Diversified Energy Company PLC (DEC)

DEC 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	3.48	3.75	7.33	12.56	1.38	1.66
Cash & Short-Term Investments	3.48	3.75	7.33	12.56	1.38	1.66
Cash Growth	-17.23%	-48.79%	-41.64%	810.66%	-16.98%	21.06%
Accounts Receivable	180.02	190.21	296.78	282.92	66.99	73.92
Other Receivables	-	-	-	-	-	0.38
Receivables	180.02	190.21	296.78	282.92	66.99	74.31
Inventory	-	7.83	9.23	9.44	6.32	5.16
Prepaid Expenses	-	3.96	5.26	5.13	1.68	4.32
Restricted Cash	18.6	11.2	7.89	1.03	0.25	1.21
Other Current Assets	86.86	87.66	27.74	26.06	17.86	73.71
Total Current Assets	288.96	304.6	354.22	337.14	94.47	160.36
Property, Plant & Equipment	3,173	2,947	3,019	2,944	2,137	1,817
Long-Term Investments	-	7.5	-	-	-	-
Other Intangible Assets	15.66	19.35	21.1	14.13	19.21	15.98
Long-Term Deferred Tax Assets	248.87	144.86	371.16	176.96	14.78	-
Other Long-Term Assets	89.63	51.13	65.78	21.92	25.03	12.62
Total Assets	3,816	3,474	3,831	3,494	2,291	2,006
Accounts Payable	60.48	49.49	90.44	61.61	19.22	16.7
Accrued Expenses	-	99.72	140.06	139.65	28.58	23.65
Current Portion of Long-Term Debt	211.57	200.82	271.1	58.82	64.96	23.72
Current Portion of Leases	13.71	10.56	9.29	9.63	5.01	0.8
Current Income Taxes Payable	42.62	50.23	41.91	53.63	18.03	19.38
Other Current Liabilities	329.6	227.62	578.84	450.26	60.71	42.61
Total Current Liabilities	657.99	638.44	1,132	773.6	196.51	126.86
Long-Term Debt	1,443	1,076	1,169	951.54	652.28	598.78
Long-Term Leases	29.31	20.56	19.57	18.18	13.87	1.02
Long-Term Deferred Tax Liabilities	10.88	13.65	12.49	-	15.75	124.11
Other Long-Term Liabilities	1,127	1,127	1,636	1,087	525.63	217.05
Total Liabilities	3,268	2,876	3,969	2,830	1,404	1,068
Common Stock	12.79	12.9	11.5	11.57	9.52	8.8
Additional Paid-In Capital	1,208	1,208	1,053	1,053	841.16	760.54
Retained Earnings	-591.62	-547.26	-1,134	-362.74	27.18	164.85
Treasury Stock	-109.32	-102.47	-100.83	-68.54	-	-
Comprehensive Income & Other	15.89	14.44	17.65	14.16	8.8	3.95
Total Common Equity	535.93	585.81	-152.69	647.41	886.66	938.14
Minority Interest	12.37	12.6	14.96	16.54	-	-
Shareholders' Equity	548.3	598.41	-137.72	663.95	886.66	938.14
Total Liabilities & Equity	3,816	3,474	3,831	3,494	2,291	2,006
Total Debt	1,698	1,308	1,469	1,038	736.12	624.31
Net Cash (Debt)	-1,694	-1,304	-1,462	-1,026	-734.74	-622.65
Net Cash Per Share	-35.41	-27.44	-34.64	-25.85	-21.45	-19.31
Filing Date Shares Outstanding	46.86	47.92	41.45	42.48	35.37	33.98
Total Common Shares Outstanding	46.86	47.92	41.45	42.48	35.37	33.98
Working Capital	-369.03	-333.84	-777.41	-436.46	-102.03	33.51
Book Value Per Share	11.44	12.22	-3.68	15.24	25.07	27.61
Tangible Book Value	520.26	566.46	-173.79	633.28	867.45	922.15
Tangible Book Value Per Share	11.10	11.82	-4.19	14.91	24.53	27.14
Buildings	-	48.26	47.68	41.68	28.19	22.65
Machinery	-	103.41	96.76	55.05	41.9	23.54

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