Fortrea Holdings Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	105.3	108.6	112	94.6	80.3
Cash & Short-Term Investments	105.3	108.6	112	94.6	80.3
Cash Growth	-4.01%	-3.04%	18.39%	17.81%	-
Accounts Receivable	689.1	1,052	1,022	927	741.7
Other Receivables	-	22	29.2	22.8	51.9
Receivables	689.1	1,074	1,051	949.8	793.6
Prepaid Expenses	141	35.3	32.7	-	-
Other Current Assets	1.5	35.1	50.8	73.1	66
Total Current Assets	936.9	1,253	1,247	1,118	939.9
Property, Plant & Equipment	173.1	220.9	164.9	162.6	178.1
Goodwill	1,767	2,029	1,997	2,081	2,103
Other Intangible Assets	691.2	771.2	823.3	935.5	1,093
Long-Term Deferred Tax Assets	3.2	3.2	1.2	1.4	1.6
Other Long-Term Assets	92.3	79.5	54.3	70.8	24.8
Total Assets	3,664	4,357	4,288	4,369	4,340
Accounts Payable	137.6	132.8	81.5	60.5	67.2
Accrued Expenses	319.9	258.2	256.1	364.5	267.9
Current Portion of Long-Term Debt	0.7	26.1	-	-	-
Current Portion of Leases	14	19.5	23.3	24	26.6
Current Income Taxes Payable	-	61.9	39.5	40.5	33.8
Current Unearned Revenue	321.1	241.4	271.5	307	266.6
Other Current Liabilities	2.5	36	27.1	30.2	38.4
Total Current Liabilities	795.8	775.9	699	826.7	700.5
Long-Term Debt	1,127	1,569	-	-	-
Long-Term Leases	65.4	66.5	40.1	53.2	58.3
Long-Term Deferred Tax Liabilities	126.9	148.8	184.5	210.3	253.5
Other Long-Term Liabilities	35.4	57.5	19.6	13.3	36.5
Total Liabilities	2,150	2,618	945.3	1,108	1,049
Common Stock	0.1	0.1	3,619	3,409	3,412
Additional Paid-In Capital	2,027	2,006	-	-	-
Retained Earnings	-335.8	-49.1	-	-	-
Comprehensive Income & Other	-178.1	-218.4	-276	-148.4	-120.4
Shareholders' Equity	1,514	1,739	3,343	3,261	3,292
Total Liabilities & Equity	3,664	4,357	4,288	4,369	4,340
Total Debt	1,207	1,681	63.4	77.2	84.9
Net Cash (Debt)	-1,102	-1,572	48.6	17.4	-4.6
Net Cash Growth	-	-	179.31%	-	-
Net Cash Per Share	-12.34	-17.70	0.55	0.20	-
Filing Date Shares Outstanding	89.7	89.4	88.8	88.8	-
Total Common Shares Outstanding	89.7	88.8	88.8	88.8	-
Working Capital	141.1	477.2	547.9	290.8	239.4
Book Value Per Share	16.87	19.58	37.64	-	-
Tangible Book Value	-944.7	-1,062	522	244.2	95.6
Tangible Book Value Per Share	-10.53	-11.96	5.88	-	-
Land	-	6	14.6	15.5	15.6
Machinery	-	92.5	83	80.7	62.4
Construction In Progress	-	45.9	41.4	12.2	14
Leasehold Improvements	-	72.1	30	31.9	36.9
Order Backlog	-	7,400	-	-	7,858

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