Franklin Electric Co., Inc. (FELE)

Franklin Electric Co. 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	106.27	84.96	45.79	40.54	130.79	64.41
Cash & Short-Term Investments	106.27	84.96	45.79	40.54	130.79	64.41
Cash Growth	70.02%	85.55%	12.96%	-69.01%	103.07%	8.84%
Receivables	272	222.42	230.4	196.17	159.83	173.33
Inventory	524.65	508.7	544.98	449.98	300.93	300.25
Other Current Assets	39.56	37.72	36.92	37.96	27.71	29.47
Total Current Assets	942.48	853.8	858.09	724.65	619.25	567.44
Property, Plant & Equipment	288.77	286.75	264.1	259.03	240.98	228.95
Goodwill	341.09	342.4	328.05	329.63	266.74	256.06
Other Intangible Assets	217.25	230.03	231.28	249.69	133.78	131.13
Long-Term Deferred Tax Assets	9.56	8.76	6.78	7.68	8.82	9.17
Other Long-Term Assets	8.09	6.39	5.91	4.49	2.74	1.99
Total Assets	1,807	1,728	1,694	1,575	1,272	1,195
Accounts Payable	173.94	152.42	139.27	164.76	95.9	82.59
Accrued Expenses	67.7	62.2	73.1	76.5	48.6	41.1
Current Portion of Long-Term Debt	76.4	12.36	126.76	97.98	2.45	21.78
Current Portion of Leases	17.96	17.32	15.96	15.32	11.19	9.94
Current Income Taxes Payable	9.07	4.7	3.23	2.55	5.11	3.01
Other Current Liabilities	48.1	38.05	47.46	38.91	40.45	27.34
Total Current Liabilities	393.17	287.04	405.77	396.01	203.7	185.76
Long-Term Debt	11.58	88.06	89.27	90.54	91.97	93.14
Long-Term Leases	43.48	38.55	32.86	32.94	20.87	17.79
Long-Term Deferred Tax Liabilities	31.13	29.46	29.74	28.16	25.67	27.6
Other Long-Term Liabilities	23.22	38.75	33.92	38.18	35.95	33.73
Total Liabilities	533.36	517.83	623.45	626.52	422.6	396.31
Common Stock	4.57	4.61	4.62	4.65	4.62	4.64
Additional Paid-In Capital	360.09	344.72	325.43	310.62	283.42	269.66
Retained Earnings	1,134	1,079	969.26	859.82	764.56	712.46
Comprehensive Income & Other	-228.67	-221.11	-231.45	-228.58	-204.77	-190.21
Total Common Equity	1,270	1,207	1,068	946.5	847.83	796.55
Minority Interest	4.24	3.57	2.9	2.14	1.87	1.89
Shareholders' Equity	1,274	1,210	1,071	948.64	849.7	798.43
Total Liabilities & Equity	1,807	1,728	1,694	1,575	1,272	1,195
Total Debt	149.43	156.28	264.84	236.77	126.47	142.64
Net Cash (Debt)	-43.16	-71.31	-219.05	-196.24	4.31	-78.24
Net Cash Per Share	-0.93	-1.52	-4.66	-4.18	0.09	-1.67
Filing Date Shares Outstanding	45.69	46.04	46.18	46.48	46.23	46.39
Total Common Shares Outstanding	45.69	46.07	46.19	46.48	46.22	46.39
Working Capital	549.32	566.76	452.32	328.63	415.55	381.68
Book Value Per Share	27.79	26.19	23.12	20.36	18.34	17.17
Tangible Book Value	711.3	634.29	508.54	367.18	447.31	409.36
Tangible Book Value Per Share	15.57	13.77	11.01	7.90	9.68	8.82
Land	165.36	167.03	159.25	154.54	152.32	142.19
Machinery	381.32	373.22	347.76	340.4	335.73	320.17
Order Backlog	-	160.6	294.9	-	-	-

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