Lifeway Foods, Inc. (LWAY)

Lifeway Foods 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	20.56	13.2	4.44	9.23	7.93	3.84
Cash & Short-Term Investments	20.56	13.2	4.44	9.23	7.93	3.84
Cash Growth	62.75%	196.98%	-51.87%	16.49%	106.62%	27.95%
Accounts Receivable	13.5	13.88	11.41	9.93	8	6.69
Other Receivables	0.38	-	0.04	0.34	0.03	0.68
Receivables	13.87	13.88	11.46	10.27	8.03	7.37
Inventory	8.44	9.1	9.63	8.29	6.93	6.39
Prepaid Expenses	1.89	2.02	1.45	1.25	1.16	1.6
Total Current Assets	44.77	38.2	26.98	29.05	24.05	19.2
Property, Plant & Equipment	26.45	22.96	21.08	20.35	21.39	23.01
Long-Term Investments	-	1.8	1.8	1.8	1.8	1.8
Goodwill	11.7	11.7	11.7	11.7	10.3	9.12
Other Intangible Assets	6.49	6.9	7.44	7.98	3.7	3.85
Other Long-Term Assets	1.9	0.1	-	-	-	-
Total Assets	91.31	81.65	69	70.87	61.25	56.99
Accounts Payable	11.12	9.98	7.98	6.61	5.59	5.28
Accrued Expenses	5.53	4.84	3.74	3.59	2.02	3.8
Current Portion of Long-Term Debt	-	1.25	1.25	1	-	-
Current Portion of Leases	0.06	0.07	0.07	0.13	0.18	0.29
Current Income Taxes Payable	-	0.47	-	0.73	0.65	0.15
Total Current Liabilities	16.71	16.62	13.04	12.06	8.44	9.52
Long-Term Debt	-	1.48	5.25	6.25	2.77	2.75
Long-Term Leases	0.08	0.12	0.1	0.09	0.17	0.49
Long-Term Deferred Tax Liabilities	3	3	3.03	3.2	2.94	0.92
Other Long-Term Liabilities	-	-	-	0.15	0.08	0.06
Total Liabilities	19.79	21.22	21.43	21.74	14.4	13.74
Common Stock	6.51	6.51	6.51	6.51	6.51	6.51
Additional Paid-In Capital	5.92	4.83	3.62	2.55	2.6	2.38
Retained Earnings	74.98	65.8	54.43	53.51	50.2	46.96
Treasury Stock	-15.88	-16.7	-16.99	-13.44	-12.45	-12.6
Shareholders' Equity	71.52	60.44	47.57	49.13	46.85	43.25
Total Liabilities & Equity	91.31	81.65	69	70.87	61.25	56.99
Total Debt	0.14	2.93	6.68	7.46	3.11	3.52
Net Cash (Debt)	20.42	10.27	-2.23	1.77	4.81	0.32
Net Cash Growth	206.13%	-	-	-63.23%	1413.84%	-
Net Cash Per Share	1.34	0.68	-0.14	0.11	0.31	0.02
Filing Date Shares Outstanding	14.82	14.69	14.64	15.47	15.6	15.58
Total Common Shares Outstanding	14.82	14.69	14.65	15.44	15.6	15.71
Working Capital	28.06	21.58	13.94	16.98	15.61	9.68
Book Value Per Share	4.83	4.11	3.25	3.18	3.00	2.75
Tangible Book Value	53.33	41.83	28.43	29.45	32.85	30.28
Tangible Book Value Per Share	3.60	2.85	1.94	1.91	2.11	1.93
Land	1.57	1.57	1.57	1.57	1.57	1.57
Buildings	22.67	21.66	19.34	17.92	17.83	17.33
Machinery	37.92	35.35	34.41	33.61	33.34	32.3
Construction In Progress	3.84	2.15	1.18	0.42	0.23	0.36

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