Asbury Automotive Group, Inc. (ABG)

Asbury Automotive Group Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	60.3	45.7	235.3	178.9	1.4	3.5
Short-Term Investments	9	10.7	9.5	12.5	1.1	11
Trading Asset Securities	19.4	-	-	-	-	-
Cash & Short-Term Investments	88.7	56.4	244.8	191.4	2.5	14.5
Cash Growth	9.10%	-76.96%	27.90%	7556.00%	-82.76%	59.34%
Accounts Receivable	162.7	191.7	132	142.7	137.5	110.9
Other Receivables	96.3	88.2	80.4	114.3	38.4	42.4
Receivables	259	285.1	225.3	263.3	175.9	153.3
Inventory	2,031	1,768	959.2	718.4	875.2	985
Prepaid Expenses	-	59.8	48.8	17.3	20.5	10.5
Other Current Assets	522.1	607.8	210.9	526.5	170.1	244.6
Total Current Assets	3,105	3,057	1,910	1,929	1,406	1,603
Property, Plant & Equipment	2,665	2,558	2,176	2,251	1,274	975.3
Long-Term Investments	362.4	379	307.8	129	-	-
Goodwill	2,011	2,009	1,783	2,272	562.2	201.7
Other Intangible Assets	1,957	2,096	1,800	1,336	425.2	121.7
Long-Term Deferred Tax Assets	-	-	-	69.1	-	-
Other Long-Term Assets	73.6	61	43.9	16.7	9.6	10
Total Assets	10,174	10,159	8,021	8,003	3,676	2,911
Accounts Payable	761.1	155.6	147.4	163.9	97.6	81.7
Accrued Expenses	-	194.2	218.1	228.1	120.5	92.8
Short-Term Debt	1,486	2,025	145.5	710.8	834.9	871.9
Current Portion of Long-Term Debt	83.4	84.9	84.5	66.3	22.8	32.7
Current Portion of Leases	26.4	26.2	23.6	25.8	41.4	17.6
Current Income Taxes Payable	-	74.9	91.8	125.7	69.1	30.5
Current Unearned Revenue	235.4	228.6	218.9	181.5	-	-
Other Current Liabilities	1.9	86.5	103.6	95.8	37.1	119.8
Total Current Liabilities	2,594	2,876	1,033	1,598	1,223	1,247
Long-Term Debt	3,291	3,113	3,208	3,514	1,170	893.3
Long-Term Leases	212.3	230.5	226.8	250.4	303.7	69.2
Long-Term Unearned Revenue	528.4	529.9	518.1	490.3	-	-
Long-Term Deferred Tax Liabilities	132.6	136.4	100.7	-	34.6	26
Other Long-Term Liabilities	52.5	30	30.5	34.2	39.5	29.5
Total Liabilities	6,811	6,915	5,118	5,887	2,771	2,265
Common Stock	0.4	0.4	0.4	0.5	0.4	0.4
Additional Paid-In Capital	1,300	1,288	1,281	1,279	595.5	582.9
Retained Earnings	3,091	2,962	2,610	1,881	1,349	1,095
Treasury Stock	-1,079	-1,067	-1,063	-1,044	-1,034	-1,029
Comprehensive Income & Other	50.5	61.1	74.6	-0.5	-5.6	-2.9
Shareholders' Equity	3,362	3,244	2,904	2,116	905.5	646.3
Total Liabilities & Equity	10,174	10,159	8,021	8,003	3,676	2,911
Total Debt	5,099	5,479	3,689	4,568	2,372	1,885
Net Cash (Debt)	-5,011	-5,423	-3,444	-4,376	-2,370	-1,870
Net Cash Per Share	-247.44	-258.23	-153.75	-217.72	-122.79	-96.90
Filing Date Shares Outstanding	19.59	20.4	21.69	23.19	19.33	19.28
Total Common Shares Outstanding	19.59	20.33	21.57	19.22	19.29	19.28
Working Capital	510.3	181.4	876.4	331.5	182.3	355.6
Book Value Per Share	171.66	159.54	134.61	110.07	46.95	33.52
Tangible Book Value	-605.6	-860.7	-680	-1,492	-81.9	322.9
Tangible Book Value Per Share	-30.92	-42.33	-31.53	-77.62	-4.25	16.75
Land	-	868.3	673.8	704.3	350.5	343.8
Buildings	-	1,465	1,319	1,339	691.6	622.9
Machinery	-	286.2	250.5	228.2	189.8	171.8
Construction In Progress	-	92	36.5	46.9	19.9	42.4

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