ADTRAN Holdings, Inc. (ADTN)

ADTRAN Holdings 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	111.19	87.17	108.64	56.6	60.16	73.77
Short-Term Investments	-	-	0.34	0.35	3.13	7.64
Cash & Short-Term Investments	111.19	87.17	108.98	56.95	63.29	81.42
Cash Growth	-12.72%	-20.02%	91.36%	-10.02%	-22.26%	-25.13%
Accounts Receivable	186.9	217.14	281.29	159.21	99.59	94.54
Other Receivables	21.07	17.57	18.99	10.76	20.77	12.55
Receivables	207.96	234.7	300.27	169.97	120.36	107.1
Inventory	287.86	362.3	427.53	139.89	125.46	98.31
Prepaid Expenses	58.61	43.47	32.08	8.6	7.19	6.29
Restricted Cash	-	-	-	0.22	0.02	-
Other Current Assets	2.7	9.23	13.49	0.7	1.1	27.2
Total Current Assets	668.32	736.86	882.36	376.33	317.42	320.31
Property, Plant & Equipment	134.58	160.49	141.04	60.69	67.71	76.54
Long-Term Investments	1	0.94	9.77	43.72	56.23	72.79
Goodwill	54.9	353.42	381.72	6.97	6.97	6.97
Other Intangible Assets	290.79	327.99	401.21	19.29	23.47	27.82
Long-Term Accounts Receivable	-	-	-	-	0.35	0.89
Long-Term Deferred Tax Assets	24.93	25.79	67.84	9.08	9.87	7.56
Long-Term Deferred Charges	-	-	-	0.1	-	-
Other Long-Term Assets	116.26	77.03	59.56	52.85	43.67	32.24
Total Assets	1,291	1,683	1,943	569.02	525.68	545.12
Accounts Payable	158.37	162.92	237.7	102.49	49.93	44.87
Accrued Expenses	67.9	50.52	65.32	21.44	19.97	16.7
Short-Term Debt	-	-	60.53	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	-	24.6
Current Portion of Leases	-	7.72	7.6	1.73	1.81	2.68
Current Income Taxes Payable	2.23	5.22	9.03	6.56	1.3	3.51
Current Unearned Revenue	55.11	46.73	41.19	17.74	14.09	11.96
Other Current Liabilities	6.1	6.4	7.2	5.4	7.1	8.39
Total Current Liabilities	289.71	279.51	428.58	155.36	94.19	112.71
Long-Term Debt	190.27	195	60	-	-	-
Long-Term Leases	26.61	31.42	22.81	3.27	3.57	5.82
Long-Term Unearned Revenue	26.58	25.11	19.24	9.27	6.89	6.01
Long-Term Deferred Tax Liabilities	21.08	35.66	61.63	-	-	-
Other Long-Term Liabilities	65.05	57.7	37.01	32.61	29.42	24.27
Total Liabilities	630.81	636.93	639.88	211.92	152.74	164.69
Common Stock	0.79	0.79	0.78	0.8	0.8	0.8
Additional Paid-In Capital	802.74	795.3	895.83	288.95	281.47	274.63
Retained Earnings	-606.38	-243.91	55.34	740.82	781.81	806.7
Treasury Stock	-5.2	-5.83	-4.13	-661.55	-679.49	-685.29
Comprehensive Income & Other	28.27	47.46	26.13	-11.91	-11.64	-16.42
Total Common Equity	220.23	593.82	973.95	357.1	372.94	380.43
Minority Interest	439.74	451.76	329.66	-	-	-
Shareholders' Equity	659.97	1,046	1,304	357.1	372.94	380.43
Total Liabilities & Equity	1,291	1,683	1,943	569.02	525.68	545.12
Total Debt	216.89	234.14	150.94	5	5.38	33.09
Net Cash (Debt)	-104.7	-146.07	-41.15	64.55	68.91	84.12
Net Cash Growth	-	-	-	-6.32%	-18.08%	1.17%
Net Cash Per Share	-1.33	-1.86	-0.66	1.33	1.43	1.76
Filing Date Shares Outstanding	78.97	79.12	78.63	49.12	48.52	48.09
Total Common Shares Outstanding	78.86	78.67	77.89	49.06	48.24	48.02
Working Capital	378.61	457.35	453.78	220.97	223.23	207.6
Book Value Per Share	2.79	7.55	12.50	7.28	7.73	7.92
Tangible Book Value	-125.46	-87.58	191.02	330.84	342.51	345.64
Tangible Book Value Per Share	-1.59	-1.11	2.45	6.74	7.10	7.20
Land	5.22	5.24	5.36	4.58	4.58	4.58
Buildings	137.76	137.45	130.79	103.74	103.31	102.95
Machinery	326.98	306.28	273.64	226.96	223.83	219.17

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