Align Technology, Inc. (ALGN)

Align Technology 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	1,042	937.44	942.05	1,099	960.84	550.43
Short-Term Investments	-	35.3	57.53	71.97	-	318.2
Cash & Short-Term Investments	1,042	972.74	999.58	1,171	960.84	868.63
Cash Growth	-18.84%	-2.69%	-14.66%	21.91%	10.62%	18.12%
Accounts Receivable	1,011	903.42	859.69	897.2	657.7	550.29
Other Receivables	148.9	143.73	140.48	93.61	-	41.25
Receivables	1,160	1,047	1,000	990.81	663.11	616.55
Inventory	254.12	296.9	338.75	230.23	139.24	112.05
Prepaid Expenses	72.99	52.49	69.12	70.22	30.07	4.65
Other Current Assets	68.84	77.34	16.76	31.48	56.28	31.55
Total Current Assets	2,597	2,447	2,424	2,494	1,850	1,633
Property, Plant & Equipment	1,412	1,409	1,351	1,203	817.27	687.97
Long-Term Investments	-	8.02	41.98	125.32	-	5.9
Goodwill	471.51	419.53	407.55	418.55	444.82	63.92
Other Intangible Assets	115.91	82.12	95.72	109.71	130.07	11.77
Long-Term Deferred Tax Assets	1,570	1,590	1,572	1,534	1,553	64.01
Long-Term Deferred Charges	-	25.1	27.4	31.1	22.8	15.1
Other Long-Term Assets	199.71	103.58	28.43	26.41	12.35	11.28
Total Assets	6,366	6,084	5,948	5,942	4,830	2,501
Accounts Payable	109.04	113.13	127.87	163.89	142.13	87.25
Accrued Expenses	495.4	434.41	333.56	488.03	313.41	269.72
Current Portion of Leases	31.17	29.65	26.57	22.72	21.74	15.74
Current Income Taxes Payable	36.86	38.1	74.32	33.84	30.13	14.13
Current Unearned Revenue	1,380	1,428	1,344	1,153	777.89	563.76
Other Current Liabilities	11.13	23.62	19.92	62.73	40.31	20.37
Total Current Liabilities	2,064	2,067	1,926	1,924	1,326	970.97
Long-Term Leases	96.44	96.97	100.33	102.66	64.45	43.46
Long-Term Unearned Revenue	108.68	138	160.66	136.68	62.55	35.5
Other Long-Term Liabilities	152.9	151.81	159.71	155.99	143.22	104.6
Total Liabilities	2,422	2,453	2,347	2,319	1,596	1,155
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	1,336	1,162	1,045	999.01	974.56	906.94
Retained Earnings	2,573	2,447	2,567	2,619	2,216	439.91
Comprehensive Income & Other	35.91	21.17	-10.28	4.33	43.5	-0.69
Shareholders' Equity	3,944	3,630	3,601	3,623	3,234	1,346
Total Liabilities & Equity	6,366	6,084	5,948	5,942	4,830	2,501
Total Debt	127.6	126.62	126.91	125.38	86.18	59.2
Net Cash (Debt)	914.33	854.15	914.65	1,171	874.66	809.43
Net Cash Growth	-22.19%	-6.62%	-21.91%	33.91%	8.06%	8.73%
Net Cash Per Share	12.14	11.16	11.66	14.70	11.04	10.11
Filing Date Shares Outstanding	74.65	75.1	76.61	78.8	79.13	78.75
Total Common Shares Outstanding	74.76	75.08	77.27	78.71	78.86	78.43
Working Capital	533.77	380.01	498.5	570	523.94	662.45
Book Value Per Share	52.76	48.36	46.61	46.03	41.01	17.16
Tangible Book Value	3,357	3,129	3,098	3,094	2,659	1,270
Tangible Book Value Per Share	44.90	41.68	40.10	39.31	33.72	16.20
Land	-	63.88	58.89	58.87	34.6	26.42
Buildings	-	517.55	466	310.34	244.17	209.64
Machinery	-	826.63	686.71	524.85	422.11	393.38
Construction In Progress	-	245.72	285.2	367.69	163.49	116.75
Leasehold Improvements	-	62.22	64.24	61.29	63.54	53.33

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