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	Sep 30, 2024	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Cash & Equivalents	16.75	16.75	8.79	15.43	25.5	3.51
Cash & Short-Term Investments	16.75	16.75	8.79	15.43	25.5	3.51
Cash Growth	90.42%	90.42%	-43.01%	-39.47%	626.98%	-63.37%
Accounts Receivable	3.65	3.65	6.16	4.73	6.4	3.33
Other Receivables	0.26	0.26	-	-	-	-
Receivables	3.91	3.91	6.16	4.73	6.4	3.33
Inventory	7.7	7.7	5.94	4.97	4.7	7.2
Prepaid Expenses	0.69	0.69	0.39	2.1	0.85	0.81
Total Current Assets	29.04	29.04	21.29	27.23	37.44	14.85
Property, Plant & Equipment	1.18	1.18	1.68	1.87	2.11	4.64
Goodwill	-	-	-	-	-	13.02
Other Intangible Assets	1.38	1.38	1.44	0.99	0.52	1.65
Long-Term Deferred Charges	0.06	0.06	0.35	0.29	0.38	0.51
Other Long-Term Assets	0.15	0.15	0.14	-	0.14	0.04
Total Assets	31.81	31.81	24.9	30.38	40.58	34.7
Accounts Payable	3.32	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	0.6	0.6	0.64	0.61	0.54	0.52
Current Unearned Revenue	0.07	0.07	0.08	0.21	0.41	0.5
Total Current Liabilities	4	4	5.19	4.54	5	22.64
Long-Term Leases	0.3	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	0	-	-	-	-
Total Liabilities	4.3	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	8.32	8.32	11.44	11.28	11.83	11.65
Retained Earnings	-35.7	-35.7	-38.37	-33.91	-24.24	-47.72
Comprehensive Income & Other	3.13	3.13	2.95	3.01	1.11	0.57
Shareholders' Equity	27.5	27.5	18.79	24.23	33.37	9.11
Total Liabilities & Equity	31.81	31.81	24.9	30.38	40.58	34.7
Total Debt	0.9	0.9	1.56	2.17	2.59	20.9
Net Cash (Debt)	15.85	15.85	7.23	13.26	22.9	-17.4
Net Cash Growth	119.09%	119.09%	-45.47%	-42.09%	-	-
Net Cash Per Share	0.63	0.63	0.29	0.51	0.89	-0.67
Filing Date Shares Outstanding	27.4	27.4	24.67	25.07	25.87	25.82
Total Common Shares Outstanding	27.4	27.4	24.67	25.29	25.87	25.82
Working Capital	25.04	25.04	16.1	22.69	32.44	-7.79
Book Value Per Share	1.00	1.00	0.76	0.96	1.29	0.35
Tangible Book Value	26.13	26.13	17.35	23.24	32.85	-5.56
Tangible Book Value Per Share	0.95	0.95	0.70	0.92	1.27	-0.22
Machinery	3.17	3.17	3.2	2.68	3.38	3.65
Leasehold Improvements	0.38	0.38	0.38	0.38	0.44	0.48

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