Element Solutions Inc (ESI)

Element Solutions 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	376	289.3	265.6	330.1	291.9	190.1
Trading Asset Securities	6.2	19.9	32.7	-	-	-
Cash & Short-Term Investments	382.2	309.2	298.3	330.1	291.9	190.1
Cash Growth	6.14%	3.65%	-9.63%	13.09%	53.55%	-20.82%
Accounts Receivable	474.9	461.8	455.8	492.2	403.4	363.9
Receivables	474.9	461.8	455.8	492.2	403.4	363.9
Inventory	285.7	298.9	290.7	274.4	203.1	199.6
Prepaid Expenses	28.2	32.5	38.5	29.4	24	18.3
Other Current Assets	180.2	95.1	105.4	88.4	67.5	61.5
Total Current Assets	1,351	1,198	1,189	1,215	989.9	833.4
Property, Plant & Equipment	273.9	387.2	362.3	338.3	296.4	325.9
Long-Term Investments	-	18.5	26.1	6.6	-	0.3
Goodwill	2,220	2,337	2,413	2,526	2,253	2,180
Other Intangible Assets	782.2	879.3	805.5	956.7	855.9	944.4
Long-Term Deferred Tax Assets	159.3	120.5	51.5	81.5	77.2	-
Other Long-Term Assets	311.4	34.4	56.8	14.5	11.3	40.8
Total Assets	5,098	4,974	4,904	5,138	4,483	4,324
Accounts Payable	127.1	140.6	132.2	138.4	95.6	96.8
Accrued Expenses	223.3	68.8	67.6	116.2	82.1	51.7
Current Portion of Long-Term Debt	11.5	11.5	11.5	27.8	25	14.7
Current Portion of Leases	-	15	15.9	18.7	16.4	16.1
Current Income Taxes Payable	-	68.6	59.8	50	33.3	38.3
Other Current Liabilities	22.1	64.9	57.4	64.1	61.9	76.2
Total Current Liabilities	384	369.4	344.4	415.2	314.3	293.8
Long-Term Debt	1,929	1,933	1,884	1,904	1,542	1,533
Long-Term Leases	-	78.1	71.4	42.1	40.1	46.3
Long-Term Deferred Tax Liabilities	105.6	108.9	121.2	140	112.9	119.6
Other Long-Term Liabilities	200.9	112	97.1	100.4	113.1	61.7
Total Liabilities	2,644	2,630	2,555	2,638	2,165	2,105
Common Stock	2.7	2.7	2.7	2.6	2.6	2.6
Additional Paid-In Capital	4,210	4,197	4,186	4,167	4,123	4,114
Retained Earnings	-1,052	-1,183	-1,224	-1,332	-1,473	-1,537
Treasury Stock	-349.5	-341.9	-334.2	-159.2	-137.7	-78.9
Comprehensive Income & Other	-371.9	-345.9	-298.1	-197.4	-194.8	-280.5
Total Common Equity	2,439	2,329	2,333	2,481	2,320	2,221
Minority Interest	15.4	15.8	16.6	20.1	-1.7	-1.6
Shareholders' Equity	2,455	2,344	2,349	2,501	2,318	2,219
Total Liabilities & Equity	5,098	4,974	4,904	5,138	4,483	4,324
Total Debt	1,940	2,038	1,983	1,992	1,623	1,610
Net Cash (Debt)	-1,558	-1,729	-1,684	-1,662	-1,331	-1,420
Net Cash Per Share	-6.43	-7.15	-6.85	-6.71	-5.33	-5.46
Filing Date Shares Outstanding	242.16	241.99	241.36	248.16	247.1	252.44
Total Common Shares Outstanding	242.1	241.53	240.79	246.74	247.1	250.15
Working Capital	967.2	828.1	844.3	799.3	675.6	539.6
Book Value Per Share	10.08	9.64	9.69	10.05	9.39	8.88
Tangible Book Value	-563.1	-887.5	-885.8	-1,002	-788.8	-903.1
Tangible Book Value Per Share	-2.33	-3.67	-3.68	-4.06	-3.19	-3.61
Land	50.8	51.7	52	54.8	53.2	68.6
Buildings	175.4	168.5	163.9	162	139.5	113.5
Machinery	312.8	334.3	299.8	290.6	245.8	220
Construction In Progress	56.4	66.7	50.3	37.7	22.3	16

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