The Shyft Group, Inc. (SHYF)

The Shyft Group Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	15.78	9.96	11.55	37.16	21
Cash & Short-Term Investments	15.78	9.96	11.55	37.16	21
Cash Growth	58.48%	-13.78%	-68.92%	76.98%	8.51%
Accounts Receivable	127.57	129.88	202.74	108.75	74.11
Other Receivables	37.03	34.5	19.54	9.93	6.5
Receivables	164.61	164.37	222.28	118.67	80.61
Inventory	109.86	105.14	100.16	67.18	46.43
Other Current Assets	7.35	7.46	11.78	10.81	8.17
Total Current Assets	297.59	286.93	345.77	233.83	156.21
Property, Plant & Equipment	122.17	129.26	124.14	104.37	89.16
Goodwill	64.09	48.88	48.88	48.88	49.48
Other Intangible Assets	59.06	45.27	49.08	52.98	56.39
Long-Term Deferred Tax Assets	23.55	17.3	10.39	4.88	5.76
Other Long-Term Assets	2.29	2.41	2.23	2.93	2.05
Total Assets	568.75	530.05	580.48	447.87	359.05
Accounts Payable	95.13	99.86	124.31	82.44	47.49
Accrued Expenses	16.2	13.53	14.43	19.06	17.13
Short-Term Debt	37.03	34.5	19.54	9.93	6.5
Current Portion of Long-Term Debt	0.24	0.19	0.19	0.25	0.22
Current Portion of Leases	9.68	10.82	10.89	7.93	7.51
Current Unearned Revenue	3.55	4.76	5.26	0.99	0.76
Other Current Liabilities	20.45	19.2	26.61	15.23	13.75
Total Current Liabilities	182.27	182.83	201.23	135.84	93.36
Long-Term Debt	95.22	49.82	55.81	0.29	22.95
Long-Term Leases	33.16	37.05	44.71	36.78	37.14
Other Long-Term Liabilities	9.77	8.18	10.03	8.11	5.45
Total Liabilities	320.43	277.88	311.79	181.01	158.89
Common Stock	99.75	93.71	92.98	95.38	91.04
Retained Earnings	148.57	158.46	175.61	171.38	109.29
Total Common Equity	248.32	252.17	268.59	266.75	200.33
Minority Interest	-	-	0.1	0.1	-0.17
Shareholders' Equity	248.32	252.17	268.69	266.86	200.16
Total Liabilities & Equity	568.75	530.05	580.48	447.87	359.05
Total Debt	175.32	132.37	131.14	55.18	74.31
Net Cash (Debt)	-159.54	-122.41	-119.6	-18.02	-53.32
Net Cash Per Share	-4.63	-3.51	-3.37	-0.50	-1.48
Filing Date Shares Outstanding	34.93	34.31	35.22	35	35.3
Total Common Shares Outstanding	34.92	34.3	35.07	35.42	35.34
Working Capital	115.32	104.1	144.54	97.99	62.84
Book Value Per Share	7.11	7.35	7.66	7.53	5.67
Tangible Book Value	125.17	158.02	170.64	164.89	94.46
Tangible Book Value Per Share	3.58	4.61	4.87	4.66	2.67
Land	-	12.58	12.31	9.81	8.72
Buildings	-	53.79	42.83	45.72	40.08
Machinery	-	82.01	76.39	72.33	59.72
Construction In Progress	-	10.57	9.95	12.7	8.72
Order Backlog	-	409.27	832.71	-	-

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