Culp, Inc. (CULP)

Culp, Inc. Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jan 26, 2025	Apr 28, 2024	Apr 30, 2023	May 1, 2022	May 2, 2021	May 3, 2020
Cash & Equivalents	5.28	10.01	20.96	14.55	37.01	69.79
Short-Term Investments	-	-	-	-	8.7	5.19
Cash & Short-Term Investments	5.28	10.01	20.96	14.55	45.71	74.98
Cash Growth	-58.05%	-52.24%	44.08%	-68.17%	-39.04%	66.60%
Accounts Receivable	23.16	21.14	24.78	22.23	37.73	25.09
Other Receivables	1.14	0.35	-	0.86	-	1.59
Receivables	24.82	21.75	25	23.08	37.73	26.68
Inventory	48.6	44.84	45.08	66.56	55.92	47.91
Other Current Assets	6.59	4.27	4.48	2.99	3.85	2.12
Total Current Assets	85.29	80.88	95.52	107.18	143.21	151.69
Property, Plant & Equipment	32.04	39.39	44.3	57.28	55.73	47.05
Long-Term Investments	-	-	-	-	1.14	3.68
Other Intangible Assets	1.59	1.88	2.25	2.63	3	3.38
Long-Term Deferred Tax Assets	0.49	0.52	0.48	0.53	0.55	0.79
Other Long-Term Assets	6.89	7.93	7.91	9.95	10.45	8.5
Total Assets	127.56	132.05	152.18	177.56	214.08	215.08
Accounts Payable	32.72	25.61	29.44	20.1	42.54	23
Accrued Expenses	7.83	7.63	9.94	7.83	14.84	5.69
Short-Term Debt	5.38	-	-	-	-	8.62
Current Portion of Leases	2.03	2.06	2.64	3.22	2.74	1.81
Current Income Taxes Payable	0.83	0.97	0.75	0.41	0.23	0.4
Current Unearned Revenue	0.7	1.5	1.19	0.52	0.54	0.5
Other Current Liabilities	1.16	0.34	0.06	0.47	0.35	0.11
Total Current Liabilities	50.65	38.11	44.02	32.56	61.23	40.12
Long-Term Debt	-	-	-	-	-	29.75
Long-Term Leases	3.13	2.42	3.61	7.06	6.82	2.02
Long-Term Deferred Tax Liabilities	6.58	6.38	5.95	6	5.33	1.82
Other Long-Term Liabilities	7.55	9.02	9.52	12.44	11.69	11.68
Total Liabilities	67.91	55.93	63.1	58.06	85.07	85.39
Common Stock	0.63	0.62	0.62	0.61	0.62	0.62
Additional Paid-In Capital	45.46	45.01	44.25	43.14	43.81	42.58
Retained Earnings	13.35	30.38	44.2	75.72	84.44	86.51
Comprehensive Income & Other	0.22	0.12	0.02	0.03	0.15	-0.01
Total Common Equity	59.65	76.13	89.08	119.5	129.01	129.7
Shareholders' Equity	59.65	76.13	89.08	119.5	129.01	129.7
Total Liabilities & Equity	127.56	132.05	152.18	177.56	214.08	215.08
Total Debt	10.54	4.48	6.25	10.28	9.56	42.19
Net Cash (Debt)	-5.26	5.53	14.71	4.27	36.16	32.79
Net Cash Growth	-	-62.42%	244.62%	-88.19%	10.26%	-27.14%
Net Cash Per Share	-0.42	0.44	1.20	0.35	2.93	2.65
Filing Date Shares Outstanding	12.56	12.47	12.34	12.25	12.32	12.28
Total Common Shares Outstanding	12.56	12.47	12.33	12.23	12.31	12.28
Working Capital	34.64	42.77	51.5	74.62	81.98	111.57
Book Value Per Share	4.75	6.11	7.23	9.77	10.48	10.56
Tangible Book Value	58.06	74.25	86.83	116.87	126	126.32
Tangible Book Value Per Share	4.62	5.95	7.04	9.56	10.23	10.28
Land	-	0.95	0.95	0.95	0.94	0.91
Buildings	-	30.77	30.41	31.63	31.21	31.05
Machinery	-	77.76	77.75	78.18	74.83	69.52
Construction In Progress	-	1.6	0.46	0.61	3.08	1.96
Leasehold Improvements	-	2.39	2.37	3.47	2.88	2.29
Order Backlog	-	11.7	10.6	-	-	-

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q