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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	33.03	31.91	39.12	36.2	55.32	27.11
Short-Term Investments	16.53	32.56	33.44	10.98	2.77	39.08
Cash & Short-Term Investments	49.57	64.46	72.56	47.18	58.09	66.19
Cash Growth	-26.01%	-11.16%	53.81%	-18.79%	-12.24%	-16.91%
Accounts Receivable	2.36	8.35	4.45	6.47	4.59	9.95
Other Receivables	0.1	0.28	-	-	-	-
Receivables	2.46	8.63	4.45	6.47	4.59	9.95
Inventory	9	3.49	3.37	5.7	2.99	2.79
Prepaid Expenses	2.97	3.22	2.66	3.62	2.84	3.25
Total Current Assets	64.49	79.81	83.05	62.97	68.52	82.18
Property, Plant & Equipment	430.07	407.85	391.21	387.03	374.35	361.33
Long-Term Investments	32.13	33.65	43.32	43.42	33.52	38.24
Other Intangible Assets	57.8	52.13	47.05	-	-	54.16
Long-Term Deferred Tax Assets	-	-	-	-	-	0.71
Other Long-Term Assets	6.33	4.08	2.17	52.62	59.97	2.8
Total Assets	590.83	577.52	566.79	546.04	536.35	539.42
Accounts Payable	13.23	6.46	5.12	4.55	3.37	6.15
Accrued Expenses	3.66	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	1.68	1.89	1.53	1.91	1.97	1.35
Other Current Liabilities	0.21	0.29	0.24	0.25	0.51	0.55
Total Current Liabilities	18.79	11.56	12.03	15.6	12.94	15.14
Long-Term Debt	51.94	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	8.27	8.27	7.18	2.9	0.93	-
Other Long-Term Liabilities	9.77	9.08	4.16	3.35	3.07	2.94
Total Liabilities	106.25	94.43	89.2	89.53	91.02	93.8
Common Stock	13.4	13.39	13.27	13.2	13.14	13.05
Additional Paid-In Capital	347.04	345.61	345.34	344.94	342.06	338.75
Retained Earnings	108.95	108.91	105.64	89.84	84.49	85.23
Comprehensive Income & Other	-0.18	-0.17	-2.03	-6.82	-9.72	-6.77
Total Common Equity	469.22	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	484.58	483.1	477.59	456.51	445.33	445.62
Total Liabilities & Equity	590.83	577.52	566.79	546.04	536.35	539.42
Total Debt	51.94	47.94	49.94	55.72	62.81	64.37
Net Cash (Debt)	-2.38	16.52	22.62	-8.54	-4.72	1.82
Net Cash Growth	-	-26.97%	-	-	-	-86.90%
Net Cash Per Share	-0.09	0.62	0.85	-0.32	-0.18	0.07
Filing Date Shares Outstanding	26.81	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	45.71	68.25	71.02	47.38	55.58	67.05
Book Value Per Share	17.50	17.47	17.42	16.71	16.36	16.49
Tangible Book Value	411.42	415.6	415.19	441.15	429.96	376.09
Tangible Book Value Per Share	15.35	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.