Navitas Semiconductor Corporation (NVTS)

Navitas Semiconductor 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	98.61	152.84	110.34	268.25	38.87	5.97
Cash & Short-Term Investments	98.61	152.84	110.34	268.25	38.87	5.97
Cash Growth	-44.19%	38.52%	-58.87%	590.14%	551.07%	-
Receivables	21.09	25.86	9.13	8.26	4.15	0.7
Inventory	21.28	23.17	19.06	11.98	3.4	0.7
Prepaid Expenses	4.16	6.62	3.62	2.88	0.52	0.24
Restricted Cash	-	-	-	-	-	0.15
Total Current Assets	145.15	208.48	142.15	291.37	46.95	7.75
Property, Plant & Equipment	20.32	17.42	12.91	2.3	0.72	0.88
Long-Term Investments	5	2.5	1.5	-	-	-
Goodwill	163.22	163.22	161.53	-	-	-
Other Intangible Assets	76.86	91.1	105.62	0.17	0.52	-
Other Long-Term Assets	3.65	2.83	1.55	1.55	0.1	0.1
Total Assets	419.41	485.55	425.26	295.6	48.51	8.96
Accounts Payable	13.59	26.64	14.65	4.86	3.7	0.87
Accrued Expenses	8.5	10.9	3.91	2.64	1.67	0.26
Current Portion of Long-Term Debt	-	-	-	3.2	1	2.4
Current Portion of Leases	1.87	1.89	1.31	-	-	-
Current Unearned Revenue	2.01	10.95	0.49	-	-	0.29
Other Current Liabilities	-	-	-	0.03	-	-
Total Current Liabilities	25.96	50.38	20.35	10.73	6.37	3.82
Long-Term Debt	-	-	-	3.72	4.97	2.4
Long-Term Leases	5.99	6.65	5.26	-	-	-
Long-Term Deferred Tax Liabilities	1.04	1.04	1.82	-	-	-
Other Long-Term Liabilities	5.58	46.85	13.06	215.62	0.09	0.07
Total Liabilities	38.58	104.93	40.5	230.07	11.43	6.29
Common Stock	0.02	0.02	0.02	0.02	0	0
Additional Paid-In Capital	725.74	680.79	535.88	294.19	3.56	2.48
Retained Earnings	-344.93	-300.19	-154.75	-228.67	-75.98	-56.94
Comprehensive Income & Other	-0.01	-0.01	-0.01	-0	-0	-
Total Common Equity	380.83	380.62	381.13	65.54	-72.42	-54.45
Minority Interest	-	-	3.63	-	-	-
Shareholders' Equity	380.83	380.62	384.76	65.54	37.08	2.67
Total Liabilities & Equity	419.41	485.55	425.26	295.6	48.51	8.96
Total Debt	7.86	8.55	6.57	6.92	5.97	4.8
Net Cash (Debt)	90.75	144.29	103.77	261.34	32.9	1.17
Net Cash Growth	-46.79%	39.05%	-60.29%	694.38%	2711.79%	-
Net Cash Per Share	0.50	0.85	0.71	6.67	2.02	0.08
Filing Date Shares Outstanding	186.8	179.25	160.89	122.86	15.33	14.52
Total Common Shares Outstanding	186.79	179.2	153.63	117.75	15.33	14.52
Working Capital	119.19	158.1	121.8	280.64	40.58	3.93
Book Value Per Share	2.04	2.12	2.48	0.56	-4.73	-3.75
Tangible Book Value	140.76	126.3	113.99	65.37	-72.94	-54.45
Tangible Book Value Per Share	0.75	0.70	0.74	0.56	-4.76	-3.75
Machinery	14.01	10.58	7.47	3.38	1.76	1.73
Construction In Progress	1.94	1.11	-	-	-	-
Leasehold Improvements	4.24	2.36	2.05	0.58	0.14	0.14

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