Granite Construction Incorporated (GVA)

Granite Construction 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	462.29	417.66	293.99	395.65	425.29	262.27
Short-Term Investments	154.24	207.1	223.18	189.91	188.8	220.91
Cash & Short-Term Investments	616.53	624.76	517.17	585.56	614.09	483.18
Cash Growth	16.31%	20.80%	-11.68%	-4.65%	27.09%	-9.55%
Accounts Receivable	974.58	785.61	634.11	550.53	518.27	703.33
Other Receivables	80.09	76.08	71.79	59.5	51.38	55.53
Receivables	1,055	861.69	705.9	610.03	569.66	758.86
Inventory	107.97	103.9	86.81	61.97	62.47	88.89
Other Current Assets	34.93	53.1	37.41	569.85	209.03	46.02
Total Current Assets	1,814	1,643	1,347	1,827	1,455	1,377
Property, Plant & Equipment	805.98	741.04	558.29	482.82	474.14	614.83
Long-Term Investments	94.92	92.91	107.29	38.97	32.84	89.18
Goodwill	211.62	155	73.7	53.72	53.72	264.28
Other Intangible Assets	131.58	117.32	9.21	9.5	10.6	47.06
Long-Term Deferred Tax Assets	4.99	8.18	22.21	24.14	43.11	50.16
Other Long-Term Assets	67.73	55.63	49.93	58.39	310.35	59.65
Total Assets	3,131	2,814	2,168	2,495	2,380	2,502
Accounts Payable	509.98	408.36	334.39	324.31	321.35	400.78
Accrued Expenses	205.4	187.35	159.34	164.46	165.44	125.03
Current Portion of Long-Term Debt	1.1	39.93	1.45	12.24	15.88	12.85
Current Portion of Leases	18.61	16.83	18.66	-	-	-
Current Unearned Revenue	292.64	243.85	173.29	200.04	162.93	95.74
Other Current Liabilities	137.1	133.56	110.47	368.26	277.66	207.67
Total Current Liabilities	1,165	1,030	797.59	1,069	943.26	842.06
Long-Term Debt	737.46	614.78	286.93	331.19	330.52	356.11
Long-Term Leases	70.98	63.55	32.17	32.93	39.82	58.62
Long-Term Deferred Tax Liabilities	3.42	3.71	1.89	1.86	2.02	3.75
Other Long-Term Liabilities	84.56	70.95	60.5	59.17	67.47	58.14
Total Liabilities	2,061	1,787	1,183	1,499	1,388	1,324
Common Stock	0.44	0.44	0.44	0.46	0.46	0.46
Additional Paid-In Capital	437.34	474.13	470.41	559.75	555.41	549.31
Retained Earnings	568.88	501.84	481.38	410.83	424.84	594.35
Comprehensive Income & Other	0.44	0.88	0.79	-3.36	-5.04	-2.65
Total Common Equity	1,007	977.3	953.02	967.68	975.66	1,141
Minority Interest	62.59	49.67	32.13	27.88	15.95	36.95
Shareholders' Equity	1,070	1,027	985.15	995.56	991.61	1,178
Total Liabilities & Equity	3,131	2,814	2,168	2,495	2,380	2,502
Total Debt	828.15	735.09	339.21	376.36	386.22	427.57
Net Cash (Debt)	-211.62	-110.33	204.53	224.8	233.07	60.61
Net Cash Growth	-	-	-9.02%	-3.55%	284.54%	-67.55%
Net Cash Per Share	-3.61	-2.10	3.91	4.72	5.11	1.30
Filing Date Shares Outstanding	43.71	43.97	43.74	45.88	45.79	45.68
Total Common Shares Outstanding	43.7	43.94	43.74	45.84	45.67	45.5
Working Capital	649.28	613.57	549.7	758.08	511.99	534.89
Book Value Per Share	23.04	22.24	21.79	21.11	21.36	25.09
Tangible Book Value	663.89	704.97	870.1	904.47	911.35	830.14
Tangible Book Value Per Share	15.19	16.04	19.89	19.73	19.96	18.24
Land	129.05	105.87	105.73	108.52	117.71	132.53
Buildings	114.02	102.68	103.66	96.18	94.75	122.32
Machinery	1,278	1,212	1,077	945.72	882.22	1,016

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