Village Farms International, Inc. (VFF)

VFF 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	29.66	30.29	16.68	53.42	21.64	11.99
Cash & Short-Term Investments	29.66	30.29	16.68	53.42	21.64	11.99
Cash Growth	11.25%	81.64%	-68.78%	146.84%	80.50%	0.58%
Accounts Receivable	39.88	30.56	27.56	34.36	23.22	9
Other Receivables	1.1	0.29	7.21	3.05	0.16	1.06
Receivables	40.97	30.86	34.77	37.41	23.39	25.47
Inventory	59.03	78.47	70.58	68.68	46.6	15.92
Prepaid Expenses	4.68	7.15	5.96	10.21	6.15	1.26
Restricted Cash	-	5	5	5.25	4.04	-
Total Current Assets	134.33	151.77	132.98	174.96	101.81	54.64
Property, Plant & Equipment	209.79	218.21	216.83	223.31	190.85	66.74
Long-Term Investments	2.66	2.66	2.11	2.11	1.23	41.33
Goodwill	44.46	55.92	66.23	117.53	24.03	-
Other Intangible Assets	27.87	32.28	37.16	26.39	17.31	-
Long-Term Deferred Tax Assets	4.2	4.2	4.2	16.77	13.31	8
Other Long-Term Assets	2.05	1.96	5.78	2.58	1.95	1.83
Total Assets	425.35	466.99	465.29	566.91	354.03	183.41
Accounts Payable	20.12	21.75	24.89	22.6	15.06	12.65
Accrued Expenses	30.71	32.79	26.72	20.17	22.44	3.02
Short-Term Debt	4	4	7.53	7.76	17.31	2
Current Portion of Long-Term Debt	8.68	9.13	9.65	11.42	10.17	3.42
Current Portion of Leases	2.35	2.11	1.97	0.96	1.13	0.94
Current Income Taxes Payable	-	0.03	-	-	4.52	-
Other Current Liabilities	2.34	2.34	1.46	1.41	1.64	-
Total Current Liabilities	68.2	72.16	72.22	64.31	72.28	22.03
Long-Term Debt	35.74	38.93	43.82	50.42	53.91	28.97
Long-Term Leases	9.71	11.34	7.79	6.71	2.86	2.72
Long-Term Deferred Tax Liabilities	23.58	23.73	19.76	18.66	18.06	1.87
Other Long-Term Liabilities	2.09	1.9	1.71	1.97	1.63	1.36
Total Liabilities	139.32	148.05	145.29	142.07	148.75	56.95
Common Stock	386.72	386.72	372.43	365.56	145.67	98.33
Additional Paid-In Capital	30.41	25.61	13.37	9.37	17.5	4.35
Retained Earnings	-132.57	-106.17	-74.37	26.78	35.86	24.25
Comprehensive Income & Other	-9.39	-3.54	-8.37	6.7	6.26	-0.48
Total Common Equity	275.16	302.63	303.06	408.41	205.28	126.46
Minority Interest	10.88	16.32	16.93	16.43	-	-
Shareholders' Equity	286.04	318.94	319.99	424.84	205.28	126.46
Total Liabilities & Equity	425.35	466.99	465.29	566.91	354.03	183.41
Total Debt	60.49	65.51	70.75	77.27	85.39	38.05
Net Cash (Debt)	-30.83	-35.21	-54.08	-23.85	-63.75	-26.06
Net Cash Per Share	-0.28	-0.32	-0.61	-0.29	-1.04	-0.51
Filing Date Shares Outstanding	111.73	110.25	110.24	88.44	79.6	56.25
Total Common Shares Outstanding	111.73	110.25	91.79	88.23	66.91	52.66
Working Capital	66.14	79.61	60.77	110.65	29.53	32.61
Book Value Per Share	2.46	2.74	3.30	4.63	3.07	2.40
Tangible Book Value	202.84	214.43	199.68	264.48	163.95	126.46
Tangible Book Value Per Share	1.82	1.94	2.18	3.00	2.45	2.40
Land	14.29	14.64	13.41	14.1	10.45	3.2
Buildings	213.46	217.38	214.15	184.44	142.06	72.77
Machinery	90.99	86.67	82.4	79.07	69.39	61.87
Construction In Progress	12.44	13.62	10.03	39.21	52.96	1.7
Leasehold Improvements	5.51	5.53	5.37	5.22	4.15	3.82

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