Solar Integrated Roofing Corporation (SIRC)

Solar Integrated Roofing Balance Sheet

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

Fiscal Year	TTM	FY 2021	FY 2020	FY 2020	FY 2019	FY 2018
Period Ending	Sep 30, 2022	Dec 31, 2021	Dec 31, 2020	Feb 29, 2020	Feb 28, 2019	Feb 28, 2018
Cash & Equivalents	0.48	1.12	0.71	0.64	0.08	0.02
Cash & Short-Term Investments	0.48	1.12	0.71	0.64	0.08	0.02
Cash Growth	-32.38%	58.37%	10.96%	727.08%	268.64%	-77.98%
Accounts Receivable	82.49	36.89	1.42	0.88	0.23	0.27
Other Receivables	0.15	0.12	-	-	-	-
Receivables	86.83	41.22	1.42	0.88	0.23	0.27
Inventory	0.15	0.14	0.24	0.04	-	-
Prepaid Expenses	0.13	0.59	0.11	0.07	0.02	-
Other Current Assets	-	0.03	-	-	-	0.01
Total Current Assets	87.59	43.1	2.48	1.63	0.33	0.31
Property, Plant & Equipment	3.89	2.77	2.17	2.69	0.18	0.18
Goodwill	62.05	58.4	3.87	2.91	-	-
Other Intangible Assets	0.12	0.21	-	-	-	-
Other Long-Term Assets	0.03	0.06	-	-	-	0.01
Total Assets	153.69	104.53	8.51	7.23	0.51	0.5
Accounts Payable	8.52	7.98	2.31	2.09	0.65	0.29
Accrued Expenses	1.52	1.16	0.8	1.43	0.12	-
Short-Term Debt	13.08	26.09	2.97	3.01	0.42	-0.01
Current Portion of Long-Term Debt	21.96	5.11	1.29	0.23	0.24	0.63
Current Portion of Leases	0.5	0.12	0.16	0.14	-	-
Other Current Liabilities	11.26	11.52	2.05	1.64	1.21	0.37
Total Current Liabilities	56.84	51.98	9.57	8.54	2.64	1.28
Long-Term Debt	2.27	2.43	0.33	-	-	0.23
Long-Term Leases	2.38	1.53	1.64	1.77	-	-
Total Liabilities	61.5	55.94	11.54	10.31	2.64	1.52
Common Stock	0.01	0	0	0	0	0
Additional Paid-In Capital	59.57	74.09	11.81	7.15	3.51	2.62
Retained Earnings	30.38	-0.77	-14.84	-10.23	-5.64	-3.65
Comprehensive Income & Other	2.65	-24.66	-	-	-	-
Total Common Equity	92.61	48.66	-3.03	-3.08	-2.13	-1.02
Minority Interest	-0.42	-0.06	-	-	-	-
Shareholders' Equity	92.19	48.6	-3.02	-3.08	-2.13	-1.02
Total Liabilities & Equity	153.69	104.53	8.51	7.23	0.51	0.5
Total Debt	40.2	35.27	6.39	5.15	0.66	0.85
Net Cash (Debt)	-39.72	-34.15	-5.68	-4.51	-0.58	-0.83
Net Cash Per Share	-10.39	-10.82	-5.30	-5.36	-0.90	-1.09
Filing Date Shares Outstanding	4.17	3.02	1.07	1.03	0.6	0.47
Total Common Shares Outstanding	3.62	3.02	1.07	1.03	0.6	0.76
Working Capital	30.75	-8.88	-7.09	-6.91	-2.31	-0.98
Book Value Per Share	25.59	16.09	-2.83	-2.99	-3.53	-1.35
Tangible Book Value	30.44	-9.95	-6.89	-5.98	-2.13	-1.02
Tangible Book Value Per Share	8.41	-3.29	-6.44	-5.83	-3.53	-1.35
Machinery	2.91	3.17	2.05	1.81	0.33	0.29
Leasehold Improvements	0.01	0.04	0.01	0.01	-	-
Order Backlog	-	-	-	1.27	-	-

Updated Nov 21, 2022. Source: S&P Global Market Intelligence. Standard template. Financial Sources.