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	Jun 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	823.39	1,119	589.14	460.34	954.97	1,825
Cash & Short-Term Investments	823.39	1,119	589.14	460.34	954.97	1,825
Cash Growth	-3.63%	89.99%	27.98%	-51.79%	-47.68%	249.43%
Accounts Receivable	2,675	2,416	2,612	2,369	2,074	2,282
Other Receivables	1,902	-97.94	16.42	33.26	1,118	0.99
Receivables	4,577	2,385	2,697	2,480	3,192	2,283
Inventory	71.78	70.64	98.03	91.71	66.54	51.65
Prepaid Expenses	138	184.37	183.08	78.57	275.26	114.75
Other Current Assets	-	1,849	1,333	1,308	-	1,101
Total Current Assets	5,611	5,608	4,899	4,419	4,489	5,376
Property, Plant & Equipment	3,455	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	7.2	9.97	25.75	45.35	45.23	61.29
Other Long-Term Assets	279.37	268.77	401.94	251.47	168.34	201
Total Assets	9,355	9,244	8,658	7,752	7,539	7,328
Accounts Payable	1,260	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	231.5	262.43	138.42	104.57	104.57	-
Current Portion of Leases	27.71	27.05	27.38	21.5	123.64	122.48
Current Income Taxes Payable	174.62	124.48	204.26	227.53	176.23	332.14
Other Current Liabilities	2,505	440.56	308.6	319.96	358.25	275.1
Total Current Liabilities	4,198	4,118	3,563	3,076	2,719	2,643
Long-Term Debt	101.24	167.38	183.18	274.77	379.81	-
Long-Term Leases	40.53	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	4,577	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	2,783	2,679	2,585	2,200	2,331	2,476
Comprensive Income & Other	1.64	1.64	0.33	1.16	1.79	-0.14
Shareholders' Equity	4,778	4,674	4,578	4,194	4,233	4,376
Total Liabilities & Equity	9,355	9,244	8,658	7,752	7,539	7,328
Total Debt	400.97	504.52	404.13	469.31	664.81	293.61
Net Cash (Debt)	422.41	614.78	185.01	-8.97	290.16	1,532
Net Cash Growth	226.56%	232.29%	-	-	-81.05%	284.80%
Net Cash Per Share	0.44	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	1,412	1,490	1,337	1,343	1,770	2,734
Book Value Per Share	5.01	4.90	4.80	4.39	4.44	4.59
Tangible Book Value	4,771	4,664	4,552	4,148	4,188	4,315
Tangible Book Value Per Share	5.00	4.89	4.77	4.35	4.39	4.52
Land	554.13	554.13	554.13	553.73	519.11	439.28
Buildings	536.67	536.67	536.67	532.56	511.17	482.6
Machinery	4,559	4,499	4,113	3,779	3,393	2,382
Construction In Progress	1,206	1,044	909.46	458.23	255.19	46.83

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