First Advantage Corporation (FA)

First Advantage Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	245.44	213.77	391.66	292.64	152.82	80.62
Short-Term Investments	0.6	-	1.96	0.94	1.27	1.33
Trading Asset Securities	3.88	1.99	11.57	0.2	-	-
Cash & Short-Term Investments	249.91	215.76	405.18	293.78	154.09	81.95
Cash Growth	-39.21%	-46.75%	37.92%	90.66%	88.03%	56.50%
Receivables	131.58	146.4	147.04	158.06	114.84	96.19
Prepaid Expenses	17.92	11.44	13.84	12.07	6.5	5.54
Restricted Cash	0.14	0.14	0.14	0.15	0.15	0.13
Other Current Assets	-	-	-	2.1	2.2	2.1
Total Current Assets	399.55	373.74	566.2	466.16	277.78	185.9
Property, Plant & Equipment	71.35	86.72	124.2	154.31	190.28	29.09
Goodwill	819.63	820.65	793.08	793.89	770.09	261.59
Other Intangible Assets	329.38	344.01	397.18	464.35	523.36	65.79
Long-Term Deferred Tax Assets	2.8	2.79	2.42	1.41	0.81	0.99
Other Long-Term Assets	9.2	2.74	2.75	6.46	1.37	1.37
Total Assets	1,632	1,631	1,886	1,887	1,764	544.73
Accounts Payable	47.96	47.02	54.95	53.98	44.12	36.34
Accrued Expenses	32.14	25.57	34.6	43.98	35.16	29.52
Current Portion of Long-Term Debt	-	1.58	-	-	6.7	-
Current Portion of Leases	3.37	3.35	5.06	-	0.88	-
Current Income Taxes Payable	2.99	0.26	0.72	2.57	2.45	1.88
Current Unearned Revenue	2.04	1.86	1.06	0.87	0.43	0.69
Other Current Liabilities	4.7	5.4	4.4	7.9	8.1	10
Total Current Liabilities	93.2	85.04	100.79	109.31	97.84	78.43
Long-Term Debt	558.91	558.46	556.65	554.85	782.22	540.84
Long-Term Leases	5.63	5.93	7.88	-	0.99	-
Long-Term Deferred Tax Liabilities	63.6	71.27	90.56	84.65	86.77	12.82
Other Long-Term Liabilities	2.83	3.22	3.34	5.54	1.61	6.86
Total Liabilities	724.17	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	982.98	977.29	1,176	1,165	839.15	-
Retained Earnings	-52.45	-49.55	-27.36	-31.44	-47.49	-201.23
Comprensive Income & Other	-22.93	-21.16	-22.33	-1.64	2.48	-12.85
Total Common Equity	907.74	906.73	1,127	1,132	794.27	-94.22
Shareholders' Equity	907.74	906.73	1,127	1,132	794.27	-94.22
Total Liabilities & Equity	1,632	1,631	1,886	1,887	1,764	544.73
Total Debt	567.91	569.32	569.59	554.85	790.79	540.84
Net Cash (Debt)	-318	-353.56	-164.41	-261.07	-636.71	-458.89
Net Cash Per Share	-2.19	-2.42	-1.08	-1.84	-4.90	-2.80
Filing Date Shares Outstanding	145.2	145.16	147.78	152.94	130	149.69
Total Common Shares Outstanding	145.2	145.07	148.73	152.9	130	149.69
Working Capital	306.35	288.7	465.41	356.85	179.94	107.47
Book Value Per Share	6.25	6.25	7.57	7.41	6.11	-0.63
Tangible Book Value	-241.27	-257.94	-63.64	-126.01	-499.18	-421.6
Tangible Book Value Per Share	-1.66	-1.78	-0.43	-0.82	-3.84	-2.82
Machinery	26.67	26.58	23.42	20.46	15.21	46.64
Leasehold Improvements	2.81	2.28	2.96	3	2.4	5.2

Source: S&P Capital IQ. Standard template.