2U, Inc. (TWOUQ)

2U, Inc. Balance Sheet

Financials in millions USD. 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	22.62	60.69	167.52	232.93	500.63	170.59
Cash & Short-Term Investments	22.62	60.69	167.52	232.93	500.63	170.59
Cash Growth	-57.56%	-63.77%	-28.08%	-53.47%	193.46%	-64.07%
Accounts Receivable	71.34	115.94	62.83	67.29	46.28	33.66
Other Receivables	23.82	28.29	33.81	29.44	1.46	-
Receivables	95.16	144.24	96.64	96.73	47.74	33.66
Prepaid Expenses	34.81	33.83	43.09	47.22	38.28	37.42
Restricted Cash	12.27	12.71	15.06	16.98	18.24	19.28
Total Current Assets	164.86	251.46	322.31	393.85	604.88	260.95
Property, Plant & Equipment	89.12	104.22	118.22	125.49	113.52	101.04
Long-Term Investments	-	-	-	-	10	10
Goodwill	311.88	651.5	734.62	834.54	415.83	418.35
Other Intangible Assets	307.45	384.8	559.06	672.52	319.07	336.18
Long-Term Accounts Receivable	0.5	16.9	6.3	-	-	-
Long-Term Deferred Charges	1	1	0.5	0.5	-	-
Other Long-Term Assets	49.5	49.8	69.86	82.1	80.96	60.31
Total Assets	924.31	1,460	1,811	2,109	1,544	1,187
Accounts Payable	33.37	45.52	47.01	48.23	22.31	15.45
Accrued Expenses	53.32	71.46	74.21	112.42	104.87	67.36
Current Portion of Long-Term Debt	908.3	8.22	7.58	7.2	0.63	-
Current Portion of Leases	13.77	15.16	13.91	13.99	10.02	7.32
Current Unearned Revenue	83.78	81.95	90.16	91.93	75.49	48.83
Other Current Liabilities	30.32	37.04	46.12	59.74	24.04	16.99
Total Current Liabilities	1,123	259.34	278.99	333.51	237.37	155.95
Long-Term Debt	-	896.51	928.56	845.32	273.17	246.62
Long-Term Leases	77.25	83.3	99.71	98.67	83.23	66.97
Long-Term Deferred Tax Liabilities	0.31	0.32	0.28	1.73	2.81	5.13
Other Long-Term Liabilities	1.12	1.17	1.8	0.64	6.69	0.9
Total Liabilities	1,202	1,241	1,309	1,280	603.27	475.58
Common Stock	0	0.08	0.08	0.08	0.07	0.06
Additional Paid-In Capital	1,752	1,742	1,701	1,736	1,647	1,197
Retained Earnings	-2,005	-1,498	-1,180	-890.64	-695.87	-479.39
Comprehensive Income & Other	-24.66	-25.12	-19.45	-15.91	-9.78	-6.8
Total Common Equity	-277.21	219.05	501.52	829.16	940.99	711.25
Shareholders' Equity	-277.21	219.05	501.52	829.16	940.99	711.25
Total Liabilities & Equity	924.31	1,460	1,811	2,109	1,544	1,187
Total Debt	999.31	1,003	1,050	965.17	367.05	320.91
Net Cash (Debt)	-976.69	-942.5	-882.24	-732.24	133.58	-150.32
Net Cash Per Share	-353.80	-349.54	-342.27	-294.54	59.68	-73.45
Filing Date Shares Outstanding	2.86	2.79	2.64	2.55	2.47	2.12
Total Common Shares Outstanding	2.81	2.74	2.61	2.53	2.42	2.12
Working Capital	-957.99	-7.88	43.32	60.35	367.51	104.99
Book Value Per Share	-98.82	79.88	192.07	328.36	389.64	335.66
Tangible Book Value	-896.55	-817.25	-792.16	-677.91	206.09	-43.28
Tangible Book Value Per Share	-319.59	-298.05	-303.38	-268.46	85.34	-20.42
Machinery	-	15.47	17.85	26.19	27.09	27.16
Leasehold Improvements	-	72.24	71.82	63.64	60.63	54.78

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