Tejon Ranch Co. (TRC)

Tejon Ranch Co. 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	27.37	31.91	39.12	36.2	55.32	27.11
Short-Term Investments	13.89	32.56	33.44	10.98	2.77	39.08
Cash & Short-Term Investments	41.26	64.46	72.56	47.18	58.09	66.19
Cash Growth	-43.17%	-11.16%	53.81%	-18.79%	-12.24%	-16.91%
Accounts Receivable	2.78	8.35	4.45	6.47	4.59	9.95
Other Receivables	0.11	0.28	-	-	-	-
Receivables	2.9	8.63	4.45	6.47	4.59	9.95
Inventory	7.55	3.49	3.37	5.7	2.99	2.79
Prepaid Expenses	3.44	3.22	2.66	3.62	2.84	3.25
Total Current Assets	55.65	79.81	83.05	62.97	68.52	82.18
Property, Plant & Equipment	447.44	407.85	391.21	387.03	374.35	361.33
Long-Term Investments	34.43	33.65	43.32	43.42	33.52	38.24
Other Intangible Assets	56.02	52.13	47.05	-	-	54.16
Long-Term Deferred Tax Assets	-	-	-	-	-	0.71
Other Long-Term Assets	4.5	4.08	2.17	52.62	59.97	2.8
Total Assets	598.04	577.52	566.79	546.04	536.35	539.42
Accounts Payable	11.28	6.46	5.12	4.55	3.37	6.15
Accrued Expenses	6.28	2.93	3.36	3.2	2.79	2.92
Current Portion of Long-Term Debt	-	-	1.78	4.48	4.3	4.18
Current Income Taxes Payable	-	-	-	1.22	-	-
Current Unearned Revenue	1.72	1.89	1.53	1.91	1.97	1.35
Other Current Liabilities	0.29	0.29	0.24	0.25	0.51	0.55
Total Current Liabilities	19.57	11.56	12.03	15.6	12.94	15.14
Long-Term Debt	59.94	47.94	48.16	51.24	58.52	60.19
Long-Term Unearned Revenue	11.45	11.45	11.45	8.41	5.55	5.73
Long-Term Deferred Tax Liabilities	8.28	8.27	7.18	2.9	0.93	-
Other Long-Term Liabilities	9.12	9.08	4.16	3.35	3.07	2.94
Total Liabilities	114.35	94.43	89.2	89.53	91.02	93.8
Common Stock	13.41	13.39	13.27	13.2	13.14	13.05
Additional Paid-In Capital	347.94	345.61	345.34	344.94	342.06	338.75
Retained Earnings	107.12	108.91	105.64	89.84	84.49	85.23
Comprehensive Income & Other	-0.14	-0.17	-2.03	-6.82	-9.72	-6.77
Total Common Equity	468.32	467.73	462.23	441.15	429.96	430.25
Minority Interest	15.36	15.36	15.36	15.36	15.37	15.38
Shareholders' Equity	483.68	483.1	477.59	456.51	445.33	445.62
Total Liabilities & Equity	598.04	577.52	566.79	546.04	536.35	539.42
Total Debt	59.94	47.94	49.94	55.72	62.81	64.37
Net Cash (Debt)	-18.68	16.52	22.62	-8.54	-4.72	1.82
Net Cash Growth	-	-26.97%	-	-	-	-86.90%
Net Cash Per Share	-0.70	0.62	0.85	-0.32	-0.18	0.07
Filing Date Shares Outstanding	26.82	26.79	26.63	26.41	26.29	26.1
Total Common Shares Outstanding	26.81	26.77	26.54	26.4	26.28	26.1
Working Capital	36.08	68.25	71.02	47.38	55.58	67.05
Book Value Per Share	17.47	17.47	17.42	16.71	16.36	16.49
Tangible Book Value	412.3	415.6	415.19	441.15	429.96	376.09
Tangible Book Value Per Share	15.38	15.52	15.64	16.71	16.36	14.41
Land	-	7.84	7.84	7.84	7.81	7.73
Buildings	-	9.19	8.95	8.86	8.82	8.82
Machinery	-	21.67	20.9	20.3	19.88	17.69
Construction In Progress	-	5.08	4.94	4.88	4.82	6.91

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