	406.02
Prepaid Expenses	-	4.37	3.5	2.02	3.2	3.09
Other Current Assets	193.13	193.27	193.13	247.29	454.11	369.39
Total Current Assets	736.75	809.71	867.24	1,055	1,203	1,420
Property, Plant & Equipment	810.23	820.74	862.63	716.77	758.88	886.66
Long-Term Investments	12.77	12.92	13.25	15.31	13.7	12.27
Goodwill	30.26	30.26	30.26	30.26	30.26	30.26
Long-Term Deferred Tax Assets	27.44	26.76	21.26	42.23	36.45	32.64
Other Long-Term Assets	2.26	47.77	42.97	7.65	16.53	19.94
Total Assets	1,763	1,846	1,927	1,989	2,354	2,401
Accounts Payable	149.77	88.77	89.1	141.42	190.39	109.27
Accrued Expenses	0.99	48.37	87.09	79.16	42.77	65.77
Short-Term Debt	-	650.56	588.56	500.93	533.37	968.71
Current Portion of Long-Term Debt	692.18	78	37.5	105.75	28.25	102.9
Current Portion of Leases	0.95	1.37	2.14	2.04	3.7	5.41
Current Income Taxes Payable	-	-	0.02	2.07	0.02	0.02
Current Unearned Revenue	193.13	193.13	193.13	193.13	369.38	369.38
Other Current Liabilities	-	12	17.19	25.73	20.64	13.62
Total Current Liabilities	1,037	1,072	1,015	1,050	1,189	1,635
Long-Term Debt	123.9	143.9	221.9	244.4	354.88	-
Long-Term Leases	7.32	7.46	8.83	10.97	21.93	25.62
Long-Term Unearned Revenue	1.6	1.79	1.83	3.34	6.09	7.51
Long-Term Deferred Tax Liabilities	18.16	18.27	20.74	15.67	24.27	24.98
Total Liabilities	1,216	1,272	1,295	1,352	1,622	1,723
Common Stock	641.01	641.01	641.01	641.01	641.01	641.01
Retained Earnings	-530.83	-505.03	-451.15	-331.64	-243.69	-296.51
Treasury Stock	-0.04	-0.04	-0.04	-	-	-
Comprehensive Income & Other	431.04	432.41	435.38	320.77	327.96	327.39
Total Common Equity	541.18	568.34	625.2	630.14	725.28	671.89
Minority Interest	6.02	6.13	6.13	6.77	6.76	6.38
Shareholders' Equity	547.2	574.47	631.33	636.9	732.04	678.27
Total Liabilities & Equity	1,763	1,846	1,927	1,989	2,354	2,401
Total Debt	824.35	881.29	858.93	864.09	942.12	1,103
Net Cash (Debt)	-721.75	-792.54	-737.49	-795.42	-807.59	-881.7
Net Cash Per Share	-1.21	-1.33	-1.24	-1.33	-1.35	-1.75
Filing Date Shares Outstanding	596.23	596.23	596.31	596.31	596.31	596.31
Total Common Shares Outstanding	596.23	596.23	596.31	596.31	596.31	596.31
Working Capital	-300.28	-262.49	-147.49	5.01	14.29	-215.39
Book Value Per Share	0.91	0.95	1.05	1.06	1.22	1.13
Tangible Book Value	510.92	538.09	594.95	599.88	695.03	641.63
Tangible Book Value Per Share	0.86	0.90	1.00	1.01	1.17	1.08
Land	-	114.56	114.56	94.56	94.56	94.56
Buildings	-	432.89	431.63	431.31	431.31	459.95
Machinery	-	1,546	1,546	1,534	1,531	1,517
Construction In Progress	-	0.09	1.67	9.47	0.8	10.66

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