The Middleby Corporation (MIDD)

The Middleby Corporation 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 28, 2024	Dec 30, 2023	Dec 31, 2022	Jan 1, 2022	Jan 2, 2021	Dec 28, 2019
Cash & Equivalents	606	247.5	162	180.36	268.1	94.5
Trading Asset Securities	-	2.9	6.81	-	-	-
Cash & Short-Term Investments	606	250.39	168.81	180.36	268.1	94.5
Cash Growth	255.48%	48.33%	-6.41%	-32.73%	183.71%	31.80%
Receivables	614.98	691.65	671.57	598.73	383.69	470.29
Inventory	905.87	935.87	1,078	837.42	540.2	585.7
Prepaid Expenses	164.77	87.95	87.89	90.57	78.5	58.71
Total Current Assets	2,292	1,966	2,006	1,707	1,270	1,209
Property, Plant & Equipment	510.56	620.27	545.84	474.37	441.68	448.8
Long-Term Investments	-	39.88	58.18	3.65	-	1.83
Goodwill	2,507	2,486	2,412	2,243	1,934	1,850
Other Intangible Assets	1,651	1,693	1,794	1,875	1,450	1,443
Long-Term Deferred Tax Assets	6.92	7.95	6.74	33.19	76.05	36.93
Other Long-Term Assets	234.23	93.35	52.04	46.46	29.61	12.26
Total Assets	7,201	6,907	6,875	6,384	5,202	5,002
Accounts Payable	214.7	227.08	271.37	304.74	182.77	173.69
Accrued Expenses	555.96	316.1	346.3	315.72	259.21	237.55
Current Portion of Long-Term Debt	44.06	44.82	45.58	28.46	37.02	2.89
Current Portion of Leases	-	26.42	25.25	22.75	22.49	21.83
Current Unearned Revenue	-	118.68	185.82	133.32	93.87	74.51
Other Current Liabilities	-	118	113.95	109.9	104.89	82.66
Total Current Liabilities	814.71	851.09	988.28	914.89	700.26	593.14
Long-Term Debt	2,361	2,380	2,677	2,407	1,744	1,895
Long-Term Leases	-	87.55	80.24	74.2	76.53	75.02
Long-Term Unearned Revenue	-	15.72	12.5	11.6	13.52	12.87
Long-Term Deferred Tax Liabilities	241.11	216.14	220.2	186.94	147.22	133.5
Other Long-Term Liabilities	179.4	93.79	84.21	74.55	75.12	56.35
Total Liabilities	3,608	3,657	4,077	3,889	3,226	3,055
Common Stock	3,593	0.15	0.15	0.15	0.15	0.15
Additional Paid-In Capital	-	479.22	408.38	357.31	433.31	387.4
Retained Earnings	-	3,900	3,499	3,062	2,569	2,361
Treasury Stock	-	-906.03	-831.18	-566.4	-537.13	-451.26
Comprehensive Income & Other	-	-223.2	-278.47	-359.08	-488.43	-350.93
Shareholders' Equity	3,593	3,250	2,798	2,494	1,977	1,947
Total Liabilities & Equity	7,201	6,907	6,875	6,384	5,202	5,002
Total Debt	2,405	2,539	2,828	2,533	1,880	1,995
Net Cash (Debt)	-1,799	-2,289	-2,659	-2,353	-1,612	-1,901
Net Cash Per Share	-33.28	-42.32	-48.39	-41.52	-29.23	-34.15
Filing Date Shares Outstanding	53.77	53.6	53.61	54.66	55.64	56.19
Total Common Shares Outstanding	53.77	53.6	53.69	55.5	55.64	56.19
Working Capital	1,477	1,115	1,018	792.2	570.24	616.06
Book Value Per Share	66.82	60.63	52.11	44.95	35.53	34.65
Tangible Book Value	-564.83	-929.5	-1,408	-1,625	-1,408	-1,346
Tangible Book Value Per Share	-10.50	-17.34	-26.23	-29.27	-25.31	-23.96
Land	-	73.06	65.79	54.48	40.71	43.47
Buildings	-	346.53	306	270.81	245.44	229.03
Machinery	-	430.84	371.3	321.89	288.21	277.28
Order Backlog	-	757.7	1,243	-	-	-

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