REE Automotive Ltd. (REE)

REE Automotive 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	88.8	41.23	56.76	275.77	44.71	27.62
Short-Term Investments	-	44.4	96.86	-	1.67	-
Cash & Short-Term Investments	88.8	85.63	153.62	275.77	46.37	27.62
Cash Growth	3.11%	-44.26%	-44.29%	494.67%	67.91%	103.98%
Accounts Receivable	0.01	0.46	-	-	0.06	0.04
Other Receivables	10.94	1.65	2.74	1.28	0.21	0.19
Receivables	10.95	2.11	2.74	1.28	0.26	0.23
Inventory	1.75	0.46	-	-	0.27	0.38
Prepaid Expenses	-	3.18	5.01	5.15	0.22	0.1
Restricted Cash	-	-	0.16	0.14	0.8	0.09
Other Current Assets	-	2.12	4.15	5.73	-	-
Total Current Assets	101.5	93.5	165.68	288.07	47.93	28.42
Property, Plant & Equipment	36.68	38.52	43	2.68	0.76	0.28
Long-Term Deferred Charges	-	-	-	-	0.33	-
Other Long-Term Assets	5.71	5.88	6.34	2.19	-	-
Total Assets	143.89	137.9	215.01	292.94	49.01	28.7
Accounts Payable	3.6	3.7	6.17	4.54	0.97	0.54
Accrued Expenses	-	6.59	8.61	9.51	1.86	0.46
Short-Term Debt	15	15.02	-	-	-	-
Current Portion of Leases	3.68	2.41	2.75	-	-	-
Current Unearned Revenue	-	-	-	-	-	0.01
Other Current Liabilities	9.36	7.46	2.51	6.51	0.4	0.08
Total Current Liabilities	31.64	35.18	20.04	20.56	3.23	1.09
Long-Term Debt	9.84	4.81	-	-	-	-
Long-Term Leases	13.53	16.44	18.62	-	-	-
Long-Term Unearned Revenue	-	-	0.94	0.94	-	-
Other Long-Term Liabilities	30.92	3.4	-	21.03	-	-
Total Liabilities	86.19	59.83	39.6	42.53	3.23	1.09
Common Stock	-	-	-	-	-	0.01
Additional Paid-In Capital	968.3	914.21	897.34	864.91	154.96	69.06
Retained Earnings	-910.59	-836.14	-721.93	-614.51	-109.18	-41.47
Shareholders' Equity	57.71	78.08	175.41	250.4	45.78	27.61
Total Liabilities & Equity	143.89	137.9	215.01	292.94	49.01	28.7
Total Debt	42.05	38.68	21.37	-	-	-
Net Cash (Debt)	46.75	46.95	132.25	275.77	46.37	27.62
Net Cash Growth	-30.01%	-64.50%	-52.04%	494.67%	67.91%	103.98%
Net Cash Per Share	3.80	4.65	13.52	35.11	8.92	6.55
Filing Date Shares Outstanding	15.02	10.83	8.16	7.89	181.02	135.24
Total Common Shares Outstanding	15.02	8.45	8.14	7.81	176.07	135.24
Working Capital	69.86	58.33	145.64	267.52	44.7	27.33
Book Value Per Share	3.84	9.24	21.56	32.07	0.26	0.20
Tangible Book Value	57.71	78.08	175.41	250.4	45.78	27.61
Tangible Book Value Per Share	3.84	9.24	21.56	32.07	0.26	0.20
Machinery	-	19.27	5.8	2.55	0.91	0.44
Construction In Progress	-	0.22	11.94	0.2	-	-
Leasehold Improvements	-	1.31	0.76	0.49	0.17	0.1

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