UTStarcom Holdings Corp. (UTSI)

UTStarcom Holdings 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	46.53	49.97	54.52	53.8	34.22	34.97
Short-Term Investments	0.37	-	-	-	2.1	2.1
Cash & Short-Term Investments	46.9	49.97	54.52	53.8	36.32	37.06
Cash Growth	-4.30%	-8.34%	1.34%	48.12%	-2.00%	-35.04%
Accounts Receivable	6.92	8.87	12.01	27.55	49.68	77.83
Other Receivables	-	2.58	2.55	2.81	2.95	1.36
Receivables	6.92	11.45	14.55	30.36	52.64	79.19
Inventory	0.78	0.8	1.27	1.54	6.7	6.14
Prepaid Expenses	4.07	0.95	1.35	1.11	1.34	4.16
Restricted Cash	6.99	7.12	9.86	10.08	12.09	10.01
Other Current Assets	-	0.32	0.26	0.91	0.83	0.52
Total Current Assets	65.66	70.6	81.8	97.79	109.91	137.08
Property, Plant & Equipment	2.56	3.26	3.57	5.34	1.8	3.95
Long-Term Investments	-	-	-	-	-	3.13
Long-Term Deferred Tax Assets	-	0.55	0.84	2.13	4.27	2.77
Other Long-Term Assets	3.54	3.07	3.02	3.02	2.75	4.37
Total Assets	71.76	77.48	89.23	108.28	118.72	151.3
Accounts Payable	7	7.96	12.97	19.03	25.12	30.88
Accrued Expenses	-	3.89	3.79	3.54	4.29	4.99
Current Portion of Leases	1.16	1.18	1.23	1.41	1.22	1.6
Current Income Taxes Payable	8.57	8.51	8.35	8.79	5.93	7.48
Current Unearned Revenue	0.3	0.3	0.2	0.31	0.8	1.48
Other Current Liabilities	4.25	1.55	2.31	2.34	2.68	2.61
Total Current Liabilities	21.29	23.39	28.85	35.43	40.04	49.03
Long-Term Leases	1.07	1.66	1.89	3.5	0.26	1.36
Long-Term Unearned Revenue	1.04	0.03	0.02	0.03	0.03	0.37
Other Long-Term Liabilities	-	1.02	1	0.98	1	1.35
Total Liabilities	23.4	26.1	31.77	39.93	41.32	52.12
Common Stock	48.37	0.12	0.12	0.12	0.12	0.12
Additional Paid-In Capital	-	1,268	1,267	1,267	1,266	1,266
Retained Earnings	-	-1,255	-1,251	-1,246	-1,240	-1,217
Treasury Stock	-	-12.34	-12.34	-12.32	-12.32	-11.95
Comprehensive Income & Other	-	50.91	53.44	59.94	63.66	62.1
Shareholders' Equity	48.37	51.38	57.46	68.35	77.4	99.19
Total Liabilities & Equity	71.76	77.48	89.23	108.28	118.72	151.3
Total Debt	2.23	2.84	3.12	4.91	1.47	2.96
Net Cash (Debt)	44.67	47.12	51.4	48.89	34.85	34.1
Net Cash Growth	-3.97%	-8.31%	5.12%	40.29%	2.19%	-40.22%
Net Cash Per Share	4.89	5.17	5.68	5.43	3.88	3.84
Filing Date Shares Outstanding	9.14	9.11	9.07	9.03	9.05	8.98
Total Common Shares Outstanding	9.14	9.11	9.07	9.03	8.97	8.88
Working Capital	44.38	47.21	52.95	62.37	69.86	88.05
Book Value Per Share	5.29	5.64	6.33	7.57	8.62	11.17
Tangible Book Value	48.37	51.38	57.46	68.35	77.4	99.19
Tangible Book Value Per Share	5.29	5.64	6.33	7.57	8.62	11.17
Machinery	-	19.86	23.06	26.97	28.83	27.6
Leasehold Improvements	-	1.58	1.64	1.8	1.85	1.8

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