Ultralife Corporation (ULBI)

Ultralife 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	6.77	10.28	5.71	8.41	10.65	7.41
Cash & Short-Term Investments	6.77	10.28	5.71	8.41	10.65	7.41
Cash Growth	-27.17%	79.91%	-32.09%	-21.03%	43.86%	-71.45%
Accounts Receivable	27.75	31.76	27.78	20.23	21.05	30.11
Other Receivables	-	1.54	-	-	-	-
Receivables	27.75	33.31	27.78	20.23	21.05	30.11
Inventory	43.99	42.22	41.19	33.19	28.19	29.76
Prepaid Expenses	7.91	4.41	4.3	4.69	3	3.1
Other Current Assets	-	-	-	-	1.59	-
Total Current Assets	86.43	90.2	78.99	66.52	64.5	70.37
Property, Plant & Equipment	24.44	24.71	23.9	25.79	25.04	24.39
Goodwill	37.79	37.57	37.43	38.07	27.02	26.75
Other Intangible Assets	14.49	15.11	15.92	17.39	9.21	9.72
Long-Term Deferred Tax Assets	9.13	10.57	12.07	11.47	11.84	13.22
Other Long-Term Assets	0.17	0.12	0.12	0.3	0.1	0.1
Total Assets	172.44	178.28	168.43	159.54	137.7	144.56
Accounts Payable	12.68	11.34	16.07	9.82	10.84	9.39
Accrued Expenses	10.21	9.21	9.94	6.23	5.83	5.81
Current Portion of Long-Term Debt	2	2	2	2	1.36	1.37
Current Portion of Leases	1.02	0.89	0.9	0.87	0.68	0.62
Current Unearned Revenue	0.3	0.29	-	-	-	-
Total Current Liabilities	26.2	23.73	28.91	18.92	18.71	17.19
Long-Term Debt	5.89	23.62	19.31	18.86	-	15.78
Long-Term Leases	3.16	2.64	1.31	1.74	1.52	1.25
Long-Term Unearned Revenue	0.93	1.12	-	-	-	-
Long-Term Deferred Tax Liabilities	1.63	1.71	1.92	2.25	0.52	0.56
Other Long-Term Liabilities	0.01	0.02	0.58	0.02	0.03	0.03
Total Liabilities	37.81	52.85	52.03	41.8	20.78	34.81
Common Stock	2.11	2.08	2.06	2.05	2.04	2.03
Additional Paid-In Capital	191.58	189.16	187.41	186.52	185.46	184.29
Retained Earnings	-34.64	-40.75	-47.95	-47.83	-47.6	-52.83
Treasury Stock	-21.49	-21.49	-21.48	-21.47	-21.32	-21.23
Comprehensive Income & Other	-3.08	-3.66	-3.75	-1.65	-1.78	-2.53
Total Common Equity	134.48	125.33	116.28	117.62	116.8	109.73
Minority Interest	0.15	0.1	0.13	0.13	0.12	0.02
Shareholders' Equity	134.63	125.43	116.4	117.74	116.92	109.75
Total Liabilities & Equity	172.44	178.28	168.43	159.54	137.7	144.56
Total Debt	12.06	29.16	23.51	23.47	3.57	19.02
Net Cash (Debt)	-5.28	-18.88	-17.8	-15.05	7.09	-11.61
Net Cash Per Share	-0.32	-1.16	-1.10	-0.94	0.44	-0.72
Filing Date Shares Outstanding	16.63	16.45	16.14	16.13	15.96	15.87
Total Common Shares Outstanding	16.63	16.35	16.14	16.09	15.96	15.87
Working Capital	60.23	66.47	50.08	47.6	45.79	53.18
Book Value Per Share	8.09	7.67	7.21	7.31	7.32	6.92
Tangible Book Value	82.2	72.65	62.93	62.16	80.57	73.25
Tangible Book Value Per Share	4.94	4.44	3.90	3.86	5.05	4.62
Land	1.27	1.27	1.27	1.27	1.27	1.27
Buildings	16.16	16	15.57	15.44	15.39	8.15
Machinery	69.11	68.3	74.57	73.95	70.18	71.2
Construction In Progress	1.64	2.03	1.25	0.76	1.23	4.73
Order Backlog	-	103.54	110.99	63.71	39.29	42.56

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