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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2.45	3.32	5.48	9.65	13.36	1.12
Short-Term Investments	28.28	13.95	49.73	58.2	22.46	43.36
Cash & Short-Term Investments	30.73	17.27	55.2	67.85	35.82	44.48
Cash Growth	-1.41%	-68.71%	-18.65%	89.44%	-19.47%	-
Accounts Receivable	65.09	89.03	82.1	68.64	59.57	67.26
Other Receivables	8.78	1.41	3.54	2.71	0.11	9.93
Receivables	73.87	90.44	85.64	71.35	59.68	77.2
Inventory	38.57	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	143.17	159.19	199.93	194.7	144.57	158.82
Property, Plant & Equipment	111.31	111	76.92	48.73	44.67	47.11
Long-Term Investments	10.46	11.52	-	-	-	-
Goodwill	-	6.4	6.4	-	-	-
Other Intangible Assets	10.4	5.93	6.64	4.78	4.75	4.67
Long-Term Deferred Tax Assets	2.12	2.11	2.07	1.64	1.36	1.24
Total Assets	277.46	296.14	291.96	249.83	195.35	211.85
Accounts Payable	27.71	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	23.15	9.55	12.75	16.96	16.58	17.47
Current Portion of Leases	2.05	2.19	3.18	4.26	5.1	4.92
Current Income Taxes Payable	3.35	0.57	0.61	0.81	5.51	1.79
Current Unearned Revenue	-	3.94	4.32	-	0.09	0.03
Other Current Liabilities	13.18	3.72	5.51	4.19	6.22	4.3
Total Current Liabilities	69.43	108.43	117.49	68.67	83.82	83.47
Long-Term Debt	7.17	10.83	22.12	34.87	51.83	60.08
Long-Term Leases	3.27	4.3	3.95	7.13	11.39	16.48
Long-Term Deferred Tax Liabilities	2.62	1.09	1.32	1.2	0.92	1
Other Long-Term Liabilities	-	-	0.81	-	-	-
Total Liabilities	84.06	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	107.09	83.79	58.63	50.63	33.18	36.31
Comprehensive Income & Other	-0.95	-1.11	-1.67	-2.11	-1.64	-1.76
Shareholders' Equity	193.39	169.93	144.23	135.79	45.95	48.95
Total Liabilities & Equity	277.46	296.14	291.96	249.83	195.35	211.85
Total Debt	35.63	73.79	103.52	79.17	112.11	124.71
Net Cash (Debt)	-4.9	-56.52	-48.32	-11.32	-76.29	-80.23
Net Cash Per Share	-0.34	-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	73.73	50.76	82.44	126.03	60.75	75.35
Book Value Per Share	13.29	11.68	9.91	9.32	3.99	4.25
Tangible Book Value	183	157.61	131.19	131.01	41.2	44.28
Tangible Book Value Per Share	12.58	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.