Avarga Limited (SGX: U09)

Avarga 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	92.21	172.09	99.82	88.26	19.04	19.25
Short-Term Investments	-	0.07	0.08	0.07	0.09	0.78
Cash & Short-Term Investments	92.21	172.17	99.89	88.33	19.13	20.02
Cash Growth	57.84%	72.36%	13.09%	361.79%	-4.48%	-11.61%
Accounts Receivable	208.57	129.63	134.03	165.29	161.74	110.86
Other Receivables	18.05	20.03	25.04	9.06	5.81	3.28
Receivables	226.62	149.66	159.07	174.35	167.54	114.13
Inventory	194.03	182.69	234.5	242.56	202.67	169.48
Prepaid Expenses	4.37	5.6	5.19	4.68	3.78	3.14
Other Current Assets	11.9	-	0.22	-	-	-
Total Current Assets	529.14	510.11	498.87	509.92	393.13	306.78
Property, Plant & Equipment	137.52	136.5	156.77	173.94	170.36	174.81
Long-Term Investments	11.6	11.21	0.22	0.61	2.29	2.46
Goodwill	31.55	31.38	31.47	33.01	32.3	32.32
Other Intangible Assets	12.46	13.33	18.51	24.2	28.86	34.23
Long-Term Accounts Receivable	-	-	11.89	17.86	23.76	24.51
Long-Term Deferred Tax Assets	5.73	5.41	8.07	8.46	0.28	0.2
Total Assets	727.99	707.94	725.8	767.98	650.97	575.3
Accounts Payable	128.55	45.26	44.83	59.37	59.07	46.6
Accrued Expenses	-	77.26	99.18	108.76	73	29.15
Short-Term Debt	14.47	-	-	-	9.07	42.28
Current Portion of Long-Term Debt	-	26.74	31.02	53.87	45.4	40.59
Current Portion of Leases	6.1	5.67	5.56	5.73	4.77	4.75
Current Income Taxes Payable	-	0.04	0.28	33.65	4.95	14.75
Other Current Liabilities	2.72	6.34	6.09	1.89	1.04	0.97
Total Current Liabilities	151.84	161.31	186.96	263.26	197.3	179.08
Long-Term Debt	-	-	-	9.14	24.84	28.26
Long-Term Leases	91.43	89.58	91.42	100.01	94.78	95.23
Long-Term Unearned Revenue	2.04	2.12	2.22	2.51	2.58	2.68
Long-Term Deferred Tax Liabilities	6.41	6.74	12.44	15.81	24.12	16.63
Other Long-Term Liabilities	0.09	0.15	0.26	0.39	0.49	0.59
Total Liabilities	251.81	259.89	293.3	391.12	344.1	322.48
Common Stock	169.6	169.6	169.6	169.6	169.6	169.58
Retained Earnings	236.49	219.33	208.04	157.13	98.49	54.65
Treasury Stock	-12.13	-12.13	-12.13	-12.12	-2.21	-0.63
Comprehensive Income & Other	-37.35	-40.36	-36.46	-20.79	-23.39	-22.4
Total Common Equity	356.61	336.44	329.04	293.82	242.5	201.21
Minority Interest	119.57	111.61	103.47	83.05	64.37	51.62
Shareholders' Equity	476.18	448.05	432.51	376.86	306.87	252.83
Total Liabilities & Equity	727.99	707.94	725.8	767.98	650.97	575.3
Total Debt	112.01	121.99	128	168.75	178.87	211.11
Net Cash (Debt)	-19.8	50.17	-28.11	-80.42	-159.74	-191.08
Net Cash Per Share	-0.02	0.06	-0.03	-0.09	-0.17	-0.20
Filing Date Shares Outstanding	908.31	908.31	908.31	908.36	930.07	947.11
Total Common Shares Outstanding	908.31	908.31	908.31	908.36	940.81	947.07
Working Capital	377.3	348.8	311.92	246.66	195.83	127.7
Book Value Per Share	0.39	0.37	0.36	0.32	0.26	0.21
Tangible Book Value	312.61	291.73	279.07	236.62	181.34	134.66
Tangible Book Value Per Share	0.34	0.32	0.31	0.26	0.19	0.14
Land	-	147.7	145.06	152.46	141.87	143.01
Machinery	-	100.39	100.39	97	93.35	87.26
Construction In Progress	-	-	-	0.1	-	-

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