TWFG, Inc. (TWFG)

TWFG, Inc. Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	191.2	39.3	22.33
Cash & Short-Term Investments	191.2	39.3	22.33
Cash Growth	756.23%	75.98%	-
Receivables	31.68	25.06	20.64
Restricted Cash	9.71	7.17	7.93
Other Current Assets	1.54	3.58	37.81
Total Current Assets	234.13	75.11	88.72
Property, Plant & Equipment	3.31	3.06	2.92
Long-Term Investments	0.3	0.5	0.8
Other Intangible Assets	75.02	36.44	21.36
Other Long-Term Assets	0.34	0.34	0.36
Total Assets	313.09	115.44	114.15
Accounts Payable	0.77	1.57	0.21
Accrued Expenses	17.62	12.49	9.5
Current Portion of Long-Term Debt	2.4	2.78	2.64
Current Portion of Leases	1.07	0.88	0.63
Other Current Liabilities	15.8	17.2	33.35
Total Current Liabilities	38.1	34.91	46.33
Long-Term Debt	5.41	47.96	8.36
Long-Term Leases	1.45	1.52	1.68
Total Liabilities	44.96	84.39	56.37
Common Stock	0.15	0.63	0.63
Additional Paid-In Capital	57.16	25.11	25.11
Retained Earnings	13.7	4.81	32.18
Comprehensive Income & Other	0.08	0.5	-0.14
Shareholders' Equity	268.13	31.05	57.79
Total Liabilities & Equity	313.09	115.44	114.15
Total Debt	10.34	53.14	13.31
Net Cash (Debt)	180.86	-13.84	9.02
Net Cash Per Share	12.21	-21.91	14.28
Filing Date Shares Outstanding	14.81	0.63	0.63
Total Common Shares Outstanding	14.81	0.63	0.63
Working Capital	196.03	40.2	42.38
Book Value Per Share	4.80	49.15	91.47
Tangible Book Value	-3.94	-5.39	36.43
Tangible Book Value Per Share	-0.27	-8.52	57.67

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