Global Tax Free Co., Ltd. (KOSDAQ: 204620)

Global Tax Free 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	84,896	48,823	58,102	38,962	44,356	74,991
Short-Term Investments	-	6,600	8,288	-	-	-
Trading Asset Securities	12,764	13,198	4,906	19,904	-	-
Cash & Short-Term Investments	97,660	68,621	71,296	58,866	44,356	74,991
Cash Growth	43.52%	-3.75%	21.12%	32.71%	-40.85%	-6.23%
Accounts Receivable	550.55	676.23	3,548	6,967	991.26	-
Other Receivables	33,895	41,445	15,740	2,216	2,324	24,617
Receivables	34,446	44,122	20,788	9,185	3,322	24,622
Inventory	1,478	1,438	1,655	1,439	2,089	-
Prepaid Expenses	128.91	122.35	117.96	143.17	321.08	299.6
Other Current Assets	2,259	5,343	3,407	2,181	2,112	1,806
Total Current Assets	135,971	119,646	97,265	71,814	52,200	101,719
Property, Plant & Equipment	2,152	1,399	1,452	2,910	4,714	7,861
Long-Term Investments	24,112	25,164	24,584	25,089	31,067	5,767
Goodwill	4,921	7,070	7,647	11,174	9,898	3,287
Other Intangible Assets	3,479	3,489	7,293	9,596	7,257	5,956
Long-Term Deferred Tax Assets	1,918	2,737	-	15.59	-	-
Other Long-Term Assets	5,936	7,426	7,118	9,389	1,332	1,947
Total Assets	178,489	166,932	145,359	129,987	106,469	126,536
Accounts Payable	-	24,739	13,454	-	-	-
Accrued Expenses	4,202	4,168	2,366	2,676	2,046	3,811
Short-Term Debt	5,240	7,736	7,858	11,716	7,401	-
Current Portion of Leases	651.41	750.24	971.09	1,121	1,437	3,223
Current Income Taxes Payable	1,879	1,026	351.62	465.2	3.2	1,782
Current Unearned Revenue	3,066	2,832	2,257	2,015	32.06	-
Other Current Liabilities	30,555	11,000	5,839	19,851	9,455	11,727
Total Current Liabilities	45,593	52,252	33,095	37,844	20,374	20,543
Long-Term Debt	-	653.21	1,406	-	-	17,919
Long-Term Leases	346.32	467.6	538.66	1,476	1,263	1,888
Long-Term Unearned Revenue	1,069	1,361	-	-	-	-
Long-Term Deferred Tax Liabilities	138.26	260.18	1,210	2,157	1,475	756.8
Other Long-Term Liabilities	3,465	3,344	3,503	1,131	2,557	11,585
Total Liabilities	50,612	58,337	39,753	42,609	25,670	53,634
Common Stock	30,558	28,024	26,630	24,368	19,398	18,627
Additional Paid-In Capital	114,775	95,715	84,583	72,196	57,149	53,627
Retained Earnings	-31,450	-32,018	-23,323	-12,129	13,766	19,271
Treasury Stock	-4,005	-5.24	-5.24	-2,765	-15,881	-15,881
Comprehensive Income & Other	-1,661	-2,230	-1,069	-5,732	-3,691	-2,883
Total Common Equity	108,216	89,485	86,815	75,938	70,742	72,761
Minority Interest	19,661	19,110	18,792	11,440	10,058	141.69
Shareholders' Equity	127,878	108,595	105,607	87,378	80,799	72,903
Total Liabilities & Equity	178,489	166,932	145,359	129,987	106,469	126,536
Total Debt	6,238	9,607	10,773	14,313	10,101	23,030
Net Cash (Debt)	91,422	59,014	60,523	44,552	34,255	51,961
Net Cash Growth	61.40%	-2.49%	35.85%	30.06%	-34.08%	-19.48%
Net Cash Per Share	1602.78	1067.86	1186.43	956.83	941.77	1209.86
Filing Date Shares Outstanding	61.12	56.05	54.88	48.35	37.05	35.51
Total Common Shares Outstanding	61.12	56.05	53.26	48.35	37.05	35.51
Working Capital	90,378	67,395	64,169	33,970	31,826	81,176
Book Value Per Share	1770.69	1596.62	1630.06	1570.58	1909.12	2048.82
Tangible Book Value	99,816	78,926	71,874	55,169	53,586	63,518
Tangible Book Value Per Share	1633.25	1408.23	1349.53	1141.02	1446.13	1788.56
Land	70.77	70.77	70.77	688.38	-	-
Buildings	109.72	109.72	109.72	752.24	-	-
Machinery	8,137	7,361	7,275	6,847	7,275	7,157

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