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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	23.52	30.55	24.54	79.42	40.93	64.77
Short-Term Investments	24.45	7.65	22.59	0.89	79.36	1.42
Cash & Short-Term Investments	47.97	38.2	47.12	80.31	120.29	66.19
Cash Growth	50.26%	-18.94%	-41.33%	-33.23%	81.74%	17.96%
Accounts Receivable	58.08	51.13	56.42	48.96	34.52	27.5
Other Receivables	12.09	8.84	9.18	7.75	6.48	5.17
Receivables	70.17	59.96	65.6	56.71	41	32.67
Inventory	33.68	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	151.81	142.66	149.93	167.55	203.64	132.59
Property, Plant & Equipment	58.44	47.61	17.48	20.85	30.02	34.08
Long-Term Investments	40.43	68.46	77.19	89.4	54.99	0.09
Goodwill	-	37.56	37.56	37.56	36.22	36.22
Other Intangible Assets	38.18	1.02	1.57	2.37	0.57	0.9
Long-Term Accounts Receivable	15.86	16.8	13.1	-	-	-
Long-Term Deferred Tax Assets	4.58	6.21	9.07	8.91	12.08	20.47
Other Long-Term Assets	17.13	17.2	17.93	22.72	20.6	19.97
Total Assets	326.43	337.52	323.83	349.36	358.12	244.32
Accounts Payable	5.48	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	5.86	7.88	8.17	8.14	9.18	8.58
Current Unearned Revenue	39.39	38.82	36.63	41.59	37.18	33.54
Other Current Liabilities	24.07	2.62	8	3.78	14.66	12.64
Total Current Liabilities	74.79	84.2	94.46	95.94	94.76	86.66
Long-Term Debt	-	-	-	-	-	1.2
Long-Term Leases	30.74	31.4	5.55	11.39	19.44	23.1
Long-Term Unearned Revenue	18.11	16.91	15.95	13.64	12.24	9.83
Other Long-Term Liabilities	15.89	16.89	18.11	22.9	21.83	31.06
Total Liabilities	139.54	149.41	134.07	143.87	148.27	151.85
Common Stock	186.89	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
Comprehensive Income & Other	-	-3.91	-10.95	-0.22	1.77	-
Shareholders' Equity	186.89	188.11	189.76	205.5	209.86	92.47
Total Liabilities & Equity	326.43	337.52	323.83	349.36	358.12	244.32
Total Debt	36.6	39.28	13.72	19.53	29.81	35.35
Net Cash (Debt)	48.68	64.65	109.35	150.09	145.37	30.84
Net Cash Growth	-23.02%	-40.88%	-27.14%	3.25%	371.37%	-38.24%
Net Cash Per Share	1.58	2.05	3.36	4.43	4.42	1.00
Filing Date Shares Outstanding	30.22	30.32	31.8	31.9	32.77	29.73
Total Common Shares Outstanding	30.22	30.51	31.69	32.5	33.02	29.57
Working Capital	77.02	58.46	55.47	71.61	108.88	45.93
Book Value Per Share	6.18	6.17	5.99	6.32	6.36	3.13
Tangible Book Value	148.71	149.53	150.63	165.57	173.06	55.35
Tangible Book Value Per Share	4.92	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.