EPAM Systems, Inc. (EPAM)

EPAM Systems Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,286	2,036	1,681	1,447	1,322
Short-Term Investments	1.69	60.74	60.34	-	60.01
Cash & Short-Term Investments	1,288	2,097	1,742	1,447	1,382
Cash Growth	-38.58%	20.40%	20.40%	4.66%	47.58%
Accounts Receivable	1,002	897.03	932.63	768.93	501.06
Other Receivables	23.1	-	-	-	-
Receivables	1,025	897.03	932.63	768.93	501.06
Prepaid Expenses	112.18	81.65	72.7	52	24.51
Restricted Cash	0.84	5.29	0.43	0.5	0.11
Other Current Assets	-	10.42	12.19	1.43	4.96
Total Current Assets	2,426	3,091	2,760	2,269	1,913
Property, Plant & Equipment	335.91	369.95	422.13	421.06	398.21
Long-Term Investments	38.5	31.7	28.4	27.5	25
Goodwill	1,182	562.46	529.07	530.72	211.96
Other Intangible Assets	436.42	71.12	77.65	101.14	51.98
Long-Term Deferred Tax Assets	269.8	197.9	172.8	143.93	92.45
Other Long-Term Assets	62.02	27.88	19.48	29.4	28.96
Total Assets	4,750	4,352	4,009	3,523	2,721
Accounts Payable	44.7	31.99	30.85	24.85	10.19
Accrued Expenses	528.69	452.6	523.3	552.92	329.23
Short-Term Debt	-	-	2.86	16.02	-
Current Portion of Leases	39.63	36.56	40.35	50.1	60.76
Current Income Taxes Payable	50.4	38.81	46.07	27.44	20.6
Current Unearned Revenue	59.32	27.99	36.04	39.81	17.38
Other Current Liabilities	98.3	56.98	68.01	52.28	27.79
Total Current Liabilities	821.04	644.93	747.48	763.42	465.95
Long-Term Debt	25.19	26.13	27.69	30.23	25.04
Long-Term Leases	98.43	109.26	122.32	142.8	180.6
Long-Term Unearned Revenue	0.74	0.95	0.04	0.08	0.09
Long-Term Deferred Tax Liabilities	92.36	8.74	12.8	18.3	3.3
Other Long-Term Liabilities	54.09	75.97	86.01	69.06	57.93
Total Liabilities	1,119	880.9	1,006	1,027	738.31
Common Stock	0.06	0.06	0.06	0.06	0.06
Additional Paid-In Capital	1,190	1,009	847.97	711.91	660.77
Retained Earnings	2,556	2,501	2,249	1,830	1,348
Treasury Stock	-	-	-0.12	-0.18	-0.18
Comprehensive Income & Other	-116.86	-39.04	-95.32	-54.21	-25.51
Total Common Equity	3,629	3,471	3,002	2,487	1,983
Minority Interest	1.94	0.58	1.48	8.72	-
Shareholders' Equity	3,631	3,471	3,003	2,496	1,983
Total Liabilities & Equity	4,750	4,352	4,009	3,523	2,721
Total Debt	163.25	171.95	193.22	239.16	266.4
Net Cash (Debt)	1,125	1,925	1,548	1,207	1,116
Net Cash Growth	-41.57%	24.32%	28.24%	8.22%	65.76%
Net Cash Per Share	19.40	32.58	26.17	20.44	19.09
Filing Date Shares Outstanding	56.89	57.83	57.68	56.88	56.18
Total Common Shares Outstanding	56.87	57.79	57.66	56.85	56.11
Working Capital	1,605	2,446	2,012	1,506	1,447
Book Value Per Share	63.82	60.06	52.06	43.75	35.34
Tangible Book Value	2,011	2,837	2,395	1,855	1,719
Tangible Book Value Per Share	35.37	49.10	41.54	32.63	30.64
Land	1.34	1.34	1.34	1.34	1.34
Buildings	55.06	54.9	54.63	55.39	52.01
Machinery	186.55	196.89	198.48	222.39	170.16
Construction In Progress	52.26	51.48	51.5	50.13	-
Leasehold Improvements	39.28	37.19	32.95	37.83	39.68

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