Demant A/S (CPH: DEMANT)

Demant Balance Sheet

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

Fiscal Year	TTM	2023	2022	2021	2020	2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	1,048	1,138	1,130	1,172	952	792
Cash & Short-Term Investments	1,048	1,138	1,130	1,172	952	792
Cash Growth	-9.50%	0.71%	-3.58%	23.11%	20.20%	25.71%
Accounts Receivable	3,705	3,650	3,626	3,203	2,808	3,209
Other Receivables	730	802	672	635	615	805
Receivables	4,591	4,643	4,527	4,034	3,423	4,014
Inventory	2,674	2,845	2,904	2,366	1,968	1,852
Prepaid Expenses	513	415	394	308	263	243
Other Current Assets	1,826	343	1,067	6	81	13
Total Current Assets	10,652	9,384	10,022	7,886	6,687	6,914
Property, Plant & Equipment	5,306	5,409	4,857	4,356	3,986	3,863
Long-Term Investments	368	747	837	869	847	979
Goodwill	13,335	12,381	11,488	9,471	8,320	7,826
Other Intangible Assets	939	1,159	1,094	846	784	529
Long-Term Deferred Tax Assets	548	542	538	596	553	551
Other Long-Term Assets	760	447	455	342	750	1,136
Total Assets	32,390	30,546	29,857	24,860	21,927	21,798
Accounts Payable	858	799	865	808	802	652
Short-Term Debt	-	530	765	3,197	1,181	3,338
Current Portion of Long-Term Debt	1,983	1,067	5,833	3,225	2,431	2,175
Current Portion of Leases	650	641	614	511	456	418
Current Income Taxes Payable	439	578	311	267	131	66
Current Unearned Revenue	549	548	513	501	536	590
Other Current Liabilities	3,015	2,699	2,668	2,464	1,837	1,605
Total Current Liabilities	7,494	6,862	11,569	10,973	7,374	8,844
Long-Term Debt	11,112	10,171	6,098	2,795	3,499	2,512
Long-Term Leases	2,082	2,045	1,766	1,610	1,437	1,546
Long-Term Unearned Revenue	782	635	501	423	381	451
Long-Term Deferred Tax Liabilities	620	633	620	470	339	314
Other Long-Term Liabilities	778	747	650	415	375	258
Total Liabilities	22,868	21,208	21,295	16,879	13,648	14,153
Common Stock	44	45	46	48	48	49
Retained Earnings	9,375	9,292	8,371	7,975	8,561	7,574
Comprensive Income & Other	20	-81	144	-46	-359	13
Total Common Equity	9,439	9,256	8,561	7,977	8,250	7,636
Minority Interest	83	82	1	4	29	9
Shareholders' Equity	9,522	9,338	8,562	7,981	8,279	7,645
Total Liabilities & Equity	32,390	30,546	29,857	24,860	21,927	21,798
Total Debt	15,827	14,454	15,076	11,338	9,004	9,989
Net Cash (Debt)	-14,779	-13,316	-13,946	-10,166	-8,052	-9,197
Net Cash Per Share	-66.86	-59.68	-61.71	-43.29	-33.58	-37.76
Filing Date Shares Outstanding	218.97	220.55	223.16	230.13	239.89	240.56
Total Common Shares Outstanding	218.97	220.55	223.16	230.13	239.89	240.56
Working Capital	3,158	2,522	-1,547	-3,087	-687	-1,930
Book Value Per Share	43.11	41.97	38.36	34.66	34.39	31.74
Tangible Book Value	-4,835	-4,284	-4,021	-2,340	-854	-719
Tangible Book Value Per Share	-22.08	-19.42	-18.02	-10.17	-3.56	-2.99
Land	-	1,439	1,339	1,308	1,254	1,147
Machinery	-	2,522	2,572	2,412	2,083	2,080
Construction In Progress	-	225	220	127	181	-
Leasehold Improvements	-	1,574	1,391	1,133	973	950

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