PAL Holdings, Inc. (PSE:PAL)

PAL Holdings Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	23,268	24,272	18,384	24,155	2,358
Short-Term Investments	5,262	20,972	13,391	3,076	2,262
Cash & Short-Term Investments	28,530	45,245	31,775	27,230	4,620
Cash Growth	-36.94%	42.39%	16.69%	489.39%	-73.29%
Accounts Receivable	17,765	22,717	26,497	23,036	14,808
Other Receivables	3,638	4,288	5,578	4,470	3,821
Receivables	21,403	27,005	32,075	27,506	18,629
Inventory	5,951	4,967	3,618	3,098	3,720
Other Current Assets	4,800	4,226	4,907	1,488	5,341
Total Current Assets	60,685	81,442	72,376	59,323	32,310
Property, Plant & Equipment	132,701	120,191	113,018	114,753	175,345
Long-Term Investments	875.34	694.85	794.44	836.99	997.21
Long-Term Deferred Tax Assets	4,698	5,306	4,927	4,478	-
Other Long-Term Assets	14,302	12,098	14,922	14,456	19,247
Total Assets	213,261	219,732	206,037	193,847	227,899
Accounts Payable	9,382	13,145	15,123	13,119	15,420
Accrued Expenses	23,592	24,922	23,527	26,246	34,272
Short-Term Debt	-	-	-	1,387	11,381
Current Portion of Long-Term Debt	9,208	8,825	6,191	6,054	23,454
Current Portion of Leases	15,955	17,113	14,415	11,525	96,446
Current Income Taxes Payable	681.72	1,288	1,256	232.18	221.34
Current Unearned Revenue	28,069	27,531	22,116	11,904	10,711
Other Current Liabilities	-	-	-	-	4,426
Total Current Liabilities	86,889	92,825	82,629	70,465	196,332
Long-Term Debt	14,485	21,551	37,514	40,594	9,116
Long-Term Leases	40,572	48,942	54,511	65,172	55,586
Long-Term Unearned Revenue	8,287	6,742	5,037	3,978	3,611
Long-Term Deferred Tax Liabilities	-	-	-	0.09	2,406
Other Long-Term Liabilities	3,341	1,315	461.21	34.27	17,329
Total Liabilities	170,379	186,428	193,214	192,157	296,006
Common Stock	25,041	9,800	9,800	9,800	9,800
Additional Paid-In Capital	2,558	3.01	3.01	3.01	3.01
Retained Earnings	2,538	-4,623	-21,551	-29,788	-88,967
Treasury Stock	-0.03	-0.03	-0.03	-0.03	-0.03
Comprehensive Income & Other	1,511	12,817	13,497	12,953	5,115
Total Common Equity	31,648	17,997	1,749	-7,033	-74,049
Minority Interest	11,233	15,306	11,074	8,722	5,943
Shareholders' Equity	42,881	33,304	12,823	1,690	-68,107
Total Liabilities & Equity	213,261	219,732	206,037	193,847	227,899
Total Debt	80,220	96,431	112,632	124,732	195,984
Net Cash (Debt)	-51,690	-51,187	-80,856	-97,502	-191,364
Net Cash Per Share	-2.31	-4.41	-6.96	-8.40	-16.48
Filing Date Shares Outstanding	26,852	11,611	11,611	11,611	11,611
Total Common Shares Outstanding	26,852	11,611	11,611	11,611	11,611
Working Capital	-26,204	-11,384	-10,252	-11,143	-164,022
Book Value Per Share	1.18	1.55	0.15	-0.61	-6.38
Tangible Book Value	31,648	17,997	1,749	-7,033	-74,049
Tangible Book Value Per Share	1.18	1.55	0.15	-0.61	-6.38
Buildings	1,371	1,205	1,213	1,098	1,034
Machinery	282.03	1,635	8,399	8,101	-8,520
Construction In Progress	22,751	14,492	5,872	5,283	5,962

Updated Nov 12, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.