Ascend Wellness Holdings, Inc. (AAWH)

Ascend Wellness Holdings 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	65.28	72.51	74.15	155.48	56.55	10.56
Short-Term Investments	3.97	9.3	3.17	5.18	4.02	0.36
Cash & Short-Term Investments	69.25	81.81	77.32	160.66	60.57	10.92
Cash Growth	-3.67%	5.81%	-51.88%	165.25%	454.86%	32.75%
Accounts Receivable	38.78	28.3	14.1	7.61	6.23	0.22
Receivables	40.54	41.58	17.69	12.27	14.64	9.42
Inventory	97.39	95.29	97.53	65.59	29	15.39
Prepaid Expenses	5.93	7.27	4.77	7.51	2.31	1.63
Restricted Cash	-	-	-	-	1.55	2.25
Other Current Assets	0.47	2.9	1.44	11.99	26.12	17.77
Total Current Assets	213.58	228.86	198.74	258.01	134.18	57.38
Property, Plant & Equipment	402.27	398.64	388.67	343.61	205.18	113.88
Goodwill	49.6	47.54	44.37	42.97	22.8	0.81
Other Intangible Assets	212.19	221.45	221.09	59.27	50.46	19.56
Long-Term Deferred Tax Assets	-	-	-	-	2.4	1.11
Other Long-Term Assets	10.64	19.21	15.27	15.39	8.41	3.2
Total Assets	895.87	919.55	872.16	723.44	427.75	195.93
Accounts Payable	29.35	34.69	17.07	5.54	7.36	9.15
Accrued Expenses	16.04	21.31	8.65	11.95	10.49	3.44
Current Portion of Long-Term Debt	73.19	10.65	11.12	27.94	59.33	0.41
Current Portion of Leases	5.67	4.16	2.84	2.67	2.13	0.66
Current Income Taxes Payable	0.75	-	34.68	36.18	18.28	1.78
Current Unearned Revenue	1.57	1.32	0.67	0.52	0.22	-
Other Current Liabilities	18.56	20.57	35.92	32.61	17.49	0.61
Total Current Liabilities	145.13	92.69	110.95	117.4	115.29	16.05
Long-Term Debt	231.39	296.37	318.6	230.85	152.28	81.4
Long-Term Leases	268.19	262.28	230.51	197.3	156.4	63.64
Long-Term Deferred Tax Liabilities	25.57	35.75	33.61	1.42	-	-
Other Long-Term Liabilities	136.69	89.6	15.08	-	-	-
Total Liabilities	806.96	776.68	708.75	546.96	423.96	161.09
Common Stock	0.22	0.21	0.19	0.17	-	-
Additional Paid-In Capital	471.44	458.03	430.38	362.56	67.38	71.95
Retained Earnings	-383.57	-315.36	-267.15	-186.25	-63.59	-38.15
Total Common Equity	88.09	142.87	163.42	176.48	3.79	33.79
Minority Interest	0.82	-	-	-	-	1.05
Shareholders' Equity	88.91	142.87	163.42	176.48	3.79	34.84
Total Liabilities & Equity	895.87	919.55	872.16	723.44	427.75	195.93
Total Debt	578.44	573.46	563.08	458.75	370.14	146.12
Net Cash (Debt)	-509.19	-491.65	-485.76	-298.09	-309.57	-135.2
Net Cash Per Share	-2.42	-2.47	-2.65	-1.99	-3.25	-1.55
Filing Date Shares Outstanding	214.43	209.49	188.83	173.37	212.17	179.64
Total Common Shares Outstanding	214.41	206.88	188.06	171.59	212.17	179.64
Working Capital	68.45	136.17	87.79	140.62	18.89	41.33
Book Value Per Share	0.41	0.69	0.87	1.03	0.02	0.19
Tangible Book Value	-173.7	-126.12	-102.05	74.24	-69.47	13.43
Tangible Book Value Per Share	-0.81	-0.61	-0.54	0.43	-0.33	0.07
Land	5.78	5.24	6.51	1.3	0.89	0.43
Buildings	83.7	72.2	71.95	45.66	38.56	25.32
Machinery	75.83	71.47	63.97	49.06	28.55	12.43
Construction In Progress	3.33	6.51	9.63	60.99	25.14	28.9
Leasehold Improvements	202.34	192.81	174.1	103.98	33.93	13.91

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