Ambow Education Holding Ltd. (AMBO)

Ambow Education Holding 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	Dec 31, 2023	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	4.83	4.83	3.31	4.21	118.82	157.6
Short-Term Investments	-	-	-	-	162.85	88.49
Cash & Short-Term Investments	4.83	4.83	3.31	4.21	281.68	246.09
Cash Growth	46.13%	46.13%	-21.45%	-98.50%	14.46%	-25.12%
Accounts Receivable	2.28	2.28	1.98	1.88	24	20.26
Other Receivables	-	-	6.06	-	89.3	83.31
Receivables	2.29	2.29	8.05	2.38	113.29	112.57
Prepaid Expenses	0.03	0.03	-	-	-	-
Restricted Cash	5.22	5.22	4.36	-	0.82	-
Other Current Assets	0.14	0.14	0.11	53.24	28.34	40.99
Total Current Assets	12.51	12.51	15.82	59.84	424.13	399.64
Property, Plant & Equipment	4.9	4.9	7.19	23.52	397.95	421.27
Long-Term Investments	-	-	-	-	-	1.9
Goodwill	-	-	-	-	25.71	60.35
Other Intangible Assets	0.52	0.52	0.54	1.23	56.52	58.37
Long-Term Deferred Tax Assets	-	-	-	-	6.34	10.2
Other Long-Term Assets	2.63	2.63	1.97	68.14	139.07	69.08
Total Assets	20.57	20.57	25.52	152.72	1,050	1,021
Accounts Payable	1.39	1.39	2.39	2.86	19.55	14.72
Accrued Expenses	0.64	0.64	0.87	0.69	59.7	74.66
Short-Term Debt	3.94	3.94	3.74	0.92	10	-
Current Portion of Leases	2.49	2.49	2.22	4.34	53.7	53.51
Current Income Taxes Payable	0.51	0.51	0.53	0.53	184.64	180.72
Current Unearned Revenue	0.54	0.54	0.75	0.85	163.7	165.11
Other Current Liabilities	0.29	0.29	1.41	84.06	152.31	120.27
Total Current Liabilities	9.79	9.79	11.91	94.24	643.6	608.98
Long-Term Debt	-	-	-	-	9.59	-
Long-Term Leases	4.35	4.35	5.74	19.49	220.32	216.07
Other Long-Term Liabilities	-	-	-	15.9	35.06	32.15
Total Liabilities	14.14	14.14	17.65	129.63	908.56	857.2
Common Stock	0.16	0.16	0.14	0.14	0.88	0.82
Additional Paid-In Capital	517.03	517.03	515.18	558.19	3,545	3,509
Retained Earnings	-510.63	-510.63	-507.46	-537.09	-3,415	-3,352
Comprehensive Income & Other	-0.13	-0.13	-	1.78	12.1	6.34
Total Common Equity	6.43	6.43	7.87	23.01	143.12	164.28
Minority Interest	-	-	-	0.08	-1.97	-0.68
Shareholders' Equity	6.43	6.43	7.87	23.09	141.15	163.6
Total Liabilities & Equity	20.57	20.57	25.52	152.72	1,050	1,021
Total Debt	10.77	10.77	11.7	24.75	293.62	269.58
Net Cash (Debt)	-5.94	-5.94	-8.39	-20.54	-11.94	-23.49
Net Cash Per Share	-2.11	-2.11	-3.39	-8.80	-5.38	-10.80
Filing Date Shares Outstanding	2.84	2.84	2.61	2.32	2.32	2.17
Total Common Shares Outstanding	2.86	2.86	2.61	2.33	2.33	2.18
Working Capital	2.72	2.72	3.92	-34.4	-219.47	-209.34
Book Value Per Share	2.25	2.25	3.02	9.86	61.38	75.41
Tangible Book Value	5.91	5.91	7.33	21.79	60.89	45.56
Tangible Book Value Per Share	2.07	2.07	2.81	9.33	26.11	20.91
Buildings	-	-	-	-	128.66	128.28
Machinery	0.2	0.2	0.83	0.82	63.52	68.15
Leasehold Improvements	0.02	0.02	0.03	0.03	89.67	83.25

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