The Shyft Group, Inc. (SHYF)

The Shyft Group Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	16.17	15.78	9.96	11.55	37.16	21
Cash & Short-Term Investments	16.17	15.78	9.96	11.55	37.16	21
Cash Growth	22.04%	58.48%	-13.78%	-68.92%	76.98%	8.51%
Accounts Receivable	145.91	127.57	129.88	202.74	108.75	74.11
Other Receivables	40.47	37.03	34.5	19.54	9.93	6.5
Receivables	186.39	164.61	164.37	222.28	118.67	80.61
Inventory	103.78	109.86	105.14	100.16	67.18	46.43
Other Current Assets	7.11	7.35	7.46	11.78	10.81	8.17
Total Current Assets	313.44	297.59	286.93	345.77	233.83	156.21
Property, Plant & Equipment	120.32	122.17	129.26	124.14	104.37	89.16
Goodwill	64.14	64.09	48.88	48.88	48.88	49.48
Other Intangible Assets	57.51	59.06	45.27	49.08	52.98	56.39
Long-Term Deferred Tax Assets	23.55	23.55	17.3	10.39	4.88	5.76
Other Long-Term Assets	2.13	2.29	2.41	2.23	2.93	2.05
Total Assets	581.08	568.75	530.05	580.48	447.87	359.05
Accounts Payable	88.29	95.13	99.86	124.31	82.44	47.49
Accrued Expenses	11.4	16.2	13.53	14.43	19.06	17.13
Short-Term Debt	40.47	37.03	34.5	19.54	9.93	6.5
Current Portion of Long-Term Debt	0.26	0.24	0.19	0.19	0.25	0.22
Current Portion of Leases	9.46	9.68	10.82	10.89	7.93	7.51
Current Unearned Revenue	10.17	3.55	4.76	5.26	0.99	0.76
Other Current Liabilities	22.16	20.45	19.2	26.61	15.23	13.75
Total Current Liabilities	182.21	182.27	182.83	201.23	135.84	93.36
Long-Term Debt	109.74	94.77	49.82	55.81	0.29	22.95
Long-Term Leases	32.13	33.61	37.05	44.71	36.78	37.14
Other Long-Term Liabilities	9.67	9.77	8.18	10.03	8.11	5.45
Total Liabilities	333.76	320.43	277.88	311.79	181.01	158.89
Common Stock	101.94	99.75	93.71	92.98	95.38	91.04
Retained Earnings	145.38	148.57	158.46	175.61	171.38	109.29
Total Common Equity	247.33	248.32	252.17	268.59	266.75	200.33
Minority Interest	-	-	-	0.1	0.1	-0.17
Shareholders' Equity	247.33	248.32	252.17	268.69	266.86	200.16
Total Liabilities & Equity	581.08	568.75	530.05	580.48	447.87	359.05
Total Debt	192.07	175.32	132.37	131.14	55.18	74.31
Net Cash (Debt)	-175.9	-159.54	-122.41	-119.6	-18.02	-53.32
Net Cash Per Share	-5.09	-4.63	-3.51	-3.37	-0.50	-1.48
Filing Date Shares Outstanding	35.01	34.93	34.31	35.22	35	35.3
Total Common Shares Outstanding	35	34.92	34.3	35.07	35.42	35.34
Working Capital	131.23	115.32	104.1	144.54	97.99	62.84
Book Value Per Share	7.07	7.11	7.35	7.66	7.53	5.67
Tangible Book Value	125.68	125.17	158.02	170.64	164.89	94.46
Tangible Book Value Per Share	3.59	3.58	4.61	4.87	4.66	2.67
Land	14.61	14.01	12.58	12.31	9.81	8.72
Buildings	60.07	57.54	53.79	42.83	45.72	40.08
Machinery	94.1	92.59	82.01	76.39	72.33	59.72
Construction In Progress	0.83	1.96	10.57	9.95	12.7	8.72
Order Backlog	-	313.24	409.27	-	-	-

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q