GlobalFoundries Inc. (GFS)

GlobalFoundries 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	2,286	2,387	2,352	2,939	908.08	997.32
Short-Term Investments	1,187	1,033	622	-	-	-
Trading Asset Securities	-	22	-	-	-	-
Cash & Short-Term Investments	3,473	3,442	2,974	2,939	908.08	997.32
Cash Growth	20.01%	15.74%	1.19%	223.65%	-8.95%	-
Accounts Receivable	752	1,035	848	915	829.48	1,604
Other Receivables	514	333	560	293	279.11	412.51
Receivables	1,266	1,368	1,408	1,208	1,109	2,065
Inventory	1,802	1,487	1,339	1,121	919.52	351.92
Prepaid Expenses	-	-	-	-	-	26.83
Restricted Cash	-	-	-	-	-	32.63
Other Current Assets	57	30	79	23	50.53	40.07
Total Current Assets	6,598	6,327	5,800	5,291	2,987	3,514
Property, Plant & Equipment	9,442	10,164	10,596	8,713	8,226	9,611
Long-Term Investments	860	474	416	-	36.7	85.5
Goodwill	-	18	18	18	18.02	5.48
Other Intangible Assets	552	373	345	359	529.92	629.3
Long-Term Deferred Tax Assets	197	241	292	353	443.57	408.05
Other Long-Term Assets	456	447	374	294	80.5	118.2
Total Assets	18,105	18,044	17,841	15,028	12,322	14,498
Accounts Payable	2,003	511	532	551	414.55	4.04
Accrued Expenses	-	496	573	603	470.8	558.81
Current Portion of Long-Term Debt	541	574	223	297	381.81	686.91
Current Portion of Leases	93	32	75	135	131.27	130.91
Current Income Taxes Payable	-	-	-	-	-	37.06
Current Unearned Revenue	86	1,010	775	680	179.68	142.65
Other Current Liabilities	-	476	1,181	897	317.96	775.69
Total Current Liabilities	2,723	3,099	3,359	3,163	1,896	2,336
Long-Term Debt	1,772	1,801	2,291	1,724	1,989	2,042
Long-Term Leases	443	350	270	291	333.24	388.26
Long-Term Unearned Revenue	242	1,355	1,620	1,515	158.96	196.12
Long-Term Deferred Tax Liabilities	-	6	26	2	8.42	0.59
Other Long-Term Liabilities	1,343	282	315	300	694.01	515.08
Total Liabilities	6,523	6,893	7,881	6,995	5,080	5,478
Common Stock	11	11	11	11	10	10
Additional Paid-In Capital	23,971	24,027	23,831	23,487	11,708	11,707
Retained Earnings	-12,536	-13,001	-14,021	-15,469	-15,219	-13,871
Comprehensive Income & Other	87	67	92	-54	10,677	11,174
Total Common Equity	11,533	11,104	9,913	7,975	7,176	9,019
Minority Interest	49	47	47	58	65.13	-
Shareholders' Equity	11,582	11,151	9,960	8,033	7,242	9,019
Total Liabilities & Equity	18,105	18,044	17,841	15,028	12,322	14,498
Total Debt	2,849	2,757	2,859	2,447	2,836	3,248
Net Cash (Debt)	1,484	1,153	487	492	-1,928	-2,251
Net Cash Growth	131.51%	136.76%	-1.02%	-	-	-
Net Cash Per Share	2.67	2.07	0.88	0.97	-3.86	-4.47
Filing Date Shares Outstanding	552.65	553.55	547.75	531.85	500	504
Total Common Shares Outstanding	552.65	553.55	547.75	531.85	500	504
Working Capital	3,875	3,228	2,441	2,128	1,091	1,178
Book Value Per Share	20.87	20.06	18.10	14.99	14.35	17.89
Tangible Book Value	10,981	10,713	9,550	7,598	6,628	8,384
Tangible Book Value Per Share	19.87	19.35	17.43	14.29	13.26	16.64
Land	92	138	122	130	104.45	107.01
Buildings	7,741	8,581	7,867	7,576	7,440	7,331
Machinery	25,854	24,729	23,008	22,785	22,450	22,154
Construction In Progress	264	1,512	3,384	1,423	450.79	232.38

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