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	Nov 3, 2024	Feb 4, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
Cash & Equivalents	61.69	87.04	43.53	92.39	78.34	48.54
Short-Term Investments	-	-	-	0.42	1	0.89
Cash & Short-Term Investments	61.69	87.04	43.53	92.81	79.34	49.43
Cash Growth	63.47%	99.93%	-53.10%	16.98%	60.50%	-0.75%
Accounts Receivable	16.12	13.46	9.1	8.55	4.51	7.19
Other Receivables	-	-	-	6.41	3.99	0.37
Receivables	16.12	13.46	9.1	14.96	8.5	7.56
Inventory	113.45	98.44	119.63	108.97	50.52	36.4
Prepaid Expenses	16.73	11.66	10.38	1.73	2.94	2.47
Other Current Assets	1.96	3.85	5.07	6.69	2.1	4.31
Total Current Assets	209.93	214.45	187.72	225.16	143.4	100.18
Property, Plant & Equipment	234.93	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	1.53	1.46	1.41	1.41	1.52	1.35
Long-Term Deferred Tax Assets	19.12	10.8	8.68	9.84	-	-
Long-Term Deferred Charges	-	-	-	-	0.09	0.15
Other Long-Term Assets	34.05	28.67	22.36	-	-	-
Total Assets	499.71	482.18	408.63	371.58	171.02	125.66
Accounts Payable	48.67	28.82	24.58	33.25	24.31	19.89
Accrued Expenses	49.99	37.01	31.74	52.11	23.18	8.68
Current Portion of Leases	21.19	17.63	13.08	16.38	-	-
Current Income Taxes Payable	-	7.68	0.69	1.01	0.01	-
Current Unearned Revenue	16.64	8.26	6.76	13.32	5.99	1.65
Other Current Liabilities	4.6	6.97	5.2	2.72	2.83	2.18
Total Current Liabilities	141.09	106.36	82.04	118.78	56.32	32.4
Long-Term Leases	161.68	157.88	133.49	96.57	-	-
Other Long-Term Liabilities	0.45	0.45	-	-	6.75	3.11
Total Liabilities	303.22	264.68	215.53	215.35	63.07	35.51
Common Stock	-	-	-	-	-	0
Additional Paid-In Capital	189.3	183.1	182.55	173.76	171.38	168.32
Retained Earnings	7.2	34.4	10.54	-17.54	-63.44	-78.16
Total Common Equity	196.5	217.5	193.09	156.23	107.95	90.15
Shareholders' Equity	196.5	217.5	193.09	156.23	107.95	90.15
Total Liabilities & Equity	499.71	482.18	408.63	371.58	171.02	125.66
Total Debt	182.87	175.5	146.57	112.96	-	-
Net Cash (Debt)	-121.18	-88.47	-103.03	-20.14	79.34	49.43
Net Cash Growth	-	-	-	-	60.50%	-0.69%
Net Cash Per Share	-7.30	-5.37	-6.46	-1.25	5.17	3.47
Filing Date Shares Outstanding	15.43	15.49	15.2	15.12	15.02	14.47
Total Common Shares Outstanding	15.43	15.49	15.2	15.12	15.01	14.47
Working Capital	68.85	108.09	105.67	106.38	87.08	67.78
Book Value Per Share	12.73	14.04	12.71	10.33	7.19	6.23
Tangible Book Value	194.82	215.9	191.54	154.67	106.29	88.66
Tangible Book Value Per Share	12.63	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.