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	Dec 31, 2024	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021	Jun 30, 2020
Cash & Equivalents	32.06	29.69	56.31	64.09	84.93	34.61
Short-Term Investments	3.38	3.39	4.78	5.37	6.73	9.91
Cash & Short-Term Investments	35.44	33.07	61.09	69.46	91.66	44.51
Cash Growth	-32.01%	-45.87%	-12.05%	-24.22%	105.92%	3.68%
Accounts Receivable	5.71	5.4	3.39	3.9	9.5	4.44
Other Receivables	26.2	19.9	20.27	39.45	80.16	82.13
Receivables	31.9	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	5.32	5.15	5.13	3.87	10.5	6.21
Other Current Assets	73.29	89.1	68.27	-	25.3	-
Total Current Assets	146.01	152.68	158.22	116.74	217.19	137.38
Property, Plant & Equipment	478.68	480.54	487.9	605.07	602.83	468.12
Long-Term Investments	2.91	2.5	3.44	3.93	9.79	50.73
Goodwill	99.72	100.45	99.29	110.09	110.49	104.65
Other Intangible Assets	1.58	1.61	1.79	2.03	0.37	0.43
Long-Term Deferred Tax Assets	0.49	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	352.19	361.8	398.63	441.97	439.98	410.15
Total Assets	1,082	1,100	1,150	1,281	1,382	1,174
Accounts Payable	2.76	2.55	2.29	4.34	3.39	4.03
Accrued Expenses	21.16	21.83	22.07	25.29	24.3	12.13
Current Portion of Long-Term Debt	46.69	54.43	176	166.38	299.2	161.41
Current Portion of Leases	2.09	3.34	2.79	0.86	2.11	1.68
Current Income Taxes Payable	14.89	14.93	15.63	18.89	10.49	10.02
Current Unearned Revenue	44	22.33	22.72	28.33	14.89	14.7
Other Current Liabilities	27.25	50.05	28.29	31.25	59.26	30.36
Total Current Liabilities	158.84	169.46	269.8	275.32	413.63	234.33
Long-Term Debt	165.43	170.84	99.52	134.83	92.18	173.25
Long-Term Leases	9.24	9.38	10.38	1.48	2.53	3.68
Long-Term Deferred Tax Liabilities	61.19	63.52	64.93	70.54	74.35	56.98
Other Long-Term Liabilities	5.33	5.03	9.59	13.47	16.13	23.97
Total Liabilities	400.03	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	124.27	116.55	136.22	141.53	131.92	115.53
Treasury Stock	-39.33	-39.45	-39.58	-39.68	-39.68	-39.68
Comprehensive Income & Other	-48.88	-41.72	-51.02	18.99	24.81	-12.37
Total Common Equity	590.66	589.98	599.96	675.17	671.38	617.81
Minority Interest	90.91	91.88	95.86	110.06	112.14	63.77
Shareholders' Equity	681.57	681.86	695.83	785.22	783.52	681.58
Total Liabilities & Equity	1,082	1,100	1,150	1,281	1,382	1,174
Total Debt	223.45	237.99	288.69	303.54	396.01	340.02
Net Cash (Debt)	-188.02	-204.92	-227.6	-234.08	-304.35	-295.51
Net Cash Per Share	-0.14	-0.15	-0.17	-0.17	-0.22	-0.21
Filing Date Shares Outstanding	1,390	1,388	1,385	1,379	1,379	1,379
Total Common Shares Outstanding	1,390	1,388	1,380	1,379	1,379	1,379
Working Capital	-12.83	-16.78	-111.58	-158.58	-196.43	-96.94
Book Value Per Share	0.42	0.43	0.43	0.49	0.49	0.45
Tangible Book Value	489.36	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	523.15	661.22	619.83	505.9
Machinery	-	39.07	37.24	40.76	40.56	38.86
Construction In Progress	-	7.71	6.63	6.89	28.6	9.14

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