QinetiQ Group plc (QNTQY)

QinetiQ Group Balance Sheet

Financials in millions GBP. Fiscal year is April - March.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	230.3	290.6	231	151.2	248.1	190.1
Cash & Short-Term Investments	230.3	290.6	231	151.2	248.1	190.1
Cash Growth	21.47%	25.80%	52.78%	-39.06%	30.51%	79.68%
Accounts Receivable	360.7	303.4	351.1	373	300.2	281.6
Other Receivables	2	49.7	63.9	47.3	40.2	8.5
Receivables	362.7	353.1	415	420.3	340.4	290.1
Inventory	75.1	70.7	89.2	68.8	54.9	54.4
Prepaid Expenses	-	36.9	47.6	36.3	34.2	37.3
Other Current Assets	3.2	4.9	6.2	5.7	0.6	0.9
Total Current Assets	671.3	756.2	789	682.3	678.2	572.8
Property, Plant & Equipment	454.9	473.3	531.8	477.8	414.5	397.2
Long-Term Investments	1.7	2.1	2.2	1.4	2.6	5.1
Goodwill	233.3	249.8	401.4	409	149.4	145.5
Other Intangible Assets	265.6	265.6	294.8	328	127.6	121.7
Long-Term Deferred Tax Assets	12.8	10.7	36.7	32.6	21	11.7
Long-Term Deferred Charges	0.9	29.3	28.1	16	13.2	12.2
Other Long-Term Assets	48.8	41.4	22.2	125	362.2	214.3
Total Assets	1,689	1,828	2,106	2,072	1,769	1,481
Accounts Payable	540	152.1	175.9	135.9	76.1	77.3
Accrued Expenses	-	238.4	232.2	222.4	216.1	177.1
Current Portion of Long-Term Debt	1.2	1.8	1.1	0.6	1.4	0.1
Current Portion of Leases	13.7	13.3	8.1	7.6	5.5	6.9
Current Income Taxes Payable	0.1	3.6	6.6	4.6	5.9	2.5
Current Unearned Revenue	-	207	212.6	216.9	182.5	157.3
Other Current Liabilities	51.7	56.2	49.3	19.7	21.1	4.2
Total Current Liabilities	606.7	672.4	685.8	607.7	508.6	425.4
Long-Term Debt	333.1	336	336.7	338.1	0.6	0.9
Long-Term Leases	68.4	80.6	47.4	23.7	16.6	19.8
Long-Term Unearned Revenue	-	6.4	10.2	14	15.2	36.3
Long-Term Deferred Tax Liabilities	104.8	101	94.4	112	156.7	89.7
Other Long-Term Liabilities	17.5	5.5	5.6	8.3	29.6	23.5
Total Liabilities	1,131	1,202	1,180	1,104	727.3	595.6
Common Stock	5.4	5.5	5.7	5.8	5.8	5.7
Additional Paid-In Capital	147.6	147.6	147.6	147.6	147.6	147.6
Retained Earnings	402.2	456.8	742.3	772	845	693.8
Comprehensive Income & Other	3.6	16.6	30.5	42.9	42.8	37.5
Total Common Equity	558.8	626.5	926.1	968.3	1,041	884.6
Minority Interest	-	-	-	-	0.2	0.3
Shareholders' Equity	558.8	626.5	926.1	968.3	1,041	884.9
Total Liabilities & Equity	1,689	1,828	2,106	2,072	1,769	1,481
Total Debt	416.4	431.7	393.3	370	24.1	27.7
Net Cash (Debt)	-186.1	-141.1	-162.3	-218.8	224	162.4
Net Cash Growth	-	-	-	-	37.93%	110.91%
Net Cash Per Share	-0.34	-0.25	-0.28	-0.38	0.39	0.28
Filing Date Shares Outstanding	541.9	551.82	573.53	574.55	571.94	569.24
Total Common Shares Outstanding	541.9	551.82	573.53	574.55	571.94	569.24
Working Capital	64.6	83.8	103.2	74.6	169.6	147.4
Book Value Per Share	1.03	1.14	1.61	1.69	1.82	1.55
Tangible Book Value	59.9	111.1	229.9	231.3	764.2	617.4
Tangible Book Value Per Share	0.11	0.20	0.40	0.40	1.34	1.08
Land	-	169.9	375.7	365.7	350.6	353.8
Machinery	-	500.9	465.3	433.6	377.3	330.8
Construction In Progress	-	129.4	142.3	115.5	94.5	76.9
Order Backlog	-	2,845	2,873	3,070	2,829	2,944

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