FTAI Aviation Ltd. (FTAI)

FTAI Aviation 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	111.89	90.76	33.57	138.21	121.7	226.51
Cash & Short-Term Investments	111.89	90.76	33.57	138.21	121.7	226.51
Cash Growth	111.59%	170.39%	-75.71%	13.56%	-46.27%	127.42%
Accounts Receivable	166.34	118.16	105.84	132.52	98.62	57.79
Other Receivables	-	43.5	37.9	46.9	55.1	45.3
Receivables	166.34	263.96	192.94	201.82	154.42	103.09
Inventory	491	316.64	163.68	100.31	58.3	15.2
Prepaid Expenses	-	7.8	1.9	4	10.1	4.1
Restricted Cash	0.15	0.15	19.5	-	39.72	16.01
Other Current Assets	119.01	-	-	2,442	-	-
Total Current Assets	888.39	679.3	411.58	2,887	384.24	364.9
Property, Plant & Equipment	103.61	48.58	13.01	42.06	1,027	769.58
Long-Term Investments	19.45	22.72	22.04	22.92	146.52	180.55
Goodwill	31.53	4.63	-	-	122.74	122.64
Other Intangible Assets	38	66.89	48.76	36.06	25.19	52.19
Long-Term Deferred Tax Assets	-	60.37	-	1.31	-	-
Long-Term Deferred Charges	-	-	-	-	1.6	1.7
Other Long-Term Assets	2,658	2,082	1,934	1,875	1,681	1,745
Total Assets	3,739	2,965	2,430	4,864	3,388	3,237
Accounts Payable	196.66	106.48	81.71	83.26	110.41	121.45
Accrued Expenses	-	0.22	0.05	1.5	1.46	22.61
Current Portion of Long-Term Debt	-	-	-	100.53	25	182.02
Other Current Liabilities	118.47	112.65	116.22	1,130	186.67	254.99
Total Current Liabilities	315.13	219.36	197.98	1,315	323.54	581.07
Long-Term Debt	3,218	2,517	2,176	2,401	1,880	1,239
Long-Term Leases	-	-	-	-	62	36.97
Long-Term Deferred Tax Liabilities	-	-	3.25	-	6.16	19.79
Other Long-Term Liabilities	86.91	52.1	33.21	23.89	17.19	21.33
Total Liabilities	3,620	2,789	2,410	3,740	2,289	1,898
Common Stock	1.03	1	1	0.99	0.86	0.85
Additional Paid-In Capital	292.9	255.97	343.35	1,412	1,130	1,110
Retained Earnings	-175.55	-81.79	-325.6	-132.39	-28.16	190.45
Comprehensive Income & Other	-	-	-	-156.38	-26.24	0.37
Total Common Equity	118.37	175.19	18.75	1,124	1,077	1,302
Minority Interest	-	0.53	0.52	-0.19	22.66	36.98
Shareholders' Equity	118.53	175.88	19.4	1,124	1,099	1,339
Total Liabilities & Equity	3,739	2,965	2,430	4,864	3,388	3,237
Total Debt	3,218	2,517	2,176	2,502	1,967	1,458
Net Cash (Debt)	-3,106	-2,427	-2,142	-2,363	-1,845	-1,231
Net Cash Per Share	-30.77	-24.16	-21.55	-26.28	-21.45	-14.31
Filing Date Shares Outstanding	102.55	100.25	99.73	99.19	85.62	84.99
Total Common Shares Outstanding	102.55	100.25	99.72	99.18	85.62	84.92
Working Capital	573.26	459.94	213.6	1,572	60.69	-216.17
Book Value Per Share	1.15	1.75	0.19	11.33	12.57	15.33
Tangible Book Value	48.84	103.67	-30.01	1,088	928.65	1,127
Tangible Book Value Per Share	0.48	1.03	-0.30	10.97	10.85	13.27
Land	-	-	-	-	52.05	51.9
Buildings	-	-	-	-	4.49	3.78
Machinery	-	-	-	1.37	570.9	531.07
Construction In Progress	-	-	-	36.78	425.26	211.11

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