adidas AG (ADDDF)

adidas AG Balance Sheet

Financials in millions EUR. 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	1,781	1,431	798	3,828	3,994	2,220
Short-Term Investments	-	48	78	71	55	-
Trading Asset Securities	-	-	-	-	-	292
Cash & Short-Term Investments	1,781	1,479	876	3,899	4,049	2,512
Cash Growth	80.63%	68.84%	-77.53%	-3.70%	61.19%	-4.67%
Accounts Receivable	2,951	1,916	2,544	2,190	1,968	2,642
Other Receivables	137	851	989	775	727	634
Receivables	3,088	2,767	3,533	2,977	2,701	3,310
Inventory	4,524	4,525	5,973	4,009	4,397	4,085
Prepaid Expenses	-	435	296	270	204	290
Other Current Assets	1,749	603	1,054	2,789	803	737
Total Current Assets	11,142	9,809	11,732	13,944	12,154	10,934
Property, Plant & Equipment	4,748	4,404	4,944	4,825	4,587	5,311
Long-Term Investments	336	301	301	290	353	366
Goodwill	1,230	1,238	1,260	1,228	1,208	1,257
Other Intangible Assets	414	442	429	352	1,002	1,164
Long-Term Deferred Tax Assets	1,248	1,358	1,216	1,263	1,233	1,093
Other Long-Term Assets	487	468	414	235	350	407
Total Assets	19,605	18,020	20,296	22,137	21,053	20,680
Accounts Payable	2,589	2,276	2,908	2,294	2,390	2,703
Accrued Expenses	-	2,991	2,745	3,007	2,446	2,805
Current Portion of Long-Term Debt	126	549	527	29	686	43
Current Portion of Leases	584	545	643	573	563	733
Current Income Taxes Payable	390	323	302	536	562	618
Current Unearned Revenue	-	109	80	86	75	63
Other Current Liabilities	4,780	1,250	2,052	2,440	2,105	1,789
Total Current Liabilities	8,469	8,043	9,257	8,965	8,827	8,754
Long-Term Debt	2,418	2,430	2,946	2,466	2,482	1,595
Long-Term Leases	2,456	2,039	2,343	2,263	2,159	2,399
Long-Term Unearned Revenue	-	4	6	7	5	5
Long-Term Deferred Tax Liabilities	142	147	135	122	241	280
Other Long-Term Liabilities	451	293	140	210	364	361
Total Liabilities	14,062	13,095	14,945	14,300	14,362	13,623
Common Stock	179	179	179	192	195	196
Retained Earnings	4,815	4,145	4,347	6,860	6,733	6,555
Comprehensive Income & Other	167	256	465	467	-474	45
Total Common Equity	5,161	4,580	4,991	7,519	6,454	6,796
Minority Interest	382	345	360	318	237	261
Shareholders' Equity	5,543	4,925	5,351	7,837	6,691	7,057
Total Liabilities & Equity	19,605	18,020	20,296	22,137	21,053	20,680
Total Debt	5,584	5,563	6,459	5,331	5,890	4,770
Net Cash (Debt)	-3,803	-4,084	-5,583	-1,432	-1,841	-2,258
Net Cash Per Share	-21.33	-22.87	-30.46	-7.37	-9.43	-11.43
Filing Date Shares Outstanding	178.63	178.55	178.54	191.59	195.07	195.97
Total Common Shares Outstanding	178.63	178.55	178.54	191.59	195.07	195.97
Working Capital	2,673	1,766	2,475	4,979	3,327	2,180
Book Value Per Share	28.89	25.65	27.95	39.24	33.09	34.68
Tangible Book Value	3,517	2,900	3,302	5,939	4,244	4,375
Tangible Book Value Per Share	19.69	16.24	18.49	31.00	21.76	22.32
Land	-	2,300	2,291	2,093	1,852	1,842
Machinery	-	2,408	2,386	2,267	2,216	2,342
Construction In Progress	-	156	230	212	258	221

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