Hydrofarm Holdings Group, Inc. (HYFM)

Hydrofarm Holdings Group 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	24.4	30.31	21.29	26.61	75.18	22.87
Cash & Short-Term Investments	24.4	30.31	21.29	26.61	75.18	22.87
Cash Growth	-24.81%	42.37%	-19.98%	-64.61%	228.78%	-18.11%
Accounts Receivable	14.92	15.82	16.65	34.36	19.33	14.8
Other Receivables	0.83	1.07	0.58	7.13	2.29	0.45
Receivables	15.76	16.89	17.23	42.11	24.78	20.04
Inventory	58.22	75.35	111.4	189.13	88.62	50.23
Prepaid Expenses	4.55	5.51	5.03	9.76	9.57	1.84
Restricted Cash	-	-	-	1.78	1.78	9.99
Other Current Assets	0.47	-	-	-	-	-
Total Current Assets	103.4	128.07	154.95	269.38	199.92	104.97
Property, Plant & Equipment	85.49	101.85	116.4	95.72	22.28	22.07
Goodwill	-	-	-	204.87	-	-
Other Intangible Assets	255.26	275.88	300.37	314.82	52.42	57.41
Long-Term Deferred Tax Assets	-	-	-	0.39	0.34	-
Long-Term Deferred Charges	0.38	0.54	0.58	-	-	-
Other Long-Term Assets	1.41	1.3	0.79	6.06	0.84	1.21
Total Assets	445.94	507.64	573.56	891.24	275.8	185.65
Accounts Payable	10.17	12.61	13.63	26.69	22.64	17.22
Accrued Expenses	8.78	9.53	12.76	16.23	21.03	6.8
Current Portion of Long-Term Debt	1.32	2.99	1.31	1.52	0.59	34.4
Current Portion of Leases	8.14	9.29	9.8	7.94	3.86	3.61
Current Income Taxes Payable	0.33	-	0.45	0.73	0.59	-
Current Unearned Revenue	2.82	3.23	3.65	18.27	-	-
Other Current Liabilities	0.39	-	-	17.03	-	2.39
Total Current Liabilities	31.95	37.65	41.61	88.42	48.7	64.42
Long-Term Debt	114.82	115.41	117.46	117.89	0.07	72.74
Long-Term Leases	48.38	56.24	57.5	40.22	15.54	16.15
Long-Term Deferred Tax Liabilities	3.23	3.23	2.69	5.63	-	-
Other Long-Term Liabilities	4.58	4.5	4.43	3.9	0.57	1.16
Total Liabilities	202.96	217.03	223.68	256.06	64.88	154.47
Common Stock	0.01	0.01	0.01	0	0	0
Additional Paid-In Capital	790.01	787.85	783.04	777.07	364.25	156.18
Retained Earnings	-539.95	-490.74	-425.93	-140.52	-153.93	-146.66
Comprehensive Income & Other	-7.09	-6.5	-7.24	-1.38	0.6	-0.14
Total Common Equity	242.98	290.61	349.88	635.18	210.92	9.38
Shareholders' Equity	242.98	290.61	349.88	635.18	210.92	31.18
Total Liabilities & Equity	445.94	507.64	573.56	891.24	275.8	185.65
Total Debt	172.66	183.93	186.07	167.57	20.06	126.9
Net Cash (Debt)	-148.25	-153.62	-164.78	-140.97	55.12	-104.03
Net Cash Per Share	-3.23	-3.38	-3.66	-3.28	2.59	-5.03
Filing Date Shares Outstanding	46.14	45.79	45.26	44.71	33.85	20.69
Total Common Shares Outstanding	46.08	45.79	45.2	44.62	33.5	20.69
Working Capital	71.45	90.41	113.34	180.97	151.22	40.55
Book Value Per Share	5.27	6.35	7.74	14.24	6.30	0.45
Tangible Book Value	-12.28	14.73	49.52	115.49	158.5	-48.03
Tangible Book Value Per Share	-0.27	0.32	1.10	2.59	4.73	-2.32
Land	5.65	6.11	6.11	6.12	0.22	-
Buildings	10.27	10.13	9.92	9.51	0.19	-
Machinery	31.93	35.08	35.09	31.24	6.88	3.2
Leasehold Improvements	3.19	5.17	4.18	3.21	2.07	2.72

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