Tariq Glass Industries Limited (PSX: TGL)

Tariq Glass Industries 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	394.39	682.4	431.75	794.38	799.38	212.5
Short-Term Investments	-	-	-	100	-	-
Cash & Short-Term Investments	394.39	682.4	431.75	894.38	799.38	212.5
Cash Growth	-14.72%	58.05%	-51.73%	11.88%	276.19%	26.87%
Accounts Receivable	4,245	3,379	1,958	1,722	1,158	1,822
Other Receivables	-	671.11	-	-	-	20.51
Receivables	4,245	4,051	1,958	1,722	1,158	1,842
Inventory	8,292	7,184	5,854	5,577	3,465	3,946
Prepaid Expenses	-	41.12	53.2	28.87	23.45	22.24
Other Current Assets	674.42	288.07	323.09	575.23	331.66	246.83
Total Current Assets	13,606	12,246	8,620	8,797	5,778	6,270
Property, Plant & Equipment	12,677	12,859	13,837	14,136	12,915	10,853
Long-Term Investments	2,251	2,483	269.5	-	-	-
Other Intangible Assets	0.03	0.07	4.88	10.12	15.35	20.59
Other Long-Term Assets	602.95	539.58	67.84	56.68	68.57	62.89
Total Assets	29,195	28,128	22,800	23,000	18,777	17,207
Accounts Payable	2,445	1,549	1,138	1,437	1,127	1,136
Accrued Expenses	140.73	1,018	739.38	1,012	565.51	402.7
Short-Term Debt	3,491	2,487	921.55	1,918	856.1	3,892
Current Portion of Long-Term Debt	1,027	986.82	914.36	834.91	348.41	60.16
Current Portion of Leases	-	-	-	-	21.65	17.04
Current Income Taxes Payable	221.02	256.19	144.47	251.49	-	-
Current Unearned Revenue	331.96	363.27	298.66	291.93	289.95	263.22
Other Current Liabilities	16.37	446.98	473.7	485.46	535.32	426.26
Total Current Liabilities	7,673	7,107	4,630	6,230	3,743	6,198
Long-Term Debt	943.21	1,161	1,907	2,815	3,709	3,842
Long-Term Leases	-	-	-	-	0.93	22.14
Long-Term Deferred Tax Liabilities	1,105	1,091	930.77	866.23	720.53	372.54
Other Long-Term Liabilities	145.22	145.22	-	-	2.4	31.18
Total Liabilities	9,866	9,505	7,468	9,912	8,177	10,465
Common Stock	1,722	1,722	1,722	1,377	1,377	1,102
Additional Paid-In Capital	410.12	410.12	410.12	410.12	410.12	410.12
Retained Earnings	14,681	13,976	10,549	8,650	6,162	4,328
Comprehensive Income & Other	2,516	2,516	2,651	2,651	2,651	901.48
Shareholders' Equity	19,329	18,624	15,332	13,088	10,600	6,742
Total Liabilities & Equity	29,195	28,128	22,800	23,000	18,777	17,207
Total Debt	5,461	4,635	3,743	5,568	4,936	7,833
Net Cash (Debt)	-5,067	-3,953	-3,311	-4,674	-4,137	-7,621
Net Cash Per Share	-29.43	-22.96	-19.23	-27.15	-24.03	-44.26
Filing Date Shares Outstanding	172.17	172.17	172.17	172.17	172.17	172.17
Total Common Shares Outstanding	172.17	172.17	172.17	172.17	172.17	172.17
Working Capital	5,933	5,139	3,990	2,567	2,034	72.24
Book Value Per Share	112.27	108.17	89.05	76.02	61.57	39.16
Tangible Book Value	19,329	18,624	15,327	13,078	10,585	6,721
Tangible Book Value Per Share	112.27	108.17	89.02	75.96	61.48	39.04
Land	-	3,008	3,008	3,008	3,008	1,238
Buildings	-	3,657	3,648	3,607	3,577	1,835
Machinery	-	13,053	12,571	12,269	11,105	5,995
Construction In Progress	-	1,210	1,245	662.36	256.88	6,245

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