First Advantage Corporation (FA)

First Advantage 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	307.39	213.77	391.66	292.64	152.82	80.62
Short-Term Investments	-	-	1.96	0.94	1.27	1.33
Trading Asset Securities	-	1.99	11.57	0.2	-	-
Cash & Short-Term Investments	307.39	215.76	405.18	293.78	154.09	81.95
Cash Growth	77.74%	-46.75%	37.92%	90.66%	88.03%	56.50%
Accounts Receivable	143.02	142.69	143.81	155.77	111.36	92.51
Other Receivables	2.81	3.71	3.23	2.29	3.48	3.68
Receivables	145.83	146.4	147.04	158.06	114.84	96.19
Prepaid Expenses	13.67	11.44	13.84	12.07	6.5	5.54
Restricted Cash	0.09	0.14	0.14	0.15	0.15	0.13
Other Current Assets	-	-	-	2.1	2.2	2.1
Total Current Assets	466.98	373.74	566.2	466.16	277.78	185.9
Property, Plant & Equipment	55.4	86.72	124.2	154.31	190.28	29.09
Goodwill	822.28	820.65	793.08	793.89	770.09	261.59
Other Intangible Assets	301.71	344.01	397.18	464.35	523.36	65.79
Long-Term Deferred Tax Assets	3.17	2.79	2.42	1.41	0.81	0.99
Other Long-Term Assets	7.6	2.74	2.75	6.46	1.37	1.37
Total Assets	1,657	1,631	1,886	1,887	1,764	544.73
Accounts Payable	71.11	47.02	54.95	53.98	44.12	36.34
Accrued Expenses	32.37	25.57	34.6	43.98	35.16	29.52
Current Portion of Long-Term Debt	4.98	1.58	-	-	6.7	-
Current Portion of Leases	2.57	3.35	5.06	-	0.88	-
Current Income Taxes Payable	3.53	0.26	0.72	2.57	2.45	1.88
Current Unearned Revenue	2.5	1.86	1.06	0.87	0.43	0.69
Other Current Liabilities	4.3	5.4	4.4	7.9	8.1	10
Total Current Liabilities	121.35	85.04	100.79	109.31	97.84	78.43
Long-Term Debt	559.84	558.46	556.65	554.85	782.22	540.84
Long-Term Leases	4.34	5.93	7.88	-	0.99	-
Long-Term Deferred Tax Liabilities	48.18	71.27	90.56	84.65	86.77	12.82
Other Long-Term Liabilities	2.7	3.22	3.34	5.54	1.61	6.86
Total Liabilities	736.42	723.92	759.21	754.34	969.42	638.95
Common Stock	0.15	0.15	0.15	0.15	0.13	119.87
Additional Paid-In Capital	998.71	977.29	1,176	1,165	839.15	-
Retained Earnings	-59.44	-49.55	-27.36	-31.44	-47.49	-201.23
Comprehensive Income & Other	-18.7	-21.16	-22.33	-1.64	2.48	-12.85
Total Common Equity	920.71	906.73	1,127	1,132	794.27	-94.22
Shareholders' Equity	920.71	906.73	1,127	1,132	794.27	-94.22
Total Liabilities & Equity	1,657	1,631	1,886	1,887	1,764	544.73
Total Debt	571.73	569.32	569.59	554.85	790.79	540.84
Net Cash (Debt)	-264.34	-353.56	-164.41	-261.07	-636.71	-458.89
Net Cash Per Share	-1.83	-2.42	-1.08	-1.84	-4.90	-2.80
Filing Date Shares Outstanding	172.65	145.16	147.78	152.94	130	149.69
Total Common Shares Outstanding	145.56	145.07	148.73	152.9	130	149.69
Working Capital	345.62	288.7	465.41	356.85	179.94	107.47
Book Value Per Share	6.33	6.25	7.57	7.41	6.11	-0.63
Tangible Book Value	-203.27	-257.94	-63.64	-126.01	-499.18	-421.6
Tangible Book Value Per Share	-1.40	-1.78	-0.43	-0.82	-3.84	-2.82
Machinery	27.62	26.58	23.42	20.46	15.21	46.64
Leasehold Improvements	2.82	2.28	2.96	3	2.4	5.2

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