Enphase Energy, Inc. (ENPH)

Enphase Energy 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	256.33	288.75	473.24	119.32	679.38	251.41
Short-Term Investments	1,510	1,406	1,140	897.34	-	-
Cash & Short-Term Investments	1,767	1,695	1,613	1,017	679.38	251.41
Cash Growth	-0.97%	5.10%	58.64%	49.64%	170.23%	136.65%
Accounts Receivable	274.81	486.2	473.03	357.13	200.04	160.47
Other Receivables	-	7.6	2.2	2.1	-	-
Receivables	274.81	493.8	475.23	359.23	200.04	160.47
Inventory	158.84	213.6	149.71	74.4	41.76	32.06
Prepaid Expenses	160.61	41.09	26.49	12.18	11.88	11.02
Restricted Cash	-	-	-	-	-	44.7
Total Current Assets	2,361	2,444	2,264	1,462	933.06	499.66
Property, Plant & Equipment	176.56	162.93	113.55	83.99	55.87	38.25
Long-Term Investments	61.14	79.86	56.78	41.04	5	-
Goodwill	214.29	214.56	213.56	181.25	24.78	24.78
Other Intangible Assets	51.15	93.74	118.74	110.36	33.61	31.38
Long-Term Accounts Receivable	117.46	124.19	100.99	69.58	51.99	42.09
Long-Term Deferred Tax Assets	275.85	252.37	204.87	122.47	92.9	74.53
Other Long-Term Assets	6.85	11.85	11.52	8.1	2.89	2.53
Total Assets	3,264	3,383	3,084	2,079	1,200	713.22
Accounts Payable	112.42	116.16	125.09	113.77	72.61	57.47
Accrued Expenses	133.14	212.09	247.23	126.78	66.5	42.19
Current Portion of Long-Term Debt	99.93	-	90.89	86.05	325.97	2.88
Current Portion of Leases	6.32	5.22	5.37	3.83	4.54	3.17
Current Income Taxes Payable	2.19	8.53	16.15	0.34	-	-
Current Unearned Revenue	129.56	118.3	90.75	62.67	47.67	81.78
Other Current Liabilities	83.93	72.14	62.75	46.36	16.76	11.81
Total Current Liabilities	567.48	532.45	638.22	439.8	534.04	199.31
Long-Term Debt	1,200	1,294	1,199	951.59	4.9	102.66
Long-Term Leases	25.73	18.8	19.08	11.92	15.21	9.54
Long-Term Unearned Revenue	354.21	369.17	281.61	187.19	125.47	100.2
Other Long-Term Liabilities	185.14	185.23	120.33	58.59	36.49	29.3
Total Liabilities	2,333	2,399	2,259	1,649	716.11	441.01
Common Stock	0	0	0	0	0	0
Additional Paid-In Capital	1,033	939.34	819.12	837.92	534.74	458.32
Retained Earnings	-104.93	46.27	17.34	-405.74	-51.19	-185.18
Comprehensive Income & Other	3.26	-1.99	-10.88	-2.02	0.43	-0.92
Shareholders' Equity	931.37	983.62	825.57	430.17	483.99	272.21
Total Liabilities & Equity	3,264	3,383	3,084	2,079	1,200	713.22
Total Debt	1,332	1,318	1,315	1,053	350.62	118.26
Net Cash (Debt)	434.38	377.27	298.04	-36.75	328.76	133.15
Net Cash Growth	-7.02%	26.59%	-	-	146.90%	-
Net Cash Per Share	3.18	2.63	2.06	-0.26	2.32	1.01
Filing Date Shares Outstanding	135.11	135.76	136.5	133.94	129.02	123.18
Total Common Shares Outstanding	135.08	135.72	136.44	133.89	128.96	123.11
Working Capital	1,793	1,911	1,626	1,023	399.02	300.35
Book Value Per Share	6.89	7.25	6.05	3.21	3.75	2.21
Tangible Book Value	665.93	675.33	493.27	138.56	425.6	216.05
Tangible Book Value Per Share	4.93	4.98	3.62	1.03	3.30	1.75
Land	-	-	0.11	0.11	-	-
Buildings	-	17.06	15.88	12.55	9.02	-
Machinery	-	197.26	125.08	104.42	68.92	52.22
Construction In Progress	-	29.75	31.73	14.33	9.75	8.45
Leasehold Improvements	-	-	-	-	-	8.71

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