CPI Aerostructures, Inc. (CVU)

CPI Aerostructures 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1.94	5.09	3.85	6.31	6.03	4.05
Cash & Short-Term Investments	1.94	5.09	3.85	6.31	6.03	4.05
Cash Growth	-37.13%	32.43%	-39.02%	4.56%	48.90%	-1.84%
Accounts Receivable	40.41	39.66	32.24	29.43	24.69	22.31
Other Receivables	0.04	0.04	3.64	2.89	0.04	0.47
Receivables	40.45	39.7	35.88	32.32	24.73	22.79
Inventory	1.13	1.44	2.49	4.03	6.39	4.91
Prepaid Expenses	0.56	0.68	0.98	0.63	0.53	0.72
Restricted Cash	-	-	-	-	-	1.38
Total Current Assets	44.08	46.91	43.2	43.28	37.69	33.85
Property, Plant & Equipment	4.6	5.53	7.65	9.44	6.6	7.17
Goodwill	1.78	1.78	1.78	1.78	1.78	1.78
Other Intangible Assets	-	-	-	0.13	0.25	0.38
Long-Term Deferred Tax Assets	19.58	19.94	6.57	-	-	-
Long-Term Deferred Charges	0.06	0.08	0.13	-	-	-
Other Long-Term Assets	0.11	0.11	0.11	0.37	0.19	0.18
Total Assets	70.22	74.36	59.45	55.01	46.51	43.35
Accounts Payable	14.53	10.49	8.03	10.43	12.09	8.2
Accrued Expenses	5.99	10.28	7.34	6.1	5.94	2.37
Current Portion of Long-Term Debt	2.64	2.4	2.78	3.15	6.25	2.1
Current Portion of Leases	2.11	2.04	1.95	1.8	2.08	2.09
Current Income Taxes Payable	0.03	0.03	0.01	0.01	0	0
Current Unearned Revenue	2.48	5.94	6	5.12	1.65	3.56
Other Current Liabilities	0.06	0.34	4.18	4.5	2.01	3.97
Total Current Liabilities	27.85	31.51	30.3	31.1	30.01	22.29
Long-Term Debt	16.2	17.64	19.8	22.58	26.52	28.34
Long-Term Leases	2.06	3.13	5.15	6.65	2.96	2.76
Total Liabilities	46.1	52.28	55.25	60.34	59.49	53.39
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	74.33	73.87	73.19	72.83	72.01	71.29
Retained Earnings	-50.23	-51.8	-69	-78.18	-85	-81.35
Shareholders' Equity	24.12	22.08	4.2	-5.34	-12.98	-10.04
Total Liabilities & Equity	70.22	74.36	59.45	55.01	46.51	43.35
Total Debt	23	25.21	29.69	34.18	37.8	35.29
Net Cash (Debt)	-21.07	-20.12	-25.84	-27.87	-31.77	-31.24
Net Cash Per Share	-1.69	-1.61	-2.09	-2.29	-2.67	-2.65
Filing Date Shares Outstanding	13.04	12.85	12.57	12.34	12.31	11.88
Total Common Shares Outstanding	12.96	12.77	12.51	12.34	11.95	11.82
Working Capital	16.24	15.4	12.9	12.18	7.67	11.55
Book Value Per Share	1.86	1.73	0.34	-0.43	-1.09	-0.85
Tangible Book Value	22.33	20.3	2.41	-7.24	-15.02	-12.2
Tangible Book Value Per Share	1.72	1.59	0.19	-0.59	-1.26	-1.03
Machinery	-	0.72	0.72	7.25	7.22	8.73
Leasehold Improvements	-	2.69	2.63	2.59	2.59	2.57
Order Backlog	-	513.35	514.5	501.72	476.19	561.88

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