Avid Tech Balance Sheet - Quarterly (NASDAQ:AVID)

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$5.41 $0.02 (0.37%) AVID stock closing price Jun 22, 2018 (Closing)

A thorough fundamental analysis involves using data from Avid Tech balance sheet, apart from other financial statements, to value the business. Financial strength can be guaged by performing Avid Tech stock analysis and by analyzing the balance sheet. A company releases its balance sheet every quarter along with its quarterly results. Avid Tech had a long term debt of $203.25M at the end of 2018 Q1. To understand the debt servicing capacity of the company, one needs to look at Avid Tech operating cash flow and Avid Tech revenue also. Avid Tech debt to equity ratio is -.

View and download Avid Tech quarterly results to get the balance sheet details for the latest 40 quarters data.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Cash56.51M57.22M44.09M47.43M47.01M44.94M47.71M50.36M87.83M17.9M
Marketable Securities----------
Receivables52.53M40.13M40.86M34.43M43.62M43.52M40.85M44.76M43.73M58.8M
Inventory32.88M38.42M41.16M41.21M49.12M50.7M55.63M53.9M51.65M48.07M
Raw Materials11.44M11.21M11.51M9.55M11.28M10.48M10.37M10.17M10.44M9.59M
Work In Progress----------
Finished Goods21.04M26.8M29.34M31.31M37.47M39.92M45.01M43.48M40.92M38.22M
Notes Receivable----------
Other Current Assets30.84M18.54M18.46M14.97M17.74M11.83M14M16.39M16.5M12.66M
Total Current Assets
172.77M154.32M144.58M138.06M157.5M151M158.2M165.43M199.71M137.44M
Property Plant & Equipment-181.36M---174.84M---168.1M
Accumulated Depreciation-159.46M---144.7M---132.62M
Net Property Plant & Equipment
20.66M21.9M23.27M23.97M28.41M30.14M32.96M35.67M36.66M35.48M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges1.35M1.31M1.35M1.31M1.26M1.24M2.02M2.02M2.07M2.01M
Intangibles44.01M46.32M48.63M50.95M53.26M55.57M57.88M60.4M63.13M65.86M
Deposits & Other Assets11.97M10.81M7.4M10.42M9.91M11.61M11.82M10.16M10.17M7.12M
Total Assets
250.78M234.68M225.25M224.73M250.36M249.58M262.91M273.71M311.76M247.92M
Notes Payable5.9M5M5M-------
Accounts Payable28.07M30.16M28.62M27.49M28.84M26.43M25.85M35.12M31.32M45.51M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses67.32M57.01M65.58M59.27M59.77M59.47M60.87M47.68M64.05M63.47M
Income Taxes Payable1.97M1.81M-1.95M1.16M1.01M---1.02M
Other Current Liabilities89.42M121.18M122.47M129.85M144.42M146.01M157.46M165.62M178.95M189.88M
Total Current Liabilities
192.68M216.08M222.55M223.58M239.2M237.93M249.85M253.92M274.92M304.89M
Mortgages----------
Deferred Taxes/Income16.95M73.42M72.09M74.35M79.15M80.58M83.9M103.61M132.13M161.93M
Convertible Debt----------
Long-Term Debt203.25M204.49M191.3M189.85M189.3M188.79M188.3M187.83M192.13M95.95M
Non-Current Capital Leases----------
Other Long-Term Liabilities9.52M9.24M9.72M11.69M11.64M12.17M13.59M17.34M16.17M14.71M
Total Liabilities
422.41M503.25M495.67M499.49M519.3M519.49M535.65M562.71M615.36M577.49M
Minority Interest----------
Preferred Stock----------
Common Stock Net----------
Capital Surplus1.03B1.04B1.04B1.04B1.04B1.04B1.04B1.05B1.06B1.06B
Retained Earnings-1.19B-1.28B-1.28B-1.28B-1.27B-1.27B-1.28B-1.29B-1.3B-1.32B
Treasury Stock14.51M17.67M22.23M24.27M29.25M32.35M34.78M52.85M56.06M58.33M
Other Liabilities-1.27M-2.42M-3.09M-5.1M-8.04M-9.89M-5.56M-5.72M-4.93M-8.17M
Shareholders Equity-171.63M-268.57M-270.42M-274.75M-268.93M-269.91M-272.73M-289M-303.6M-329.57M
Total Liabilities & Shareholders Equity250.78M234.68M225.25M224.73M250.36M249.58M262.91M273.71M311.76M247.92M
All figures in USD. M: Millions of USD, B: Billions of USD.
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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 economic value. The two major types of assets are: fixed assets like real estate, plant and machinery and current assets like cash, marketable securities and inventory. The total asset value for AVID stock as of 2018 Q1 is $250.78M. Its easy to associate the term with manufacturing companies, which invest a lot in factories and equipment. However, the same cannot be said about tech stocks.
  • Liabilities: This item on the balance sheet implies the firm's, in this case Avid Tech's, legal obligations including loans, accounts payable, deferred revenue, accrued expenses and mortgages. The total liabilities for AVID stock stand at $422.41M.

Avid Tech Balance Sheet - Key Ratios

Current ratio
0.9
Debt to equity ratio
0
Asset turnover ratio
1.61
Receivables turnover
9.76