Constellation Software Inc. (TSX: CSU)

Constellation Software Balance Sheet

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,078	1,284	811	763	758	316
Trading Asset Securities	11	14	115	39	9	10
Cash & Short-Term Investments	2,089	1,298	926	802	767	326
Cash Growth	106.83%	40.17%	15.46%	4.56%	135.28%	-44.65%
Accounts Receivable	1,565	1,472	1,111	740	581	532
Other Receivables	262	242	159	102	94	78
Total Receivables	1,827	1,714	1,270	842	675	610
Inventory	59	51	48	35	27	31
Prepaid Expenses	295	282	223	155	116	96
Other Current Assets	-	-	-	1	-	-1
Total Current Assets	4,270	3,345	2,467	1,835	1,585	1,062
Gross Property, Plant & Equipment	-	924	792	641	562	450
Accumulated Depreciation	-	-479	-388	-307	-228	-143
Net Property, Plant & Equipment	453	445	404	334	334	307
Long-Term Investments	7	10	3	2	2	2
Goodwill	1,286	1,271	792	610	431	361
Other Intangible Assets	5,448	5,445	3,877	2,822	1,897	1,641
Long-Term Accounts Receivable	212	192	98	39	21	20
Long-Term Deferred Tax Assets	157	107	159	66	52	45
Long-Term Deferred Charges	75	71	55	46	40	37
Other Long-Term Assets	13	13	17	12	13	13
Total Assets	11,921	10,899	7,872	5,766	4,375	3,488
Accounts Payable	1,298	1,432	1,083	832	666	529
Short-Term Debt	278	746	-	-	-	63
Current Portion of Long-Term Debt	346	340	821	203	141	57
Current Portion of Leases	113	112	96	79	74	62
Current Income Taxes Payable	135	90	99	56	78	36
Current Unearned Revenue	2,267	1,757	1,482	1,158	962	788
Other Current Liabilities	203	1,018	191	133	119	197
Total Current Liabilities	4,640	5,495	3,772	2,461	2,040	1,732
Long-Term Debt	3,302	2,248	1,153	915	620	375
Long-Term Leases	235	236	218	190	201	187
Long-Term Unearned Revenue	86	88	100	52	44	41
Long-Term Deferred Tax Liabilities	633	625	465	436	285	246
Other Long-Term Liabilities	274	246	231	192	137	220
Total Liabilities	9,170	8,938	5,939	4,246	3,327	2,801
Common Stock	99	99	99	99	99	99
Retained Earnings	2,358	1,876	1,763	1,206	980	628
Comprensive Income & Other	-145	-99	-150	-245	-31	-40
Total Common Equity	2,312	1,876	1,712	1,060	1,048	687
Minority Interest	439	85	221	460	-	-
Shareholders' Equity	2,751	1,961	1,933	1,520	1,048	687
Total Liabilities & Equity	11,921	10,899	7,872	5,766	4,375	3,488
Total Debt	4,274	3,682	2,288	1,387	1,036	744
Net Cash (Debt)	-2,185	-2,384	-1,362	-585	-269	-418
Net Cash Per Share	-103.11	-112.50	-64.27	-27.61	-12.69	-19.72
Filing Date Shares Outstanding	21.19	21.19	21.19	21.19	21.19	21.19
Total Common Shares Outstanding	21.19	21.19	21.19	21.19	21.19	21.19
Working Capital	-370	-2,150	-1,305	-626	-455	-670
Book Value Per Share	109.10	88.53	80.79	50.02	49.45	32.42
Tangible Book Value	-4,422	-4,840	-2,957	-2,372	-1,280	-1,315
Tangible Book Value Per Share	-208.67	-228.39	-139.54	-111.93	-60.40	-62.05
Buildings	-	8	7	7	8	6
Machinery	-	261	217	168	143	115

Source: S&P Capital IQ. Standard template.