Raffles Education Limited (SGX: NR7)

Raffles Education Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	29.69	29.69	56.31	64.09	84.93	34.61
Short-Term Investments	3.39	3.39	4.78	5.37	6.73	9.91
Cash & Short-Term Investments	33.07	33.07	61.09	69.46	91.66	44.51
Cash Growth	-45.87%	-45.87%	-12.05%	-24.22%	105.92%	3.68%
Accounts Receivable	5.4	5.4	3.39	3.9	9.5	4.44
Other Receivables	19.9	19.9	20.27	39.45	80.16	82.13
Receivables	25.3	25.3	23.67	43.35	89.65	86.57
Inventory	0.06	0.06	0.06	0.06	0.08	0.1
Prepaid Expenses	5.15	5.15	5.13	3.87	10.5	6.21
Other Current Assets	89.1	89.1	68.27	-	25.3	-
Total Current Assets	152.68	152.68	158.22	116.74	217.19	137.38
Property, Plant & Equipment	480.54	480.54	487.9	605.07	602.83	468.12
Long-Term Investments	2.5	2.5	3.44	3.93	9.79	50.73
Goodwill	100.45	100.45	99.29	110.09	110.49	104.65
Other Intangible Assets	1.61	1.61	1.79	2.03	0.37	0.43
Long-Term Deferred Tax Assets	0.48	0.48	0.74	0.95	1.38	1.72
Long-Term Deferred Charges	0.02	0.02	0.04	0.09	0.3	0.6
Other Long-Term Assets	361.8	361.8	398.63	441.97	439.98	410.15
Total Assets	1,100	1,100	1,150	1,281	1,382	1,174
Accounts Payable	2.55	2.55	2.29	4.34	3.39	4.03
Accrued Expenses	21.83	21.83	22.07	25.29	24.3	12.13
Current Portion of Long-Term Debt	54.43	54.43	176	166.38	299.2	161.41
Current Portion of Leases	3.34	3.34	2.79	0.86	2.11	1.68
Current Income Taxes Payable	14.93	14.93	15.63	18.89	10.49	10.02
Current Unearned Revenue	22.33	22.33	22.72	28.33	14.89	14.7
Other Current Liabilities	50.05	50.05	28.29	31.25	59.26	30.36
Total Current Liabilities	169.46	169.46	269.8	275.32	413.63	234.33
Long-Term Debt	170.84	170.84	99.52	134.83	92.18	173.25
Long-Term Leases	9.38	9.38	10.38	1.48	2.53	3.68
Long-Term Deferred Tax Liabilities	63.52	63.52	64.93	70.54	74.35	56.98
Other Long-Term Liabilities	5.03	5.03	9.59	13.47	16.13	23.97
Total Liabilities	418.23	418.23	454.21	495.64	598.81	492.21
Common Stock	554.6	554.6	554.34	554.34	554.34	554.34
Retained Earnings	116.55	116.55	136.22	141.53	131.92	115.53
Treasury Stock	-39.45	-39.45	-39.58	-39.68	-39.68	-39.68
Comprehensive Income & Other	-41.72	-41.72	-51.02	18.99	24.81	-12.37
Total Common Equity	589.98	589.98	599.96	675.17	671.38	617.81
Minority Interest	91.88	91.88	95.86	110.06	112.14	63.77
Shareholders' Equity	681.86	681.86	695.83	785.22	783.52	681.58
Total Liabilities & Equity	1,100	1,100	1,150	1,281	1,382	1,174
Total Debt	237.99	237.99	288.69	303.54	396.01	340.02
Net Cash (Debt)	-204.92	-204.92	-227.6	-234.08	-304.35	-295.51
Net Cash Per Share	-0.15	-0.15	-0.17	-0.17	-0.22	-0.21
Filing Date Shares Outstanding	1,388	1,388	1,385	1,379	1,379	1,379
Total Common Shares Outstanding	1,388	1,388	1,380	1,379	1,379	1,379
Working Capital	-16.78	-16.78	-111.58	-158.58	-196.43	-96.94
Book Value Per Share	0.43	0.43	0.43	0.49	0.49	0.45
Tangible Book Value	487.92	487.92	498.89	563.05	560.52	512.72
Tangible Book Value Per Share	0.35	0.35	0.36	0.41	0.41	0.37
Land	528.45	528.45	523.15	661.22	619.83	505.9
Machinery	39.07	39.07	37.24	40.76	40.56	38.86
Construction In Progress	7.71	7.71	6.63	6.89	28.6	9.14

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