Environmental Tectonics Corporation (ETCC)

Environmental Tectonics Balance Sheet

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Nov 22, 2024	Feb 23, 2024	Feb 24, 2023	Feb 25, 2022	Feb 26, 2021	Feb 28, 2020
Cash & Equivalents	0.18	0.04	0.56	0.43	0.96	0.68
Cash & Short-Term Investments	0.18	0.04	0.56	0.43	0.96	0.68
Cash Growth	72.38%	-93.38%	30.91%	-55.57%	41.95%	-86.62%
Receivables	30.35	19.64	7.53	8.36	16.91	25.4
Inventory	1.84	1.88	1.96	2.71	1.71	1.88
Prepaid Expenses	3.5	6.99	5.47	6.92	0.78	1.23
Restricted Cash	7.05	8.41	9.08	6.63	7.3	8.41
Total Current Assets	42.92	36.96	24.59	25.05	27.66	37.6
Property, Plant & Equipment	6.26	6.96	8.06	9.19	10.27	10.95
Other Intangible Assets	0.01	0.02	0.05	0.05	0.05	0.1
Long-Term Deferred Tax Assets	-	-	-	0.27	0.14	0.16
Total Assets	49.2	43.94	32.69	34.55	38.11	48.82
Accounts Payable	5.24	4.71	2.58	2.29	2.23	5.35
Accrued Expenses	8.48	8.71	8.56	10.18	10.7	10.02
Current Portion of Long-Term Debt	16.39	0.71	0.12	-	-	-
Current Portion of Leases	0.88	0.82	0.76	0.49	0.52	0.19
Current Income Taxes Payable	0.19	0.27	0.33	0.11	0.27	0.52
Current Unearned Revenue	9.61	13	7.13	5.39	3.91	3.56
Total Current Liabilities	40.8	28.22	19.48	18.46	17.63	19.63
Long-Term Debt	0.37	12.08	10.02	13.36	19.43	20.08
Long-Term Leases	1.6	2.01	2.01	0.22	0.28	0.23
Other Long-Term Liabilities	0.72	0.7	1.74	0.93	0.84	0.86
Total Liabilities	43.49	43.01	33.24	32.96	38.18	40.79
Common Stock	12.6	12.6	12.6	12.6	12.6	12.6
Additional Paid-In Capital	5.62	5.93	6.41	6.86	7.26	7.66
Retained Earnings	-11.53	-16.98	-18.8	-17.24	-19.05	-11.56
Comprehensive Income & Other	-0.99	-0.61	-0.8	-0.7	-0.97	-0.89
Total Common Equity	5.7	0.94	-0.59	1.51	-0.16	7.81
Minority Interest	-	-	0.04	0.08	0.09	0.21
Shareholders' Equity	5.7	0.94	-0.55	1.6	-0.08	8.02
Total Liabilities & Equity	49.2	43.94	32.69	34.55	38.11	48.82
Total Debt	19.24	15.61	12.91	14.07	20.23	20.49
Net Cash (Debt)	-19.06	-15.58	-12.35	-13.64	-19.27	-19.82
Net Cash Per Share	-1.16	-1.00	-0.79	-0.88	-1.24	-1.27
Filing Date Shares Outstanding	15.57	15.57	15.57	15.57	15.57	15.57
Total Common Shares Outstanding	15.57	15.57	15.57	15.57	15.57	15.57
Working Capital	2.12	8.74	5.11	6.59	10.03	17.98
Book Value Per Share	0.37	0.06	-0.04	0.10	-0.01	0.50
Tangible Book Value	5.69	0.91	-0.63	1.47	-0.21	7.71
Tangible Book Value Per Share	0.37	0.06	-0.04	0.09	-0.01	0.50
Land	-	-	-	0.1	0.1	0.1
Buildings	-	-	-	3.85	7.05	7.05
Machinery	-	27.18	29.62	29.61	29.59	29.62
Construction In Progress	-	-	0.63	0.63	0.58	0.54
Order Backlog	-	108.92	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.