AudioCodes Ltd. (TLV: AUDC)

AudioCodes 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	20.85	30.55	24.54	79.42	40.93	64.77
Short-Term Investments	21.32	7.65	22.59	0.89	79.36	1.42
Cash & Short-Term Investments	42.17	38.2	47.12	80.31	120.29	66.19
Cash Growth	-6.65%	-18.94%	-41.33%	-33.23%	81.74%	17.96%
Accounts Receivable	55.01	51.13	56.42	48.96	34.52	27.5
Other Receivables	9.15	8.84	9.18	7.75	6.48	5.17
Receivables	64.16	59.96	65.6	56.71	41	32.67
Inventory	37.89	43.96	36.38	23.99	29.19	28.28
Restricted Cash	-	-	-	5.1	5.1	5
Other Current Assets	-	0.54	0.83	1.45	8.06	0.46
Total Current Assets	144.22	142.66	149.93	167.55	203.64	132.59
Property, Plant & Equipment	56.11	47.61	17.48	20.85	30.02	34.08
Long-Term Investments	51.5	68.46	77.19	89.4	54.99	0.09
Goodwill	-	37.56	37.56	37.56	36.22	36.22
Other Intangible Assets	38.32	1.02	1.57	2.37	0.57	0.9
Long-Term Accounts Receivable	16.68	16.8	13.1	-	-	-
Long-Term Deferred Tax Assets	5.97	6.21	9.07	8.91	12.08	20.47
Other Long-Term Assets	16.98	17.2	17.93	22.72	20.6	19.97
Total Assets	329.76	337.52	323.83	349.36	358.12	244.32
Accounts Payable	5.1	7.56	11.34	7.86	6.98	6.63
Accrued Expenses	-	27.33	30.32	34.57	25.56	22.8
Current Portion of Long-Term Debt	-	-	-	-	1.2	2.47
Current Portion of Leases	5.93	7.88	8.17	8.14	9.18	8.58
Current Unearned Revenue	39.99	38.82	36.63	41.59	37.18	33.54
Other Current Liabilities	26.37	2.62	8	3.78	14.66	12.64
Total Current Liabilities	77.39	84.2	94.46	95.94	94.76	86.66
Long-Term Debt	-	-	-	-	-	1.2
Long-Term Leases	31.02	31.4	5.55	11.39	19.44	23.1
Long-Term Unearned Revenue	17.28	16.91	15.95	13.64	12.24	9.83
Other Long-Term Liabilities	15.96	16.89	18.11	22.9	21.83	31.06
Total Liabilities	141.65	149.41	134.07	143.87	148.27	151.85
Common Stock	188.12	0.11	0.11	0.11	0.11	0.09
Additional Paid-In Capital	-	407.12	394.94	378.77	362.16	265.37
Retained Earnings	-	20.79	23.41	6.49	-16.39	-35.2
Treasury Stock	-	-236	-217.74	-179.65	-137.79	-137.79
Comprensive Income & Other	-	-3.91	-10.95	-0.22	1.77	-
Shareholders' Equity	188.12	188.11	189.76	205.5	209.86	92.47
Total Liabilities & Equity	329.76	337.52	323.83	349.36	358.12	244.32
Total Debt	36.96	39.28	13.72	19.53	29.81	35.35
Net Cash (Debt)	54.16	64.65	109.35	150.09	145.37	30.84
Net Cash Growth	-48.00%	-40.88%	-27.14%	3.25%	371.37%	-38.24%
Net Cash Per Share	1.77	2.05	3.36	4.43	4.42	1.00
Filing Date Shares Outstanding	30.34	30.32	31.8	31.9	32.77	29.73
Total Common Shares Outstanding	30.34	30.51	31.69	32.5	33.02	29.57
Working Capital	66.83	58.46	55.47	71.61	108.88	45.93
Book Value Per Share	6.20	6.17	5.99	6.32	6.36	3.13
Tangible Book Value	149.8	149.53	150.63	165.57	173.06	55.35
Tangible Book Value Per Share	4.94	4.90	4.75	5.09	5.24	1.87
Machinery	-	22.67	38.7	37.14	35.62	33.56
Leasehold Improvements	-	8.75	3.38	3.18	3.21	3.16

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