CTS Corporation (CTS)

CTS Corporation Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	99.44	94.33	163.88	156.91	141.47	91.77
Trading Asset Securities	0.66	0.79	1.12	1.56	-	-
Cash & Short-Term Investments	100.1	95.13	165	158.47	141.47	91.77
Cash Growth	-38.37%	-42.35%	4.12%	12.02%	54.15%	-8.52%
Receivables	88.17	85.77	82.07	93.5	86.69	85.88
Inventory	57.1	53.58	60.03	62.26	49.51	45.87
Other Current Assets	16.38	9.81	12.25	11.53	11.43	9.71
Total Current Assets	261.75	244.28	319.35	325.76	289.09	233.23
Property, Plant & Equipment	115.24	117.3	119.02	120	118.47	120.72
Long-Term Investments	10.34	12.09	14.1	1.43	-	-
Goodwill	207.55	199.89	157.64	152.36	109.8	109.5
Other Intangible Assets	161.79	163.88	103.96	108.05	69.89	79.12
Long-Term Deferred Tax Assets	26.71	27.59	25.18	23.46	25.42	24.25
Other Long-Term Assets	1.36	1.09	1.93	17.42	51.8	59.23
Total Assets	784.73	766.11	741.17	748.49	664.46	626.05
Accounts Payable	47.27	42.63	43.5	53.21	55.54	50.49
Accrued Expenses	39.37	41.14	38.1	41.29	43.4	38.05
Current Portion of Long-Term Debt	1.09	-	0.75	0.36	0.44	0.67
Current Portion of Leases	4.56	4.72	4.39	3.94	3.39	3.29
Current Income Taxes Payable	5.42	5.42	6.9	9.63	6.76	7.32
Other Current Liabilities	2.76	3.65	3.4	4.11	4.54	5.11
Total Current Liabilities	100.47	97.55	97.04	112.53	114.07	104.93
Long-Term Debt	88	91.25	67.5	83.67	50.35	56.15
Long-Term Leases	20	21.12	24.97	21.75	21.35	23.16
Long-Term Deferred Tax Liabilities	14.23	12.74	14.73	16.01	5.89	7.01
Other Long-Term Liabilities	8	8.66	5.46	3.25	2.33	3.65
Total Liabilities	234.57	235.26	214.35	242.26	200.88	202.37
Common Stock	324.68	321.98	319.27	316.8	314.62	311.19
Additional Paid-In Capital	41.24	44.66	45.1	46.14	42.55	41.65
Retained Earnings	682.36	655.49	602.23	546.7	492.24	539.28
Treasury Stock	-510.14	-487.02	-444.04	-402.76	-381.31	-372.52
Comprehensive Income & Other	12.02	-4.27	4.26	-0.67	-4.53	-95.92
Shareholders' Equity	550.16	530.85	526.82	506.22	463.58	423.68
Total Liabilities & Equity	784.73	766.11	741.17	748.49	664.46	626.05
Total Debt	113.65	117.09	97.61	109.72	75.54	83.27
Net Cash (Debt)	-3.38	-10.59	80.78	48.75	65.93	8.5
Net Cash Growth	-	-	65.70%	-26.05%	675.72%	-
Net Cash Per Share	-0.11	-0.34	2.56	1.51	2.04	0.26
Filing Date Shares Outstanding	29.48	30.04	30.79	31.67	32.15	32.35
Total Common Shares Outstanding	29.55	30.03	30.82	31.68	32.18	32.28
Working Capital	161.28	146.72	222.31	213.23	175.02	128.3
Book Value Per Share	18.62	17.68	17.09	15.98	14.41	13.13
Tangible Book Value	180.83	167.08	265.23	245.81	283.89	235.06
Tangible Book Value Per Share	6.12	5.56	8.60	7.76	8.82	7.28
Land	0.4	0.4	0.54	1.1	1.1	1.1
Buildings	73.42	73.01	74.19	71.94	69.61	69.36
Machinery	272.28	265.95	261.44	258.16	247.71	233.74

Updated Jul 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q