Elspec Engineering Ltd (TLV: ELSPC)

Elspec Engineering Balance Sheet

Financials in millions ILS. 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	8.38	7.42	10.53	11.78	14.61	10.23
Short-Term Investments	11.16	11.72	12.55	18.19	17.07	17.56
Cash & Short-Term Investments	19.54	19.14	23.07	29.97	31.68	27.79
Cash Growth	-6.14%	-17.03%	-23.01%	-5.39%	14.01%	108.27%
Accounts Receivable	20.64	16.71	12.88	11.3	9	18.01
Other Receivables	2.78	0.74	0.43	0.77	0.71	0.92
Receivables	23.42	17.45	13.32	12.07	9.71	18.93
Inventory	39.49	36.11	29.87	24.77	20.15	18.09
Prepaid Expenses	-	0.51	0.57	0.76	0.61	0.53
Other Current Assets	-	0.73	0.67	0.39	0.57	0.37
Total Current Assets	82.45	73.95	67.51	67.96	62.71	65.7
Property, Plant & Equipment	16.14	12.41	11.35	9.28	8.56	9.43
Long-Term Investments	0.93	0.86	0.84	0.72	0.89	0.75
Other Intangible Assets	11.69	1.42	1	0.07	-	-
Long-Term Deferred Tax Assets	1.5	1.5	1.4	1.4	1.4	1.4
Long-Term Deferred Charges	-	10.21	10.1	9.9	10.38	11.52
Other Long-Term Assets	0.35	0.35	0.57	0.25	0.26	0.15
Total Assets	113.05	100.7	92.75	89.58	84.2	88.96
Accounts Payable	6.52	6.18	4.74	7.1	4.27	6.11
Accrued Expenses	-	6.58	5.6	5.09	4.72	5.53
Short-Term Debt	-	-	0.11	0.41	0.04	2.14
Current Portion of Long-Term Debt	0.84	1.34	2.08	2.2	2.2	2.2
Current Portion of Leases	1.45	0.83	0.7	0.43	0.41	0.45
Current Income Taxes Payable	-	-	-	0.01	0.04	0.15
Current Unearned Revenue	-	0.44	0.25	0.14	0.72	1.06
Other Current Liabilities	11.9	4.86	7.79	3.11	2.27	3.4
Total Current Liabilities	20.7	20.23	21.25	18.47	14.66	21.04
Long-Term Debt	1.31	1.48	2.7	2.91	5.11	7.31
Long-Term Leases	3.4	0.75	1.35	1.23	1.32	1.65
Long-Term Unearned Revenue	1.06	1.07	0.85	0.19	0.17	0.6
Total Liabilities	27.38	24.39	26.99	23.59	22.04	31.38
Common Stock	0.19	0.19	0.19	0.19	0.19	0.19
Additional Paid-In Capital	34.54	34.54	33.96	33.96	33.96	33.49
Retained Earnings	58.35	49.22	39.19	40.21	35.95	31.63
Treasury Stock	-5.98	-5.98	-5.98	-5.98	-5.98	-5.98
Comprehensive Income & Other	-1.72	-1.95	-1.88	-2.67	-2.39	-2.11
Total Common Equity	85.39	76.03	65.49	65.71	61.74	57.23
Minority Interest	0.28	0.28	0.28	0.28	0.42	0.35
Shareholders' Equity	85.67	76.31	65.77	65.99	62.16	57.58
Total Liabilities & Equity	113.05	100.7	92.75	89.58	84.2	88.96
Total Debt	7	4.39	6.94	7.17	9.08	13.75
Net Cash (Debt)	12.54	14.76	16.14	22.8	22.6	14.04
Net Cash Growth	-17.93%	-8.56%	-29.23%	0.89%	60.97%	146.78%
Net Cash Per Share	0.65	0.76	0.83	1.17	1.16	0.72
Filing Date Shares Outstanding	19.43	19.42	19.42	19.42	19.35	20.05
Total Common Shares Outstanding	19.43	19.42	19.42	19.42	19.35	20.05
Working Capital	61.75	53.72	46.25	49.49	48.05	44.67
Book Value Per Share	4.40	3.91	3.37	3.38	3.19	2.85
Tangible Book Value	73.71	74.61	64.49	65.64	61.74	57.23
Tangible Book Value Per Share	3.79	3.84	3.32	3.38	3.19	2.85
Land	-	8.31	7.52	7.5	7.25	7.25
Machinery	-	25.92	24.07	21.94	20.77	20.13
Leasehold Improvements	-	3.03	3.04	2.38	2.29	2.29

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