PAL Holdings, Inc. (PSE: PAL)

PAL 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	24,179	24,272	18,384	24,155	2,358	15,104
Short-Term Investments	24,647	20,972	13,391	3,076	2,262	2,196
Cash & Short-Term Investments	48,826	45,245	31,775	27,230	4,620	17,300
Cash Growth	-1.41%	42.39%	16.69%	489.39%	-73.29%	80.99%
Accounts Receivable	17,818	22,717	26,497	23,036	14,808	16,074
Other Receivables	8,899	4,288	5,578	4,470	3,821	3,959
Receivables	26,717	27,005	32,075	27,506	18,629	20,034
Inventory	4,998	4,967	3,618	3,098	3,720	5,121
Other Current Assets	3,733	4,226	4,907	1,488	5,341	5,354
Total Current Assets	84,274	81,442	72,376	59,323	32,310	47,808
Property, Plant & Equipment	129,064	120,191	113,018	114,753	175,345	237,481
Long-Term Investments	-	694.85	794.44	836.99	997.21	1,955
Long-Term Deferred Tax Assets	5,409	5,306	4,927	4,478	-	5,024
Other Long-Term Assets	12,831	12,098	14,922	14,456	19,247	25,562
Total Assets	231,578	219,732	206,037	193,847	227,899	317,829
Accounts Payable	9,546	13,019	15,123	13,119	15,420	12,752
Accrued Expenses	23,704	25,048	23,527	26,246	34,272	22,537
Short-Term Debt	-	-	-	1,387	11,381	18,530
Current Portion of Long-Term Debt	27,699	8,825	6,191	6,054	23,454	5,418
Current Portion of Leases	-	17,113	14,415	11,525	96,446	24,294
Current Income Taxes Payable	368.72	1,288	1,256	232.18	221.34	368.8
Current Unearned Revenue	32,896	27,531	22,116	11,904	10,711	16,430
Other Current Liabilities	4,518	-	-	-	4,426	2,264
Total Current Liabilities	98,732	92,825	82,629	70,465	196,332	102,595
Long-Term Debt	1,069	21,551	37,514	40,594	9,116	29,393
Long-Term Leases	63,383	48,942	54,511	65,172	55,586	150,308
Long-Term Unearned Revenue	8,709	6,742	5,037	3,978	3,611	3,420
Long-Term Deferred Tax Liabilities	-	-	-	0.09	2,406	-
Other Long-Term Liabilities	1,332	1,315	461.21	34.27	17,329	14,677
Total Liabilities	188,948	186,428	193,214	192,157	296,006	312,932
Common Stock	25,041	9,800	9,800	9,800	9,800	9,800
Additional Paid-In Capital	2,558	3.01	3.01	3.01	3.01	3.01
Retained Earnings	1,409	-4,623	-21,551	-29,788	-88,967	-17,216
Treasury Stock	-0.03	-0.03	-0.03	-0.03	-0.03	-0.03
Comprensive Income & Other	1,462	12,817	13,497	12,953	5,115	3,930
Total Common Equity	30,470	17,997	1,749	-7,033	-74,049	-3,483
Minority Interest	12,160	15,306	11,074	8,722	5,943	8,380
Shareholders' Equity	42,630	33,304	12,823	1,690	-68,107	4,898
Total Liabilities & Equity	231,578	219,732	206,037	193,847	227,899	317,829
Total Debt	92,151	96,431	112,632	124,732	195,984	227,943
Net Cash (Debt)	-43,326	-51,187	-80,856	-97,502	-191,364	-210,644
Net Cash Per Share	-2.25	-4.41	-6.96	-8.40	-16.48	-18.14
Filing Date Shares Outstanding	26,852	11,611	11,611	11,611	11,611	11,611
Total Common Shares Outstanding	26,852	11,611	11,611	11,611	11,611	11,611
Working Capital	-14,458	-11,384	-10,252	-11,143	-164,022	-54,787
Book Value Per Share	1.13	1.55	0.15	-0.61	-6.38	-0.30
Tangible Book Value	30,470	17,997	1,749	-7,033	-74,049	-3,483
Tangible Book Value Per Share	1.13	1.55	0.15	-0.61	-6.38	-0.30
Buildings	1,275	1,205	1,213	1,098	1,034	1,192
Machinery	807.18	1,635	8,399	8,101	-8,520	9,610
Construction In Progress	15,676	14,492	5,872	5,283	5,962	5,598

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