Magellan Aerospace Corporation (TSX: MAL)

Magellan Aerospace Balance Sheet

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2.22	1.49	40.94	32.48	113.94	69.64
Cash & Short-Term Investments	2.22	1.49	40.94	32.48	113.94	69.64
Cash Growth	-83.96%	-96.35%	26.04%	-71.49%	63.62%	9.98%
Accounts Receivable	285.69	251.6	201.06	206.59	171.3	226.05
Other Receivables	-	28.82	33.96	23.98	13.5	29.72
Total Receivables	285.69	280.42	235.02	230.57	184.79	255.77
Inventory	269.19	258.45	226.36	208.58	213.12	196.82
Prepaid Expenses	11.52	10.44	9.97	9.66	12.92	21.13
Total Current Assets	568.62	550.8	512.28	481.29	524.77	543.36
Gross Property, Plant & Equipment	-	974.86	979.84	953.33	951.34	944.79
Accumulated Depreciation	-	-588.28	-564.94	-522.1	-490.91	-460.99
Net Property, Plant & Equipment	388.05	386.58	414.91	431.23	460.44	483.79
Long-Term Investments	-	3.09	2.72	2.45	2.46	2.48
Goodwill	22.63	22.16	22.18	21.79	21.98	34.14
Other Intangible Assets	37.2	31.64	33.56	35.47	38.42	41.8
Long-Term Deferred Tax Assets	8.44	8.38	8.73	8.48	0.83	3.56
Long-Term Deferred Charges	-	5.77	7.86	12.3	16.73	23.57
Other Long-Term Assets	20.32	16.67	8.64	10.79	6.97	8.47
Total Assets	1,045	1,025	1,011	1,004	1,073	1,141
Accounts Payable	141.61	65.98	69.32	52.1	45.17	85.58
Accrued Expenses	-	72.86	62.29	49.95	47.83	53.16
Short-Term Debt	9.15	15.53	-	-	-	-
Current Portion of Long-Term Debt	8.79	4.62	6.17	5.88	43.51	41.87
Current Portion of Leases	-	4.82	5.48	5.71	6.59	6.27
Current Unearned Revenue	43.18	27.96	36.1	17.7	16.53	10.61
Other Current Liabilities	1.71	3.88	2.21	2.3	5.17	2.56
Total Current Liabilities	204.44	195.65	181.56	133.65	164.8	200.05
Long-Term Debt	22.96	24.17	23.93	26.86	29.85	30.97
Long-Term Leases	23.88	24.31	27.76	30.64	35.22	39.79
Long-Term Deferred Tax Liabilities	37.24	37.44	38.71	39.62	35.31	34.18
Other Long-Term Liabilities	5.37	5.32	6.45	6.19	5.95	6.54
Total Liabilities	294.62	287.66	279.16	237.99	286.72	325.29
Common Stock	249.93	250.15	251.1	252.34	252.34	254.44
Additional Paid-In Capital	15.61	15.61	15.61	15.61	15.61	15.61
Retained Earnings	451.67	446.95	442.98	479.97	492.68	516.91
Comprensive Income & Other	30.05	21.33	18.66	14.53	21.87	25.54
Total Common Equity	747.25	734.04	728.35	762.45	782.5	812.5
Minority Interest	3.38	3.38	3.38	3.38	3.38	3.38
Shareholders' Equity	750.63	737.42	731.73	765.82	785.88	815.88
Total Liabilities & Equity	1,045	1,025	1,011	1,004	1,073	1,141
Total Debt	64.78	73.45	63.34	69.09	115.17	118.91
Net Cash (Debt)	-62.57	-71.96	-22.4	-36.61	-1.23	-49.28
Net Cash Per Share	-1.09	-1.25	-0.39	-0.63	-0.02	-0.85
Filing Date Shares Outstanding	57.16	57.18	57.45	57.73	57.73	58.21
Total Common Shares Outstanding	57.16	57.23	57.45	57.73	57.73	58.21
Working Capital	364.18	355.15	330.73	347.65	359.96	343.3
Book Value Per Share	13.07	12.83	12.68	13.21	13.55	13.96
Tangible Book Value	687.43	680.24	672.61	705.18	722.1	736.56
Tangible Book Value Per Share	12.03	11.89	11.71	12.22	12.51	12.65
Land	-	23.44	24.46	23.85	20.93	21.43
Buildings	-	141.81	146.35	138.11	137.99	143.9
Machinery	-	782.75	778.21	756.98	752.33	734.76

Source: S&P Capital IQ. Standard template.