Landsea Homes Corporation (LSEA)

Landsea Homes 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	32.2	119.56	123.63	342.81	105.78	154.04
Cash & Short-Term Investments	32.2	119.56	123.63	342.81	105.78	154.04
Cash Growth	-75.88%	-3.30%	-63.94%	224.08%	-31.33%	54.25%
Accounts Receivable	2.6	5.95	7.18	6.13	-	-
Other Receivables	5.43	4.35	3.74	4.47	2.66	0.43
Receivables	8.03	10.3	10.92	10.6	2.66	0.46
Inventory	1,408	1,122	1,093	844.79	687.82	598.18
Prepaid Expenses	-	8.99	4.9	5.31	3.03	2.92
Restricted Cash	4.05	49.09	17.1	4.52	15.89	11.17
Other Current Assets	-	-	-	0.65	1	-
Total Current Assets	1,453	1,310	1,250	1,209	816.18	766.77
Property, Plant & Equipment	24.8	24.53	25.12	19.19	12.36	14.07
Long-Term Investments	-	0.02	0.04	0.47	21.34	42.96
Goodwill	155.6	68.64	68.64	24.46	20.71	5.32
Other Intangible Assets	-	-	0.04	0.91	1.05	-
Long-Term Deferred Tax Assets	-	18.49	13.57	7.27	13.25	8.22
Long-Term Deferred Charges	-	-	-	-	7.62	-
Other Long-Term Assets	93.66	49.89	83.16	4.54	3.27	1.88
Total Assets	1,727	1,471	1,440	1,266	895.76	839.22
Accounts Payable	95.92	77.97	74.45	73.73	36.24	16.49
Accrued Expenses	190.78	30.45	24.72	20.29	13.97	9.62
Current Portion of Leases	2.76	3.31	-	-	-	1.8
Current Income Taxes Payable	-	4.64	3.42	12.08	1.36	5.74
Other Current Liabilities	-	48.95	46.66	15.69	11.73	8.69
Total Current Liabilities	289.46	165.31	149.24	121.8	63.3	42.35
Long-Term Debt	732.14	543.77	505.42	461.12	264.81	189.96
Long-Term Leases	23.11	9.76	16.43	13.19	6.4	4.91
Long-Term Unearned Revenue	-	0.18	-	3.97	-	-
Other Long-Term Liabilities	0.88	63.85	59.09	44.04	31.78	18.63
Total Liabilities	1,046	782.88	730.18	644.12	366.28	255.85
Common Stock	0	0	0	0.01	0	-
Additional Paid-In Capital	461.06	465.29	497.6	535.35	496.17	524.52
Retained Earnings	201.77	187.58	158.35	84.8	32.01	40.96
Total Common Equity	662.83	652.88	655.95	620.15	528.19	565.48
Minority Interest	18.19	35.47	54.37	1.25	1.3	17.89
Shareholders' Equity	681.02	688.35	710.32	621.4	529.49	583.37
Total Liabilities & Equity	1,727	1,471	1,440	1,266	895.76	839.22
Total Debt	758.01	556.84	521.85	474.31	271.21	196.68
Net Cash (Debt)	-725.81	-437.29	-398.22	-131.5	-165.43	-42.63
Net Cash Per Share	-19.71	-11.19	-9.44	-2.91	-5.08	-1.31
Filing Date Shares Outstanding	36.28	36.13	39.98	46.44	-	-
Total Common Shares Outstanding	36.28	36.52	40.88	46.28	-	-
Working Capital	1,163	1,144	1,101	1,087	752.89	724.42
Book Value Per Share	18.27	17.88	16.04	13.40	-	-
Tangible Book Value	507.24	584.24	587.27	594.78	506.43	560.16
Tangible Book Value Per Share	13.98	16.00	14.36	12.85	-	-
Order Backlog	-	335.6	380.9	-	-	-

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