Cumberland Pharmaceuticals Inc. (CPIX)

CPIX 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	17.46	18.32	19.76	27.04	24.75	28.21
Cash & Short-Term Investments	17.46	18.32	19.76	27.04	24.75	28.21
Cash Growth	-5.64%	-7.27%	-26.93%	9.24%	-12.26%	-22.13%
Receivables	11.31	9.76	13.16	6.88	12.38	7.86
Inventory	4.51	4.61	9.86	8.43	10.64	8.87
Prepaid Expenses	1.95	3.03	3.08	3.34	2.2	2.76
Other Current Assets	-	-	-	-	-	2.46
Total Current Assets	35.24	35.71	45.87	45.69	49.97	50.16
Property, Plant & Equipment	6.52	7.04	5.5	1.47	2.6	3.71
Goodwill	0.91	0.91	0.91	0.88	0.88	0.88
Other Intangible Assets	19.42	22.61	30.59	23.95	28.12	30.92
Long-Term Deferred Tax Assets	-	-	-	-	-	0.02
Other Long-Term Assets	14.66	15.5	10.05	12.47	14.89	18.85
Total Assets	76.75	81.78	92.93	84.46	96.46	104.55
Accounts Payable	12.06	14.04	10.82	9.64	13.4	9.99
Accrued Expenses	-	9.16	10.8	5.04	5.36	6.72
Current Portion of Leases	0.39	0.35	0.17	0.97	1.02	0.92
Other Current Liabilities	12.65	4.43	6.79	3.63	5.89	6.52
Total Current Liabilities	31.09	27.98	28.58	19.28	25.67	24.15
Long-Term Debt	10.1	12.78	16.2	15	15	18.5
Long-Term Leases	5	5.3	4.59	0.09	1.06	2.08
Other Long-Term Liabilities	6.09	6.45	7.59	7.49	7.86	8.74
Total Liabilities	52.28	52.52	56.95	41.86	49.59	53.46
Common Stock	46.84	47.09	47.47	48.45	49.12	49.91
Retained Earnings	-22.06	-17.49	-11.21	-5.64	-2.13	1.21
Total Common Equity	24.78	29.6	36.27	42.81	46.99	51.12
Minority Interest	-0.31	-0.34	-0.29	-0.21	-0.12	-0.04
Shareholders' Equity	24.47	29.26	35.97	42.6	46.87	51.09
Total Liabilities & Equity	76.75	81.78	92.93	84.46	96.46	104.55
Total Debt	21.48	18.43	20.96	16.06	17.08	21.5
Net Cash (Debt)	-4.02	-0.11	-1.2	10.98	7.68	6.72
Net Cash Growth	-	-	-	43.03%	14.32%	-58.62%
Net Cash Per Share	-0.28	-0.01	-0.08	0.74	0.51	0.44
Filing Date Shares Outstanding	14.04	14.18	14.4	14.84	14.92	15.18
Total Common Shares Outstanding	14.01	14.12	14.37	14.74	14.99	15.26
Working Capital	4.15	7.73	17.29	26.41	24.3	26.01
Book Value Per Share	1.77	2.10	2.52	2.90	3.14	3.35
Tangible Book Value	4.45	6.08	4.76	17.98	17.99	19.32
Tangible Book Value Per Share	0.32	0.43	0.33	1.22	1.20	1.27
Machinery	-	1.81	1.58	2.81	2.72	2.79
Leasehold Improvements	-	0.8	0.79	1.42	1.41	1.36

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