Morgan Advanced Materials plc (LON: MGAM)

Morgan Advanced Materials Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	116.6	124.5	117.7	127.3	147.8	132.8
Cash & Short-Term Investments	116.6	124.5	117.7	127.3	147.8	132.8
Cash Growth	-15.20%	5.78%	-7.54%	-13.87%	11.30%	96.45%
Accounts Receivable	176	160.3	171.6	139.8	124.9	163
Other Receivables	33.5	16.9	16.4	13	20.3	20.3
Receivables	209.5	177.2	188	152.8	145.2	183.3
Inventory	182.2	175.1	174.2	140.7	122.4	142.3
Prepaid Expenses	-	15.6	14.8	9.2	-	-
Other Current Assets	0.3	1.5	1.3	0.6	1	1.5
Total Current Assets	508.6	493.9	496	430.6	416.4	459.9
Property, Plant & Equipment	344.6	325.4	316.8	280	303.1	366.3
Long-Term Investments	1	2.2	-	-	7.2	6.5
Goodwill	177.2	177.5	181.9	172.9	173.2	175.1
Other Intangible Assets	3.8	4.7	7.1	10.2	12.2	29.7
Long-Term Accounts Receivable	2	0.3	-	-	4	5.7
Long-Term Deferred Tax Assets	17.2	17.6	15.3	15.9	14.4	6
Other Long-Term Assets	-	3.1	3.2	2.9	-	-
Total Assets	1,054	1,025	1,020	912.5	930.5	1,049
Accounts Payable	187.2	78.1	78.6	61.8	62.3	84.3
Accrued Expenses	-	90.5	89.5	83	-	-
Short-Term Debt	1.6	0.6	1.5	-	-	64.1
Current Portion of Long-Term Debt	-	-	34.6	-	71.3	49.3
Current Portion of Leases	8.9	10.5	10.5	9.8	11.5	11.7
Current Income Taxes Payable	24.7	25.6	30.3	25.4	20.4	26.9
Current Unearned Revenue	-	8.6	8.9	12.2	10	6.1
Other Current Liabilities	9.8	25.6	29.5	35.6	104.2	92.4
Total Current Liabilities	232.2	239.5	283.4	227.8	279.7	334.8
Long-Term Debt	337.3	309.1	230.1	174	177.5	176.7
Long-Term Leases	39.3	36.6	41.4	40	43.1	52.6
Long-Term Deferred Tax Liabilities	2.4	1.8	2	1.2	0.5	4.9
Other Long-Term Liabilities	12.9	13.9	18.2	17.2	13.4	11.7
Total Liabilities	642.1	626.1	590.7	562.9	690.5	737.5
Common Stock	71.3	71.3	71.3	71.3	71.3	71.3
Additional Paid-In Capital	111.7	111.7	111.7	111.7	111.7	111.7
Retained Earnings	191.2	170.8	170.9	109.1	0.6	64.7
Comprehensive Income & Other	0.5	6.5	35.1	18.5	18.7	22.5
Total Common Equity	374.7	360.3	389	310.6	202.3	270.2
Minority Interest	37.6	38.3	40.6	39	37.7	41.5
Shareholders' Equity	412.3	398.6	429.6	349.6	240	311.7
Total Liabilities & Equity	1,054	1,025	1,020	912.5	930.5	1,049
Total Debt	387.1	356.8	318.1	223.8	303.4	354.4
Net Cash (Debt)	-270.5	-232.3	-200.4	-96.5	-155.6	-221.6
Net Cash Per Share	-0.94	-0.81	-0.70	-0.34	-0.54	-0.77
Filing Date Shares Outstanding	284.4	284.56	284.2	284.01	284.53	284.12
Total Common Shares Outstanding	284.4	284.56	284.2	284.01	284.53	284.12
Working Capital	276.4	254.4	212.6	202.8	136.7	125.1
Book Value Per Share	1.32	1.27	1.37	1.09	0.71	0.95
Tangible Book Value	193.7	178.1	200	127.5	16.9	65.4
Tangible Book Value Per Share	0.68	0.63	0.70	0.45	0.06	0.23
Land	224.6	216.1	219.2	199.8	215.2	215.4
Machinery	785.8	777.4	770.2	677.2	678.2	686

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