QinetiQ Group plc (LON: QQ)

QinetiQ Group Balance Sheet

Financials in millions GBP. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	189.6	231	151.2	248.1	190.1	105.8
Cash & Short-Term Investments	189.6	231	151.2	248.1	190.1	105.8
Cash Growth	82.31%	52.78%	-39.06%	30.51%	79.68%	-44.55%
Accounts Receivable	420.4	351.1	373	300.2	281.6	208.8
Other Receivables	4.9	63.9	47.3	40.2	8.5	11.5
Receivables	425.3	415	420.3	340.4	290.1	220.3
Inventory	92.9	89.2	68.8	54.9	54.4	52.3
Prepaid Expenses	-	47.6	36.3	34.2	37.3	29.9
Other Current Assets	104.1	6.2	5.7	0.6	0.9	6.7
Total Current Assets	811.9	789	682.3	678.2	572.8	415
Property, Plant & Equipment	454.2	531.8	477.8	414.5	397.2	375.6
Long-Term Investments	2.5	2.2	1.4	2.6	5.1	3.6
Goodwill	382.2	401.4	409	149.4	145.5	180.8
Other Intangible Assets	301.2	294.8	328	127.6	121.7	133.1
Long-Term Deferred Tax Assets	35.7	36.7	32.6	21	11.7	13.3
Long-Term Deferred Charges	1.7	28.1	16	13.2	12.2	6.7
Other Long-Term Assets	32.6	22.2	125	362.2	214.3	309.8
Total Assets	2,022	2,106	2,072	1,769	1,481	1,438
Accounts Payable	574	175.9	135.9	76.1	77.3	65
Accrued Expenses	-	232.2	222.4	216.1	177.1	170.9
Current Portion of Long-Term Debt	2.3	1.1	0.6	1.4	0.1	0.3
Current Portion of Leases	9	8.1	7.6	5.5	6.9	8.6
Current Income Taxes Payable	-	6.6	4.6	5.9	2.5	4.1
Current Unearned Revenue	-	212.6	216.9	182.5	157.3	143.9
Other Current Liabilities	15.6	49.3	19.7	21.1	4.2	1.8
Total Current Liabilities	600.9	685.8	607.7	508.6	425.4	394.6
Long-Term Debt	333.3	336.7	338.1	0.6	0.9	0.6
Long-Term Leases	44.8	47.4	23.7	16.6	19.8	19.3
Long-Term Unearned Revenue	-	10.2	14	15.2	36.3	2.7
Long-Term Deferred Tax Liabilities	97.3	94.4	112	156.7	89.7	101.3
Other Long-Term Liabilities	17.7	5.6	8.3	29.6	23.5	32.3
Total Liabilities	1,094	1,180	1,104	727.3	595.6	550.8
Common Stock	5.6	5.7	5.8	5.8	5.7	5.7
Additional Paid-In Capital	147.6	147.6	147.6	147.6	147.6	147.6
Retained Earnings	777.9	742.3	772	845	693.8	681.9
Comprehensive Income & Other	-3.1	30.5	42.9	42.8	37.5	49.5
Total Common Equity	928	926.1	968.3	1,041	884.6	884.7
Minority Interest	-	-	-	0.2	0.3	2.4
Shareholders' Equity	928	926.1	968.3	1,041	884.9	887.1
Total Liabilities & Equity	2,022	2,106	2,072	1,769	1,481	1,438
Total Debt	389.4	393.3	370	24.1	27.7	28.8
Net Cash (Debt)	-199.8	-162.3	-218.8	224	162.4	77
Net Cash Growth	-	-	-	37.93%	110.91%	-52.02%
Net Cash Per Share	-0.34	-0.28	-0.38	0.39	0.28	0.13
Filing Date Shares Outstanding	569.1	573.53	574.55	571.94	569.24	565.63
Total Common Shares Outstanding	569.1	573.53	574.55	571.94	569.24	565.63
Working Capital	211	103.2	74.6	169.6	147.4	20.4
Book Value Per Share	1.63	1.61	1.69	1.82	1.55	1.56
Tangible Book Value	244.6	229.9	231.3	764.2	617.4	570.8
Tangible Book Value Per Share	0.43	0.40	0.40	1.34	1.08	1.01
Land	-	375.7	365.7	350.6	353.8	325.6
Machinery	-	465.3	433.6	377.3	330.8	334.7
Construction In Progress	-	142.3	115.5	94.5	76.9	84.6
Order Backlog	-	2,873	3,070	2,829	2,944	3,105

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