McGrath RentCorp (MGRC)

McGrath RentCorp 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	4.06	0.88	0.96	1.49	1.24	2.34
Cash & Short-Term Investments	4.06	0.88	0.96	1.49	1.24	2.34
Cash Growth	108.43%	-8.36%	-35.81%	20.44%	-47.14%	55.31%
Accounts Receivable	224.53	227.37	169.94	159.5	123.32	128.1
Receivables	224.53	227.37	169.94	159.5	123.32	128.1
Prepaid Expenses	67.38	-	-	43.95	33.25	35.46
Other Current Assets	-	-	196.25	-	-	-
Total Current Assets	318.25	228.25	367.14	204.94	157.8	165.9
Property, Plant & Equipment	195.59	183.91	150.31	146.33	144.51	140.95
Goodwill	323.22	323.22	106.4	132.39	28.2	28.2
Other Intangible Assets	56.89	64.59	35.43	47.05	7.12	7.33
Other Long-Term Assets	1,392	1,417	1,049	1,065	938.12	967.5
Total Assets	2,286	2,217	1,708	1,596	1,276	1,310
Accounts Payable	76.24	152.75	139.61	136.31	108.33	99.27
Current Portion of Leases	-	6.86	-	-	-	-
Total Current Liabilities	185.61	159.61	139.61	136.31	108.33	99.27
Long-Term Debt	608.56	762.98	413.74	426.45	222.75	293.43
Long-Term Leases	-	7.92	11.6	-	-	9.9
Long-Term Unearned Revenue	123.93	111.43	82.42	58.72	45.98	54.96
Long-Term Deferred Tax Liabilities	273.48	241.56	203.36	242.43	216.08	218.27
Other Long-Term Liabilities	-	-	53.17	-	-	-
Total Liabilities	1,192	1,283	903.9	863.91	593.14	675.84
Common Stock	113.99	111.12	110.08	108.61	106.29	106.36
Retained Earnings	980.24	822.8	693.94	623.47	576.42	527.75
Comprehensive Income & Other	-0.17	-0.12	-0.08	-0.05	-0.1	-0.07
Shareholders' Equity	1,094	933.8	803.95	732.02	682.6	634.04
Total Liabilities & Equity	2,286	2,217	1,708	1,596	1,276	1,310
Total Debt	608.56	777.75	425.34	426.45	222.75	303.33
Net Cash (Debt)	-604.51	-776.87	-424.39	-424.96	-221.52	-300.99
Net Cash Per Share	-24.62	-31.67	-17.31	-17.33	-9.03	-12.22
Filing Date Shares Outstanding	24.55	24.5	24.39	24.26	24.13	24.3
Total Common Shares Outstanding	24.55	24.5	24.39	24.26	24.13	24.3
Working Capital	132.64	68.64	227.54	68.62	49.47	66.62
Book Value Per Share	44.56	38.12	32.96	30.17	28.29	26.10
Tangible Book Value	713.95	545.99	662.11	552.58	647.29	598.51
Tangible Book Value Per Share	29.08	22.29	27.15	22.78	26.83	24.63
Land	-	75.14	61.49	54.43	54.43	54.42
Buildings	-	35.36	34.06	33.78	32.31	29.85
Machinery	-	65.27	61.26	82.53	79.98	78.49
Construction In Progress	-	14.81	0.9	3.29	1.76	0.27

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