Overseas Education Limited (SGX: RQ1)

Overseas Education 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	34.35	55.68	50.35	38.42	44.18	45.5
Trading Asset Securities	0.18	0.36	0.32	-	-	-
Cash & Short-Term Investments	34.53	56.04	50.67	38.42	44.18	45.5
Cash Growth	12.64%	10.59%	31.88%	-13.03%	-2.90%	9.28%
Accounts Receivable	2.53	0.92	0.64	0.74	0.82	1.09
Other Receivables	0.5	0.11	0.01	2.06	0.32	0.01
Receivables	3.03	1.03	0.65	2.8	1.14	1.1
Inventory	0.5	0.45	0.47	0.44	0.41	0.42
Prepaid Expenses	1.23	1.62	1.1	1.02	0.97	1
Other Current Assets	-	0.19	0.35	0.19	0.35	0.2
Total Current Assets	39.28	59.32	53.24	42.88	47.06	48.22
Property, Plant & Equipment	215.94	221.57	226.65	236.76	244.54	253.81
Long-Term Investments	1.52	1.26	2.59	-	-	-
Other Intangible Assets	1.75	1.8	1.76	1.74	1.73	1.77
Other Long-Term Assets	1.03	0.87	0.86	0.77	0.61	1.04
Total Assets	259.52	284.82	285.11	282.15	293.95	304.83
Accounts Payable	0.48	0.98	0.38	0.22	0.37	0.27
Accrued Expenses	3.95	3.88	3.39	3.01	3.22	3.26
Current Portion of Long-Term Debt	7.05	7.11	7.02	6.14	6.13	6.84
Current Portion of Leases	4.13	4.26	3.07	3.31	2.84	2.96
Current Income Taxes Payable	3.43	3.12	2.38	2.36	3.36	2.76
Current Unearned Revenue	14.95	35.38	35.76	26.19	27.57	30.5
Other Current Liabilities	0.88	0.59	0.56	1	1.31	1.24
Total Current Liabilities	34.86	55.32	52.56	42.23	44.81	47.83
Long-Term Debt	80.35	83.37	89.41	95.45	101.5	107.54
Long-Term Leases	0.85	2.15	0.72	1.48	0.77	1.19
Long-Term Unearned Revenue	0.61	0.72	0.81	0.52	0.47	0.71
Long-Term Deferred Tax Liabilities	5.7	5.96	6.46	7.21	7.92	7.95
Total Liabilities	122.37	147.52	149.96	146.89	155.46	165.22
Common Stock	99.25	99.25	99.25	99.25	99.25	99.25
Retained Earnings	64.07	64.21	62.06	62.18	65.4	66.52
Comprehensive Income & Other	-26.17	-26.17	-26.17	-26.17	-26.17	-26.17
Shareholders' Equity	137.15	137.3	135.14	135.26	138.48	139.61
Total Liabilities & Equity	259.52	284.82	285.11	282.15	293.95	304.83
Total Debt	92.37	96.88	100.23	106.38	111.24	118.53
Net Cash (Debt)	-57.84	-40.85	-49.55	-67.96	-67.06	-73.04
Net Cash Per Share	-0.14	-0.10	-0.12	-0.16	-0.16	-0.18
Filing Date Shares Outstanding	415.36	415.36	415.36	415.36	415.36	415.36
Total Common Shares Outstanding	415.36	415.36	415.36	415.36	415.36	415.36
Working Capital	4.41	3.99	0.68	0.65	2.25	0.39
Book Value Per Share	0.33	0.33	0.33	0.33	0.33	0.34
Tangible Book Value	135.4	135.5	133.38	133.52	136.75	137.84
Tangible Book Value Per Share	0.33	0.33	0.32	0.32	0.33	0.33
Land	37.1	37.1	37.1	37.1	37.1	37.1
Buildings	182.79	182.79	182.79	182.79	182.79	182.79
Machinery	78.07	77.89	76.79	76.49	76.15	76.75

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