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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	28.7	30.29	16.68	53.42	21.64	11.99
Cash & Short-Term Investments	28.7	30.29	16.68	53.42	21.64	11.99
Cash Growth	-19.13%	81.64%	-68.78%	146.84%	80.50%	0.58%
Accounts Receivable	33.19	30.56	27.56	34.36	23.22	9
Other Receivables	0.95	0.29	7.21	3.05	0.16	1.06
Receivables	34.13	30.86	34.77	37.41	23.39	25.47
Inventory	60.02	78.47	70.58	68.68	46.6	15.92
Prepaid Expenses	5.22	7.15	5.96	10.21	6.15	1.26
Restricted Cash	-	5	5	5.25	4.04	-
Total Current Assets	128.07	151.77	132.98	174.96	101.81	54.64
Property, Plant & Equipment	211.25	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	45	55.92	66.23	117.53	24.03	-
Other Intangible Assets	27.49	32.28	37.16	26.39	17.31	-
Long-Term Deferred Tax Assets	1.2	4.2	4.2	16.77	13.31	8
Other Long-Term Assets	2.19	1.96	5.78	2.58	1.95	1.83
Total Assets	417.85	466.99	465.29	566.91	354.03	183.41
Accounts Payable	18.43	21.75	24.89	22.6	15.06	12.65
Accrued Expenses	27.37	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	8.65	9.13	9.65	11.42	10.17	3.42
Current Portion of Leases	2.49	2.11	1.97	0.96	1.13	0.94
Current Income Taxes Payable	-	0.03	-	-	4.52	-
Other Current Liabilities	1.69	2.34	1.46	1.41	1.64	-
Total Current Liabilities	62.63	72.16	72.22	64.31	72.28	22.03
Long-Term Debt	34.6	38.93	43.82	50.42	53.91	28.97
Long-Term Leases	9.45	11.34	7.79	6.71	2.86	2.72
Long-Term Deferred Tax Liabilities	23.95	23.73	19.76	18.66	18.06	1.87
Other Long-Term Liabilities	2.25	1.9	1.71	1.97	1.63	1.36
Total Liabilities	132.89	148.05	145.29	142.07	148.75	56.95
Common Stock	387.35	386.72	372.43	365.56	145.67	98.33
Additional Paid-In Capital	30.34	25.61	13.37	9.37	17.5	4.35
Retained Earnings	-136.39	-106.17	-74.37	26.78	35.86	24.25
Comprehensive Income & Other	-6.95	-3.54	-8.37	6.7	6.26	-0.48
Total Common Equity	274.35	302.63	303.06	408.41	205.28	126.46
Minority Interest	10.61	16.32	16.93	16.43	-	-
Shareholders' Equity	284.96	318.94	319.99	424.84	205.28	126.46
Total Liabilities & Equity	417.85	466.99	465.29	566.91	354.03	183.41
Total Debt	59.2	65.51	70.75	77.27	85.39	38.05
Net Cash (Debt)	-30.5	-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	112.34	110.25	110.24	88.44	79.6	56.25
Total Common Shares Outstanding	112.34	110.25	91.79	88.23	66.91	52.66
Working Capital	65.44	79.61	60.77	110.65	29.53	32.61
Book Value Per Share	2.44	2.74	3.30	4.63	3.07	2.40
Tangible Book Value	201.86	214.43	199.68	264.48	163.95	126.46
Tangible Book Value Per Share	1.80	1.94	2.18	3.00	2.45	2.40
Land	14.41	14.64	13.41	14.1	10.45	3.2
Buildings	215.14	217.38	214.15	184.44	142.06	72.77
Machinery	92.06	86.67	82.4	79.07	69.39	61.87
Construction In Progress	15.37	13.62	10.03	39.21	52.96	1.7
Leasehold Improvements	5.52	5.53	5.37	5.22	4.15	3.82

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