Ideal Spinning Mills Limited (PSX: IDSM)

Ideal Spinning Mills Balance Sheet

Financials in millions PKR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	48.15	96.36	70.99	45.45	167	44.34
Short-Term Investments	19.37	0.04	0.04	0.04	0.04	0.04
Cash & Short-Term Investments	67.51	96.4	71.03	45.49	167.04	44.38
Cash Growth	-4.95%	35.72%	56.16%	-72.77%	276.42%	16.61%
Accounts Receivable	232.6	227.53	367.61	368.65	239.26	160.28
Other Receivables	303	315.51	318.87	197.01	228.52	182.32
Receivables	568.04	547.77	691.7	570.02	471.55	348.3
Inventory	522.61	787.95	1,081	961.4	830.95	641.4
Prepaid Expenses	-	0.3	-	0.4	0.75	-
Other Current Assets	21.73	36.83	46.88	28.89	22.44	19.16
Total Current Assets	1,180	1,469	1,891	1,606	1,493	1,053
Property, Plant & Equipment	1,675	1,704	1,662	1,763	1,329	1,054
Other Intangible Assets	0.5	0.86	2.66	4.45	4.81	5.24
Long-Term Deferred Tax Assets	104.12	104.12	-	-	-	-
Other Long-Term Assets	9.82	2.12	1.91	1.95	1.91	1.8
Total Assets	2,969	3,281	3,558	3,376	2,829	2,114
Accounts Payable	710.4	533.44	615.17	290.75	201.28	149.57
Accrued Expenses	37.14	290.03	347.58	246.08	202.75	172.06
Short-Term Debt	1,490	1,611	1,439	729.36	867.94	574.51
Current Portion of Long-Term Debt	-	91.54	35	162.8	72.81	93.74
Current Income Taxes Payable	-	-	-	122.01	64.91	47.39
Current Unearned Revenue	-	48.99	34.2	45.75	43.45	28.57
Other Current Liabilities	96.45	12.9	8.41	40.31	20.97	36.27
Total Current Liabilities	2,334	2,588	2,480	1,637	1,474	1,102
Long-Term Debt	61.25	70	153.52	172.88	200.52	229.68
Long-Term Unearned Revenue	-	-	-	-	0.14	1.4
Long-Term Deferred Tax Liabilities	-	-	-	104.53	31.89	-
Other Long-Term Liabilities	-	-	-	-	1.77	-
Total Liabilities	2,416	2,674	2,754	2,016	1,803	1,424
Common Stock	99.2	99.2	99.2	99.2	99.2	99.2
Retained Earnings	-331.23	-278.32	43.84	599.48	289.76	89.35
Comprehensive Income & Other	785.65	785.65	660.95	660.95	637.02	501.74
Shareholders' Equity	553.62	606.53	803.99	1,360	1,026	690.29
Total Liabilities & Equity	2,969	3,281	3,558	3,376	2,829	2,114
Total Debt	1,551	1,772	1,628	1,065	1,141	897.94
Net Cash (Debt)	-1,484	-1,676	-1,557	-1,020	-974.23	-853.56
Net Cash Per Share	-149.56	-168.95	-156.94	-102.78	-98.21	-86.04
Filing Date Shares Outstanding	9.93	9.92	9.92	9.92	9.92	9.91
Total Common Shares Outstanding	9.93	9.92	9.92	9.92	9.92	9.91
Working Capital	-1,154	-1,118	-588.71	-30.87	18.64	-48.88
Book Value Per Share	55.77	61.14	81.03	137.06	103.42	69.68
Tangible Book Value	553.12	605.66	801.33	1,355	1,021	685.05
Tangible Book Value Per Share	55.72	61.05	80.76	136.61	102.94	69.15
Land	-	396.77	272.07	272.07	265.6	130.32
Buildings	-	463.5	463.5	463.5	272.28	268.12
Machinery	-	2,250	2,204	2,136	1,775	1,599
Construction In Progress	-	11.87	8.4	32.12	56.63	3.2

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