Nascon Allied Industries Plc (NGX: NASCON)

Nascon Allied Industries Balance Sheet

Financials in millions NGN. 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	28,332	25,613	13,006	7,044	2,600	3,661
Short-Term Investments	-	725.31	695.83	658.16	667.51	590.35
Cash & Short-Term Investments	28,332	26,338	13,702	7,702	3,268	4,251
Cash Growth	20.61%	92.22%	77.90%	135.69%	-23.13%	40.70%
Accounts Receivable	39,576	24,818	11,103	9,137	12,886	10,351
Other Receivables	3,860	1,778	304.57	302.66	452.12	177.76
Receivables	43,903	26,628	11,453	9,485	13,362	10,543
Inventory	17,614	11,173	8,266	4,292	5,159	4,429
Prepaid Expenses	41.39	105.5	11.3	9.68	10.77	8.34
Other Current Assets	4,801	3,125	5,734	1,131	2,110	622.71
Total Current Assets	94,692	67,370	39,167	22,620	23,911	19,854
Property, Plant & Equipment	16,668	16,222	16,364	17,901	20,398	18,815
Total Assets	111,359	83,592	55,531	40,521	44,309	38,669
Accounts Payable	37,169	23,243	13,823	5,490	14,695	8,891
Accrued Expenses	6,284	4,573	2,208	1,396	550.81	583.43
Current Portion of Long-Term Debt	3,311	5,494	4,793	-	-	-
Current Portion of Leases	314.64	297.21	301.03	500.85	136.59	465.15
Current Income Taxes Payable	4,524	6,596	3,119	1,353	787.18	918.16
Current Unearned Revenue	14,390	6,341	2,099	4,274	1,500	1,772
Other Current Liabilities	2,697	3,116	4,146	7,203	7,852	6,112
Total Current Liabilities	68,688	49,660	30,490	20,218	25,522	18,742
Long-Term Debt	38.57	38.57	38.57	38.57	38.57	3,339
Long-Term Leases	3,677	3,894	3,701	3,139	3,432	3,257
Long-Term Deferred Tax Liabilities	2,405	2,405	2,126	2,356	2,444	2,083
Total Liabilities	74,931	56,120	36,488	25,891	31,589	27,580
Common Stock	1,351	1,325	1,325	1,325	1,325	1,325
Additional Paid-In Capital	434.04	434.04	434.04	434.04	434.04	434.04
Retained Earnings	34,643	25,713	17,284	12,872	10,961	9,331
Shareholders' Equity	36,428	27,472	19,042	14,631	12,720	11,089
Total Liabilities & Equity	111,359	83,592	55,531	40,521	44,309	38,669
Total Debt	7,341	9,724	8,834	3,679	3,607	7,061
Net Cash (Debt)	20,991	16,615	4,868	4,023	-339.35	-2,810
Net Cash Growth	58.15%	241.28%	21.00%	-	-	-
Net Cash Per Share	7.77	6.15	1.80	1.49	-0.13	-1.04
Filing Date Shares Outstanding	2,702	2,702	2,702	2,702	2,702	2,702
Total Common Shares Outstanding	2,702	2,702	2,702	2,702	2,702	2,702
Working Capital	26,003	17,710	8,678	2,402	-1,611	1,112
Book Value Per Share	13.48	10.17	7.05	5.41	4.71	4.10
Tangible Book Value	36,428	27,472	19,042	14,631	12,720	11,089
Tangible Book Value Per Share	13.48	10.17	7.05	5.41	4.71	4.10
Land	70	70	70	70	70	70
Buildings	4,195	4,164	3,816	3,689	1,462	1,415
Machinery	20,321	18,579	18,483	20,296	18,875	15,568
Construction In Progress	298.51	124.07	113.91	600.58	7,178	6,274

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