Red Star Express Plc (NGX:REDSTAREX)

Red Star Express Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	754.03	1,119	589.14	460.34	954.97	1,825
Cash & Short-Term Investments	754.03	1,119	589.14	460.34	954.97	1,825
Cash Growth	21.39%	89.99%	27.98%	-51.79%	-47.68%	249.43%
Accounts Receivable	2,804	2,416	2,612	2,369	2,074	2,282
Other Receivables	1,697	-	16.42	33.26	1,118	0.99
Receivables	4,501	2,483	2,697	2,480	3,192	2,283
Inventory	106.83	70.64	98.03	91.71	66.54	51.65
Prepaid Expenses	163.43	184.37	183.08	78.57	275.26	114.75
Other Current Assets	-0	1,751	1,333	1,308	-	1,101
Total Current Assets	5,525	5,608	4,899	4,419	4,489	5,376
Property, Plant & Equipment	3,527	3,355	3,330	3,035	2,834	1,689
Long-Term Investments	2.17	2.17	0.87	1.7	2.33	0.4
Other Intangible Assets	138.25	9.97	25.75	45.35	45.23	61.29
Other Long-Term Assets	348.91	268.77	401.94	251.47	168.34	201
Total Assets	9,542	9,244	8,658	7,752	7,539	7,328
Accounts Payable	1,282	1,145	1,852	1,092	763.37	858.48
Accrued Expenses	-	2,119	1,032	1,311	1,193	1,010
Short-Term Debt	-	-	-	-	-	44.25
Current Portion of Long-Term Debt	166.66	262.43	138.42	104.57	104.57	-
Current Portion of Leases	49.17	27.05	27.38	21.5	123.64	122.48
Current Income Taxes Payable	173.1	124.48	204.26	227.53	176.23	332.14
Other Current Liabilities	2,819	440.56	308.6	319.96	358.25	275.1
Total Current Liabilities	4,490	4,118	3,563	3,076	2,719	2,643
Long-Term Debt	-	167.38	183.18	274.77	379.81	-
Long-Term Leases	26.47	47.66	55.14	68.47	56.79	126.89
Long-Term Deferred Tax Liabilities	236.61	236.61	278.75	139.42	150.18	181.92
Total Liabilities	4,753	4,570	4,080	3,559	3,306	2,951
Common Stock	477.21	477.21	477.21	477.21	463.18	463.18
Additional Paid-In Capital	1,516	1,516	1,516	1,516	1,437	1,437
Retained Earnings	2,794	2,679	2,585	2,200	2,331	2,476
Comprehensive Income & Other	1.64	1.64	0.33	1.16	1.79	-0.14
Shareholders' Equity	4,789	4,674	4,578	4,194	4,233	4,376
Total Liabilities & Equity	9,542	9,244	8,658	7,752	7,539	7,328
Total Debt	242.3	504.52	404.13	469.31	664.81	293.61
Net Cash (Debt)	511.73	614.78	185.01	-8.97	290.16	1,532
Net Cash Growth	34.30%	232.29%	-	-	-81.05%	284.80%
Net Cash Per Share	0.54	0.64	0.19	-0.01	0.30	2.21
Filing Date Shares Outstanding	954.42	954.42	954.42	954.45	954.42	954.42
Total Common Shares Outstanding	954.42	954.42	954.42	954.45	954.42	954.42
Working Capital	1,035	1,490	1,337	1,343	1,770	2,734
Book Value Per Share	5.02	4.90	4.80	4.39	4.44	4.59
Tangible Book Value	4,651	4,664	4,552	4,148	4,188	4,315
Tangible Book Value Per Share	4.87	4.89	4.77	4.35	4.39	4.52
Land	554.13	554.13	554.13	553.73	519.11	439.28
Buildings	677.44	536.67	536.67	532.56	511.17	482.6
Machinery	4,667	4,499	4,113	3,779	3,393	2,382
Construction In Progress	1,063	1,044	909.46	458.23	255.19	46.83

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