LBC Express Holdings, Inc. (PSE: LBC)

LBC Express Holdings 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	2,403	2,282	3,518	3,475	5,246	4,419
Short-Term Investments	28.14	30.29	147.17	130.42	124.18	128.65
Trading Asset Securities	2.33	2.26	2.17	15.69	14.94	15.63
Cash & Short-Term Investments	2,434	2,314	3,667	3,621	5,385	4,563
Cash Growth	32.99%	-36.88%	1.26%	-32.76%	18.02%	6.89%
Accounts Receivable	1,967	1,817	1,877	1,943	1,913	1,467
Other Receivables	52.2	27.12	61.19	52.75	39.47	29.83
Receivables	2,034	1,862	1,954	2,006	1,962	1,507
Inventory	198.1	184.79	208.51	240.35	216.67	146.61
Prepaid Expenses	431.48	409.75	355.25	1,600	147.85	84.98
Restricted Cash	182.91	261.65	348.76	429.52	10.37	31.34
Other Current Assets	1,644	1,608	1,668	1,717	1,534	1,551
Total Current Assets	6,924	6,640	8,201	9,614	9,256	7,884
Property, Plant & Equipment	4,088	4,625	4,220	4,113	4,230	3,997
Long-Term Investments	478.05	546.73	570.62	544	546.41	537.38
Goodwill	287.02	287.02	287.02	287.02	286.89	286.89
Other Intangible Assets	228.54	236.89	255.99	268.04	321.69	363.75
Long-Term Deferred Tax Assets	519.72	525.94	521.42	462.14	443.56	377.56
Other Long-Term Assets	2,362	2,437	2,444	533.7	480.49	537.27
Total Assets	14,948	15,375	16,590	15,918	15,662	14,094
Accounts Payable	1,452	1,364	1,410	1,188	1,117	1,735
Accrued Expenses	1,442	1,259	1,571	1,400	1,199	1,084
Short-Term Debt	872.04	924.79	1,166	849.43	470.21	260
Current Portion of Long-Term Debt	2,463	2,442	2,022	2,050	2,048	116.67
Current Portion of Leases	752.7	828.19	919.36	942.83	816.98	645.01
Current Income Taxes Payable	3.19	19.44	25.03	55.82	47.62	43.36
Current Unearned Revenue	255.21	393.35	507.51	331.38	305.72	197.17
Other Current Liabilities	3,236	3,000	4,448	3,900	3,550	861.77
Total Current Liabilities	10,476	10,231	12,069	10,717	9,555	4,942
Long-Term Debt	747.07	947.4	661.07	832.12	779.71	1,800
Long-Term Leases	1,043	1,370	1,344	1,478	1,551	1,357
Long-Term Deferred Tax Liabilities	-	-	-	14.98	21.99	-
Other Long-Term Liabilities	-	-	0.04	0.67	17.45	2,088
Total Liabilities	13,254	13,449	14,808	13,846	12,691	10,826
Common Stock	1,426	1,426	1,426	1,426	1,426	1,426
Retained Earnings	176.74	304.56	128.27	670.25	1,536	1,621
Comprehensive Income & Other	102.25	215.29	238.14	-45.49	-4.06	193.68
Total Common Equity	1,705	1,946	1,792	2,051	2,958	3,241
Minority Interest	-10	-19.64	-10.3	20.87	12.82	27.2
Shareholders' Equity	1,695	1,926	1,782	2,071	2,971	3,268
Total Liabilities & Equity	14,948	15,375	16,590	15,918	15,662	14,094
Total Debt	5,878	6,512	6,112	6,152	5,666	4,178
Net Cash (Debt)	-3,444	-4,197	-2,445	-2,531	-280.83	384.45
Net Cash Growth	-	-	-	-	-	-82.93%
Net Cash Per Share	-2.42	-2.64	-1.72	-1.77	-0.20	0.27
Filing Date Shares Outstanding	1,426	1,426	1,426	1,426	1,426	1,426
Total Common Shares Outstanding	1,426	1,426	1,426	1,426	1,426	1,426
Working Capital	-3,552	-3,591	-3,867	-1,103	-299.2	2,941
Book Value Per Share	1.20	1.36	1.26	1.44	2.07	2.27
Tangible Book Value	1,189	1,422	1,249	1,496	2,350	2,590
Tangible Book Value Per Share	0.83	1.00	0.88	1.05	1.65	1.82
Land	1,031	1,031	1,031	1,031	1,031	1,031
Buildings	1,138	1,141	-	-	-	-
Machinery	1,537	1,937	2,093	2,299	2,140	2,186
Construction In Progress	16.61	9.82	492.06	47.68	17.18	6.37
Leasehold Improvements	1,255	1,713	1,948	2,015	1,884	1,732

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