KVH Industries, Inc. (KVHI)

KVH Industries 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	48.6	50.57	11.29	21.06	11.38	12.58
Short-Term Investments	-	-	58.48	55.68	13.15	25.14
Cash & Short-Term Investments	48.6	50.57	69.77	76.74	24.52	37.72
Cash Growth	-27.07%	-27.52%	-9.08%	212.91%	-34.98%	-21.86%
Receivables	23.2	21.62	25.67	27.43	29	34.77
Inventory	21.98	22.95	19.05	22.73	15.83	24.67
Prepaid Expenses	16.39	16.02	4.33	3.07	2.64	3.89
Other Current Assets	11.41	11.41	-	-	15.84	-
Total Current Assets	121.58	122.58	118.82	129.96	87.83	101.06
Property, Plant & Equipment	25.95	28.38	48.75	55.29	56	63.17
Goodwill	-	-	-	5.31	6.57	6.59
Other Intangible Assets	0.73	0.83	1.19	0.4	1.29	2.25
Long-Term Accounts Receivable	3.04	3.15	-	-	3.1	2.66
Long-Term Deferred Tax Assets	0.14	0.16	0.26	0.26	0.06	0.07
Other Long-Term Assets	0	0	3.62	5.04	13.95	7.79
Total Assets	151.43	155.08	172.63	196.25	168.79	183.59
Accounts Payable	3.36	4.32	4.78	20.45	9.5	11.4
Accrued Expenses	5.94	8.53	16.13	11.86	13.08	13.75
Current Portion of Long-Term Debt	-	-	-	-	-	4.99
Current Portion of Leases	0.51	0.66	0.79	1.53	1.91	3.83
Current Unearned Revenue	1.81	1.04	1.77	1.37	3.78	4.45
Other Current Liabilities	1.45	1.33	1.5	1.92	5.62	2.37
Total Current Liabilities	13.06	15.87	24.97	37.13	33.88	40.79
Long-Term Debt	-	-	-	-	-	1.94
Long-Term Leases	0.53	0.57	0.29	0.64	1.25	3.2
Long-Term Unearned Revenue	-	-	-	-	4.47	4.69
Long-Term Deferred Tax Liabilities	0.04	0.02	0	0.06	0.22	0.42
Other Long-Term Liabilities	-	-	-	-	0.01	0.67
Total Liabilities	13.62	16.46	25.26	37.82	39.82	51.71
Common Stock	0.21	0.21	0.21	0.21	0.2	0.2
Additional Paid-In Capital	167.62	167.29	165.14	160.48	156.2	149.17
Retained Earnings	-14.46	-12.75	-1.7	13.72	-12.17	-2.4
Treasury Stock	-12.25	-12.09	-12.09	-11.85	-11.85	-11.85
Comprehensive Income & Other	-3.31	-4.03	-4.18	-4.11	-3.41	-3.23
Shareholders' Equity	137.81	138.63	147.37	158.44	128.98	131.88
Total Liabilities & Equity	151.43	155.08	172.63	196.25	168.79	183.59
Total Debt	1.03	1.23	1.08	2.17	3.16	13.96
Net Cash (Debt)	47.57	49.34	68.7	74.57	21.37	23.76
Net Cash Growth	-26.85%	-28.17%	-7.88%	249.02%	-10.09%	-43.37%
Net Cash Per Share	2.45	2.54	3.59	4.00	1.17	1.34
Filing Date Shares Outstanding	19.6	19.76	19.65	19.15	18.88	18.43
Total Common Shares Outstanding	19.73	19.78	19.61	19.2	18.91	18.43
Working Capital	108.52	106.7	93.85	92.84	53.95	60.27
Book Value Per Share	6.98	7.01	7.51	8.25	6.82	7.16
Tangible Book Value	137.08	137.8	146.18	152.73	121.12	123.04
Tangible Book Value Per Share	6.95	6.96	7.45	7.96	6.41	6.68
Land	-	-	2.83	2.83	2.83	3.83
Buildings	-	-	18.84	18.87	18.82	24.2
Machinery	17	16.61	20.23	20.63	19.9	29.42
Leasehold Improvements	0.34	0.34	0.45	0.51	0.47	0.48
Order Backlog	-	-	-	-	-	20.4

Updated May 7, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q