Serial System Ltd (SGX: S69)

Serial System Balance Sheet

Financials in millions USD. 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	36.42	37.08	35.98	50.96	64.74	47.11
Short-Term Investments	-	1.35	3.1	2.54	2.68	1.15
Trading Asset Securities	5.4	7.66	9.81	10.72	15.91	33.92
Cash & Short-Term Investments	41.82	46.08	48.88	64.22	83.33	82.17
Cash Growth	-7.79%	-5.73%	-23.88%	-22.94%	1.40%	-37.15%
Accounts Receivable	151.25	153.12	169.9	159.14	134.8	105.61
Other Receivables	9.58	6.94	8.45	7.14	7.31	16.98
Receivables	160.83	160.06	178.35	169.65	146.61	127.54
Inventory	111.02	126.59	162.97	133.69	107.69	120.08
Prepaid Expenses	-	2.06	1.79	1.69	2.28	2.43
Other Current Assets	11.6	6.87	6.32	4.38	0.88	-
Total Current Assets	325.27	341.66	398.32	373.62	340.78	332.22
Property, Plant & Equipment	27.42	29.07	30.42	33.98	33.8	35.28
Long-Term Investments	15.89	15.15	15.8	16.22	10.49	7.74
Goodwill	3.12	3.16	3.14	3.13	2.94	6.96
Other Intangible Assets	0.26	0.42	0.38	0.35	0.43	0.54
Long-Term Deferred Tax Assets	1.41	1.71	0.87	1	0.96	0.65
Other Long-Term Assets	8.74	8.32	8.6	9.51	7.31	6.27
Total Assets	382.11	399.48	457.52	437.8	396.72	389.66
Accounts Payable	64.44	45.68	70.75	66.06	70.77	68.59
Short-Term Debt	-	140.34	148.98	125.38	84.02	78.92
Current Portion of Long-Term Debt	165.45	41.87	47.4	41.53	44.74	40.16
Current Portion of Leases	-	1.09	1.55	1.53	0.85	1.92
Current Income Taxes Payable	0.69	1.03	1.39	1.38	0.95	2.44
Current Unearned Revenue	8.65	8.18	9.83	5.9	0.6	0.52
Other Current Liabilities	13.69	15.97	20.29	16.42	32.05	38.15
Total Current Liabilities	252.92	254.16	300.19	258.2	233.99	230.7
Long-Term Debt	3.5	10.94	6.4	14.76	9.21	9.51
Long-Term Leases	0	1.05	0.87	2.02	0.49	0.86
Long-Term Deferred Tax Liabilities	1.2	1.2	1.23	1.03	0.9	0.71
Total Liabilities	258.01	267.65	308.89	276.4	244.98	242.42
Common Stock	72.65	72.65	72.65	72.65	72.65	72.65
Retained Earnings	44.38	49.56	64.39	72	63.06	63.69
Treasury Stock	-0.07	-0.07	-0.07	-0.07	-0.74	-0.74
Comprehensive Income & Other	1.1	2.6	2.01	6.2	6.66	3.69
Total Common Equity	118.06	124.74	138.98	150.77	141.63	139.3
Minority Interest	6.04	7.1	9.65	10.62	10.1	7.94
Shareholders' Equity	124.1	131.83	148.63	161.4	151.74	147.23
Total Liabilities & Equity	382.11	399.48	457.52	437.8	396.72	389.66
Total Debt	168.95	195.29	205.19	185.21	139.32	131.37
Net Cash (Debt)	-127.13	-149.21	-156.31	-121	-55.99	-49.2
Net Cash Per Share	-0.14	-0.16	-0.17	-0.13	-0.06	-0.05
Filing Date Shares Outstanding	904.84	904.84	904.84	904.84	895.84	895.84
Total Common Shares Outstanding	904.84	904.84	904.84	904.84	895.84	895.84
Working Capital	72.35	87.5	98.12	115.42	106.8	101.52
Book Value Per Share	0.13	0.14	0.15	0.17	0.16	0.16
Tangible Book Value	114.67	121.15	135.46	147.3	138.26	131.8
Tangible Book Value Per Share	0.13	0.13	0.15	0.16	0.15	0.15
Land	-	3.28	3.28	3.29	3.48	3.33
Buildings	-	36.25	35.64	45.78	43.55	41.81
Machinery	-	10.1	10.01	9.86	9.81	9.35

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