Frequency Electronics, Inc. (FEIM)

Frequency Electronics Balance Sheet

Financials in millions USD. Fiscal year is May - April.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 31, 2024	Apr 30, 2024	Apr 30, 2023	Apr 30, 2022	Apr 30, 2021	Apr 30, 2020
Cash & Equivalents	16.2	18.32	12.05	11.56	9.81	3.81
Short-Term Investments	-	-	-	9.96	10.31	10.57
Cash & Short-Term Investments	16.2	18.32	12.05	21.53	20.12	14.38
Cash Growth	78.80%	52.05%	-44.02%	6.98%	39.94%	21.01%
Receivables	16.74	15.14	14.63	13.15	18.16	11.35
Inventory	24.31	23.43	20.53	19.91	19.66	22.96
Prepaid Expenses	1.98	1.2	1.07	1.16	0.99	1.71
Other Current Assets	-	0.04	0.03	0.27	0.44	0.85
Total Current Assets	59.23	58.12	48.31	56.01	59.37	51.24
Property, Plant & Equipment	11.95	12.47	14.48	17.37	19.39	22.13
Goodwill	0.62	0.62	0.62	0.62	0.62	0.62
Other Long-Term Assets	12.47	12.04	11.1	10.76	17.34	17.29
Total Assets	84.26	83.25	74.5	84.76	96.71	91.28
Accounts Payable	1.55	2.35	1.46	1.08	1.08	1.42
Accrued Expenses	4.94	4.22	3.41	3.18	4.81	4.16
Short-Term Debt	-	-	-	-	-	4.97
Current Portion of Leases	1.47	1.64	1.75	1.74	1.72	1.87
Current Unearned Revenue	20.85	21.64	18.59	11.1	10.69	-
Other Current Liabilities	9.8	0.95	2.07	4.76	0.5	1.28
Total Current Liabilities	38.69	30.8	27.28	21.86	18.79	13.69
Long-Term Leases	4.3	4.55	5.88	7.35	8.37	9.44
Long-Term Deferred Tax Liabilities	0.02	0.01	0.01	0.01	0.01	0.01
Other Long-Term Liabilities	8.05	8.09	8.44	8.85	14.14	13.9
Total Liabilities	51.06	43.44	41.61	38.07	41.3	37.04
Common Stock	9.57	9.51	9.37	9.3	9.23	9.16
Additional Paid-In Capital	41.3	50.33	49.14	57.96	57.36	56.91
Retained Earnings	-17.6	-20.03	-25.62	-20.12	-11.46	-12.14
Treasury Stock	-0.07	-0	-0	-0.01	-0.01	-0.2
Comprehensive Income & Other	-	-	-	-0.44	0.29	0.49
Shareholders' Equity	33.2	39.82	32.89	46.69	55.41	54.24
Total Liabilities & Equity	84.26	83.25	74.5	84.76	96.71	91.28
Total Debt	5.77	6.19	7.64	9.1	10.08	16.28
Net Cash (Debt)	10.43	12.14	4.41	12.43	10.04	-1.9
Net Cash Growth	487.06%	174.98%	-64.49%	23.80%	-	-
Net Cash Per Share	1.10	1.29	0.47	1.34	1.09	-0.21
Filing Date Shares Outstanding	9.57	9.54	9.39	9.3	9.22	9.15
Total Common Shares Outstanding	9.56	9.51	9.37	9.3	9.22	9.12
Working Capital	20.53	27.33	21.03	34.15	40.58	37.54
Book Value Per Share	3.47	4.19	3.51	5.02	6.01	5.95
Tangible Book Value	32.59	39.2	32.27	46.07	54.79	53.62
Tangible Book Value Per Share	3.41	4.12	3.44	4.96	5.94	5.88
Buildings	-	2.62	2.6	2.58	2.72	2.69
Machinery	-	61.94	60.79	59.95	59.14	57.92
Order Backlog	-	78	57	40	40	36

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