Element Fleet Management Corp. (ELEEF)

Element Fleet Management Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	143.78	128.85	96.42	50.89	35.77	6.9
Trading Asset Securities	71.06	97.92	85.46	97.49	20.78	42.09
Cash & Short-Term Investments	214.84	226.77	181.88	148.38	56.56	48.99
Cash Growth	55.52%	24.68%	22.58%	162.35%	15.46%	-3.17%
Accounts Receivable	8,446	7,570	7,220	5,962	5,876	7,504
Other Receivables	248.4	202.17	202.9	159.46	161.89	178.11
Receivables	8,694	7,772	7,422	6,122	6,038	7,682
Restricted Cash	326.59	279.78	254.22	320.17	316.82	305.27
Total Current Assets	9,235	8,279	7,859	6,590	6,411	8,036
Property, Plant & Equipment	2,750	2,548	2,749	2,134	1,889	1,781
Goodwill	1,034	1,030	957.91	956.9	964.83	960.09
Other Intangible Assets	626.22	642.47	638.41	638.83	655.88	639.13
Long-Term Deferred Tax Assets	215.69	201.11	226.77	270	330.08	348.55
Total Assets	13,862	12,701	12,431	10,590	10,252	11,765
Accounts Payable	1,256	1,142	1,043	987.86	853.04	729.32
Accrued Expenses	-	87.55	67.78	47.24	42.66	37.94
Short-Term Debt	140.77	21.57	27.86	60.39	22.58	53.59
Current Portion of Long-Term Debt	-	400	127.82	-	-	-
Current Portion of Leases	2.67	5.11	-	-	-	-
Other Current Liabilities	19.38	18.5	14.19	-	-	-
Total Current Liabilities	1,419	1,674	1,281	1,095	918.27	820.85
Long-Term Debt	9,442	8,064	8,018	6,629	6,478	7,863
Long-Term Leases	84.41	85.45	82.8	47.49	57.73	66.68
Long-Term Deferred Tax Liabilities	141.52	102.86	105.1	97.92	70.57	45.34
Total Liabilities	11,086	9,926	9,487	7,870	7,525	8,796
Common Stock	2,248	2,264	2,109	2,119	2,332	2,496
Additional Paid-In Capital	-	-	-	-	-	40.64
Retained Earnings	744.4	650.4	424.65	95.53	-17.81	-50.27
Comprehensive Income & Other	-217.59	-140.14	229	235.32	7.92	81.73
Total Common Equity	2,775	2,774	2,763	2,450	2,322	2,568
Shareholders' Equity	2,775	2,774	2,944	2,720	2,727	2,970
Total Liabilities & Equity	13,862	12,701	12,431	10,590	10,252	11,765
Total Debt	9,670	8,576	8,257	6,737	6,558	7,983
Net Cash (Debt)	-9,455	-8,349	-8,075	-6,588	-6,502	-7,934
Net Cash Per Share	-23.42	-20.66	-19.93	-15.94	-14.79	-17.48
Filing Date Shares Outstanding	401.45	404.63	389.17	392.81	409.18	440.24
Total Common Shares Outstanding	401.44	404.63	389.17	392.81	409.18	440.24
Working Capital	7,817	6,605	6,578	5,495	5,493	7,216
Book Value Per Share	6.91	6.86	7.10	6.24	5.68	5.83
Tangible Book Value	1,115	1,102	1,166	854.25	701.77	968.87
Tangible Book Value Per Share	2.78	2.72	3.00	2.17	1.72	2.20
Machinery	-	46.82	42.46	62.31	62.01	59.93
Leasehold Improvements	-	22.87	20.96	12.05	13.52	13.67

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.