The Timken Company (TKR)

The Timken Company 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	412.7	418.9	331.6	257.1	320.3	209.5
Short-Term Investments	-	31.6	39.2	56.9	37.6	25.7
Cash & Short-Term Investments	412.7	450.5	370.8	314	357.9	235.2
Cash Growth	12.18%	21.49%	18.09%	-12.27%	52.17%	52.43%
Receivables	924.6	816.2	803.5	730.9	692	674.3
Inventory	1,255	1,229	1,191	1,043	841.3	842
Restricted Cash	0.7	0.4	9.1	0.8	0.8	6.7
Other Current Assets	138.6	138.7	129.3	125.1	108.3	116.4
Total Current Assets	2,732	2,635	2,504	2,214	2,000	1,875
Property, Plant & Equipment	1,435	1,432	1,309	1,174	1,154	1,103
Long-Term Investments	-	1.7	1.8	2	2.1	2.5
Goodwill	1,466	1,370	1,098	1,023	1,048	993.7
Other Intangible Assets	1,060	1,031	765.3	668.8	741.4	758.5
Long-Term Deferred Tax Assets	46.8	44.3	71	67.6	77	71.8
Other Long-Term Assets	29.2	28.2	23.2	21.9	19.4	55.5
Total Assets	6,767	6,542	5,772	5,171	5,042	4,860
Accounts Payable	344.6	367.2	403.9	430	351.4	301.7
Accrued Expenses	295.6	300.6	311	269.4	212.9	134.5
Short-Term Debt	25.9	246.2	46.3	42.6	119.8	17.3
Current Portion of Long-Term Debt	23.8	357	1.4	9.8	10.1	64.2
Current Portion of Leases	29.6	28.3	25.4	27.6	28	28.8
Current Income Taxes Payable	30.8	19.9	51.3	26.2	16.1	17.8
Current Unearned Revenue	60.3	45.4	54.3	3.8	-	-
Other Current Liabilities	99.7	106.7	118.8	87.2	109.7	172.3
Total Current Liabilities	910.3	1,471	1,012	896.6	848	736.6
Long-Term Debt	2,181	1,784	1,912	1,408	1,431	1,645
Long-Term Leases	84.2	84.8	67.1	80.5	78.4	74.2
Long-Term Unearned Revenue	-	36	-	-	-	-
Long-Term Deferred Tax Liabilities	198	186.5	139.8	121.4	148.7	168.2
Other Long-Term Liabilities	112.5	74	96.2	84.9	106	84
Total Liabilities	3,677	3,839	3,420	2,793	2,816	2,905
Common Stock	40.7	40.7	40.7	40.7	40.7	53.1
Additional Paid-In Capital	1,260	1,077	829.6	786.9	740.7	937.6
Retained Earnings	2,442	2,232	1,932	1,616	1,340	1,907
Treasury Stock	-661.5	-620.1	-352.2	-126.1	-9.3	-979.8
Comprehensive Income & Other	-147.4	-146.9	-181.9	-23	41.3	-50.1
Total Common Equity	2,933	2,582	2,268	2,295	2,153	1,868
Minority Interest	157.4	120	84.6	82.8	72.3	86.6
Shareholders' Equity	3,091	2,702	2,353	2,378	2,225	1,955
Total Liabilities & Equity	6,767	6,542	5,772	5,171	5,042	4,860
Total Debt	2,344	2,501	2,053	1,569	1,667	1,830
Net Cash (Debt)	-1,931	-2,050	-1,682	-1,255	-1,309	-1,595
Net Cash Per Share	-27.27	-28.44	-22.63	-16.29	-17.15	-20.74
Filing Date Shares Outstanding	70.12	70.13	72.39	74.93	75.71	75.57
Total Common Shares Outstanding	70.12	70.13	72.58	75.37	75.68	75.54
Working Capital	1,822	1,164	1,492	1,317	1,152	1,138
Book Value Per Share	41.83	36.82	31.25	30.45	28.45	24.73
Tangible Book Value	408.3	181.4	404.7	603.4	363.9	116
Tangible Book Value Per Share	5.82	2.59	5.58	8.01	4.81	1.54
Land	-	679.9	628.4	554.1	535.3	510.9
Machinery	-	2,483	2,317	2,252	2,206	2,093
Order Backlog	-	2,277	2,491	-	-	-

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