Nera Telecommunications Ltd (SGX: N01)

Nera Telecommunications 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	7.24	20.5	18.2	23.4	23.02	12.91
Short-Term Investments	7.82	-	-	-	2.14	1.46
Cash & Short-Term Investments	15.05	20.5	18.2	23.4	25.16	14.37
Cash Growth	-8.55%	12.65%	-22.23%	-6.98%	75.04%	-37.84%
Accounts Receivable	62.51	65.04	85.11	84.33	98.82	103.65
Other Receivables	23.97	21.72	22.74	22.12	1.62	2.41
Receivables	86.48	86.76	107.85	106.46	100.44	106.06
Inventory	4.62	5.4	11.66	10.19	6.07	9.73
Prepaid Expenses	-	-	-	-	1.46	0.51
Restricted Cash	-	0.12	-	0.1	0.1	0.09
Other Current Assets	0.12	-	2.74	2.74	16.43	16
Total Current Assets	106.27	112.78	140.45	142.89	149.66	146.77
Property, Plant & Equipment	9	9.24	10.43	6.5	10.4	8.99
Other Intangible Assets	0.48	0.57	0.73	0.97	0.84	0.8
Long-Term Accounts Receivable	-	-	-	-	0.14	0.42
Long-Term Deferred Tax Assets	4.01	4.04	0.48	0.98	0.81	1.49
Other Long-Term Assets	0.17	0.2	0.31	0.68	0.51	0.06
Total Assets	119.93	126.83	152.41	152.03	162.35	158.52
Accounts Payable	23.13	19.75	31.11	20.38	23.48	27.24
Accrued Expenses	-	13.93	14.73	13.93	15.88	17.69
Short-Term Debt	5	12	21	32	28.5	16.5
Current Portion of Leases	1.6	1.55	0.54	0.8	0.71	0.65
Current Income Taxes Payable	0.21	0.95	0.57	0.53	1.02	0.69
Current Unearned Revenue	34.62	25.08	30.85	31.02	21.66	24.9
Other Current Liabilities	4.96	2.02	6.6	5.99	2.83	2.61
Total Current Liabilities	69.51	75.26	105.4	104.64	94.09	90.28
Long-Term Leases	4.36	4.4	5.4	0.42	3.58	4
Total Liabilities	74.37	80.25	111.35	105.49	98.21	94.75
Common Stock	29.91	29.91	29.91	29.91	29.91	29.91
Retained Earnings	16.93	17.39	11.72	19.01	36.81	36.98
Comprehensive Income & Other	-1.29	-0.72	-0.56	-2.38	-2.58	-3.12
Shareholders' Equity	45.55	46.58	41.07	46.54	64.14	63.76
Total Liabilities & Equity	119.93	126.83	152.41	152.03	162.35	158.52
Total Debt	10.96	17.95	26.94	33.22	32.79	21.15
Net Cash (Debt)	4.09	2.56	-8.74	-9.82	-7.63	-6.78
Net Cash Per Share	0.01	0.01	-0.02	-0.03	-0.02	-0.02
Filing Date Shares Outstanding	361.9	361.9	361.9	361.9	361.9	361.9
Total Common Shares Outstanding	361.9	361.9	361.9	361.9	361.9	361.9
Working Capital	36.76	37.52	35.06	38.25	55.57	56.48
Book Value Per Share	0.13	0.13	0.11	0.13	0.18	0.18
Tangible Book Value	45.07	46.01	40.33	45.57	63.31	62.97
Tangible Book Value Per Share	0.12	0.13	0.11	0.13	0.17	0.17
Buildings	-	-	-	-	5.15	5.15
Machinery	-	4.47	5.49	5.58	6.14	7.67
Construction In Progress	-	2.26	3.7	4.14	4.86	2.64
Leasehold Improvements	-	2.5	1.5	1.57	1.64	1.63
Order Backlog	-	-	-	-	123.6	-

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