Avid Tech Balance Sheet - Quarterly (NASDAQ:AVID)

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$4.84 $0.12 (2.42%) AVID stock closing price Feb 16, 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 $191.3M at the end of 2017 Q3. 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 - Dec2017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q42015 Q3
Cash44.09M47.43M47.01M44.94M47.71M50.36M87.83M17.9M21.98M
Marketable Securities---------
Receivables40.86M34.43M43.62M43.52M40.85M44.76M43.73M58.8M56.99M
Inventory41.16M41.21M49.12M50.7M55.63M53.9M51.65M48.07M48.78M
Raw Materials11.51M9.55M11.28M10.48M10.37M10.17M10.44M9.59M10.17M
Work In Progress--------1.3M
Finished Goods29.34M31.31M37.47M39.92M45.01M43.48M40.92M38.22M37.31M
Notes Receivable---------
Other Current Assets18.46M14.97M17.74M11.83M14M16.39M16.5M12.66M21.71M
Total Current Assets
144.58M138.06M157.5M151M158.2M165.43M199.71M137.44M149.47M
Property Plant & Equipment---174.84M---168.1M-
Accumulated Depreciation---144.7M---132.62M-
Net Property Plant & Equipment
23.27M23.97M28.41M30.14M32.96M35.67M36.66M35.48M34.77M
Investment & Advances---------
Other Non-Current Assets---------
Deferred Charges1.35M1.31M1.26M1.24M2.02M2.02M2.07M2.01M2.04M
Intangibles48.63M50.95M53.26M55.57M57.88M60.4M63.13M65.86M69.87M
Deposits & Other Assets7.4M10.42M9.91M11.61M11.82M10.16M10.17M7.12M8.01M
Total Assets
225.25M224.73M250.36M249.58M262.91M273.71M311.76M247.92M264.17M
Notes Payable5M5M-------
Accounts Payable28.62M27.49M28.84M26.43M25.85M35.12M31.32M45.51M39.23M
Current Portion Long-Term Debt---------
Current Portion Capital Leases---------
Accrued Expenses65.58M59.27M59.77M59.47M60.87M47.68M64.05M63.47M55.59M
Income Taxes Payable-1.95M1.16M1.01M---1.02M3.49M
Other Current Liabilities122.47M129.85M144.42M146.01M157.46M165.62M178.95M189.88M199.57M
Total Current Liabilities
222.55M223.58M239.2M237.93M249.85M253.92M274.92M304.89M307.88M
Mortgages---------
Deferred Taxes/Income72.09M74.35M79.15M80.58M83.9M103.61M132.13M161.93M172.62M
Convertible Debt---------
Long-Term Debt191.3M189.85M189.3M188.79M188.3M187.83M192.13M95.95M94.6M
Non-Current Capital Leases---------
Other Long-Term Liabilities9.72M11.69M11.64M12.17M13.59M17.34M16.17M14.71M16.67M
Total Liabilities
495.67M499.49M519.3M519.49M535.65M562.71M615.36M577.49M591.78M
Minority Interest---------
Preferred Stock---------
Common Stock Net---------
Capital Surplus1.04B1.04B1.04B1.04B1.04B1.05B1.06B1.06B1.06B
Retained Earnings-1.28B-1.28B-1.27B-1.27B-1.28B-1.29B-1.3B-1.32B-1.31B
Treasury Stock22.23M24.27M29.25M32.35M34.78M52.85M56.06M58.33M64.41M
Other Liabilities-3.09M-5.1M-8.04M-9.89M-5.56M-5.72M-4.93M-8.17M-7.01M
Shareholders Equity-270.42M-274.75M-268.93M-269.91M-272.73M-289M-303.6M-329.57M-327.61M
Total Liabilities & Shareholders Equity225.25M224.73M250.36M249.58M262.91M273.71M311.76M247.92M264.17M
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 2017 Q3 is $225.25M. 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 $495.67M.

Avid Tech Balance Sheet - Key Ratios

Current ratio
0.65
Debt to equity ratio
0
Asset turnover ratio
1.87
Receivables turnover
10.5