Avid Tech Balance Sheet - Quarterly (NASDAQ:AVID)

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$4.38 $0.16 (3.79%) AVID stock closing price Aug 21, 2017 (Closing)

The Avid Tech balance sheet is a snapshot of the company's financial health at a given point of time, whereas the other two financial statements are for a particular accounting period. As in our Avid Tech stock analysis, analyzing a company also involves looking at the company's assets and liabilities as given in its balance sheet, which can be used to measure financial performance. Quarterly results announcements include the release of all three financial statements, of which the balance sheet is one. Avid Tech revenue was $102.37M and Avid Tech operating cash flow was $6.07M for 2017-Q2. The balance sheet shows total liabilities of $499.49M and shareholders equity of $-274.76M. View Avid Tech quarterly results to get the balance sheet details for the latest & last 40 quarters data..

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Fiscal year is Jan - Dec.2017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q32015 Q22015 Q1
Cash47.43M47.01M44.94M47.71M50.36M87.83M17.9M21.98M34.64M25.49M
Marketable Securities----------
Receivables34.43M43.62M43.52M40.85M44.76M43.73M58.8M56.99M54.92M51.76M
Inventory41.22M49.12M50.7M55.63M53.9M51.65M48.07M48.78M43.87M39.72M
Raw Materials9.56M11.28M10.48M10.37M10.17M10.44M9.59M10.17M10.61M9.79M
Work In Progress0.34M0.36M0.29M0.25M0.24M0.28M0.25M1.3M1.26M0.22M
Finished Goods31.32M37.47M39.92M45.01M43.48M40.92M38.22M37.31M31.99M29.69M
Notes Receivable----------
Other Current Assets14.98M17.74M11.83M14M16.39M16.5M12.66M21.71M24.4M26.86M
Avid Tech Total Current Assets
138.06M157.5M151M158.2M165.43M199.71M137.44M149.47M157.85M143.84M
Property Plant & Equipment--174.84M---168.1M---
Accumulated Depreciation--144.7M---132.62M---
Avid Tech Net Property Plant & Equipment
23.98M28.41M30.14M32.96M35.67M36.66M35.48M34.77M33.32M31.24M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges1.32M1.26M1.24M2.02M2.02M2.07M2.01M2.04M4.44M1.71M
Intangibles50.95M53.26M55.57M57.88M60.4M63.13M65.86M69.87M72.6M2.07M
Deposits & Other Assets10.43M9.91M11.61M11.82M10.16M10.17M7.12M8.01M7.99M3.16M
Avid Tech Total Assets
224.74M250.36M249.58M262.91M273.71M311.76M247.92M264.17M276.22M182.03M
Notes Payable5M5M--------
Accounts Payable27.5M28.84M26.43M25.85M35.12M31.32M45.51M39.23M34.68M29.43M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses59.27M59.77M59.47M60.87M47.68M64.05M63.47M55.59M62.71M65.49M
Income Taxes Payable1.96M1.16M1.01M0.65M0.49M0.58M1.02M3.49M3.15M5.38M
Other Current Liabilities129.86M144.42M146.01M157.46M165.62M178.95M189.88M199.57M204.49M209.21M
Avid Tech Total Current Liabilities
223.58M239.2M237.93M249.85M253.92M274.92M304.89M307.88M305.05M309.52M
Mortgages----------
Deferred Taxes/Income74.35M79.15M80.58M83.9M103.61M132.13M161.93M172.62M198.38M203.59M
Convertible Debt----------
Long-Term Debt189.86M189.3M188.79M188.3M187.83M192.13M95.95M94.6M93.49M-
Non-Current Capital Leases----------
Other Long-Term Liabilities11.7M11.64M12.17M13.59M17.34M16.17M14.71M16.67M17.39M13.64M
Avid Tech Total Liabilities
499.49M519.3M519.49M535.65M562.71M615.36M577.49M591.78M614.32M526.76M
Minority Interest----------
Preferred Stock----------
Common Stock Net0.42M0.42M0.42M0.42M0.42M0.42M0.42M0.42M0.42M0.42M
Capital Surplus1.04B1.04B1.04B1.04B1.05B1.06B1.06B1.06B1.06B1.05B
Retained Earnings-1.28B-1.27B-1.27B-1.28B-1.29B-1.3B-1.32B-1.31B-1.33B-1.32B
Treasury Stock24.27M29.25M32.35M34.78M52.85M56.06M58.33M64.41M64.21M64.26M
Other Liabilities-5.11M-8.04M-9.89M-5.56M-5.72M-4.93M-8.17M-7.01M-5.28M-7.49M
Avid Tech Shareholders Equity
-274.76M-268.93M-269.91M-272.73M-289M-303.6M-329.57M-327.61M-338.09M-344.73M
Avid Tech Total Liabilities & Shareholders Equity
224.74M250.36M249.58M262.91M273.71M311.76M247.92M264.17M276.22M182.03M
All figures in USD. M: Millions of USD, B: Billions of USD.
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1:17
AVID
Looking at Avid Tech historical stock prices and the current Avid Tech stock price can tell you how the stock price has moved, whereas the Avid Tech PE ratio chart shows if its shares are overpriced in comparison to peers. The important things to look for in a balance sheet are:
  • Assets: An asset is a resource that a corporation like Avid Tech owns and has monetary significance. AVID assets decreased from $250.36M in 2017-Q1 to $224.74M in 2017-Q2 . Assets can be of two types: fixed assets like real estate, plant and machinery; and current assets which includes cash, accounts receivable etc. Tech stocks typically don't have too many assets.
  • Liabilities include short term loans and long term loans availed by the company to fund its business operations. AVID stock had total liabilities of $499.49M for quarter 2017-Q2.
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Avid Tech Balance Sheet - Key Ratios

Current ratio
0.66
Asset Turnover
ratio
1.67
receivables turnover
ratio
10.91
PB ratio (
price to book ratio
)
-0.6520