Golan Renewable Industries Ltd (TLV: GRIN)

TLV: GRIN 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	5.46	5.03	17.81	8.04	22.04	5.56
Short-Term Investments	13.89	0.34	0.26	0.21	0.17	0.42
Trading Asset Securities	-	13.09	12.54	13.88	13.01	12.67
Cash & Short-Term Investments	19.34	18.45	30.6	22.13	35.21	18.66
Cash Growth	-5.45%	-39.70%	38.30%	-37.15%	88.72%	25.95%
Accounts Receivable	153.98	137.82	152.71	153.48	134.51	129.07
Other Receivables	12.43	4.29	8.39	2.72	2.44	1.27
Receivables	166.41	142.12	161.1	156.2	136.95	130.34
Inventory	97.76	110.84	105.23	72.72	62.95	66.59
Prepaid Expenses	-	5.6	2.57	2.08	1.9	1.1
Other Current Assets	-	-	-	-	5.4	-
Total Current Assets	283.51	277.01	299.49	253.12	242.4	216.68
Property, Plant & Equipment	208.24	193.13	169.27	169.94	180.3	163.05
Long-Term Investments	28.76	25.65	22.53	15.34	17.79	15.94
Goodwill	5.89	5.76	5.51	5.28	5.7	6.13
Other Intangible Assets	-	-	-	-	-	0.89
Other Long-Term Assets	-	-	-	-	-	0.16
Total Assets	526.4	501.54	496.8	443.68	446.18	402.84
Accounts Payable	40.12	19.6	39.45	32.62	26.63	25.09
Accrued Expenses	-	19.05	18.68	19.56	18.72	16.41
Short-Term Debt	28.43	22.4	19.92	16.51	23.25	24.66
Current Portion of Long-Term Debt	-	19.41	12.81	12.15	13.31	12.49
Current Portion of Leases	11.03	9.82	8.47	8.54	8.07	6.8
Current Income Taxes Payable	0.87	0.43	1.25	1.14	1.9	0.51
Other Current Liabilities	26.37	7.6	2.45	2.41	16.88	1.77
Total Current Liabilities	106.82	98.3	103.03	92.92	108.76	87.73
Long-Term Debt	29.15	33.06	32.2	32.7	28.97	27.03
Long-Term Leases	57.93	60.88	65.63	68.39	73.55	71.83
Long-Term Deferred Tax Liabilities	3.13	3.04	2.99	3.51	3.28	4.11
Other Long-Term Liabilities	-	-	-	-	-	0.26
Total Liabilities	197.34	195.64	203.86	197.86	214.65	191.35
Common Stock	34.23	34.23	34.23	34.23	34.23	34.23
Additional Paid-In Capital	78.4	78.4	69.88	69.88	69.88	69.88
Retained Earnings	206.3	184.51	190.85	148.52	126.31	110.22
Comprehensive Income & Other	-4.35	-4.9	-7.36	-11.1	-5.44	-4.61
Total Common Equity	314.58	292.24	287.6	241.53	224.98	209.71
Minority Interest	14.48	13.66	5.34	4.29	6.55	1.78
Shareholders' Equity	329.06	305.9	292.94	245.82	231.53	211.49
Total Liabilities & Equity	526.4	501.54	496.8	443.68	446.18	402.84
Total Debt	126.54	145.57	139.02	138.29	147.13	142.81
Net Cash (Debt)	-107.2	-127.12	-108.42	-116.16	-111.93	-124.15
Net Cash Per Share	-3.32	-3.71	-3.17	-3.39	-3.27	-3.63
Filing Date Shares Outstanding	34.5	34.23	34.23	34.23	34.23	34.23
Total Common Shares Outstanding	34.5	34.23	34.23	34.23	34.23	34.23
Working Capital	176.69	178.71	196.46	160.2	133.64	128.95
Book Value Per Share	9.12	8.54	8.40	7.06	6.57	6.13
Tangible Book Value	308.69	286.49	282.1	236.26	219.28	202.69
Tangible Book Value Per Share	8.95	8.37	8.24	6.90	6.41	5.92
Land	-	26.82	15.94	14.44	20.21	11.47
Machinery	-	334.27	307.04	294.98	285.23	266.89

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