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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	31,444	24,272	18,384	24,155	2,358	15,104
Short-Term Investments	4,138	20,972	13,391	3,076	2,262	2,196
Cash & Short-Term Investments	35,582	45,245	31,775	27,230	4,620	17,300
Cash Growth	-34.67%	42.39%	16.69%	489.39%	-73.29%	80.99%
Accounts Receivable	16,090	22,717	26,497	23,036	14,808	16,074
Other Receivables	9,077	4,288	5,578	4,470	3,821	3,959
Receivables	25,168	27,005	32,075	27,506	18,629	20,034
Inventory	5,698	4,967	3,618	3,098	3,720	5,121
Other Current Assets	3,539	4,226	4,907	1,488	5,341	5,354
Total Current Assets	69,987	81,442	72,376	59,323	32,310	47,808
Property, Plant & Equipment	127,351	120,191	113,018	114,753	175,345	237,481
Long-Term Investments	960.55	694.85	794.44	836.99	997.21	1,955
Long-Term Deferred Tax Assets	5,335	5,306	4,927	4,478	-	5,024
Other Long-Term Assets	11,914	12,098	14,922	14,456	19,247	25,562
Total Assets	215,548	219,732	206,037	193,847	227,899	317,829
Accounts Payable	7,836	13,019	15,123	13,119	15,420	12,752
Accrued Expenses	24,151	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	24,402	8,825	6,191	6,054	23,454	5,418
Current Portion of Leases	448.52	17,113	14,415	11,525	96,446	24,294
Current Income Taxes Payable	244.35	1,288	1,256	232.18	221.34	368.8
Current Unearned Revenue	31,445	27,531	22,116	11,904	10,711	16,430
Other Current Liabilities	2,935	-	-	-	4,426	2,264
Total Current Liabilities	91,462	92,825	82,629	70,465	196,332	102,595
Long-Term Debt	-	21,551	37,514	40,594	9,116	29,393
Long-Term Leases	56,137	48,942	54,511	65,172	55,586	150,308
Long-Term Unearned Revenue	8,828	6,742	5,037	3,978	3,611	3,420
Long-Term Deferred Tax Liabilities	-	-	-	0.09	2,406	-
Other Long-Term Liabilities	1,210	1,315	461.21	34.27	17,329	14,677
Total Liabilities	173,783	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	2,235	-4,623	-21,551	-29,788	-88,967	-17,216
Treasury Stock	-0.03	-0.03	-0.03	-0.03	-0.03	-0.03
Comprehensive Income & Other	151.88	12,817	13,497	12,953	5,115	3,930
Total Common Equity	29,985	17,997	1,749	-7,033	-74,049	-3,483
Minority Interest	11,780	15,306	11,074	8,722	5,943	8,380
Shareholders' Equity	41,765	33,304	12,823	1,690	-68,107	4,898
Total Liabilities & Equity	215,548	219,732	206,037	193,847	227,899	317,829
Total Debt	80,988	96,431	112,632	124,732	195,984	227,943
Net Cash (Debt)	-45,405	-51,187	-80,856	-97,502	-191,364	-210,644
Net Cash Per Share	-2.69	-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	-21,475	-11,384	-10,252	-11,143	-164,022	-54,787
Book Value Per Share	1.12	1.55	0.15	-0.61	-6.38	-0.30
Tangible Book Value	29,985	17,997	1,749	-7,033	-74,049	-3,483
Tangible Book Value Per Share	1.12	1.55	0.15	-0.61	-6.38	-0.30
Buildings	1,219	1,205	1,213	1,098	1,034	1,192
Machinery	771.65	1,635	8,399	8,101	-8,520	9,610
Construction In Progress	20,261	14,492	5,872	5,283	5,962	5,598

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