The Lovesac Company (LOVE)

The Lovesac Company Balance Sheet

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Aug 4, 2024	Feb 4, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
Cash & Equivalents	72.13	87.04	43.53	92.39	78.34	48.54
Short-Term Investments	-	-	-	0.42	1	0.89
Cash & Short-Term Investments	72.13	87.04	43.53	92.81	79.34	49.43
Cash Growth	31.82%	99.93%	-53.10%	16.98%	60.50%	-0.75%
Accounts Receivable	14.79	13.46	9.1	8.55	4.51	7.19
Other Receivables	-	-	-	6.41	3.99	0.37
Receivables	14.79	13.46	9.1	14.96	8.5	7.56
Inventory	88.29	98.44	119.63	108.97	50.52	36.4
Prepaid Expenses	15.28	11.66	10.38	1.73	2.94	2.47
Other Current Assets	3.68	3.85	5.07	6.69	2.1	4.31
Total Current Assets	194.16	214.45	187.72	225.16	143.4	100.18
Property, Plant & Equipment	236.14	226.66	188.32	135.03	25.87	23.84
Goodwill	0.14	0.14	0.14	0.14	0.14	0.14
Other Intangible Assets	1.43	1.46	1.41	1.41	1.52	1.35
Long-Term Deferred Tax Assets	16.89	10.8	8.68	9.84	-	-
Long-Term Deferred Charges	-	-	-	-	0.09	0.15
Other Long-Term Assets	32.32	28.67	22.36	-	-	-
Total Assets	481.08	482.18	408.63	371.58	171.02	125.66
Accounts Payable	28.52	28.82	24.58	33.25	24.31	19.89
Accrued Expenses	47.44	37.01	31.74	52.11	23.18	8.68
Current Portion of Leases	19.01	17.63	13.08	16.38	-	-
Current Income Taxes Payable	-	7.68	0.69	1.01	0.01	-
Current Unearned Revenue	15.3	8.26	6.76	13.32	5.99	1.65
Other Current Liabilities	4.8	6.97	5.2	2.72	2.83	2.18
Total Current Liabilities	115.08	106.36	82.04	118.78	56.32	32.4
Long-Term Leases	163.41	157.88	133.49	96.57	-	-
Other Long-Term Liabilities	0.45	0.45	-	-	6.75	3.11
Total Liabilities	278.93	264.68	215.53	215.35	63.07	35.51
Common Stock	-	-	-	-	-	0
Additional Paid-In Capital	186.56	183.1	182.55	173.76	171.38	168.32
Retained Earnings	15.58	34.4	10.54	-17.54	-63.44	-78.16
Total Common Equity	202.14	217.5	193.09	156.23	107.95	90.15
Shareholders' Equity	202.14	217.5	193.09	156.23	107.95	90.15
Total Liabilities & Equity	481.08	482.18	408.63	371.58	171.02	125.66
Total Debt	182.42	175.5	146.57	112.96	-	-
Net Cash (Debt)	-110.29	-88.47	-103.03	-20.14	79.34	49.43
Net Cash Growth	-	-	-	-	60.50%	-0.69%
Net Cash Per Share	-6.65	-5.37	-6.46	-1.25	5.17	3.47
Filing Date Shares Outstanding	15.56	15.49	15.2	15.12	15.02	14.47
Total Common Shares Outstanding	15.56	15.49	15.2	15.12	15.01	14.47
Working Capital	79.08	108.09	105.67	106.38	87.08	67.78
Book Value Per Share	12.99	14.04	12.71	10.33	7.19	6.23
Tangible Book Value	200.57	215.9	191.54	154.67	106.29	88.66
Tangible Book Value Per Share	12.89	13.94	12.60	10.23	7.08	6.13
Machinery	-	19.62	14.33	9.9	7.94	6.77
Construction In Progress	-	7.83	6.33	2.77	2.1	2.19
Leasehold Improvements	-	80.5	60.96	40.79	33.83	28.07

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