Golan Renewable Industries Ltd (TLV: GRIN)

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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	8.56	5.03	17.81	8.04	22.04	5.56
Short-Term Investments	13.59	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	22.14	18.45	30.6	22.13	35.21	18.66
Cash Growth	-29.31%	-39.70%	38.30%	-37.15%	88.72%	25.95%
Accounts Receivable	135.81	137.82	152.71	153.48	134.51	129.07
Other Receivables	11.83	4.29	8.39	2.72	2.44	1.27
Receivables	147.64	142.12	161.1	156.2	136.95	130.34
Inventory	104.4	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	274.18	277.01	299.49	253.12	242.4	216.68
Property, Plant & Equipment	204.78	193.13	169.27	169.94	180.3	163.05
Long-Term Investments	26.44	25.65	22.53	15.34	17.79	15.94
Goodwill	5.76	5.76	5.51	5.28	5.7	6.13
Other Intangible Assets	-	-	-	-	-	0.89
Other Long-Term Assets	-	-	-	-	-	0.16
Total Assets	511.16	501.54	496.8	443.68	446.18	402.84
Accounts Payable	39.37	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	29.07	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	10.75	9.82	8.47	8.54	8.07	6.8
Current Income Taxes Payable	-	0.43	1.25	1.14	1.9	0.51
Other Current Liabilities	22.59	7.6	2.45	2.41	16.88	1.77
Total Current Liabilities	101.78	98.3	103.03	92.92	108.76	87.73
Long-Term Debt	27.27	33.06	32.2	32.7	28.97	27.03
Long-Term Leases	59.43	60.88	65.63	68.39	73.55	71.83
Long-Term Deferred Tax Liabilities	3.07	3.04	2.99	3.51	3.28	4.11
Other Long-Term Liabilities	-	-	-	-	-	0.26
Total Liabilities	191.86	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	197.68	184.51	190.85	148.52	126.31	110.22
Comprehensive Income & Other	-5.5	-4.9	-7.36	-11.1	-5.44	-4.61
Total Common Equity	304.81	292.24	287.6	241.53	224.98	209.71
Minority Interest	14.49	13.66	5.34	4.29	6.55	1.78
Shareholders' Equity	319.3	305.9	292.94	245.82	231.53	211.49
Total Liabilities & Equity	511.16	501.54	496.8	443.68	446.18	402.84
Total Debt	126.52	145.57	139.02	138.29	147.13	142.81
Net Cash (Debt)	-104.38	-127.12	-108.42	-116.16	-111.93	-124.15
Net Cash Per Share	-3.02	-3.71	-3.17	-3.39	-3.27	-3.63
Filing Date Shares Outstanding	34.23	34.23	34.23	34.23	34.23	34.23
Total Common Shares Outstanding	34.23	34.23	34.23	34.23	34.23	34.23
Working Capital	172.4	178.71	196.46	160.2	133.64	128.95
Book Value Per Share	8.90	8.54	8.40	7.06	6.57	6.13
Tangible Book Value	299.05	286.49	282.1	236.26	219.28	202.69
Tangible Book Value Per Share	8.74	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.