QinetiQ Group plc (QNTQY)

QinetiQ Group Balance Sheet

Financials in millions GBP. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	290.6	231	151.2	248.1	190.1
Cash & Short-Term Investments	290.6	231	151.2	248.1	190.1
Cash Growth	25.80%	52.78%	-39.06%	30.51%	79.68%
Accounts Receivable	303.4	351.1	373	300.2	281.6
Other Receivables	49.7	63.9	47.3	40.2	8.5
Receivables	353.1	415	420.3	340.4	290.1
Inventory	70.7	89.2	68.8	54.9	54.4
Prepaid Expenses	36.9	47.6	36.3	34.2	37.3
Other Current Assets	4.9	6.2	5.7	0.6	0.9
Total Current Assets	756.2	789	682.3	678.2	572.8
Property, Plant & Equipment	473.3	531.8	477.8	414.5	397.2
Long-Term Investments	2.1	2.2	1.4	2.6	5.1
Goodwill	249.8	401.4	409	149.4	145.5
Other Intangible Assets	265.6	294.8	328	127.6	121.7
Long-Term Deferred Tax Assets	10.7	36.7	32.6	21	11.7
Long-Term Deferred Charges	29.3	28.1	16	13.2	12.2
Other Long-Term Assets	41.4	22.2	125	362.2	214.3
Total Assets	1,828	2,106	2,072	1,769	1,481
Accounts Payable	152.1	175.9	135.9	76.1	77.3
Accrued Expenses	238.4	232.2	222.4	216.1	177.1
Current Portion of Long-Term Debt	1.8	1.1	0.6	1.4	0.1
Current Portion of Leases	13.3	8.1	7.6	5.5	6.9
Current Income Taxes Payable	3.6	6.6	4.6	5.9	2.5
Current Unearned Revenue	207	212.6	216.9	182.5	157.3
Other Current Liabilities	56.2	49.3	19.7	21.1	4.2
Total Current Liabilities	672.4	685.8	607.7	508.6	425.4
Long-Term Debt	336	336.7	338.1	0.6	0.9
Long-Term Leases	80.6	47.4	23.7	16.6	19.8
Long-Term Unearned Revenue	6.4	10.2	14	15.2	36.3
Long-Term Deferred Tax Liabilities	101	94.4	112	156.7	89.7
Other Long-Term Liabilities	5.5	5.6	8.3	29.6	23.5
Total Liabilities	1,202	1,180	1,104	727.3	595.6
Common Stock	5.5	5.7	5.8	5.8	5.7
Additional Paid-In Capital	147.6	147.6	147.6	147.6	147.6
Retained Earnings	456.8	742.3	772	845	693.8
Comprehensive Income & Other	16.6	30.5	42.9	42.8	37.5
Total Common Equity	626.5	926.1	968.3	1,041	884.6
Minority Interest	-	-	-	0.2	0.3
Shareholders' Equity	626.5	926.1	968.3	1,041	884.9
Total Liabilities & Equity	1,828	2,106	2,072	1,769	1,481
Total Debt	431.7	393.3	370	24.1	27.7
Net Cash (Debt)	-141.1	-162.3	-218.8	224	162.4
Net Cash Growth	-	-	-	37.93%	110.91%
Net Cash Per Share	-0.25	-0.28	-0.38	0.39	0.28
Filing Date Shares Outstanding	551.82	573.53	574.55	571.94	569.24
Total Common Shares Outstanding	551.82	573.53	574.55	571.94	569.24
Working Capital	83.8	103.2	74.6	169.6	147.4
Book Value Per Share	1.14	1.61	1.69	1.82	1.55
Tangible Book Value	111.1	229.9	231.3	764.2	617.4
Tangible Book Value Per Share	0.20	0.40	0.40	1.34	1.08
Land	169.9	375.7	365.7	350.6	353.8
Machinery	500.9	465.3	433.6	377.3	330.8
Construction In Progress	129.4	142.3	115.5	94.5	76.9
Order Backlog	2,845	2,873	3,070	2,829	2,944

Source: S&P Global Market Intelligence. Standard template. Financial Sources.