TT Electronics plc (TTGPF)

TT Electronics Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	65.1	74.1	65	68.3	70.2	69.8
Cash & Short-Term Investments	65.1	74.1	65	68.3	70.2	69.8
Cash Growth	-13.66%	14.00%	-4.83%	-2.71%	0.57%	71.92%
Accounts Receivable	99	74.4	104.4	72.9	58.2	66.4
Other Receivables	2	9.7	8.9	9.6	11.8	11.7
Receivables	101	84.1	113.3	82.5	70	78.1
Inventory	148.4	143.5	189.2	141.8	98.2	100.1
Prepaid Expenses	-	8.1	8.1	6.3	4.3	4.8
Other Current Assets	2.3	53.2	3.1	4	5.8	0.5
Total Current Assets	316.8	363	378.7	302.9	248.5	253.3
Property, Plant & Equipment	74.7	77.1	74.4	70	65.4	63.9
Goodwill	141.3	140.8	155.1	156.5	155.7	136.1
Other Intangible Assets	31.1	27.8	44.6	43.7	50.1	43.1
Long-Term Deferred Tax Assets	15.4	15.4	13.2	11.3	8.9	8.1
Long-Term Deferred Charges	-	4.9	9.1	8	7	8.2
Other Long-Term Assets	24.1	26.1	32.1	79	37.2	21.6
Total Assets	603.4	655.1	707.2	671.4	572.8	534.3
Accounts Payable	121.1	68.5	97	77.7	51.1	50.9
Accrued Expenses	-	27.4	27.9	26.4	21	24.3
Short-Term Debt	0.1	1.2	3.7	1.1	1.2	9.6
Current Portion of Long-Term Debt	-	-	-	-	1.1	-
Current Portion of Leases	3.7	3.8	4.4	4.1	3.6	3.8
Current Income Taxes Payable	9.5	13.6	13.7	11.1	12.2	13
Current Unearned Revenue	-	21	31.3	16.1	3.8	11.6
Other Current Liabilities	5.6	41	20	13.5	17.3	16.5
Total Current Liabilities	140	176.5	198	150	111.3	129.7
Long-Term Debt	174.7	181.9	176.6	147.1	135.9	111.7
Long-Term Leases	13.6	14.4	18.7	18.5	12.3	13.8
Long-Term Deferred Tax Liabilities	4.3	7	12.4	20.2	8.6	4.6
Other Long-Term Liabilities	2.4	1.7	1.6	1.7	1.8	1.9
Total Liabilities	336.5	384.6	410.2	341.4	274.8	266.3
Common Stock	44.4	44.3	44.1	44.1	43.6	41
Additional Paid-In Capital	24.3	24	22.9	22.6	21.7	4.1
Retained Earnings	149.2	149.6	167.6	221	195.2	187.4
Comprehensive Income & Other	49	52.6	62.4	40.3	35.5	33.5
Total Common Equity	266.9	270.5	297	328	296	266
Minority Interest	-	-	-	2	2	2
Shareholders' Equity	266.9	270.5	297	330	298	268
Total Liabilities & Equity	603.4	655.1	707.2	671.4	572.8	534.3
Total Debt	192.1	201.3	203.4	170.8	154.1	138.9
Net Cash (Debt)	-127	-127.2	-138.4	-102.5	-83.9	-69.1
Net Cash Per Share	-0.72	-0.72	-0.79	-0.58	-0.50	-0.42
Filing Date Shares Outstanding	176.7	176.92	176.01	175.18	174.43	163.03
Total Common Shares Outstanding	176.7	176.92	176.01	175.18	174.43	163.03
Working Capital	176.8	186.5	180.7	152.9	137.2	123.6
Book Value Per Share	1.51	1.53	1.69	1.87	1.70	1.63
Tangible Book Value	94.5	101.9	97.3	127.8	90.2	86.8
Tangible Book Value Per Share	0.53	0.58	0.55	0.73	0.52	0.53
Land	-	25.9	27.6	24.2	29.7	28.2
Machinery	-	155	171.8	171.8	177	179.8

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