Neto M.E Holdings Ltd (TLV: NTO)

Neto M.E Holdings 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	3.63	6.24	8.44	13.49	88.36	19.66
Short-Term Investments	0.13	0.04	0.02	-	-	-
Cash & Short-Term Investments	3.76	6.28	8.46	13.49	88.36	19.66
Cash Growth	-76.13%	-25.70%	-37.31%	-84.74%	349.40%	-70.83%
Accounts Receivable	1,160	977.43	1,031	931.76	795.09	747.17
Other Receivables	63.1	60.25	34.26	9.48	75.6	18.54
Receivables	1,223	1,064	1,095	969.63	891.98	787.47
Inventory	379.86	493	479.8	449.31	430.57	365.6
Prepaid Expenses	-	5.2	2.32	2.15	2.8	2.72
Other Current Assets	-	0.95	3.68	8.27	2.2	2.56
Total Current Assets	1,606	1,569	1,589	1,443	1,416	1,178
Property, Plant & Equipment	272.11	275.24	250.4	173.26	189.2	205.43
Long-Term Investments	57.1	55.74	52.82	60.6	21.83	160.12
Goodwill	-	3.6	3.6	2.64	3.38	3.38
Other Intangible Assets	12.85	9.85	10.73	11.42	12.62	13.89
Long-Term Deferred Tax Assets	2.76	3.04	2.29	1.34	4.9	4.97
Other Long-Term Assets	6.62	6.7	7.19	-	0.23	0.45
Total Assets	1,960	1,926	1,918	1,695	1,654	1,573
Accounts Payable	317.75	276.32	220.08	281.5	303.25	273.58
Accrued Expenses	8.98	30.17	30.27	29.42	28.38	24.44
Short-Term Debt	341.78	481.2	708.79	593.18	378.46	399.47
Current Portion of Long-Term Debt	-	11.23	-	-	-	-
Current Portion of Leases	3.59	6.52	6.5	2.39	2.93	3.41
Current Income Taxes Payable	2.03	0.23	0.39	30.03	19.87	14.67
Current Unearned Revenue	-	0.24	-	-	-	-
Other Current Liabilities	52.35	6.32	5.45	7.53	5.74	5.88
Total Current Liabilities	726.48	812.24	971.49	944.04	738.64	721.45
Long-Term Debt	121.44	87.71	0.23	-	-	-
Long-Term Leases	56.86	62.61	70.29	15.22	22.82	26.74
Long-Term Deferred Tax Liabilities	5.78	6.21	6.12	7.11	1.76	2.13
Other Long-Term Liabilities	-	-	1.06	0.93	2.17	3.14
Total Liabilities	927.23	983.26	1,064	982.54	781.29	765.69
Common Stock	15.65	15.65	15.64	15.64	15.64	15.64
Additional Paid-In Capital	33.86	33.86	33.41	15.99	70.53	70.5
Retained Earnings	246.19	204.76	160.12	97.81	263.1	393.89
Treasury Stock	-35.91	-35.91	-28.65	-28.65	-28.65	-28.65
Comprehensive Income & Other	53.18	52.3	51.41	58.45	44.03	24.48
Total Common Equity	312.97	270.65	231.94	159.23	364.65	475.86
Minority Interest	719.3	671.65	621.58	552.89	507.84	331.43
Shareholders' Equity	1,032	942.29	853.52	712.13	872.49	807.29
Total Liabilities & Equity	1,960	1,926	1,918	1,695	1,654	1,573
Total Debt	523.68	649.27	785.8	610.79	404.21	429.62
Net Cash (Debt)	-519.92	-642.99	-777.35	-597.3	-315.86	-409.96
Net Cash Per Share	-156.31	-193.26	-226.10	-174.09	-92.68	-120.33
Filing Date Shares Outstanding	3.33	3.33	3.42	3.42	3.41	3.41
Total Common Shares Outstanding	3.33	3.33	3.42	3.42	3.41	3.41
Working Capital	879.93	757.01	617.3	498.8	677.27	456.55
Book Value Per Share	94.02	81.24	67.81	46.54	108.72	139.72
Tangible Book Value	300.12	257.2	217.62	145.18	348.66	458.6
Tangible Book Value Per Share	90.16	77.21	63.62	42.43	103.95	134.65
Buildings	-	141.74	139.76	137.34	195.17	192.49
Machinery	-	496.14	471.44	455.12	448.05	449.53
Leasehold Improvements	-	79.92	53.66	35.81	38.75	38.95

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