CTS Corporation (CTS)

CTS Corporation 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	94.88	163.88	156.91	141.47	91.77	100.24
Trading Asset Securities	0.67	1.12	1.56	-	-	0.08
Cash & Short-Term Investments	95.54	165	158.47	141.47	91.77	100.32
Cash Growth	-40.89%	4.12%	12.02%	54.15%	-8.52%	-1.17%
Receivables	89.02	82.07	93.5	86.69	85.88	85.7
Inventory	57.29	60.03	62.26	49.51	45.87	42.24
Other Current Assets	13.71	12.25	11.53	11.43	9.71	9.22
Total Current Assets	255.56	319.35	325.76	289.09	233.23	237.48
Property, Plant & Equipment	117.15	119.02	120	118.47	120.72	129.68
Long-Term Investments	0.33	0.71	1.43	-	-	-
Goodwill	194.82	157.64	152.36	109.8	109.5	106.06
Other Intangible Assets	180.87	103.96	108.05	69.89	79.12	85.22
Long-Term Deferred Tax Assets	26.84	25.18	23.46	25.42	24.25	19.8
Other Long-Term Assets	13.81	15.32	17.42	51.8	59.23	65.13
Total Assets	789.39	741.17	748.49	664.46	626.05	643.35
Accounts Payable	44.95	43.5	53.21	55.54	50.49	48.22
Accrued Expenses	39.63	38.1	41.29	43.4	38.05	32.35
Current Portion of Long-Term Debt	2.82	0.75	0.36	0.44	0.67	-
Current Portion of Leases	4.59	4.39	3.94	3.39	3.29	2.79
Current Income Taxes Payable	5.74	6.9	9.63	6.76	7.32	7.9
Other Current Liabilities	6.07	3.4	4.11	4.54	5.11	5.69
Total Current Liabilities	103.8	97.04	112.53	114.07	104.93	96.95
Long-Term Debt	102.7	67.5	83.67	50.35	56.15	99.78
Long-Term Leases	22.02	24.97	21.75	21.35	23.16	24.93
Long-Term Deferred Tax Liabilities	13.78	14.73	16.01	5.89	7.01	5.64
Other Long-Term Liabilities	11.73	5.46	3.25	2.33	3.65	4.21
Total Liabilities	258.59	214.35	242.26	200.88	202.37	238.14
Common Stock	321.92	319.27	316.8	314.62	311.19	307.93
Additional Paid-In Capital	42.91	45.1	46.14	42.55	41.65	43.69
Retained Earnings	643.09	602.23	546.7	492.24	539.28	509.77
Treasury Stock	-479.13	-444.04	-402.76	-381.31	-372.52	-364.44
Comprehensive Income & Other	2.02	4.26	-0.67	-4.53	-95.92	-91.73
Shareholders' Equity	530.81	526.82	506.22	463.58	423.68	405.22
Total Liabilities & Equity	789.39	741.17	748.49	664.46	626.05	643.35
Total Debt	132.13	97.61	109.72	75.54	83.27	127.49
Net Cash (Debt)	-36.58	67.39	48.75	65.93	8.5	-27.17
Net Cash Growth	-	38.23%	-26.05%	675.71%	-	-
Net Cash Per Share	-1.18	2.13	1.51	2.04	0.26	-0.82
Filing Date Shares Outstanding	30.12	30.79	31.67	32.15	32.35	32.43
Total Common Shares Outstanding	30.18	30.82	31.68	32.18	32.28	32.47
Working Capital	151.76	222.31	213.23	175.02	128.3	140.53
Book Value Per Share	17.59	17.09	15.98	14.41	13.13	12.48
Tangible Book Value	155.11	265.23	245.81	283.89	235.06	213.95
Tangible Book Value Per Share	5.14	8.60	7.76	8.82	7.28	6.59
Land	0.4	0.54	1.1	1.1	1.1	1.1
Buildings	72.71	74.19	71.94	69.61	69.36	68.35
Machinery	263.7	261.44	258.16	247.71	233.74	224.31

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