Converge Information and Communications Technology Solutions, Inc. (PSE: CNVRG)

PSE: CNVRG Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	16,882	13,694	10,214	8,084	12,957	6,233
Cash & Short-Term Investments	16,882	13,694	10,214	8,084	12,957	6,233
Cash Growth	28.09%	34.07%	26.35%	-37.61%	107.88%	1207.67%
Accounts Receivable	3,111	2,555	3,032	2,817	2,173	1,777
Other Receivables	1,045	972.3	394.75	1,393	1,408	869.3
Receivables	4,157	3,527	3,426	4,210	3,581	2,647
Inventory	1,732	3,461	5,645	4,963	2,031	1,039
Prepaid Expenses	-	55.13	31.91	23.77	-	-
Other Current Assets	3,522	1,418	3,281	3,760	2,701	934.65
Total Current Assets	26,293	22,155	22,599	21,040	21,271	10,854
Property, Plant & Equipment	70,987	70,384	65,828	51,787	29,986	17,578
Long-Term Investments	525.99	759.79	515.06	459.23	71.9	-
Other Intangible Assets	2,307	2,145	2,385	1,969	1,155	669.87
Long-Term Accounts Receivable	136.45	153.51	157.02	160.32	-	-
Long-Term Deferred Tax Assets	1,450	1,546	1,793	997.64	788.36	539.13
Long-Term Deferred Charges	520.13	271.01	263.81	673.54	543.16	229.29
Other Long-Term Assets	3,210	3,731	4,559	4,777	2,897	1,289
Total Assets	105,430	101,145	98,098	81,864	56,712	31,159
Accounts Payable	15,482	12,966	13,791	14,394	12,343	2,384
Accrued Expenses	116.38	2,567	2,222	3,525	-	3,510
Current Portion of Long-Term Debt	5,529	5,258	3,240	2,999	731.21	1,098
Current Portion of Leases	369.43	498.09	615.77	545.74	325.74	371.8
Current Income Taxes Payable	666.87	135.31	821.34	1,003	393.92	357.56
Current Unearned Revenue	700.44	557.94	815.23	1,042	463.62	199.48
Other Current Liabilities	3,603	1,935	3,218	3,375	1,128	2,239
Total Current Liabilities	26,467	23,918	24,723	26,884	15,385	10,160
Long-Term Debt	25,370	29,985	35,000	16,847	10,583	6,852
Long-Term Leases	1,467	1,908	2,002	2,396	1,508	1,375
Long-Term Unearned Revenue	-	-	48.63	313.02	205.11	81.96
Other Long-Term Liabilities	21.41	75.61	60.6	191.58	1,133	491.83
Total Liabilities	53,325	55,899	61,988	46,753	28,937	18,992
Common Stock	1,882	1,882	1,882	1,882	1,882	1,250
Additional Paid-In Capital	18,746	18,746	18,746	18,746	18,746	6,541
Retained Earnings	37,737	30,833	21,737	14,297	7,139	4,014
Treasury Stock	-6,499	-6,499	-6,499	-	-	-
Comprehensive Income & Other	237.98	282.94	244.88	185.81	8.13	55.24
Total Common Equity	52,104	45,245	36,111	35,111	27,775	11,861
Minority Interest	0.31	0.31	0.31	0.31	0.31	0.31
Shareholders' Equity	52,105	45,246	36,111	35,111	27,775	12,168
Total Liabilities & Equity	105,430	101,145	98,098	81,864	56,712	31,159
Total Debt	32,735	37,650	40,857	22,788	13,147	9,697
Net Cash (Debt)	-15,853	-23,956	-30,643	-14,704	-190	-3,463
Net Cash Per Share	-2.17	-3.30	-4.16	-1.95	-0.03	-0.55
Filing Date Shares Outstanding	7,267	7,267	7,267	7,526	7,526	5,000
Total Common Shares Outstanding	7,267	7,267	7,267	7,526	7,526	5,000
Working Capital	-173.95	-1,763	-2,125	-5,843	5,886	693.01
Book Value Per Share	7.17	6.23	4.97	4.67	3.69	2.37
Tangible Book Value	49,797	43,101	33,726	33,142	26,620	11,191
Tangible Book Value Per Share	6.85	5.93	4.64	4.40	3.54	2.24
Land	-	1,910	1,265	1,262	-	215.51
Machinery	-	81,132	69,071	52,661	-	16,540
Construction In Progress	-	3,063	5,043	3,388	-	2,571
Leasehold Improvements	-	575.32	443.76	102.61	-	18.34

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