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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1.71	5.09	3.85	6.31	6.03	4.05
Cash & Short-Term Investments	1.71	5.09	3.85	6.31	6.03	4.05
Cash Growth	-34.51%	32.43%	-39.02%	4.56%	48.90%	-1.84%
Accounts Receivable	40.19	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	40.23	39.7	35.88	32.32	24.73	22.79
Inventory	1.05	1.44	2.49	4.03	6.39	4.91
Prepaid Expenses	0.38	0.68	0.98	0.63	0.53	0.72
Restricted Cash	-	-	-	-	-	1.38
Total Current Assets	43.37	46.91	43.2	43.28	37.69	33.85
Property, Plant & Equipment	4.15	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	19.43	19.94	6.57	-	-	-
Long-Term Deferred Charges	-	0.08	0.13	-	-	-
Other Long-Term Assets	0.15	0.11	0.11	0.37	0.19	0.18
Total Assets	68.89	74.36	59.45	55.01	46.51	43.35
Accounts Payable	14.99	10.49	8.03	10.43	12.09	8.2
Accrued Expenses	5.74	10.28	7.34	6.1	5.94	2.37
Current Portion of Long-Term Debt	2.76	2.4	2.78	3.15	6.25	2.1
Current Portion of Leases	2.12	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	1.39	5.94	6	5.12	1.65	3.56
Other Current Liabilities	0.02	0.34	4.18	4.5	2.01	3.97
Total Current Liabilities	27.06	31.51	30.3	31.1	30.01	22.29
Long-Term Debt	15.39	17.64	19.8	22.58	26.52	28.34
Long-Term Leases	1.49	3.13	5.15	6.65	2.96	2.76
Total Liabilities	43.95	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	74.4	73.87	73.19	72.83	72.01	71.29
Retained Earnings	-49.48	-51.8	-69	-78.18	-85	-81.35
Shareholders' Equity	24.94	22.08	4.2	-5.34	-12.98	-10.04
Total Liabilities & Equity	68.89	74.36	59.45	55.01	46.51	43.35
Total Debt	21.77	25.21	29.69	34.18	37.8	35.29
Net Cash (Debt)	-20.06	-20.12	-25.84	-27.87	-31.77	-31.24
Net Cash Per Share	-1.61	-1.61	-2.09	-2.29	-2.67	-2.65
Filing Date Shares Outstanding	13	12.85	12.57	12.34	12.31	11.88
Total Common Shares Outstanding	13	12.77	12.51	12.34	11.95	11.82
Working Capital	16.31	15.4	12.9	12.18	7.67	11.55
Book Value Per Share	1.92	1.73	0.34	-0.43	-1.09	-0.85
Tangible Book Value	23.16	20.3	2.41	-7.24	-15.02	-12.2
Tangible Book Value Per Share	1.78	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.