American Resources Corporation (AREC)

American Resources 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	0.84	2.67	10.87	11.49	10.62	0
Cash & Short-Term Investments	0.99	2.67	10.87	11.49	10.62	0
Cash Growth	-68.19%	-75.48%	-5.39%	8.24%	319319.22%	-99.86%
Accounts Receivable	-	-	0.66	3.18	0.04	2.42
Other Receivables	0.74	-	-	-	0.23	0.23
Receivables	0.83	-	0.66	3.18	0.27	2.66
Inventory	2.03	0.05	0.45	-	0.15	0.52
Prepaid Expenses	1.87	1.87	0.79	0.62	0.18	-
Other Current Assets	-	30.3	-	0.01	-	-
Total Current Assets	5.71	34.89	12.77	15.3	11.22	3.18
Property, Plant & Equipment	39.58	33.61	22.15	23.63	22.5	27.67
Long-Term Investments	1.72	18.78	18.78	2.5	-	-
Other Long-Term Assets	165.31	4.37	2.12	1.1	0.58	0.27
Total Assets	212.6	91.75	55.92	42.87	38.42	35.23
Accounts Payable	10.75	9.08	9.21	7.18	4.97	11.04
Accrued Expenses	0.51	0.51	0.11	1.33	1.04	2.87
Short-Term Debt	-	-	-	0.07	0.07	7.55
Current Portion of Long-Term Debt	0.8	0.8	11.7	5.86	11	20.49
Current Portion of Leases	9.74	4.86	3.89	0.15	-	-
Other Current Liabilities	2.8	2.81	2.52	1.95	3.85	3.05
Total Current Liabilities	24.61	18.07	27.43	16.54	20.93	45.01
Long-Term Debt	194.23	44.15	-	9.17	19.56	5.33
Long-Term Leases	25.11	8.01	7.9	0.55	0.07	0.09
Other Long-Term Liabilities	22.03	21.29	20.3	18.97	17.86	17.51
Total Liabilities	265.99	91.52	55.63	45.22	58.42	67.93
Common Stock	0.01	0.01	0.01	0.01	0	0
Additional Paid-In Capital	182.76	178.91	167.52	163.44	113.28	90.33
Retained Earnings	-234.6	-178.69	-167.24	-165.79	-133.29	-123.03
Total Common Equity	-51.83	0.22	0.28	-2.35	-20.01	-32.7
Minority Interest	-1.55	-	-	-	-	-
Shareholders' Equity	-53.39	0.22	0.28	-2.35	-20.01	-32.7
Total Liabilities & Equity	212.6	91.75	55.92	42.87	38.42	35.23
Total Debt	229.89	57.83	23.49	15.8	30.7	33.46
Net Cash (Debt)	-228.89	-55.17	-12.62	-4.31	-20.09	-33.46
Net Cash Per Share	-2.97	-0.73	-0.19	-0.08	-0.68	-1.39
Filing Date Shares Outstanding	77.42	79.18	78.21	65.74	50.8	26.03
Total Common Shares Outstanding	77.4	76.25	66.78	65.08	42.97	27.41
Working Capital	-18.89	16.81	-14.67	-1.24	-9.72	-41.83
Book Value Per Share	-0.67	0.00	0.00	-0.04	-0.47	-1.19
Tangible Book Value	-51.83	0.22	0.28	-2.35	-20.01	-32.7
Tangible Book Value Per Share	-0.67	0.00	0.00	-0.04	-0.47	-1.19
Land	-	1.62	1.62	1.57	1.57	1.75
Machinery	-	-	-	12.89	9.37	11.52
Construction In Progress	-	6.77	-	0.01	-	-

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