Enphase Energy, Inc. (LON:0QYE)

Enphase Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	369.11	288.75	473.24	119.32	679.38
Short-Term Investments	1,253	1,406	1,140	897.34	-
Cash & Short-Term Investments	1,623	1,695	1,613	1,017	679.38
Cash Growth	-4.27%	5.10%	58.64%	49.64%	170.23%
Accounts Receivable	265.75	486.2	473.03	357.13	200.04
Other Receivables	10.1	7.6	2.2	2.1	-
Receivables	275.85	493.8	475.23	359.23	200.04
Inventory	165	213.6	149.71	74.4	41.76
Prepaid Expenses	73.73	41.09	26.49	12.18	11.88
Restricted Cash	95.01	-	-	-	-
Other Current Assets	94.9	-	-	-	-
Total Current Assets	2,327	2,444	2,264	1,462	933.06
Property, Plant & Equipment	149.53	162.93	113.55	83.99	55.87
Long-Term Investments	64.83	79.86	56.78	41.04	5
Goodwill	211.57	214.56	213.56	181.25	24.78
Other Intangible Assets	65	93.74	118.74	110.36	33.61
Long-Term Accounts Receivable	110.95	124.19	100.99	69.58	51.99
Long-Term Deferred Tax Assets	315.57	252.37	204.87	122.47	92.9
Other Long-Term Assets	5.14	11.85	11.52	8.1	2.89
Total Assets	3,250	3,383	3,084	2,079	1,200
Accounts Payable	90.03	116.16	125.09	113.77	72.61
Accrued Expenses	141.53	212.09	247.23	126.78	66.5
Current Portion of Long-Term Debt	101.29	-	90.89	86.05	325.97
Current Portion of Leases	5.82	5.22	5.37	3.83	4.54
Current Income Taxes Payable	3.54	8.53	16.15	0.34	-
Current Unearned Revenue	237.23	118.3	90.75	62.67	47.67
Other Current Liabilities	80.66	72.14	62.75	46.36	16.76
Total Current Liabilities	660.09	532.45	638.22	439.8	534.04
Long-Term Debt	1,201	1,294	1,199	951.59	4.9
Long-Term Leases	23.04	18.8	19.08	11.92	15.21
Long-Term Unearned Revenue	341.98	369.17	281.61	187.19	125.47
Other Long-Term Liabilities	190.45	185.23	120.33	58.59	36.49
Total Liabilities	2,417	2,399	2,259	1,649	716.11
Common Stock	0	0	0	0	0
Additional Paid-In Capital	1,085	939.34	819.12	837.92	534.74
Retained Earnings	-245.21	46.27	17.34	-405.74	-51.19
Comprehensive Income & Other	-6.35	-1.99	-10.88	-2.02	0.43
Shareholders' Equity	833.02	983.62	825.57	430.17	483.99
Total Liabilities & Equity	3,250	3,383	3,084	2,079	1,200
Total Debt	1,331	1,318	1,315	1,053	350.62
Net Cash (Debt)	291.35	377.27	298.04	-36.75	328.76
Net Cash Growth	-22.77%	26.59%	-	-	146.90%
Net Cash Per Share	2.08	2.63	2.06	-0.26	2.32
Filing Date Shares Outstanding	132.47	135.76	136.5	133.94	129.02
Total Common Shares Outstanding	132.45	135.72	136.44	133.89	128.96
Working Capital	1,667	1,911	1,626	1,023	399.02
Book Value Per Share	6.29	7.25	6.05	3.21	3.75
Tangible Book Value	556.45	675.33	493.27	138.56	425.6
Tangible Book Value Per Share	4.20	4.98	3.62	1.03	3.30
Land	-	-	0.11	0.11	-
Buildings	19.05	17.06	15.88	12.55	9.02
Machinery	217.88	197.26	125.08	104.42	68.92
Construction In Progress	19.31	29.75	31.73	14.33	9.75

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