Polaris AI Corp. (KOSDAQ: 039980)

Polaris AI 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	1,773	17,338	20,749	28,173	14,754	23,658
Short-Term Investments	9,601	33,691	24,859	6,595	3,688	4,416
Trading Asset Securities	46,163	504.58	560.07	1,836	6,064	20,974
Cash & Short-Term Investments	57,537	51,533	46,168	36,604	24,506	49,048
Cash Growth	16.51%	11.62%	26.13%	49.37%	-50.04%	47.69%
Accounts Receivable	3,379	2,807	5,374	3,551	2,715	3,839
Other Receivables	-	587.71	310.66	217.24	56.72	393.11
Receivables	3,379	3,894	5,685	3,768	2,772	4,233
Inventory	17,084	20,319	27,346	38,497	39,576	46,501
Prepaid Expenses	-	36.92	93.53	109.66	308.73	148.04
Other Current Assets	4,106	423.78	989.33	563.38	8,457	848.29
Total Current Assets	82,106	76,207	80,281	79,543	75,619	100,778
Property, Plant & Equipment	3,628	2,572	2,290	2,453	1,873	2,304
Long-Term Investments	22,759	9,633	11,132	5,713	5,844	4,906
Goodwill	-	1,622	-	-	-	-
Other Intangible Assets	2,565	2,827	2,068	2,114	1,227	1,120
Long-Term Deferred Tax Assets	2,099	2,193	2,168	1,900	2,050	2,560
Other Long-Term Assets	1,128	488.26	401.57	345.82	285.38	245.18
Total Assets	114,286	95,542	98,340	92,069	86,899	111,913
Accounts Payable	3,121	6,620	4,919	2,510	1,943	12,351
Accrued Expenses	246.93	1,361	351.28	391.96	313.28	616.63
Short-Term Debt	9,151	6,672	17,293	8,865	5,170	10,991
Current Portion of Leases	634.92	394.38	320.5	282.79	251.39	404.93
Current Unearned Revenue	24.04	-	-	52.47	-	-
Other Current Liabilities	4,837	3,879	4,448	2,464	8,470	11,652
Total Current Liabilities	18,015	18,927	27,332	14,566	16,147	36,016
Long-Term Debt	-	-	-	3,748	-	-
Long-Term Leases	2,324	1,187	1,159	1,180	568.53	224.85
Other Long-Term Liabilities	176.38	1,471	87.12	773.12	704.18	716.13
Total Liabilities	20,515	22,140	28,578	20,267	17,420	36,957
Common Stock	36,076	24,881	22,857	21,788	20,770	19,801
Additional Paid-In Capital	29,009	18,786	17,773	17,391	16,424	16,424
Retained Earnings	30,698	30,709	29,816	33,740	33,761	40,480
Treasury Stock	-2,286	-2,286	-2,286	-2,282	-2,278	-2,276
Comprehensive Income & Other	273.72	1,748	1,602	1,165	801.89	526.72
Total Common Equity	93,771	73,839	69,762	71,802	69,479	74,956
Minority Interest	-	-436.69	-	-	-	-
Shareholders' Equity	93,771	73,402	69,762	71,802	69,479	74,956
Total Liabilities & Equity	114,286	95,542	98,340	92,069	86,899	111,913
Total Debt	12,109	8,254	18,772	14,077	5,990	11,621
Net Cash (Debt)	45,428	43,280	27,395	22,528	18,516	37,427
Net Cash Growth	34.10%	57.98%	21.61%	21.66%	-50.53%	38.33%
Net Cash Per Share	748.84	953.40	610.40	464.00	412.50	833.78
Filing Date Shares Outstanding	71.32	50.77	44.88	42.75	42.75	42.75
Total Common Shares Outstanding	71.32	48.93	44.88	44.88	44.89	42.75
Working Capital	64,092	57,280	52,949	64,977	59,472	64,762
Book Value Per Share	1314.80	1509.11	1554.40	1599.74	1547.87	1753.25
Tangible Book Value	91,206	69,391	67,694	69,688	68,252	73,836
Tangible Book Value Per Share	1278.83	1418.20	1508.32	1552.63	1520.53	1727.05
Machinery	1,137	4,316	1,159	1,305	1,089	1,477
Construction In Progress	91.81	44.14	13.2	-	-	-

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