Genie Energy Ltd. (GNE)

Genie Energy 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	122.34	107.61	98.57	93.57	31.9	31.24
Short-Term Investments	2.49	0.4	0.49	1.34	5.09	-
Accounts Receivable	54.23	61.91	55.13	41.31	48.37	49.82
Inventory	5.64	14.6	15.71	17.72	16.93	16.63
Prepaid Expenses	11.74	16.22	6.82	4.16	4.45	6.32
Restricted Cash	9.18	10.44	6.01	6.66	6.27	6.79
Other Current Assets	3.43	5.48	6.21	2.35	3.17	2.13
Total Current Assets	216.13	229.83	227.63	200.35	133.82	112.94
Property, Plant & Equipment	22.06	17.33	2.78	1.95	2.13	5.96
Goodwill	12.66	10	10	10	11.88	12.14
Other Intangible Assets	2.55	2.74	3.13	3.53	4.69	6.84
Long-Term Investments	8	-	-	-	0.1	0.68
Long-Term Loans Receivable	-	-	-	-	-	0.2
Long-Term Deferred Tax Assets	5.21	5.2	5.8	5.2	5.1	12.15
Long-Term Deferred Charges	-	-	-	-	0.2	0.2
Other Long-Term Assets	51.88	58.05	11.96	7.26	5.3	5.14
Total Assets	322.78	330.56	277.62	229.47	187.34	156.24
Accounts Payable	26.59	27.88	25.31	14.54	26.93	24.39
Accrued Expenses	36.44	49.53	35.82	38.54	35.27	26.5
Short-Term Debt	-	-	-	-	1.45	0.92
Current Portion of Long-Term Debt	-	-	-	-	-	2.51
Current Unearned Revenue	4.01	5.58	1.76	-	-	13.43
Current Portion of Leases	0.19	0.31	0.25	0.23	0.45	0.48
Current Income Taxes Payable	9.06	6.7	22.58	9.51	1.89	1.59
Other Current Liabilities	7.1	8.25	13.48	53.47	31.48	2.34
Total Current Liabilities	83.38	98.25	99.2	116.29	97.47	72.16
Long-Term Debt	-	-	-	-	-	0.78
Long-Term Leases	1.74	1.95	1.7	1.5	1.5	1.92
Other Long-Term Liabilities	48.11	45.84	3.07	0.89	2.29	0.46
Total Liabilities	133.23	146.05	103.97	118.68	101.26	75.31
Preferred Stock, Redeemable	-	-	8.36	19.74	19.74	19.74
Total Preferred Equity	-	-	8.36	19.74	19.74	19.74
Common Stock	0.31	0.3	0.29	0.28	0.28	0.27
Additional Paid-In Capital	158.01	156.1	146.55	143.25	140.75	139.62
Retained Earnings	73.78	60.2	49.01	-29.12	-56.66	-59.67
Treasury Stock	-31.85	-22.66	-19.01	-14.03	-9.84	-7.68
Comprehensive Income & Other	1.84	3.3	1.93	3.16	3.83	2.52
Total Common Equity	202.08	197.24	178.76	103.54	78.35	75.06
Minority Interest	-12.52	-12.73	-13.47	-12.5	-12.02	-13.88
Shareholders' Equity	189.55	184.51	173.64	110.79	86.08	80.93
Total Liabilities & Equity	322.78	330.56	277.62	229.47	187.34	156.24
Total Debt	1.93	2.26	1.95	1.72	3.39	6.61
Net Cash (Debt)	122.91	105.74	97.11	93.18	33.6	24.63
Net Cash Growth	12.52%	8.89%	4.22%	177.35%	36.38%	-35.45%
Net Cash Per Share	4.61	4.06	3.68	3.54	1.25	0.90
Filing Date Shares Outstanding	26.89	27.36	26.01	26.21	26.36	26.34
Total Common Shares Outstanding	27.01	27.42	26	26.19	26.22	26.33
Working Capital	132.75	131.58	128.44	84.05	36.35	40.78
Book Value Per Share	7.48	7.19	6.88	3.95	2.99	2.85
Tangible Book Value	186.87	184.51	165.63	90.01	61.78	56.09
Tangible Book Value Per Share	6.92	6.73	6.37	3.44	2.36	2.13
Land	-	-	-	-	-	0.23
Buildings	-	-	-	-	0.06	2.35
Machinery	-	0.42	0.4	0.59	0.5	1.82
Construction In Progress	-	7.36	0.83	-	-	-

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