Korea Ratings Co., Ltd. (KOSDAQ: 034950)

Korea Ratings Balance Sheet

Financials in millions KRW. 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	107,557	102,773	110,886	114,454	102,978	15,017
Short-Term Investments	-	-	-	-	1,000	105,600
Cash & Short-Term Investments	107,557	102,773	110,886	114,454	103,978	120,617
Cash Growth	12.46%	-7.32%	-3.12%	10.08%	-13.80%	26.81%
Accounts Receivable	9,730	4,999	5,938	7,209	5,929	6,985
Other Receivables	82.74	146.83	249.39	82.22	155.61	748.74
Receivables	11,126	6,053	6,844	7,801	6,515	8,188
Prepaid Expenses	447.73	202.8	139.7	222.69	236.06	550.53
Other Current Assets	133.49	97.69	95.92	77.21	66.36	178.12
Total Current Assets	119,265	109,127	117,966	122,555	110,795	129,534
Property, Plant & Equipment	5,317	5,912	2,635	3,634	5,045	7,547
Long-Term Investments	23,966	23,966	20,747	12,173	15,661	9,845
Goodwill	684.81	684.81	684.81	684.81	684.81	684.81
Other Intangible Assets	1,895	3,409	7,138	10,202	7,196	1,216
Long-Term Deferred Tax Assets	567.49	669.59	690.61	534.71	411.1	214.87
Long-Term Deferred Charges	0.04	0.04	0.04	23.33	204.82	480.86
Other Long-Term Assets	6,698	6,255	7,487	7,908	7,764	7,782
Total Assets	163,512	155,099	161,311	161,338	150,611	160,337
Accounts Payable	0.15	0.18	0.22	0.35	-	-
Accrued Expenses	11,064	9,819	9,674	12,965	12,087	11,851
Current Portion of Leases	666.2	592.61	344.23	656.57	701.38	676.89
Current Income Taxes Payable	3,882	2,691	6,383	7,076	6,459	5,876
Other Current Liabilities	13,492	12,473	11,183	11,640	9,895	9,996
Total Current Liabilities	29,104	25,576	27,585	32,338	29,142	28,401
Long-Term Leases	1,342	1,699	123.2	191.09	790.03	1,172
Long-Term Deferred Tax Liabilities	138.6	197.06	-	1,786	2,604	1,500
Other Long-Term Liabilities	7,338	6,623	6,370	6,421	5,817	4,839
Total Liabilities	37,922	34,096	34,078	40,736	38,353	35,911
Common Stock	24,453	24,453	24,453	24,453	24,453	24,453
Additional Paid-In Capital	16,236	16,236	16,236	16,236	16,236	16,236
Retained Earnings	67,579	63,662	72,188	66,901	57,608	75,648
Treasury Stock	-2,298	-2,298	-2,298	-2,298	-2,298	-2,298
Comprehensive Income & Other	4,293	4,293	1,747	-5,108	-2,387	-6,926
Total Common Equity	110,263	106,346	112,326	100,184	93,611	107,113
Minority Interest	15,327	14,656	14,907	20,418	18,646	17,313
Shareholders' Equity	125,590	121,002	127,233	120,602	112,258	124,426
Total Liabilities & Equity	163,512	155,099	161,311	161,338	150,611	160,337
Total Debt	2,008	2,292	467.44	847.66	1,491	1,849
Net Cash (Debt)	105,550	100,481	110,419	113,606	102,486	118,769
Net Cash Growth	13.27%	-9.00%	-2.81%	10.85%	-13.71%	24.86%
Net Cash Per Share	23661.21	22525.06	24752.76	25467.20	22974.49	26624.52
Filing Date Shares Outstanding	4.46	4.46	4.46	4.46	4.46	4.46
Total Common Shares Outstanding	4.46	4.46	4.46	4.46	4.46	4.46
Working Capital	90,161	83,551	90,381	90,217	81,653	101,134
Book Value Per Share	24717.82	23839.83	25180.34	22458.45	20985.02	24011.75
Tangible Book Value	107,683	102,252	104,504	89,297	85,730	105,213
Tangible Book Value Per Share	24139.50	22922.07	23426.77	20017.86	19218.26	23585.65
Land	636.66	636.66	636.66	636.66	636.66	636.66
Buildings	2,103	2,103	2,103	2,103	2,103	2,103
Machinery	4,019	4,001	4,051	4,679	6,647	8,425
Construction In Progress	-	-	-	-	-	1,690

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