Merus N.V. (MRUS)

Merus 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	433	204.25	147.75	241.44	163.08	197.61
Short-Term Investments	199.27	150.13	142.48	168.99	44.67	42.15
Cash & Short-Term Investments	632.27	354.38	290.23	410.43	207.76	239.77
Cash Growth	62.72%	22.10%	-29.29%	97.55%	-13.35%	1.88%
Accounts Receivable	1.13	2.43	4.05	6.31	1.67	2.65
Other Receivables	2.75	1.55	0.65	0.37	0.08	0.26
Receivables	3.88	3.98	4.7	6.67	1.75	2.91
Prepaid Expenses	3.77	2.06	2.94	4.91	7.43	3.57
Other Current Assets	26.36	8.4	8.58	2.18	1.06	1.12
Total Current Assets	666.28	368.81	306.44	424.18	217.99	247.37
Property, Plant & Equipment	22.46	23.5	24.84	7.28	8.02	8.93
Long-Term Investments	150.62	57.31	36.46	20.3	-	2.01
Other Intangible Assets	1.86	1.8	1.95	2.35	2.84	2.88
Long-Term Deferred Tax Assets	0.84	1.2	2.04	0.42	0.41	0.29
Other Long-Term Assets	2.63	2.87	4.81	2.08	1.95	1.91
Total Assets	844.68	455.49	376.54	456.6	231.22	263.38
Accounts Payable	6.19	4.6	9.83	13.24	3.13	3.03
Accrued Expenses	36.16	38.45	35.55	21.4	21.8	13.54
Current Portion of Leases	1.76	1.67	1.68	1.49	1.43	1.38
Current Income Taxes Payable	4.88	1.65	2.4	-	0.21	-
Current Unearned Revenue	30.97	22.69	29.42	34.66	20.18	18.84
Other Current Liabilities	0.12	0.04	0.04	1.11	-	-
Total Current Liabilities	80.08	69.09	78.93	71.9	46.75	36.79
Long-Term Leases	9.28	10.49	11.79	2.26	2.52	3.87
Long-Term Unearned Revenue	52.06	19.57	38.77	66.24	79.69	91.42
Total Liabilities	141.42	99.15	129.49	140.4	128.95	132.08
Common Stock	6.92	5.88	4.75	4.48	3.21	2.92
Additional Paid-In Capital	1,641	1,126	870.87	787.87	490.09	441.4
Retained Earnings	-937.46	-753.06	-598.12	-466.93	-400.11	-314.6
Comprehensive Income & Other	-7.12	-22.53	-30.45	-9.22	9.07	1.59
Total Common Equity	703.26	356.34	247.06	316.2	102.26	131.3
Shareholders' Equity	703.26	356.34	247.06	316.2	102.26	131.3
Total Liabilities & Equity	844.68	455.49	376.54	456.6	231.22	263.38
Total Debt	11.05	12.16	13.47	3.75	3.95	5.25
Net Cash (Debt)	771.84	399.53	313.21	426.97	203.8	236.52
Net Cash Growth	77.96%	27.56%	-26.64%	109.50%	-13.83%	1.66%
Net Cash Per Share	12.55	7.74	6.97	11.05	6.97	9.77
Filing Date Shares Outstanding	68.46	57.88	46.32	43.47	38.13	29
Total Common Shares Outstanding	68.43	57.83	46.31	43.47	31.6	28.88
Working Capital	586.2	299.73	227.52	352.28	171.25	210.58
Book Value Per Share	10.28	6.16	5.33	7.27	3.24	4.55
Tangible Book Value	701.41	354.54	245.11	313.85	99.42	128.42
Tangible Book Value Per Share	10.25	6.13	5.29	7.22	3.15	4.45
Machinery	-	9.54	8.22	6.81	7	5.72
Construction In Progress	-	0.04	0.08	1.06	0.5	-
Leasehold Improvements	-	10.29	9.11	0.11	0.12	0.08

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