Lorenzo Shipping Corporation (PSE: LSC)

Lorenzo Shipping 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	57.98	99.13	62.53	131.88	156.15	204.91
Cash & Short-Term Investments	57.98	99.13	62.53	131.88	156.15	204.91
Cash Growth	-56.75%	58.54%	-52.59%	-15.54%	-23.80%	133.29%
Accounts Receivable	537.86	568.07	681.93	725.64	738.62	1,020
Other Receivables	182.42	83.28	71.25	55.56	50.97	32.8
Receivables	720.28	651.34	753.18	781.2	789.59	1,053
Inventory	61.47	61.47	78.45	63.35	27.95	32.88
Prepaid Expenses	19.16	12.39	10.48	7.22	6.52	19.43
Other Current Assets	250.49	191.15	124.51	31.17	40.2	18.4
Total Current Assets	1,109	1,015	1,029	1,015	1,020	1,329
Property, Plant & Equipment	1,394	1,417	1,287	1,290	1,427	1,559
Other Intangible Assets	2.61	3.06	3.96	-	-	-
Long-Term Deferred Tax Assets	7	7	-	-	-	-
Other Long-Term Assets	650.99	651.29	610.34	548.15	452.94	409.67
Total Assets	3,164	3,093	2,930	2,853	2,901	3,297
Accounts Payable	1,255	1,088	1,176	1,155	1,161	559.93
Accrued Expenses	245.29	223.28	151.27	248.09	335.01	952.15
Short-Term Debt	411.87	341.96	320.64	368.27	337.67	587.97
Current Portion of Long-Term Debt	58.3	91.94	101.58	93.59	86.21	121.13
Current Portion of Leases	54.81	65.25	33.83	44.69	81.71	113.41
Current Income Taxes Payable	8.6	8.2	8.97	13.74	18.53	18.35
Other Current Liabilities	280.85	265.98	313.12	40.98	2.78	81.37
Total Current Liabilities	2,315	2,085	2,106	1,964	2,023	2,434
Long-Term Debt	272.12	272.12	288.53	237.25	277.58	193.46
Long-Term Leases	164.3	164.3	53.8	59.33	87.52	101.03
Long-Term Deferred Tax Liabilities	-	-	24.21	19.55	27.64	22.43
Other Long-Term Liabilities	-	-	-	150.31	-	-
Total Liabilities	2,861	2,627	2,549	2,517	2,485	2,813
Common Stock	555.65	555.65	555.65	555.65	555.65	555.65
Additional Paid-In Capital	459.79	459.79	459.79	459.79	459.79	459.79
Retained Earnings	-753.59	-589.82	-685.61	-704.21	-619.62	-551.37
Treasury Stock	-3.13	-3.13	-3.13	-3.13	-3.13	-3.13
Comprensive Income & Other	44.04	44.04	54.79	28.74	22.56	23.29
Shareholders' Equity	302.76	466.54	381.5	336.85	415.25	484.24
Total Liabilities & Equity	3,164	3,093	2,930	2,853	2,901	3,297
Total Debt	961.4	935.57	798.38	803.13	870.7	1,117
Net Cash (Debt)	-903.41	-836.44	-735.86	-671.25	-714.55	-912.09
Net Cash Per Share	-1.63	-1.51	-1.33	-1.21	-1.29	-1.64
Filing Date Shares Outstanding	554.64	554.64	554.64	554.64	554.64	554.64
Total Common Shares Outstanding	554.64	554.64	554.64	554.64	554.64	554.64
Working Capital	-1,205	-1,069	-1,077	-949.38	-1,003	-1,106
Book Value Per Share	0.55	0.84	0.69	0.61	0.75	0.87
Tangible Book Value	300.15	463.47	377.55	336.85	415.25	484.24
Tangible Book Value Per Share	0.54	0.84	0.68	0.61	0.75	0.87
Land	-	175.9	175.9	157.05	157.05	150.77
Buildings	-	18.74	15.26	14.45	14.45	14.45
Machinery	-	3,510	3,367	3,266	3,195	3,126
Construction In Progress	-	-	14.55	-	0.84	-
Leasehold Improvements	-	65.17	65.02	64.67	63.67	63.6

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