REC Silicon ASA (OSL: RECSI)

REC Silicon ASA Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	37.6	170.9	105.3	110.5	134.9	29.4
Cash & Short-Term Investments	37.6	170.9	105.3	110.5	134.9	29.4
Cash Growth	150.67%	62.30%	-4.71%	-18.09%	358.84%	-7.55%
Accounts Receivable	12.7	22	16.8	22.8	20.2	23.2
Other Receivables	-	-	0.1	1.4	1.7	2.6
Receivables	12.7	22	16.9	24.2	21.9	25.8
Inventory	61.8	58.5	38.3	33.1	41.3	47.7
Prepaid Expenses	8	8.7	6.3	5.4	5.6	6
Restricted Cash	0.6	0.6	0.8	4.4	4.5	4.4
Other Current Assets	0.1	-	-0.1	-	-	0.1
Total Current Assets	120.8	260.7	167.5	177.6	208.2	113.4
Property, Plant & Equipment	334.2	290.9	151.3	116.3	131.1	154
Long-Term Investments	-	-	-	-	1.1	18
Other Intangible Assets	0.8	0.8	1	0.9	1	1.1
Other Long-Term Assets	0.3	0.5	0.1	0.1	-	4.1
Total Assets	456.1	552.9	319.9	294.9	341.4	290.6
Accounts Payable	57.7	41.4	31.8	10.1	8	9
Accrued Expenses	-	17.8	11.7	13.5	12.6	41.3
Current Portion of Long-Term Debt	30.9	30.9	111	11.3	29.8	22.4
Current Portion of Leases	8.3	7.5	2.8	2.6	2.1	7
Current Income Taxes Payable	-	-	-	-	-	24.3
Current Unearned Revenue	-	-	-	-	-	4.1
Other Current Liabilities	5.8	7.2	3	6	7.1	7.7
Total Current Liabilities	102.7	104.8	160.3	43.5	59.6	115.8
Long-Term Debt	253	253	4.2	115.2	118	109
Long-Term Leases	59.1	62.4	65.8	67.9	69.7	41.6
Long-Term Unearned Revenue	-	-	-	-	-	0.5
Other Long-Term Liabilities	49.9	49.3	20.6	21.6	16.2	3.4
Total Liabilities	471	476.5	259.5	261.6	282.4	289.8
Common Stock	59.2	59.2	59.2	53.7	53.7	43.5
Additional Paid-In Capital	2,969	2,969	2,969	2,865	2,865	2,769
Retained Earnings	-3,616	-3,525	-3,556	-3,473	-3,447	-3,399
Comprensive Income & Other	573.2	573.3	588.7	587.8	587.8	587.7
Shareholders' Equity	-14.9	76.4	60.4	33.3	59	0.8
Total Liabilities & Equity	456.1	552.9	319.9	294.9	341.4	290.6
Total Debt	351.3	353.8	183.8	197	219.6	180
Net Cash (Debt)	-313.7	-182.9	-78.5	-86.5	-84.7	-150.6
Net Cash Per Share	-0.74	-0.43	-0.19	-0.23	-0.29	-0.56
Filing Date Shares Outstanding	422.5	420.63	420.63	420.63	372.41	279.82
Total Common Shares Outstanding	422.5	420.63	420.63	372.41	372.41	279.82
Working Capital	18.1	155.9	7.2	134.1	148.6	-2.4
Book Value Per Share	-0.04	0.18	0.14	0.09	0.16	0.00
Tangible Book Value	-15.7	75.6	59.4	32.4	58	-0.3
Tangible Book Value Per Share	-0.04	0.18	0.14	0.09	0.16	-0.00
Land	145.5	145.4	140.9	140.9	140.9	140.9
Machinery	2,193	2,180	2,161	2,157	2,150	2,142
Construction In Progress	262.1	230	104	69	62.7	60.4

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