Tecnoglass Inc. (TGLS)

Tecnoglass 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	126.81	129.51	103.67	85.01	67.67	47.86
Short-Term Investments	2.7	2.91	2.05	1.98	2.39	2.3
Trading Asset Securities	7.15	6.45	9.34	-	-	-
Cash & Short-Term Investments	136.65	138.87	115.06	86.99	70.06	50.17
Cash Growth	17.58%	20.69%	32.27%	24.17%	39.65%	46.67%
Accounts Receivable	203.44	185.69	172.45	131.46	119.97	160.63
Other Receivables	-	2.31	1.86	5.07	3.34	1.1
Receivables	203.44	188	174.32	136.52	123.3	161.73
Inventory	132.5	159.07	125	84.98	81.25	82.71
Prepaid Expenses	-	5.16	3.78	3.86	2.37	2.65
Other Current Assets	44.08	44.66	13.98	13.93	8.18	25.59
Total Current Assets	516.66	535.76	432.13	326.28	285.16	322.85
Property, Plant & Equipment	323.98	324.59	202.87	166.63	152.47	154.61
Long-Term Investments	60.15	60.57	57.84	51.16	47.54	46.1
Goodwill	23.56	23.56	23.56	23.56	23.56	23.56
Other Intangible Assets	3.59	3.48	2.71	3.34	5.11	6.7
Long-Term Accounts Receivable	8.54	8.8	10.1	15.85	13.21	8.85
Long-Term Deferred Tax Assets	0.24	0.17	0.56	0.6	0.27	4.6
Other Long-Term Assets	5.77	5.79	4.55	4.16	2.79	2.41
Total Assets	942.49	962.72	734.31	591.56	530.11	569.67
Accounts Payable	83.59	80.45	90.19	68.09	42.33	61.88
Accrued Expenses	-	-	-	-	7.18	7.65
Short-Term Debt	16.28	2.72	-	-	-	-
Current Portion of Long-Term Debt	2.2	7	0.5	10.7	1.76	16.08
Current Unearned Revenue	77.41	72.54	49.6	45.21	27.24	12.46
Other Current Liabilities	33.48	73.17	69.51	31.02	15.55	30.95
Total Current Liabilities	212.95	235.89	209.8	155.02	94.06	129.01
Long-Term Debt	139.84	162.68	168.59	188.05	222.37	243.23
Long-Term Leases	0.22	0.33	0.4	0.31	0.35	0.49
Long-Term Unearned Revenue	-	0.01	0.01	0.08	0.98	0.19
Long-Term Deferred Tax Liabilities	14.65	15.79	5.19	3.42	3.17	0.41
Other Long-Term Liabilities	-	-	-	-	0.65	9.12
Total Liabilities	367.65	414.7	383.98	346.87	321.57	382.46
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	192.38	192.39	219.29	219.29	219.29	208.28
Retained Earnings	455.91	401.49	235.71	93.32	32.2	17.58
Comprehensive Income & Other	-73.46	-45.86	-106.19	-68.75	-43.51	-39.26
Total Common Equity	574.84	548.02	348.82	243.86	207.98	186.6
Minority Interest	-	-	1.51	0.84	0.56	0.61
Shareholders' Equity	574.84	548.02	350.33	244.7	208.54	187.21
Total Liabilities & Equity	942.49	962.72	734.31	591.56	530.11	569.67
Total Debt	158.53	172.73	169.48	199.06	224.49	259.81
Net Cash (Debt)	-21.88	-33.86	-54.42	-112.07	-154.43	-209.65
Net Cash Per Share	-0.46	-0.71	-1.14	-2.35	-3.33	-4.71
Filing Date Shares Outstanding	47	47	47.67	47.67	47.67	46.12
Total Common Shares Outstanding	47	47	47.67	47.67	47.67	46.12
Working Capital	303.72	299.87	222.33	171.26	191.11	193.84
Book Value Per Share	12.23	11.66	7.32	5.12	4.36	4.05
Tangible Book Value	547.69	520.98	322.55	216.96	179.31	156.34
Tangible Book Value Per Share	11.65	11.09	6.77	4.55	3.76	3.39
Land	-	40.03	28.61	24.89	26.99	28.18
Buildings	-	125.51	66.92	61.38	64.96	59.98
Machinery	-	305.68	209.14	187.2	167.94	159.92

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