HNI Corporation (HNI)

HNI Corporation 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 28, 2024	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021	Dec 28, 2019
Cash & Equivalents	34.3	28.9	17.4	52.3	116.12	52.07
Short-Term Investments	5.9	5.6	2	1.4	1.69	1.1
Cash & Short-Term Investments	40.2	34.5	19.4	53.7	117.81	53.17
Cash Growth	33.11%	77.84%	-63.87%	-54.42%	121.57%	-31.96%
Receivables	261.9	246.7	218.1	238.7	203.22	275.42
Inventory	210.3	196.6	180.1	181.6	137.81	163.47
Prepaid Expenses	48.9	57.8	51.5	49.6	36.9	36.78
Other Current Assets	0.4	0.3	0.1	-0.1	-	-
Total Current Assets	561.7	535.9	469.2	523.5	495.74	528.83
Property, Plant & Equipment	659	682.6	452.5	459.9	442.27	456.52
Long-Term Investments	-	19.3	12.3	14.4	13.41	13.07
Goodwill	442.2	441.1	305.9	297.4	292.43	270.82
Other Intangible Assets	189.3	210.8	133.9	174.1	166.46	174.89
Long-Term Accounts Receivable	25.9	28.1	29.8	18.2	2.49	2.7
Long-Term Deferred Tax Assets	-	-	-	-	0.61	0.18
Long-Term Deferred Charges	0.6	0.9	1.2	-	-	-
Other Long-Term Assets	34.7	10.1	9.7	10.4	4.63	5.51
Total Assets	1,913	1,929	1,415	1,498	1,418	1,453
Accounts Payable	304.7	193.8	165.3	233.8	190.53	227.56
Accrued Expenses	3.3	153.3	140.1	178.5	166.65	156.04
Current Portion of Long-Term Debt	50.9	7.5	1.3	3.2	0.84	0.79
Current Portion of Leases	29.9	30.3	24	25.6	21.56	22.78
Current Unearned Revenue	82.7	67	58.6	58.7	53.07	54.97
Other Current Liabilities	42.8	11.8	5.8	6.6	6.38	16.57
Total Current Liabilities	514.3	463.7	395.1	506.4	439.03	478.71
Long-Term Debt	294.5	428.3	188.8	174.6	174.52	174.44
Long-Term Leases	105.7	111.9	86.6	71.2	57.77	59.81
Long-Term Deferred Tax Liabilities	73.1	85.1	61	75	74.71	87.2
Other Long-Term Liabilities	78.9	61.7	50	58.7	58.9	47.25
Total Liabilities	1,067	1,167	797.7	908	827.29	868.14
Common Stock	47.8	46.9	41.4	42.6	42.92	42.6
Additional Paid-In Capital	232.1	201.6	49.1	39.2	38.66	19.8
Retained Earnings	577.1	523.6	534	514.6	517.99	529.72
Comprehensive Income & Other	-10.4	-10.7	-8	-6.8	-9.15	-8.07
Total Common Equity	846.6	761.4	616.5	589.6	590.42	584.04
Minority Interest	0.3	0.3	0.3	0.3	0.33	0.32
Shareholders' Equity	846.9	761.7	616.8	589.9	590.75	584.37
Total Liabilities & Equity	1,913	1,929	1,415	1,498	1,418	1,453
Total Debt	481	578	300.7	274.6	254.69	257.83
Net Cash (Debt)	-440.8	-543.5	-281.3	-220.9	-136.88	-204.66
Net Cash Per Share	-9.12	-11.97	-6.67	-5.02	-3.18	-4.71
Filing Date Shares Outstanding	47.8	46.89	41.41	42.34	42.94	42.55
Total Common Shares Outstanding	47.8	46.9	41.4	42.58	42.92	42.6
Working Capital	47.4	72.2	74.1	17.1	56.71	50.13
Book Value Per Share	17.71	16.23	14.89	13.85	13.76	13.71
Tangible Book Value	215.1	109.5	176.7	118.1	131.52	138.34
Tangible Book Value Per Share	4.50	2.33	4.27	2.77	3.06	3.25
Land	59.4	58.9	30.8	30.9	29.69	29.39
Buildings	416.8	406.8	275.4	294.5	293.71	295.52
Machinery	699.4	705.8	602.6	593.6	578.64	581.23
Construction In Progress	20.7	22.2	34.2	29.7	17.75	20.88

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