EPAM Systems, Inc. (BIT:1EPAM)

EPAM Systems Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,174	1,286	2,036	1,681	1,447	1,322
Short-Term Investments	-	1.69	60.74	60.34	-	60.01
Cash & Short-Term Investments	1,174	1,288	2,097	1,742	1,447	1,382
Cash Growth	-42.62%	-38.58%	20.40%	20.40%	4.67%	47.58%
Accounts Receivable	1,090	1,002	897.03	932.63	768.93	501.06
Other Receivables	23.3	23.1	-	-	-	-
Receivables	1,113	1,025	897.03	932.63	768.93	501.06
Prepaid Expenses	121.2	112.18	81.65	72.7	52	24.51
Restricted Cash	1.15	0.84	5.29	0.43	0.5	0.11
Other Current Assets	6.33	-	10.42	12.19	1.43	4.96
Total Current Assets	2,416	2,426	3,091	2,760	2,269	1,913
Property, Plant & Equipment	327.67	335.91	369.95	422.13	421.06	398.21
Long-Term Investments	36.1	38.5	31.7	28.4	27.5	25
Goodwill	1,187	1,182	562.46	529.07	530.72	211.96
Other Intangible Assets	426.69	436.42	71.12	77.65	101.14	51.98
Long-Term Deferred Tax Assets	255.08	269.8	197.9	172.8	143.93	92.45
Other Long-Term Assets	75.34	62.02	27.88	19.48	29.4	28.96
Total Assets	4,724	4,750	4,352	4,009	3,523	2,721
Accounts Payable	44.46	44.7	31.99	30.85	24.85	10.19
Accrued Expenses	606.69	528.69	452.6	523.3	552.92	329.23
Short-Term Debt	-	-	-	2.86	16.02	-
Current Portion of Leases	39.47	39.63	36.56	40.35	50.1	60.76
Current Income Taxes Payable	35.27	50.4	38.81	46.07	27.44	20.6
Current Unearned Revenue	60.42	59.32	27.99	36.04	39.81	17.38
Other Current Liabilities	2.83	98.3	56.98	68.01	52.28	27.79
Total Current Liabilities	789.12	821.04	644.93	747.48	763.42	465.95
Long-Term Debt	25.06	25.19	26.13	27.69	30.23	25.04
Long-Term Leases	93.62	98.43	109.26	122.32	142.8	180.6
Long-Term Unearned Revenue	0.8	0.74	0.95	0.04	0.08	0.09
Long-Term Deferred Tax Liabilities	94.21	92.36	8.74	12.8	18.3	3.3
Other Long-Term Liabilities	77.59	54.09	75.97	86.01	69.06	57.93
Total Liabilities	1,080	1,119	880.9	1,006	1,027	738.31
Common Stock	0.06	0.06	0.06	0.06	0.06	0.06
Additional Paid-In Capital	1,235	1,190	1,009	847.97	711.91	660.77
Retained Earnings	2,469	2,556	2,501	2,249	1,830	1,348
Treasury Stock	-	-	-	-0.12	-0.18	-0.18
Comprehensive Income & Other	-61.85	-116.86	-39.04	-95.32	-54.21	-25.51
Total Common Equity	3,643	3,629	3,471	3,002	2,487	1,983
Minority Interest	0.58	1.94	0.58	1.48	8.72	-
Shareholders' Equity	3,643	3,631	3,471	3,003	2,496	1,983
Total Liabilities & Equity	4,724	4,750	4,352	4,009	3,523	2,721
Total Debt	158.14	163.25	171.95	193.22	239.16	266.4
Net Cash (Debt)	1,015	1,125	1,925	1,548	1,207	1,116
Net Cash Growth	-45.78%	-41.58%	24.32%	28.24%	8.22%	65.76%
Net Cash Per Share	17.64	19.40	32.58	26.17	20.44	19.09
Filing Date Shares Outstanding	56.65	56.89	57.83	57.68	56.88	56.18
Total Common Shares Outstanding	56.63	56.87	57.79	57.66	56.85	56.11
Working Capital	1,627	1,605	2,446	2,012	1,506	1,447
Book Value Per Share	64.33	63.82	60.06	52.06	43.75	35.34
Tangible Book Value	2,029	2,011	2,837	2,395	1,855	1,719
Tangible Book Value Per Share	35.83	35.37	49.10	41.54	32.63	30.64
Land	-	1.34	1.34	1.34	1.34	1.34
Buildings	-	55.06	54.9	54.63	55.39	52.01
Machinery	-	186.55	196.89	198.48	222.39	170.16
Construction In Progress	-	52.26	51.48	51.5	50.13	-
Leasehold Improvements	-	39.28	37.19	32.95	37.83	39.68

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