Cebu Air, Inc. (PSE:CEB)

Cebu Air Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	15,849	19,916	15,596	19,175	18,805	4,324
Trading Asset Securities	-	-	-	60.91	-	-
Cash & Short-Term Investments	15,849	19,916	15,596	19,236	18,805	4,324
Cash Growth	-9.15%	27.70%	-18.93%	2.30%	334.88%	-76.23%
Accounts Receivable	2,412	2,201	1,447	1,668	1,178	1,515
Other Receivables	1,543	952.86	1,096	923.22	800.94	718.32
Receivables	3,955	3,154	2,543	2,591	1,979	2,234
Inventory	4,807	4,634	4,016	2,533	1,777	1,906
Prepaid Expenses	316.34	69.53	202.13	26.88	57.38	55.05
Restricted Cash	-	-	1,259	832.06	778.04	1,096
Other Current Assets	9,500	9,309	4,618	4,576	2,931	2,523
Total Current Assets	34,428	37,082	28,234	29,795	26,327	12,139
Property, Plant & Equipment	167,967	185,580	146,080	108,015	104,613	108,990
Long-Term Investments	543.24	447.44	300.44	221.88	335.17	546.52
Goodwill	1,525	1,034	721.65	721.65	721.65	721.65
Other Intangible Assets	1,837	1,837	852.69	852.69	852.69	852.69
Long-Term Deferred Tax Assets	9,777	8,404	8,174	5,567	3,438	1,472
Other Long-Term Assets	25,219	3,784	2,821	1,983	1,966	3,737
Total Assets	241,296	238,167	187,185	147,156	138,254	128,459
Accounts Payable	4,759	8,958	11,204	8,636	3,743	3,366
Accrued Expenses	13,197	14,448	13,595	10,570	11,255	7,922
Short-Term Debt	1,238	5,568	-	-	4,462	4,802
Current Portion of Long-Term Debt	4,335	4,024	5,093	3,699	3,855	4,840
Current Portion of Leases	14,271	13,470	9,229	5,851	5,048	6,799
Current Income Taxes Payable	0.47	5.16	2.86	-	1.27	-
Current Unearned Revenue	23,140	21,588	15,223	13,653	5,077	4,451
Other Current Liabilities	3,460	472.69	343.12	1,400	1,964	1,610
Total Current Liabilities	64,401	68,534	54,689	43,809	35,406	33,791
Long-Term Debt	50,767	52,931	47,044	50,103	54,284	48,400
Long-Term Leases	102,572	100,160	73,411	42,597	27,422	11,554
Long-Term Unearned Revenue	-	-	413.62	260.28	-	1,062
Pension & Post-Retirement Benefits	1,207	998.26	893.24	759.34	424.82	590.09
Other Long-Term Liabilities	6,224	5,520	5,955	12,511	10,106	10,370
Total Liabilities	225,171	228,143	182,406	150,041	127,644	105,768
Common Stock	637.7	637.36	634.91	626.07	613.24	613.24
Additional Paid-In Capital	4,508	4,494	20,659	20,596	20,544	8,406
Retained Earnings	12,043	5,404	-16,266	-24,189	-10,209	14,689
Treasury Stock	-1,369	-955.71	-950.88	-950.88	-950.88	-950.88
Comprehensive Income & Other	83.19	135.85	391.86	715.2	283.65	-66.29
Total Common Equity	15,903	9,715	4,468	-3,202	10,281	22,691
Shareholders' Equity	16,125	10,025	4,778	-2,885	10,610	22,691
Total Liabilities & Equity	241,296	238,167	187,185	147,156	138,254	128,459
Total Debt	173,183	176,153	134,777	102,251	95,073	76,396
Net Cash (Debt)	-157,333	-156,238	-119,181	-83,015	-76,268	-72,072
Net Cash Per Share	-126.08	-124.74	-95.47	-134.94	-126.25	-120.37
Filing Date Shares Outstanding	613.1	624.27	621.99	616.31	612.06	600.32
Total Common Shares Outstanding	613.1	624.27	621.99	616.31	612.06	600.32
Working Capital	-29,973	-31,452	-26,455	-14,014	-9,079	-21,652
Book Value Per Share	25.94	15.56	7.18	-5.20	16.80	37.80
Tangible Book Value	12,541	6,844	2,894	-4,777	8,706	21,117
Tangible Book Value Per Share	20.46	10.96	4.65	-7.75	14.22	35.18
Machinery	85,935	78,801	75,415	75,719	88,354	105,676
Construction In Progress	55.06	22,926	17,992	14,231	14,708	16,305
Leasehold Improvements	-	2,253	2,151	2,057	1,999	1,931

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.