Covalon Technologies Ltd. (TSXV:COV)

Covalon Technologies Balance Sheet

Financials in millions CAD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Cash & Equivalents	17.5	16.75	8.79	15.43	25.5	3.51
Cash & Short-Term Investments	17.5	16.75	8.79	15.43	25.5	3.51
Cash Growth	111.01%	90.42%	-43.01%	-39.47%	626.98%	-63.37%
Accounts Receivable	5.36	3.65	6.16	4.73	6.4	3.33
Other Receivables	0.17	0.26	-	-	-	-
Receivables	5.53	3.91	6.16	4.73	6.4	3.33
Inventory	8.57	7.7	5.94	4.97	4.7	7.2
Prepaid Expenses	0.45	0.69	0.39	2.1	0.85	0.81
Total Current Assets	32.05	29.04	21.29	27.23	37.44	14.85
Property, Plant & Equipment	1.2	1.18	1.68	1.87	2.11	4.64
Goodwill	-	-	-	-	-	13.02
Other Intangible Assets	1.52	1.38	1.44	0.99	0.52	1.65
Long-Term Deferred Charges	-	0.06	0.35	0.29	0.38	0.51
Other Long-Term Assets	0.05	0.15	0.14	-	0.14	0.04
Total Assets	34.82	31.81	24.9	30.38	40.58	34.7
Accounts Payable	3.38	3.32	4.46	3.72	4.04	3.9
Short-Term Debt	-	-	-	-	-	7.65
Current Portion of Long-Term Debt	-	-	-	-	-	10.07
Current Portion of Leases	0.57	0.6	0.64	0.61	0.54	0.52
Current Unearned Revenue	-	0.07	0.08	0.21	0.41	0.5
Total Current Liabilities	3.95	4	5.19	4.54	5	22.64
Long-Term Leases	0.22	0.3	0.92	1.56	2.05	2.66
Long-Term Unearned Revenue	-	-	-	0.05	0.16	0.29
Other Long-Term Liabilities	-	0	-	-	-	-
Total Liabilities	4.17	4.3	6.11	6.15	7.21	25.59
Common Stock	51.75	51.75	42.77	43.84	44.68	44.61
Additional Paid-In Capital	8.41	8.32	11.44	11.28	11.83	11.65
Retained Earnings	-34.49	-35.7	-38.37	-33.91	-24.24	-47.72
Comprehensive Income & Other	4.98	3.13	2.95	3.01	1.11	0.57
Shareholders' Equity	30.65	27.5	18.79	24.23	33.37	9.11
Total Liabilities & Equity	34.82	31.81	24.9	30.38	40.58	34.7
Total Debt	0.78	0.9	1.56	2.17	2.59	20.9
Net Cash (Debt)	16.71	15.85	7.23	13.26	22.9	-17.4
Net Cash Growth	141.67%	119.09%	-45.47%	-42.09%	-	-
Net Cash Per Share	0.66	0.63	0.29	0.51	0.89	-0.67
Filing Date Shares Outstanding	30.15	27.4	24.67	25.07	25.87	25.82
Total Common Shares Outstanding	30.15	27.4	24.67	25.29	25.87	25.82
Working Capital	28.1	25.04	16.1	22.69	32.44	-7.79
Book Value Per Share	1.02	1.00	0.76	0.96	1.29	0.35
Tangible Book Value	29.13	26.13	17.35	23.24	32.85	-5.56
Tangible Book Value Per Share	0.97	0.95	0.70	0.92	1.27	-0.22
Machinery	-	3.17	3.2	2.68	3.38	3.65
Leasehold Improvements	-	0.38	0.38	0.38	0.44	0.48

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