Nigerian Aviation Handling Company Plc (NGX:NAHCO)

NGX:NAHCO Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	8,183	6,160	2,909	2,810	2,555	835.53
Short-Term Investments	-	-	-	-	355.88	485.03
Cash & Short-Term Investments	8,183	6,160	2,909	2,810	2,911	1,321
Cash Growth	41.04%	111.73%	3.52%	-3.47%	120.44%	-24.56%
Accounts Receivable	8,008	7,838	4,903	3,311	1,587	1,296
Receivables	8,008	7,838	4,903	3,311	1,587	1,296
Inventory	1,276	895.64	576.41	460.24	442.88	426.17
Prepaid Expenses	1,320	821.98	376.67	195.56	158.65	174.63
Other Current Assets	2,767	6,820	9,880	3,147	3,391	2,226
Total Current Assets	21,553	22,535	18,645	9,924	8,490	5,444
Property, Plant & Equipment	26,652	23,961	8,186	8,306	7,537	8,044
Other Intangible Assets	177.19	191.84	204.06	209.67	117.59	131.17
Other Long-Term Assets	256.47	264.91	276.16	287.43	296.45	133.31
Total Assets	48,639	46,953	27,311	18,727	16,442	13,752
Accounts Payable	1,321	5,609	3,485	1,522	2,060	1,975
Accrued Expenses	10,213	7,018	3,947	3,478	2,704	1,742
Short-Term Debt	2,066	126.43	1,527	-	-	-
Current Portion of Long-Term Debt	-	1,731	-	-	-	-
Current Portion of Leases	-	27.17	22.57	20.95	23.41	53.2
Current Income Taxes Payable	5,157	5,905	2,776	792.63	961.67	782.67
Current Unearned Revenue	1,507	333.27	578.13	1,130	1,124	57.06
Other Current Liabilities	1,233	1,057	741.13	737.2	670.11	694.93
Total Current Liabilities	21,497	21,807	13,076	7,680	7,544	5,305
Long-Term Debt	3,975	3,506	-	-	-	-
Long-Term Leases	734.91	1,105	1,122	1,143	1,164	1,192
Long-Term Deferred Tax Liabilities	477.54	459.85	985.12	878.21	715.71	805.42
Total Liabilities	26,685	26,878	15,184	9,701	9,423	7,303
Common Stock	974.53	974.53	974.53	974.53	812.11	812.11
Additional Paid-In Capital	1,752	1,752	1,752	1,752	1,915	1,915
Retained Earnings	19,198	17,315	9,400	6,369	4,377	3,836
Total Common Equity	21,925	20,041	12,127	9,096	7,103	6,563
Minority Interest	29.44	33.5	-	-69.39	-84.97	-113.4
Shareholders' Equity	21,954	20,075	12,127	9,026	7,018	6,450
Total Liabilities & Equity	48,639	46,953	27,311	18,727	16,442	13,752
Total Debt	6,776	6,496	2,672	1,164	1,187	1,245
Net Cash (Debt)	1,407	-336.05	236.7	1,646	1,724	75.29
Net Cash Growth	-	-	-85.62%	-4.50%	2189.79%	-67.55%
Net Cash Per Share	0.72	-0.17	0.12	0.84	0.88	0.04
Filing Date Shares Outstanding	1,949	1,949	1,949	1,949	1,949	1,949
Total Common Shares Outstanding	1,949	1,949	1,949	1,949	1,949	1,949
Working Capital	56.23	727.77	5,569	2,244	946.52	138.96
Book Value Per Share	11.25	10.28	6.22	4.67	3.64	3.37
Tangible Book Value	21,748	19,850	11,923	8,886	6,986	6,432
Tangible Book Value Per Share	11.16	10.18	6.12	4.56	3.58	3.30
Land	-	-	-	-	50.22	50.22
Buildings	4,124	4,124	4,105	3,373	3,380	3,346
Machinery	30,079	19,100	13,709	13,076	11,779	12,339
Construction In Progress	4,226	11,448	233.27	789.46	46.53	47.69

Source: S&P Global Market Intelligence. Standard template. Financial Sources.