The Shyft Group, Inc. (SHYF)

The Shyft Group 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	21.44	9.96	11.55	37.16	21	19.35
Cash & Short-Term Investments	21.44	9.96	11.55	37.16	21	19.35
Cash Growth	117.09%	-13.78%	-68.92%	76.98%	8.51%	-29.48%
Accounts Receivable	131.49	129.88	202.74	108.75	74.11	69.77
Other Receivables	31.59	34.5	19.54	9.93	6.5	8.16
Receivables	163.08	164.37	222.28	118.67	80.61	77.93
Inventory	108.93	105.14	100.16	67.18	46.43	59.46
Other Current Assets	6.36	7.46	11.78	10.81	8.17	96.07
Total Current Assets	299.82	286.93	345.77	233.83	156.21	252.81
Property, Plant & Equipment	124.3	129.26	124.14	104.37	89.16	72.22
Goodwill	64.9	48.88	48.88	48.88	49.48	43.63
Other Intangible Assets	60.72	45.27	49.08	52.98	56.39	54.06
Long-Term Deferred Tax Assets	17.31	17.3	10.39	4.88	5.76	25.52
Other Long-Term Assets	2.38	2.41	2.23	2.93	2.05	2.3
Total Assets	569.43	530.05	580.48	447.87	359.05	450.54
Accounts Payable	80.7	99.86	124.31	82.44	47.49	54.71
Accrued Expenses	17.2	13.53	14.43	19.06	17.13	15.84
Short-Term Debt	31.59	34.5	19.54	9.93	6.5	8.16
Current Portion of Long-Term Debt	0.25	0.19	0.19	0.25	0.22	0.18
Current Portion of Leases	9.88	10.82	10.89	7.93	7.51	5.16
Current Unearned Revenue	6.02	4.76	5.26	0.99	0.76	2.64
Other Current Liabilities	19.49	19.2	26.61	15.23	13.75	71.26
Total Current Liabilities	165.13	182.83	201.23	135.84	93.36	157.96
Long-Term Debt	109.75	49.82	55.81	0.29	22.95	88.17
Long-Term Leases	32.86	37.05	44.71	36.78	37.14	27.74
Other Long-Term Liabilities	9.03	8.18	10.03	8.11	5.45	4.92
Total Liabilities	316.77	277.88	311.79	181.01	158.89	278.79
Common Stock	98.89	93.71	92.98	95.38	91.04	0.35
Additional Paid-In Capital	-	-	-	-	-	85.15
Retained Earnings	153.78	158.46	175.61	171.38	109.29	86.76
Total Common Equity	252.66	252.17	268.59	266.75	200.33	172.27
Minority Interest	-	-	0.1	0.1	-0.17	-0.52
Shareholders' Equity	252.66	252.17	268.69	266.86	200.16	171.75
Total Liabilities & Equity	569.43	530.05	580.48	447.87	359.05	450.54
Total Debt	184.33	132.37	131.14	55.18	74.31	129.41
Net Cash (Debt)	-162.89	-122.41	-119.6	-18.02	-53.32	-110.06
Net Cash Per Share	-4.74	-3.51	-3.37	-0.50	-1.48	-3.11
Filing Date Shares Outstanding	34.49	34.31	35.22	35	35.3	35.43
Total Common Shares Outstanding	34.48	34.3	35.07	35.42	35.34	35.34
Working Capital	134.69	104.1	144.54	97.99	62.84	94.85
Book Value Per Share	7.33	7.35	7.66	7.53	5.67	4.87
Tangible Book Value	127.04	158.02	170.64	164.89	94.46	74.57
Tangible Book Value Per Share	3.68	4.61	4.87	4.66	2.67	2.11
Land	14.01	12.58	12.31	9.81	8.72	8.69
Buildings	59.89	53.79	42.83	45.72	40.08	38.65
Machinery	88.87	82.01	76.39	72.33	59.72	56.64
Construction In Progress	5.67	10.57	9.95	12.7	8.72	3.53
Order Backlog	-	409.27	832.71	-	-	-

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