KVH Industries, Inc. (KVHI)

KVH Industries 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	10.36	11.29	21.06	11.38	12.58	18.37
Short-Term Investments	38.9	58.48	55.68	13.15	25.14	29.91
Cash & Short-Term Investments	49.26	69.77	76.74	24.52	37.72	48.27
Cash Growth	-30.59%	-9.08%	212.91%	-34.99%	-21.86%	216.81%
Receivables	27.33	25.67	27.43	29	34.77	34.35
Inventory	22.72	19.05	22.73	15.83	24.67	23.47
Prepaid Expenses	19.19	4.33	3.07	2.64	3.89	3.19
Other Current Assets	-	-	-	15.84	-	-
Total Current Assets	118.49	118.82	129.96	87.83	101.06	109.27
Property, Plant & Equipment	46.18	48.75	55.29	56	63.17	59.87
Goodwill	-	-	5.31	6.57	6.59	15.41
Other Intangible Assets	1.01	1.19	0.4	1.29	2.25	4.94
Long-Term Accounts Receivable	3	3.62	-	3.1	2.66	3.41
Long-Term Deferred Tax Assets	0.22	0.26	0.26	0.06	0.07	0.05
Other Long-Term Assets	0	0	5.04	13.95	7.79	6.44
Total Assets	168.9	172.63	196.25	168.79	183.59	199.39
Accounts Payable	9.62	4.78	20.45	9.5	11.4	15.03
Accrued Expenses	11.59	16.13	11.86	13.08	13.75	13.37
Current Portion of Long-Term Debt	-	-	-	-	4.99	-
Current Portion of Leases	0.96	0.79	1.53	1.91	3.83	2.83
Current Unearned Revenue	1.59	1.77	1.37	3.78	4.45	4.44
Other Current Liabilities	1.35	1.5	1.92	5.62	2.37	2.72
Total Current Liabilities	25.1	24.97	37.13	33.88	40.79	38.39
Long-Term Debt	-	-	-	-	1.94	-
Long-Term Leases	0.42	0.29	0.64	1.25	3.2	3.48
Long-Term Unearned Revenue	-	-	-	4.47	4.69	5.48
Long-Term Deferred Tax Liabilities	0	0	0.06	0.22	0.42	0.76
Other Long-Term Liabilities	-	-	-	0.01	0.67	1.29
Total Liabilities	25.53	25.26	37.82	39.82	51.71	49.4
Common Stock	0.21	0.21	0.21	0.2	0.2	0.19
Additional Paid-In Capital	166.49	165.14	160.48	156.2	149.17	144.49
Retained Earnings	-7.24	-1.7	13.72	-12.17	-2.4	19.54
Treasury Stock	-12.09	-12.09	-11.85	-11.85	-11.85	-11.46
Comprehensive Income & Other	-3.99	-4.19	-4.11	-3.41	-3.23	-2.77
Shareholders' Equity	143.38	147.37	158.44	128.98	131.88	149.99
Total Liabilities & Equity	168.9	172.63	196.25	168.79	183.59	199.39
Total Debt	1.39	1.08	2.17	3.16	13.96	6.31
Net Cash (Debt)	47.88	68.7	74.57	21.37	23.76	41.96
Net Cash Growth	-31.01%	-7.87%	249.02%	-10.09%	-43.37%	-
Net Cash Per Share	2.48	3.59	4.00	1.17	1.34	2.40
Filing Date Shares Outstanding	19.71	19.65	19.15	18.88	18.43	17.97
Total Common Shares Outstanding	19.71	19.61	19.2	18.91	18.43	18
Working Capital	93.39	93.85	92.84	53.95	60.27	70.88
Book Value Per Share	7.27	7.51	8.25	6.82	7.16	8.33
Tangible Book Value	142.36	146.18	152.73	121.12	123.04	129.64
Tangible Book Value Per Share	7.22	7.45	7.96	6.41	6.68	7.20
Land	2.83	2.83	2.83	2.83	3.83	3.83
Buildings	18.84	18.84	18.87	18.82	24.2	24.17
Machinery	17.79	20.23	20.63	19.9	29.42	32.11
Leasehold Improvements	0.44	0.45	0.51	0.47	0.48	0.5
Order Backlog	-	-	-	-	20.4	19.5

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