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	Jun 29, 2024	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021	Dec 28, 2019
Cash & Equivalents	28.2	28.9	17.4	52.3	116.12	52.07
Short-Term Investments	5.3	5.6	2	1.4	1.69	1.1
Cash & Short-Term Investments	33.5	34.5	19.4	53.7	117.81	53.17
Cash Growth	13.56%	77.84%	-63.87%	-54.42%	121.57%	-31.96%
Receivables	259.8	246.7	218.1	238.7	203.22	275.42
Inventory	222.8	196.6	180.1	181.6	137.81	163.47
Prepaid Expenses	51.5	57.8	51.5	49.6	36.9	36.78
Other Current Assets	0.5	0.3	0.1	-0.1	-	-
Total Current Assets	568.1	535.9	469.2	523.5	495.74	528.83
Property, Plant & Equipment	672.2	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	196.5	210.8	133.9	174.1	166.46	174.89
Long-Term Accounts Receivable	26.8	28.1	29.8	18.2	2.49	2.7
Long-Term Deferred Tax Assets	-	-	-	-	0.61	0.18
Long-Term Deferred Charges	0.7	0.9	1.2	-	-	-
Other Long-Term Assets	34.3	10.1	9.7	10.4	4.63	5.51
Total Assets	1,941	1,929	1,415	1,498	1,418	1,453
Accounts Payable	275.3	193.8	165.3	233.8	190.53	227.56
Accrued Expenses	2.4	153.3	140.1	178.5	166.65	156.04
Current Portion of Long-Term Debt	50.7	7.5	1.3	3.2	0.84	0.79
Current Portion of Leases	30.5	30.3	24	25.6	21.56	22.78
Current Unearned Revenue	69.2	67	58.6	58.7	53.07	54.97
Other Current Liabilities	46.1	11.8	5.8	6.6	6.38	16.57
Total Current Liabilities	474.2	463.7	395.1	506.4	439.03	478.71
Long-Term Debt	411.7	428.3	188.8	174.6	174.52	174.44
Long-Term Leases	109.5	111.9	86.6	71.2	57.77	59.81
Long-Term Deferred Tax Liabilities	77.7	85.1	61	75	74.71	87.2
Other Long-Term Liabilities	79.6	61.7	50	58.7	58.9	47.25
Total Liabilities	1,153	1,167	797.7	908	827.29	868.14
Common Stock	47.1	46.9	41.4	42.6	42.92	42.6
Additional Paid-In Capital	204	201.6	49.1	39.2	38.66	19.8
Retained Earnings	545.7	523.6	534	514.6	517.99	529.72
Comprensive Income & Other	-9	-10.7	-8	-6.8	-9.15	-8.07
Total Common Equity	787.8	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	788.1	761.7	616.8	589.9	590.75	584.37
Total Liabilities & Equity	1,941	1,929	1,415	1,498	1,418	1,453
Total Debt	602.4	578	300.7	274.6	254.69	257.83
Net Cash (Debt)	-568.9	-543.5	-281.3	-220.9	-136.88	-204.66
Net Cash Per Share	-11.78	-11.97	-6.67	-5.02	-3.18	-4.71
Filing Date Shares Outstanding	47.14	46.89	41.41	42.34	42.94	42.55
Total Common Shares Outstanding	47.14	46.9	41.4	42.58	42.92	42.6
Working Capital	93.9	72.2	74.1	17.1	56.71	50.13
Book Value Per Share	16.71	16.23	14.89	13.85	13.76	13.71
Tangible Book Value	149.1	109.5	176.7	118.1	131.52	138.34
Tangible Book Value Per Share	3.16	2.33	4.27	2.77	3.06	3.25
Land	59.2	58.9	30.8	30.9	29.69	29.39
Buildings	413.4	406.8	275.4	294.5	293.71	295.52
Machinery	708.1	705.8	602.6	593.6	578.64	581.23
Construction In Progress	23.3	22.2	34.2	29.7	17.75	20.88

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