Waves Corporation Limited (PSX: WAVES)

Waves Corporation Balance Sheet

Financials in millions PKR. 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	67.97	59.87	114.34	152.85	143.2	163.57
Short-Term Investments	-	3	3	-	-	-
Cash & Short-Term Investments	67.97	62.87	117.34	152.85	143.2	163.57
Cash Growth	-47.04%	-46.42%	-23.23%	6.74%	-12.45%	55.41%
Accounts Receivable	4,978	4,194	5,674	6,856	5,885	4,247
Other Receivables	218.2	0.05	18.72	249.54	194.32	269.99
Receivables	5,196	4,194	5,693	7,105	6,079	4,517
Inventory	5,775	6,100	6,038	4,213	2,997	3,691
Prepaid Expenses	-	5.63	6.36	5.66	5.89	8.16
Other Current Assets	568.43	805.51	830.92	122.66	93.27	103.5
Total Current Assets	11,608	11,167	12,685	11,600	9,318	8,483
Property, Plant & Equipment	8,817	8,113	6,174	6,290	5,571	5,705
Goodwill	1,070	1,070	1,070	1,070	1,070	1,070
Other Intangible Assets	1,703	1,729	1,768	1,808	1,847	1,876
Long-Term Accounts Receivable	-	0.96	1.3	19.23	39.81	12.49
Other Long-Term Assets	64.11	80.32	71.41	13.89	20.85	29.78
Total Assets	23,262	22,161	21,771	20,801	17,867	17,176
Accounts Payable	3,583	3,516	2,223	1,207	817.19	1,019
Accrued Expenses	956.52	819.66	960.54	499.27	564.56	488.81
Short-Term Debt	2,972	4,780	5,211	5,304	4,335	4,114
Current Portion of Long-Term Debt	333.03	697.69	511.2	903.38	464.13	315
Current Portion of Leases	-	14.96	48.14	76.68	92.72	127.56
Current Unearned Revenue	-	1.16	1.3	20.4	38.5	72.44
Other Current Liabilities	-0	1.18	806.28	765.96	465.89	508.23
Total Current Liabilities	7,845	9,831	9,761	8,776	6,778	6,644
Long-Term Debt	3,489	766.33	789.42	1,103	2,006	1,417
Long-Term Leases	18.73	33.3	100.23	135.84	265.73	437.66
Long-Term Unearned Revenue	4.65	5.23	6.48	7.78	20.87	15.57
Long-Term Deferred Tax Liabilities	295.68	284.82	288.35	467.27	296.87	280.17
Other Long-Term Liabilities	0	0	-	-	-	-
Total Liabilities	11,672	10,941	10,975	10,527	9,407	8,836
Common Stock	2,814	2,814	2,814	2,814	1,876	1,876
Additional Paid-In Capital	-	5,026	5,026	5,026	4,581	4,581
Retained Earnings	1,313	1,003	753.58	318.32	1,660	1,515
Comprehensive Income & Other	5,842	784.3	653.39	566.7	343.17	367.54
Total Common Equity	9,970	9,627	9,247	8,725	8,460	8,340
Minority Interest	1,621	1,594	1,548	1,550	-	-
Shareholders' Equity	11,591	11,220	10,795	10,274	8,460	8,340
Total Liabilities & Equity	23,262	22,161	21,771	20,801	17,867	17,176
Total Debt	6,813	6,293	6,660	7,522	7,165	6,411
Net Cash (Debt)	-6,745	-6,230	-6,542	-7,370	-7,021	-6,248
Net Cash Per Share	-23.51	-22.14	-23.25	-26.19	-37.43	-33.30
Filing Date Shares Outstanding	281.41	281.41	281.41	281.41	186.65	187.6
Total Common Shares Outstanding	281.41	281.41	281.41	281.41	186.65	187.6
Working Capital	3,763	1,336	2,924	2,824	2,540	1,839
Book Value Per Share	35.43	34.21	32.86	31.00	45.33	44.46
Tangible Book Value	7,196	6,828	6,408	5,846	5,543	5,394
Tangible Book Value Per Share	25.57	24.26	22.77	20.78	29.70	28.75
Land	-	-	10	2,894	2,365	-
Buildings	-	-	730.39	753.39	614.88	-
Machinery	-	-	2,189	2,144	2,232	-
Construction In Progress	-	-	3,313	297.34	83	-
Leasehold Improvements	-	-	667.12	586.27	556.94	-

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