ADTRAN Holdings, Inc. (ETR: QH9)

ADTRAN Holdings Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	88.46	87.17	108.64	56.6	60.16	73.77
Short-Term Investments	-	-	0.34	0.35	3.13	7.64
Cash & Short-Term Investments	88.46	87.17	108.98	56.95	63.29	81.42
Cash Growth	-23.81%	-20.02%	91.36%	-10.02%	-22.26%	-25.13%
Accounts Receivable	172.69	217.14	281.29	159.21	99.59	94.54
Other Receivables	23.96	17.57	18.99	10.76	20.77	12.55
Receivables	196.65	234.7	300.27	169.97	120.36	107.1
Inventory	282.93	362.3	427.53	139.89	125.46	98.31
Prepaid Expenses	69.11	43.47	32.08	8.6	7.19	6.29
Restricted Cash	-	-	-	0.22	0.02	-
Other Current Assets	1.71	9.23	13.49	0.7	1.1	27.2
Total Current Assets	638.86	736.86	882.36	376.33	317.42	320.31
Property, Plant & Equipment	147.43	160.49	141.04	60.69	67.71	76.54
Long-Term Investments	1.04	0.94	9.77	43.72	56.23	72.79
Goodwill	56.88	353.42	381.72	6.97	6.97	6.97
Other Intangible Assets	286.1	327.99	401.21	19.29	23.47	27.82
Long-Term Accounts Receivable	-	-	-	-	0.35	0.89
Long-Term Deferred Tax Assets	25.7	25.79	67.84	9.08	9.87	7.56
Long-Term Deferred Charges	-	-	-	0.1	-	-
Other Long-Term Assets	117.15	77.03	59.56	52.85	43.67	32.24
Total Assets	1,273	1,683	1,943	569.02	525.68	545.12
Accounts Payable	173.35	162.92	237.7	102.49	49.93	44.87
Accrued Expenses	69.2	50.52	65.32	21.44	19.97	16.7
Short-Term Debt	-	-	60.53	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	-	24.6
Current Portion of Leases	-	7.72	7.6	1.73	1.81	2.68
Current Income Taxes Payable	2.01	5.22	9.03	6.56	1.3	3.51
Current Unearned Revenue	54.62	46.73	41.19	17.74	14.09	11.96
Other Current Liabilities	5.65	6.4	7.2	5.4	7.1	8.39
Total Current Liabilities	304.82	279.51	428.58	155.36	94.19	112.71
Long-Term Debt	189.85	195	60	-	-	-
Long-Term Leases	25.64	31.42	22.81	3.27	3.57	5.82
Long-Term Unearned Revenue	24.9	25.11	19.24	9.27	6.89	6.01
Long-Term Deferred Tax Liabilities	21.48	35.66	61.63	-	-	-
Other Long-Term Liabilities	58.54	57.7	37.01	32.61	29.42	24.27
Total Liabilities	637.38	636.93	639.88	211.92	152.74	164.69
Common Stock	0.79	0.79	0.78	0.8	0.8	0.8
Additional Paid-In Capital	806.19	795.3	895.83	288.95	281.47	274.63
Retained Earnings	-635.16	-243.91	55.34	740.82	781.81	806.7
Treasury Stock	-5.2	-5.83	-4.13	-661.55	-679.49	-685.29
Comprehensive Income & Other	47.38	47.46	26.13	-11.91	-11.64	-16.42
Total Common Equity	213.99	593.82	973.95	357.1	372.94	380.43
Minority Interest	421.78	451.76	329.66	-	-	-
Shareholders' Equity	635.77	1,046	1,304	357.1	372.94	380.43
Total Liabilities & Equity	1,273	1,683	1,943	569.02	525.68	545.12
Total Debt	215.48	234.14	150.94	5	5.38	33.09
Net Cash (Debt)	-125.99	-146.07	-41.15	64.55	68.91	84.12
Net Cash Growth	-	-	-	-6.32%	-18.08%	1.17%
Net Cash Per Share	-1.60	-1.86	-0.66	1.33	1.43	1.76
Filing Date Shares Outstanding	78.98	79.12	78.63	49.12	48.52	48.09
Total Common Shares Outstanding	78.97	78.67	77.89	49.06	48.24	48.02
Working Capital	334.03	457.35	453.78	220.97	223.23	207.6
Book Value Per Share	2.71	7.55	12.50	7.28	7.73	7.92
Tangible Book Value	-128.99	-87.58	191.02	330.84	342.51	345.64
Tangible Book Value Per Share	-1.63	-1.11	2.45	6.74	7.10	7.20
Land	5.25	5.24	5.36	4.58	4.58	4.58
Buildings	139.34	137.45	130.79	103.74	103.31	102.95
Machinery	348.3	306.28	273.64	226.96	223.83	219.17

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