Element Fleet Management Corp. (TSX:EFN)

Element Fleet Management Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	168.74	128.85	96.42	50.89	35.77	6.9
Trading Asset Securities	-	23.98	61.69	81.28	15.85	36.68
Cash & Short-Term Investments	168.74	152.83	158.11	132.17	51.62	43.58
Cash Growth	34.35%	-3.34%	19.63%	156.02%	18.47%	-13.19%
Accounts Receivable	8,759	5,850	5,699	4,849	6,038	6,973
Other Receivables	-	543.74	512.41	396.88	-	217.59
Receivables	8,759	6,394	6,212	5,246	6,038	7,191
Restricted Cash	-	279.78	254.22	320.17	316.82	305.27
Other Current Assets	451.26	1,452	1,235	891.67	4.93	496.52
Total Current Assets	9,379	8,279	7,859	6,590	6,411	8,036
Property, Plant & Equipment	2,842	2,548	2,749	2,134	1,889	1,781
Goodwill	1,033	1,030	957.91	956.9	964.83	960.09
Other Intangible Assets	617.83	642.47	638.41	638.83	655.88	639.13
Long-Term Deferred Tax Assets	211.36	201.11	226.77	270	330.08	348.55
Total Assets	14,083	12,701	12,431	10,590	10,252	11,765
Accounts Payable	1,477	1,142	1,043	975.52	853.04	729.32
Accrued Expenses	-	106.06	81.97	47.24	42.66	37.94
Short-Term Debt	-	-	-	-	-	53.59
Current Portion of Long-Term Debt	750	412.83	650.26	60.39	22.58	-
Current Portion of Leases	-	5.11	-	-	-	66.68
Other Current Liabilities	114.67	8.74	5.42	12.34	-	-
Total Current Liabilities	2,342	1,674	1,781	1,095	918.27	887.53
Long-Term Debt	8,752	8,064	7,518	6,629	6,478	7,863
Long-Term Leases	-	85.45	82.8	47.49	57.73	-
Long-Term Deferred Tax Liabilities	160.88	102.86	105.1	97.92	70.57	45.34
Total Liabilities	11,255	9,926	9,487	7,870	7,525	8,796
Common Stock	2,244	2,264	2,109	2,119	2,332	2,496
Additional Paid-In Capital	-	-	-	-	-	40.64
Retained Earnings	812.58	650.4	424.65	95.53	-17.81	-50.27
Comprehensive Income & Other	-227.51	-140.14	229	235.32	7.92	81.73
Total Common Equity	2,829	2,774	2,763	2,450	2,322	2,568
Shareholders' Equity	2,829	2,774	2,944	2,720	2,727	2,970
Total Liabilities & Equity	14,083	12,701	12,431	10,590	10,252	11,765
Total Debt	9,502	8,567	8,251	6,737	6,558	7,983
Net Cash (Debt)	-9,333	-8,414	-8,093	-6,605	-6,507	-7,939
Net Cash Per Share	-23.16	-20.82	-19.97	-15.98	-14.81	-17.50
Filing Date Shares Outstanding	399.94	403.34	389.17	392.38	399.76	437.94
Total Common Shares Outstanding	400.52	404.5	389.17	392.5	399.76	437.94
Working Capital	7,037	6,605	6,078	5,495	5,493	7,149
Book Value Per Share	7.06	6.86	7.10	6.24	5.81	5.86
Tangible Book Value	1,178	1,102	1,166	854.25	701.77	968.87
Tangible Book Value Per Share	2.94	2.72	3.00	2.18	1.76	2.21
Machinery	-	46.82	42.46	62.31	62.01	59.93
Leasehold Improvements	-	22.87	20.96	12.05	13.52	13.67

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.