TOYO Co., Ltd. (TOYO)

TOYO Co., Ltd. Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	41.67	18.04	2.07
Cash & Short-Term Investments	41.67	18.04	2.07
Cash Growth	-	773.20%	-
Inventory	54.24	64.4	-
Prepaid Expenses	0.23	0.15	-
Restricted Cash	0.13	0.08	-
Other Current Assets	0.17	0.09	-
Total Current Assets	96.56	82.75	2.07
Property, Plant & Equipment	131.05	143.32	0.71
Long-Term Deferred Charges	2.58	2.08	-
Other Long-Term Assets	11.26	10.13	8.15
Total Assets	241.44	238.28	10.92
Accounts Payable	25.02	37.22	1.08
Accrued Expenses	3.34	4.89	1.73
Short-Term Debt	99.18	91.9	-
Current Portion of Leases	0.03	0.15	-
Current Unearned Revenue	14.05	29.35	-
Other Current Liabilities	3.77	5.69	0.07
Total Current Liabilities	145.39	169.19	2.88
Long-Term Debt	22.41	11.82	-
Long-Term Leases	0.23	0.37	0.2
Total Liabilities	168.03	181.39	3.08
Common Stock	0	0	0
Additional Paid-In Capital	50.01	50	7.64
Retained Earnings	29.25	9.7	-0.19
Comprehensive Income & Other	-5.85	-2.81	0.4
Shareholders' Equity	73.41	56.9	7.85
Total Liabilities & Equity	241.44	238.28	10.92
Total Debt	121.85	104.24	0.2
Net Cash (Debt)	-80.18	-86.21	1.87
Net Cash Per Share	-1.96	-2.10	0.05
Filing Date Shares Outstanding	41	41	41
Total Common Shares Outstanding	41	41	41
Working Capital	-48.83	-86.44	-0.81
Book Value Per Share	1.79	1.39	0.19
Tangible Book Value	73.41	56.9	7.85
Tangible Book Value Per Share	1.79	1.39	0.19
Buildings	18.21	15	-
Machinery	119.23	86.21	0
Construction In Progress	7.24	44.14	0.52

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