Gilat Satellite Networks Ltd. (GILT)

Gilat Satellite Networks 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	109.55	103.96	86.59	81.86	88.75	74.78
Short-Term Investments	-	-	-	2.16	-	-
Cash & Short-Term Investments	109.55	103.96	86.59	84.02	88.75	74.78
Cash Growth	10.07%	20.06%	3.06%	-5.34%	18.69%	10.98%
Accounts Receivable	83.52	73.05	75.62	65.17	75.06	71.43
Receivables	83.52	73.05	75.62	65.17	75.06	71.43
Inventory	39.89	38.53	33.02	28.43	31.3	27.2
Prepaid Expenses	-	6.23	6.4	5.86	5.65	6.06
Restricted Cash	1.19	0.74	0.54	2.59	27.16	27.07
Other Current Assets	23.3	18.07	12.88	13.34	10.98	16.95
Total Current Assets	257.46	240.57	215.05	199.41	238.91	223.48
Property, Plant & Equipment	75.03	79.42	80.47	76.87	82.05	87.8
Goodwill	54.74	54.74	43.47	43.47	43.47	43.47
Other Intangible Assets	13.46	16.05	0.31	0.64	1.08	1.52
Long-Term Accounts Receivable	8.59	9.28	11.15	12.54	12.88	-
Long-Term Deferred Tax Assets	9.95	11.48	18.27	17.55	19.3	18.46
Other Long-Term Assets	13.95	15.34	16.7	17.26	14.5	17.11
Total Assets	433.18	426.89	385.41	367.74	412.19	391.84
Accounts Payable	19.13	13.87	20.67	19.78	20.49	20.73
Accrued Expenses	53.48	68.22	71.9	61.78	61.03	65.07
Short-Term Debt	2.73	7.45	-	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	4	4.1
Current Portion of Leases	2.43	2.43	1.94	1.82	1.91	1.98
Current Unearned Revenue	22.67	34.5	30.53	24.99	26.27	27.22
Other Current Liabilities	18.09	0.11	0.75	0.15	35.11	1.87
Total Current Liabilities	118.53	126.58	125.79	108.51	148.81	120.96
Long-Term Debt	2	2	-	-	-	4
Long-Term Leases	2.12	3.02	1.89	2.28	2.99	3.26
Long-Term Unearned Revenue	0.76	1.14	1.04	1.21	2.76	2.87
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.03
Other Long-Term Liabilities	18.3	19.45	12.57	7.41	7.25	7.14
Total Liabilities	141.71	152.2	141.29	119.41	161.8	138.25
Common Stock	2.73	2.73	2.71	2.71	2.65	2.64
Additional Paid-In Capital	941.9	937.59	932.09	929.87	928.63	927.35
Retained Earnings	-647.24	-660.32	-683.83	-677.9	-674.86	-671.36
Comprehensive Income & Other	-5.93	-5.32	-6.85	-6.36	-6.02	-5.05
Shareholders' Equity	291.48	274.69	244.13	248.32	250.39	253.59
Total Liabilities & Equity	433.18	426.89	385.41	367.74	412.19	391.84
Total Debt	9.28	14.9	3.83	4.1	8.9	13.33
Net Cash (Debt)	100.27	89.06	82.76	79.92	79.86	61.45
Net Cash Growth	4.45%	7.61%	3.56%	0.07%	29.96%	12.08%
Net Cash Per Share	1.76	1.57	1.46	1.42	1.44	1.10
Filing Date Shares Outstanding	57.02	57.02	56.61	56.59	56.43	55.49
Total Common Shares Outstanding	57.02	57.02	56.61	56.54	55.56	55.49
Working Capital	138.93	113.99	89.27	90.9	90.1	102.53
Book Value Per Share	5.11	4.82	4.31	4.39	4.51	4.57
Tangible Book Value	223.27	203.9	200.35	204.22	205.84	208.6
Tangible Book Value Per Share	3.92	3.58	3.54	3.61	3.70	3.76
Buildings	-	83.78	83.44	82.9	91.91	91.82
Machinery	-	68.67	63.22	53.63	58.39	55.65
Leasehold Improvements	-	2.78	2.53	2.41	4.01	3.67

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