Otter Tail Corporation (OTTR)

Otter Tail 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	280.02	230.37	119	1.54	1.16	21.2
Cash & Short-Term Investments	280.02	230.37	119	1.54	1.16	21.2
Cash Growth	47.99%	93.60%	7642.09%	32.16%	-94.51%	2362.14%
Accounts Receivable	177.41	148.06	134.41	164.36	105.02	98.86
Other Receivables	8.86	9.08	9.98	10.59	8.94	8.77
Receivables	186.27	157.14	144.39	174.95	113.96	107.63
Inventory	153.23	149.7	145.95	148.49	92.17	97.85
Other Current Assets	30.79	32.95	43.41	44.37	27.55	28.18
Total Current Assets	650.31	570.17	452.75	369.35	234.83	254.86
Property, Plant & Equipment	2,605	2,435	2,231	2,144	2,068	1,776
Long-Term Investments	74.84	20.23	15.85	15.61	15.03	12.26
Goodwill	37.57	37.57	37.57	37.57	37.57	37.57
Other Intangible Assets	6.02	18.12	16.07	9.04	10.14	11.29
Other Long-Term Assets	193.13	161.31	148.09	179.51	212.39	181.97
Total Assets	3,567	3,243	2,902	2,755	2,578	2,274
Accounts Payable	88.89	94.43	104.4	135.09	120.62	120.78
Accrued Expenses	37.46	44.27	37.92	34.31	29.41	23.2
Short-Term Debt	67.4	81.42	8.2	91.16	81	6
Current Portion of Long-Term Debt	-	-	-	29.98	140.09	0.18
Current Portion of Leases	-	5.76	5.07	4.17	4.48	4.14
Current Income Taxes Payable	29.15	26.59	19.34	19.25	18.83	17.53
Other Current Liabilities	76.7	57.29	62.71	73.74	42.36	17.92
Total Current Liabilities	299.59	309.76	237.64	387.7	436.79	189.74
Long-Term Debt	943.66	824.06	823.82	734.01	624.43	689.58
Long-Term Leases	-	11.26	13.88	15.31	15.31	18.19
Long-Term Deferred Tax Liabilities	397.3	388.47	368.7	334.37	305.5	292.27
Other Long-Term Liabilities	224.65	193.94	160.13	152.21	143.94	131.92
Total Liabilities	1,933	1,800	1,684	1,764	1,707	1,492
Common Stock	209.14	208.55	208.16	207.76	207.35	200.79
Additional Paid-In Capital	427.75	426.96	423.03	419.76	414.25	364.79
Retained Earnings	994.46	806.34	585.21	369.78	257.88	222.34
Comprehensive Income & Other	1.98	1.15	0.92	-6.52	-8.51	-6.44
Shareholders' Equity	1,633	1,443	1,217	990.78	870.97	781.48
Total Liabilities & Equity	3,567	3,243	2,902	2,755	2,578	2,274
Total Debt	1,011	922.5	850.97	874.64	865.31	718.09
Net Cash (Debt)	-731.04	-692.12	-731.98	-873.1	-864.15	-696.89
Net Cash Per Share	-17.38	-16.46	-17.46	-20.88	-21.13	-17.44
Filing Date Shares Outstanding	41.83	41.71	41.63	41.61	41.51	40.21
Total Common Shares Outstanding	41.83	41.71	41.63	41.55	41.47	40.16
Working Capital	350.72	260.41	215.12	-18.35	-201.95	65.12
Book Value Per Share	39.05	34.60	29.24	23.84	21.00	19.46
Tangible Book Value	1,590	1,387	1,164	944.16	823.25	732.62
Tangible Book Value Per Share	38.01	33.26	27.95	22.72	19.85	18.24
Land	-	13.6	13.65	13.65	5.9	6.04
Buildings	-	64.75	61.51	56.91	55.44	53.41
Machinery	3,087	3,223	3,063	2,962	2,729	2,401
Construction In Progress	294.01	175.27	129.1	91.54	212.37	185.24

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