TOYO Co., Ltd. Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Cash & Equivalents	28.19	13.65	18.04	2.07
Cash & Short-Term Investments	28.19	13.65	18.04	2.07
Cash Growth	-32.34%	-24.29%	773.20%	-
Receivables	16.61	18.75	-	-
Inventory	60.02	19.98	64.4	-
Prepaid Expenses	8.98	0.39	0.15	-
Restricted Cash	1.88	1.88	0.08	-
Other Current Assets	2.2	0.73	0.09	-
Total Current Assets	117.88	55.39	82.75	2.07
Property, Plant & Equipment	205.17	165.67	143.32	0.71
Long-Term Deferred Charges	-	-	2.08	-
Other Long-Term Assets	30.58	18.74	10.13	8.15
Total Assets	353.62	239.8	238.28	10.92
Accounts Payable	54.97	17.63	37.22	1.08
Accrued Expenses	2.34	1.57	4.89	1.73
Short-Term Debt	99.22	71.19	91.9	-
Current Portion of Leases	2.45	2.12	0.15	-
Current Income Taxes Payable	3.16	0.78	-	-
Current Unearned Revenue	67.75	23.73	29.35	-
Other Current Liabilities	5.82	8.01	5.69	0.07
Total Current Liabilities	249.26	125.03	169.19	2.88
Long-Term Debt	-	21	11.82	-
Long-Term Leases	34.12	34.33	0.37	0.2
Total Liabilities	283.38	180.36	181.39	3.08
Common Stock	0	0	0	0
Additional Paid-In Capital	20.39	14.41	50	7.64
Retained Earnings	53.78	50.32	9.7	-0.19
Comprehensive Income & Other	-7.17	-5.49	-2.81	0.4
Total Common Equity	67.01	59.24	56.9	7.85
Minority Interest	3.23	0.2	-	-
Shareholders' Equity	70.24	59.44	56.9	7.85
Total Liabilities & Equity	353.62	239.8	238.28	10.92
Total Debt	149.35	128.63	104.24	0.2
Net Cash (Debt)	-121.16	-114.98	-86.21	1.87
Net Cash Per Share	-4.44	-3.74	-2.10	0.05
Filing Date Shares Outstanding	35.31	33.6	41	41
Total Common Shares Outstanding	35.31	33.6	41	41
Working Capital	-131.38	-69.64	-86.44	-0.81
Book Value Per Share	1.90	1.76	1.39	0.19
Tangible Book Value	67.01	59.24	56.9	7.85
Tangible Book Value Per Share	1.90	1.76	1.39	0.19
Buildings	52.9	18.4	15	-
Machinery	137.12	120.31	86.21	0
Construction In Progress	9.7	10.32	44.14	0.52

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