Spirent Communications plc (LON:SPT)

Spirent Communications Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	141.8	108.1	209.6	174.8	241.2
Cash & Short-Term Investments	141.8	108.1	209.6	174.8	241.2
Cash Growth	31.18%	-48.43%	19.91%	-27.53%	31.66%
Accounts Receivable	134.9	113.3	142.4	149.2	118.4
Other Receivables	1.8	8.5	7.8	6.3	5.3
Receivables	136.7	121.8	150.2	155.5	123.7
Inventory	35.5	43.5	39.8	26	22.3
Prepaid Expenses	-	12.9	13	11.1	9
Other Current Assets	1.9	1	0.9	1.2	0.8
Total Current Assets	315.9	287.3	413.5	368.6	397
Property, Plant & Equipment	32.2	33	40.1	49.7	49.1
Goodwill	-	187.3	183.1	184	157.5
Other Intangible Assets	203.5	19.3	18.9	24.2	2.4
Long-Term Accounts Receivable	6.7	-	-	-	-
Long-Term Deferred Tax Assets	54.7	43.2	32.8	18.6	23.7
Long-Term Deferred Charges	0.7	0.3	0.5	0.8	0.3
Other Long-Term Assets	0.5	13.4	16.4	45.4	19.8
Total Assets	614.2	583.8	705.3	691.3	649.8
Accounts Payable	78.7	19.3	33.6	12.9	9.4
Accrued Expenses	-	45.4	59.7	72.9	61.8
Current Portion of Leases	7.6	10.7	7.1	8.4	8.2
Current Income Taxes Payable	6.5	0.8	7.2	3.2	2.1
Current Unearned Revenue	68.7	67.7	76.7	73.5	66.7
Other Current Liabilities	3.8	5.1	6.1	5.8	7
Total Current Liabilities	165.3	149	190.4	176.7	155.2
Long-Term Leases	12.7	10.7	15	21.4	20
Long-Term Unearned Revenue	29.2	33.7	22.7	27.5	19
Long-Term Deferred Tax Liabilities	-	-	-	8	2
Other Long-Term Liabilities	3.5	3.2	2.9	2.9	4.4
Total Liabilities	221.7	208	240.1	243.8	207
Common Stock	24.2	24.6	24.7	27.5	27.9
Additional Paid-In Capital	25.3	25.7	24.4	27.2	27.6
Retained Earnings	303.7	284.3	376.6	350.7	345.7
Comprehensive Income & Other	39.3	41.2	39.5	42.1	41.6
Total Common Equity	392.5	375.8	465.2	447.5	442.8
Shareholders' Equity	392.5	375.8	465.2	447.5	442.8
Total Liabilities & Equity	614.2	583.8	705.3	691.3	649.8
Total Debt	20.3	21.4	22.1	29.8	28.2
Net Cash (Debt)	121.5	86.7	187.5	145	213
Net Cash Growth	40.14%	-53.76%	29.31%	-31.92%	41.81%
Net Cash Per Share	0.21	0.15	0.31	0.24	0.35
Filing Date Shares Outstanding	575.5	571.85	602.34	606.74	608.34
Total Common Shares Outstanding	575.5	571.85	602.34	606.74	608.34
Working Capital	150.6	138.3	223.1	191.9	241.8
Book Value Per Share	0.68	0.66	0.77	0.74	0.73
Tangible Book Value	189	169.2	263.2	239.3	282.9
Tangible Book Value Per Share	0.33	0.30	0.44	0.39	0.47
Land	-	22.8	22.8	23	24
Machinery	-	127	125.2	132	129.7
Order Backlog	312.1	293.7	288.1	269.8	207

Updated Mar 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.