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	Oct 27, 2024	Apr 28, 2024	Apr 30, 2023	May 1, 2022	May 2, 2021	May 3, 2020
Cash & Equivalents	10.53	10.01	20.96	14.55	37.01	69.79
Short-Term Investments	-	-	-	-	8.7	5.19
Cash & Short-Term Investments	10.53	10.01	20.96	14.55	45.71	74.98
Cash Growth	-30.78%	-52.24%	44.08%	-68.17%	-39.04%	66.60%
Accounts Receivable	22.33	21.14	24.78	22.23	37.73	25.09
Other Receivables	0.98	0.35	-	0.86	-	1.59
Receivables	23.83	21.75	25	23.08	37.73	26.68
Inventory	45.13	44.84	45.08	66.56	55.92	47.91
Other Current Assets	7.41	4.27	4.48	2.99	3.85	2.12
Total Current Assets	86.9	80.88	95.52	107.18	143.21	151.69
Property, Plant & Equipment	30.75	39.39	44.3	57.28	55.73	47.05
Long-Term Investments	-	-	-	-	1.14	3.68
Other Intangible Assets	1.69	1.88	2.25	2.63	3	3.38
Long-Term Deferred Tax Assets	0.56	0.52	0.48	0.53	0.55	0.79
Other Long-Term Assets	7.77	7.93	7.91	9.95	10.45	8.5
Total Assets	128.99	132.05	152.18	177.56	214.08	215.08
Accounts Payable	32.37	25.61	29.44	20.1	42.54	23
Accrued Expenses	7.12	7.63	9.94	7.83	14.84	5.69
Short-Term Debt	4.07	-	-	-	-	8.62
Current Portion of Leases	1.11	2.06	2.64	3.22	2.74	1.81
Current Income Taxes Payable	1.17	0.97	0.75	0.41	0.23	0.4
Current Unearned Revenue	1.13	1.5	1.19	0.52	0.54	0.5
Other Current Liabilities	1.47	0.34	0.06	0.47	0.35	0.11
Total Current Liabilities	48.43	38.11	44.02	32.56	61.23	40.12
Long-Term Debt	-	-	-	-	-	29.75
Long-Term Leases	1.96	2.42	3.61	7.06	6.82	2.02
Long-Term Deferred Tax Liabilities	6.62	6.38	5.95	6	5.33	1.82
Other Long-Term Liabilities	8.35	9.02	9.52	12.44	11.69	11.68
Total Liabilities	65.36	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	45.3	45.01	44.25	43.14	43.81	42.58
Retained Earnings	17.47	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	63.62	76.13	89.08	119.5	129.01	129.7
Shareholders' Equity	63.62	76.13	89.08	119.5	129.01	129.7
Total Liabilities & Equity	128.99	132.05	152.18	177.56	214.08	215.08
Total Debt	7.14	4.48	6.25	10.28	9.56	42.19
Net Cash (Debt)	3.39	5.53	14.71	4.27	36.16	32.79
Net Cash Growth	-66.89%	-62.42%	244.62%	-88.19%	10.26%	-27.14%
Net Cash Per Share	0.27	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	38.47	42.77	51.5	74.62	81.98	111.57
Book Value Per Share	5.07	6.11	7.23	9.77	10.48	10.56
Tangible Book Value	61.94	74.25	86.83	116.87	126	126.32
Tangible Book Value Per Share	4.93	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	-	-	-

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