Nordic Group Limited (SGX: MR7)

Nordic Group Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	56.72	73.74	55.92	75.34	57.51	43.2
Cash & Short-Term Investments	56.72	73.74	55.92	75.34	57.51	43.2
Cash Growth	0.44%	31.88%	-25.78%	30.99%	33.13%	10.11%
Accounts Receivable	70.31	68.33	57.19	33.95	29.11	31.78
Other Receivables	-	2.96	-	0.13	0.05	0.15
Receivables	70.31	71.29	57.19	34.08	29.17	31.93
Inventory	21.11	21.86	19.44	14.54	11.2	12.05
Prepaid Expenses	0.97	0.75	0.99	0.44	0.35	0.64
Other Current Assets	4.58	2.44	5.55	2.66	1.84	9.46
Total Current Assets	153.69	170.08	139.08	127.06	100.06	97.28
Property, Plant & Equipment	48.08	49.43	53.12	35.21	38.08	34.19
Goodwill	40.42	40.42	40.42	29.55	29.55	29.55
Other Intangible Assets	2.77	3.01	3.49	0.06	0.36	0.67
Long-Term Deferred Tax Assets	1.31	1.17	1.7	0.39	-	0.15
Other Long-Term Assets	1.47	1.47	-	-	-	-
Total Assets	247.74	265.59	237.81	192.27	168.05	161.84
Accounts Payable	30.76	31.13	32.47	23.83	22.99	17.36
Short-Term Debt	12.84	17.99	3.19	8.3	2.94	3.38
Current Portion of Long-Term Debt	64.59	74.22	52.14	49.39	37.1	34.11
Current Portion of Leases	0.62	0.61	0.22	0.23	0.32	0.4
Current Income Taxes Payable	2.64	3.67	2.39	0.92	0.95	1.99
Current Unearned Revenue	0.17	1.66	2.14	0.9	0.9	0.79
Other Current Liabilities	2.77	7.1	10	2.38	1.83	5.02
Total Current Liabilities	114.4	136.37	102.54	85.93	67.03	63.04
Long-Term Debt	1.97	3.79	16.78	2.58	5.84	3.58
Long-Term Leases	5.43	5.52	5.66	3.16	3.37	3.64
Long-Term Deferred Tax Liabilities	2.38	2.43	2.82	2.92	2.86	3.17
Other Long-Term Liabilities	-	-	-	0.05	0.12	2.51
Total Liabilities	124.18	148.11	127.79	94.63	79.21	75.94
Common Stock	24.86	24.86	24.86	22.44	22.44	22.44
Retained Earnings	100.32	94.18	85.82	77.23	68.56	65.44
Treasury Stock	-0.25	-0.11	-0.11	-2.61	-2.37	-1.74
Comprehensive Income & Other	-1.37	-1.46	-0.56	0.58	0.21	-0.25
Total Common Equity	123.56	117.47	110.02	97.64	88.84	85.9
Shareholders' Equity	123.56	117.47	110.02	97.64	88.84	85.9
Total Liabilities & Equity	247.74	265.59	237.81	192.27	168.05	161.84
Total Debt	85.45	102.12	77.98	63.65	49.56	45.11
Net Cash (Debt)	-28.74	-28.38	-22.07	11.69	7.95	-1.91
Net Cash Growth	-	-	-	47.05%	-	-
Net Cash Per Share	-0.07	-0.07	-0.06	0.03	0.02	-0.00
Filing Date Shares Outstanding	399.27	399.7	399.74	388	388.36	390.61
Total Common Shares Outstanding	399.27	399.74	399.74	388	388.9	391.9
Working Capital	39.29	33.71	36.55	41.13	33.03	34.23
Book Value Per Share	0.31	0.29	0.28	0.25	0.23	0.22
Tangible Book Value	80.37	74.04	66.11	68.03	58.92	55.68
Tangible Book Value Per Share	0.20	0.19	0.17	0.18	0.15	0.14
Machinery	-	54.83	55.59	52.99	52.13	51.17
Order Backlog	-	187.1	233	166	89	92

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