Planet Fitness, Inc. (PLNT)

Planet Fitness 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	298.78	275.84	409.84	545.91	439.48	436.26
Short-Term Investments	108.63	74.9	-	-	-	-
Cash & Short-Term Investments	407.41	350.74	409.84	545.91	439.48	436.26
Cash Growth	-2.40%	-14.42%	-24.93%	24.22%	0.74%	50.73%
Accounts Receivable	48.96	41.89	46.24	27.26	16.45	42.27
Other Receivables	12.66	14.39	20.45	17.19	22.22	10.17
Receivables	61.61	56.28	66.69	44.45	38.66	52.44
Inventory	4.86	4.68	5.27	1.16	0.47	0.88
Prepaid Expenses	14.43	13.84	11.08	12.87	11.88	8.03
Restricted Cash	67.77	46.28	62.66	58.03	76.32	42.54
Other Current Assets	0.36	-	-	-	-	-
Total Current Assets	556.44	471.82	555.53	662.41	566.82	540.14
Property, Plant & Equipment	821.88	771.42	695.76	364.02	324.93	301.11
Long-Term Investments	130.61	128.39	25.12	18.76	-	-
Goodwill	719.13	717.5	702.69	228.57	227.82	227.82
Other Intangible Assets	334.24	372.51	417.07	200.94	217.08	233.92
Long-Term Deferred Tax Assets	481.46	504.19	454.57	539.26	511.2	412.29
Other Long-Term Assets	4.43	3.87	3.86	2.02	1.9	1.9
Total Assets	3,048	2,970	2,855	2,016	1,850	1,717
Accounts Payable	31.84	23.79	20.58	27.89	19.39	21.27
Accrued Expenses	66.53	66.3	66.99	51.71	22.04	31.62
Current Portion of Long-Term Debt	22.5	20.75	20.75	17.5	17.5	17.5
Current Portion of Leases	35.3	33.97	33.23	22.52	19.54	16.76
Current Unearned Revenue	77.86	64.1	62.2	34.39	27.49	30.6
Other Current Liabilities	52.25	42.42	40.77	22.59	5.94	27.73
Total Current Liabilities	286.29	251.33	244.53	176.61	111.9	145.48
Long-Term Debt	2,152	1,963	1,978	1,740	1,751	1,688
Long-Term Leases	408.6	381.65	342.22	197.91	168.24	153.25
Long-Term Unearned Revenue	33.58	32.05	33.15	33.43	32.59	34.46
Long-Term Deferred Tax Liabilities	1.57	1.64	1.47	-	0.88	1.12
Other Long-Term Liabilities	432.98	459.14	466.64	510.61	490.38	403.13
Total Liabilities	3,315	3,089	3,066	2,659	2,555	2,425
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	602.95	575.63	505.14	63.43	45.67	29.82
Retained Earnings	-869.31	-691.46	-703.72	-708.8	-751.58	-736.59
Comprehensive Income & Other	0.22	0.17	-0.45	0.01	0.03	0.3
Total Common Equity	-266.13	-115.65	-199.01	-645.36	-705.87	-706.46
Minority Interest	-0.98	-3.34	-12.55	2.51	0.2	-1.3
Shareholders' Equity	-267.11	-118.99	-211.56	-642.85	-705.67	-707.75
Total Liabilities & Equity	3,048	2,970	2,855	2,016	1,850	1,717
Total Debt	2,619	2,399	2,374	1,978	1,957	1,875
Net Cash (Debt)	-2,156	-1,998	-1,964	-1,432	-1,517	-1,439
Net Cash Per Share	-24.99	-23.45	-23.24	-17.07	-18.89	-17.21
Filing Date Shares Outstanding	84.18	87.02	84.86	84.33	83.08	78.56
Total Common Shares Outstanding	84.1	86.76	83.43	83.8	82.82	78.53
Working Capital	270.15	220.49	311	485.8	454.92	394.66
Book Value Per Share	-3.16	-1.33	-2.39	-7.70	-8.52	-9.00
Tangible Book Value	-1,319	-1,206	-1,319	-1,075	-1,151	-1,168
Tangible Book Value Per Share	-15.69	-13.90	-15.81	-12.83	-13.89	-14.88
Land	-	1.34	1.34	1.34	1.34	1.34
Buildings	-	2.57	8.59	8.59	8.59	8.59
Machinery	-	250.4	199.18	95.78	81.52	70.17
Construction In Progress	-	13.53	13.97	8.2	10.16	3.42
Leasehold Improvements	-	342.73	272.36	146.81	115.62	97.98

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