Badger Meter, Inc. (BMI)

Badger Meter 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	258.96	191.78	138.05	87.17	72.27	48.87
Cash & Short-Term Investments	258.96	191.78	138.05	87.17	72.27	48.87
Cash Growth	58.96%	38.92%	58.36%	20.62%	47.89%	273.46%
Receivables	93.43	83.51	76.65	65.87	61.69	61.37
Inventory	158.52	153.67	119.86	99.61	81.59	81.95
Prepaid Expenses	18.4	13.21	13.27	8.71	8.14	7.91
Total Current Assets	529.3	442.18	347.83	261.36	223.69	200.09
Property, Plant & Equipment	79.67	79.4	80.08	83.93	89.57	94.17
Goodwill	115	113.16	101.26	104.31	88.71	71.26
Other Intangible Assets	48.96	57.44	58.41	69.78	59.6	53.86
Long-Term Deferred Tax Assets	22.79	22.72	12.76	7.53	5.09	0.74
Other Long-Term Assets	7.15	2.03	2.72	3.91	4.56	1.76
Total Assets	802.86	716.92	603.05	530.82	471.22	421.89
Accrued Expenses	29.76	29.87	20.51	20.64	14.62	12.75
Short-Term Debt	-	-	-	-	-	4.48
Current Portion of Leases	0.73	2.55	1.22	-	-	-
Other Current Liabilities	98.67	99.53	88.58	61.5	53.42	40.01
Total Current Liabilities	129.16	131.95	110.31	82.15	68.04	57.25
Long-Term Leases	5.83	3.21	5.57	6.18	7.22	8.79
Long-Term Unearned Revenue	60.88	49.76	32.24	-	-	-
Long-Term Deferred Tax Liabilities	5.11	5.06	4.65	5.39	5.7	0.88
Other Long-Term Liabilities	0.18	1.55	-	23.63	19.16	14.19
Total Liabilities	211.68	200.44	160.63	127.75	109.96	90.83
Common Stock	37.22	37.22	37.22	37.22	37.22	37.2
Additional Paid-In Capital	64.23	59.19	53.28	49.22	44.96	41.96
Retained Earnings	527.08	458.72	395.16	353.54	314.85	285.88
Treasury Stock	-36.7	-37	-37.25	-37.05	-37.09	-34.24
Comprehensive Income & Other	-0.65	-1.65	-5.98	0.14	1.31	0.27
Shareholders' Equity	591.19	516.48	442.42	403.07	361.26	331.07
Total Liabilities & Equity	802.86	716.92	603.05	530.82	471.22	421.89
Total Debt	6.56	5.76	6.79	6.18	7.22	13.27
Net Cash (Debt)	252.39	186.02	131.26	81	65.06	35.6
Net Cash Growth	61.00%	41.72%	62.06%	24.51%	82.74%	-
Net Cash Per Share	8.55	6.32	4.47	2.76	2.23	1.22
Filing Date Shares Outstanding	29.41	29.35	29.29	29.25	29.15	29.11
Total Common Shares Outstanding	29.41	29.35	29.29	29.25	29.15	29.12
Working Capital	400.13	310.23	237.52	179.21	155.65	142.85
Book Value Per Share	20.10	17.60	15.10	13.78	12.39	11.37
Tangible Book Value	427.23	345.88	282.75	228.98	212.95	205.95
Tangible Book Value Per Share	14.53	11.79	9.65	7.83	7.31	7.07
Land	-	9.26	8.95	9.18	9.16	9.06
Buildings	-	72.15	70.85	71.1	69.7	68.44
Machinery	-	144.58	141.15	136.51	138.55	132.33

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