HNI Corporation (HNI)

HNI Corporation Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 28, 2024	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021
Cash & Equivalents	22.5	28.9	17.4	52.3	116.12
Short-Term Investments	6.4	5.6	2	1.4	1.69
Cash & Short-Term Investments	28.9	34.5	19.4	53.7	117.81
Cash Growth	-16.23%	77.84%	-63.87%	-54.42%	121.57%
Receivables	249.6	246.7	218.1	238.7	203.22
Inventory	194.3	196.6	180.1	181.6	137.81
Prepaid Expenses	51.3	58.2	51.5	49.6	36.9
Other Current Assets	0.4	-0.1	0.1	-0.1	-
Total Current Assets	524.5	535.9	469.2	523.5	495.74
Property, Plant & Equipment	665.7	682.6	452.5	459.9	442.27
Long-Term Investments	19.1	19.3	12.3	14.4	13.41
Goodwill	442.2	441.1	305.9	297.4	292.43
Other Intangible Assets	182.1	210.8	133.9	174.1	166.46
Long-Term Accounts Receivable	26.2	28.1	29.8	18.2	2.49
Long-Term Deferred Tax Assets	-	-	-	-	0.61
Long-Term Deferred Charges	0.5	-	1.2	-	-
Other Long-Term Assets	14.8	11	9.7	10.4	4.63
Total Assets	1,875	1,929	1,415	1,498	1,418
Accounts Payable	190.4	193.8	165.3	233.8	190.53
Accrued Expenses	128.1	153.3	140.1	178.5	166.65
Current Portion of Long-Term Debt	50.3	7.5	1.3	3.2	0.84
Current Portion of Leases	33.7	30.3	24	25.6	21.56
Current Unearned Revenue	67.5	67	58.6	58.7	53.07
Other Current Liabilities	7.5	11.8	5.8	6.6	6.38
Total Current Liabilities	477.5	463.7	395.1	506.4	439.03
Long-Term Debt	294.3	428.3	188.8	174.6	174.52
Long-Term Leases	118.5	111.9	86.6	71.2	57.77
Long-Term Deferred Tax Liabilities	71.6	85.1	61	75	74.71
Other Long-Term Liabilities	57.4	61.7	50	58.7	58.9
Total Liabilities	1,035	1,167	797.7	908	827.29
Common Stock	47.2	46.9	41.4	42.6	42.92
Additional Paid-In Capital	201.5	201.6	49.1	39.2	38.66
Retained Earnings	599.6	523.6	534	514.6	517.99
Comprehensive Income & Other	-8.2	-10.7	-8	-6.8	-9.15
Total Common Equity	840.1	761.4	616.5	589.6	590.42
Minority Interest	0.3	0.3	0.3	0.3	0.33
Shareholders' Equity	840.4	761.7	616.8	589.9	590.75
Total Liabilities & Equity	1,875	1,929	1,415	1,498	1,418
Total Debt	496.8	578	300.7	274.6	254.69
Net Cash (Debt)	-467.9	-543.5	-281.3	-220.9	-136.88
Net Cash Per Share	-9.65	-11.97	-6.67	-5.02	-3.18
Filing Date Shares Outstanding	47.02	46.89	41.41	42.34	42.94
Total Common Shares Outstanding	47.2	46.9	41.4	42.58	42.92
Working Capital	47	72.2	74.1	17.1	56.71
Book Value Per Share	17.80	16.23	14.89	13.85	13.76
Tangible Book Value	215.8	109.5	176.7	118.1	131.52
Tangible Book Value Per Share	4.57	2.33	4.27	2.77	3.06
Land	58.5	58.9	30.8	30.9	29.69
Buildings	407.9	406.8	275.4	294.5	293.71
Machinery	685.9	705.8	602.6	593.6	578.64
Construction In Progress	25.9	22.2	34.2	29.7	17.75

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