CorVel Corporation (CRVL)

CorVel Balance Sheet

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	138.35	105.56	71.33	97.5	139.72	83.22
Cash & Short-Term Investments	138.35	105.56	71.33	97.5	139.72	83.22
Cash Growth	50.79%	47.99%	-26.85%	-30.21%	67.88%	-9.26%
Receivables	102.39	97.11	81.03	82.59	64.72	65.77
Prepaid Expenses	13.48	9.25	9.57	12.76	8.01	7.14
Other Current Assets	109.11	90.31	81.84	72.15	56.5	52.86
Total Current Assets	363.33	302.23	243.77	264.99	268.94	208.99
Property, Plant & Equipment	112.93	72.78	76.8	81.48	88.04	138.71
Goodwill	36.81	36.81	36.81	36.81	36.81	36.81
Other Intangible Assets	0.61	37.99	34.94	31.48	30.01	30.4
Long-Term Deferred Tax Assets	4.18	3.55	0.22	-	0.61	-
Other Long-Term Assets	0.68	1.32	1.38	0.48	0.35	1.35
Total Assets	518.55	454.68	393.92	415.25	424.76	416.26
Accounts Payable	13.7	16.41	15.06	14.08	12.35	15.15
Accrued Expenses	50.84	40.9	35.68	48.01	57.11	37.47
Current Portion of Leases	8.78	8.86	9.9	13.35	12.77	13.22
Current Income Taxes Payable	0.47	0.22	0.25	0.35	-	1.22
Current Unearned Revenue	29.96	29.96	26.98	25.8	22.51	17.65
Other Current Liabilities	109.11	88.14	80.02	69.78	57.72	48.99
Total Current Liabilities	212.86	184.5	167.89	171.37	162.46	133.69
Long-Term Leases	22.92	22.53	23.86	29.79	41.9	85.1
Long-Term Deferred Tax Liabilities	-	-	-	1.69	-	7.76
Total Liabilities	235.78	207.03	191.75	202.85	204.36	226.55
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	242.89	233.63	218.7	201.61	185.94	168.94
Retained Earnings	852.9	807.92	731.67	665.3	598.89	552.54
Treasury Stock	-813.02	-793.91	-748.2	-654.52	-564.44	-531.76
Shareholders' Equity	282.77	247.65	202.18	212.4	220.4	189.71
Total Liabilities & Equity	518.55	454.68	393.92	415.25	424.76	416.26
Total Debt	31.7	31.4	33.76	43.14	54.66	98.32
Net Cash (Debt)	106.65	74.17	37.57	54.36	85.05	-15.1
Net Cash Growth	86.60%	97.41%	-30.89%	-36.08%	-	-
Net Cash Per Share	6.15	4.28	2.14	3.00	4.68	-0.81
Filing Date Shares Outstanding	17.13	17.12	17.14	17.49	17.85	18.01
Total Common Shares Outstanding	17.14	17.13	17.17	17.57	17.88	17.97
Working Capital	150.47	117.73	75.88	93.62	106.48	75.3
Book Value Per Share	16.50	14.46	11.78	12.09	12.33	10.56
Tangible Book Value	245.35	172.85	130.42	144.11	153.58	122.5
Tangible Book Value Per Share	14.32	10.09	7.60	8.20	8.59	6.82
Land	-	11.12	11.08	11.08	11.08	11.05
Machinery	-	66.61	68.25	77.38	66.71	66.4
Leasehold Improvements	-	18.01	18.3	18.58	17.56	14.96

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