Primotec Group Ltd (TLV: PRMG)

Primotec Group 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	1.84	3.32	5.48	9.65	13.36	1.12
Short-Term Investments	19.72	13.95	49.73	58.2	22.46	43.36
Cash & Short-Term Investments	21.56	17.27	55.2	67.85	35.82	44.48
Cash Growth	16.25%	-68.71%	-18.65%	89.44%	-19.47%	-
Accounts Receivable	75.83	89.03	82.1	68.64	59.57	67.26
Other Receivables	13.34	1.41	3.54	2.71	0.11	9.93
Receivables	89.17	90.44	85.64	71.35	59.68	77.2
Inventory	36.82	43.43	48.09	46.53	41.38	32.93
Prepaid Expenses	-	0.45	0.47	0.42	0.39	0.23
Other Current Assets	-	7.6	10.54	8.55	7.31	3.98
Total Current Assets	147.55	159.19	199.93	194.7	144.57	158.82
Property, Plant & Equipment	111.23	111	76.92	48.73	44.67	47.11
Long-Term Investments	8.84	11.52	-	-	-	-
Goodwill	-	6.4	6.4	-	-	-
Other Intangible Assets	10.22	5.93	6.64	4.78	4.75	4.67
Long-Term Deferred Tax Assets	2.04	2.11	2.07	1.64	1.36	1.24
Total Assets	279.88	296.14	291.96	249.83	195.35	211.85
Accounts Payable	30.88	34.69	22.73	17.12	18.08	23.05
Accrued Expenses	-	6.85	6.88	9.39	5.04	6.15
Short-Term Debt	-	46.92	61.52	15.95	27.21	25.75
Current Portion of Long-Term Debt	23.64	9.55	12.75	16.96	16.58	17.47
Current Portion of Leases	2.07	2.19	3.18	4.26	5.1	4.92
Current Income Taxes Payable	4.2	0.57	0.61	0.81	5.51	1.79
Current Unearned Revenue	-	3.94	4.32	-	0.09	0.03
Other Current Liabilities	12.29	3.72	5.51	4.19	6.22	4.3
Total Current Liabilities	73.09	108.43	117.49	68.67	83.82	83.47
Long-Term Debt	5.81	10.83	22.12	34.87	51.83	60.08
Long-Term Leases	2.74	4.3	3.95	7.13	11.39	16.48
Long-Term Deferred Tax Liabilities	1.03	1.09	1.32	1.2	0.92	1
Other Long-Term Liabilities	-	-	0.81	-	-	-
Total Liabilities	84.07	126.21	147.74	114.05	149.4	162.9
Additional Paid-In Capital	87.26	87.26	87.26	87.26	14.41	14.41
Retained Earnings	109.25	83.79	58.63	50.63	33.18	36.31
Comprehensive Income & Other	-0.7	-1.11	-1.67	-2.11	-1.64	-1.76
Shareholders' Equity	195.81	169.93	144.23	135.79	45.95	48.95
Total Liabilities & Equity	279.88	296.14	291.96	249.83	195.35	211.85
Total Debt	34.27	73.79	103.52	79.17	112.11	124.71
Net Cash (Debt)	-12.71	-56.52	-48.32	-11.32	-76.29	-80.23
Net Cash Per Share	-0.87	-3.88	-3.32	-0.84	-6.62	-6.96
Filing Date Shares Outstanding	14.55	14.55	14.55	13.46	11.52	11.52
Total Common Shares Outstanding	14.55	14.55	14.55	13.46	11.52	11.52
Working Capital	74.46	50.76	82.44	126.03	60.75	75.35
Book Value Per Share	13.46	11.68	9.91	9.32	3.99	4.25
Tangible Book Value	185.59	157.61	131.19	131.01	41.2	44.28
Tangible Book Value Per Share	12.75	10.83	9.01	8.99	3.58	3.84
Land	-	82.16	62.01	34.63	24.02	22.02
Machinery	-	89.7	71.25	63.53	66.31	62.3
Leasehold Improvements	-	4.34	5.44	5.3	5.08	4.98

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