CTS Corp Balance Sheet - Annual (NYSE:CTS)

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$34.8 $0.65 (1.83%) CTS stock closing price Aug 15, 2018 (Closing)

The financial analysis of a company involves interpreting the income statement, balance sheet and cash flow statements of the company to draw insights like we've done in our CTS Corp stock analysis. As in our CTS Corp 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. Good annual results indicate a company's strong financial performance. Its important to check all financial statements including the balance sheet. The CTS Corp balance sheet for 2017 shows total assets of $539.69M. The company has a asset turnover ratio of 0.87. Also see: CTS Corp revenue and CTS Corp operating cash flow for the same year.

View latest 10 year balance sheet data to check CTS Corp financial performance.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Cash113.57M113.8M156.92M134.5M124.36M109.57M76.41M73.31M51.16M44.62M
Marketable Securities----------
Receivables70.58M62.61M54.56M56.89M62.66M89.6M88.34M95.93M71.71M94.17M
Inventory36.59M28.65M24.6M27.88M32.22M81.75M92.54M76.88M54.34M70.86M
Raw Materials21.15M17.68M16.99M15.56M14.56M49.62M57.24M51.89M34.18M46.8M
Work In Progress12.06M9.59M6.82M7.29M7.85M15.86M20.6M16.39M12.94M16.24M
Finished Goods9.2M7.51M6.97M11.72M9.81M16.26M14.69M8.59M7.22M7.81M
Notes Receivable----------
Other Current Assets12.85M10.63M15.88M21.11M17M28.63M26.08M20.52M16.5M16.17M
Total Current Assets
233.6M215.7M251.97M240.4M236.26M309.55M283.38M266.65M193.73M225.84M
Property Plant & Equipment288.98M279.14M259.34M256.31M266.85M334.41M326.44M322.87M345.77M348.6M
Accumulated Depreciation200.73M197.03M189.47M184.89M191.98M240.69M241.58M244.66M264.65M257.85M
Net Property Plant & Equipment
88.24M82.11M69.87M71.41M74.86M93.72M84.86M78.21M81.12M90.75M
Investment & Advances----------
Other Non-Current Assets----------
Deferred Charges20.69M45.83M58.54M43.12M38.62M73.15M76.2M59.95M68.33M82.09M
Intangibles138M126.11M68.62M68.63M72.82M83.25M30.38M31.93M34.43M70.07M
Deposits & Other Assets59.14M47.92M35.11M33.35M57.67M1.48M5.98M45.82M30.03M19.68M
Total Assets
539.69M517.69M484.13M456.92M480.26M561.17M480.81M482.58M407.65M488.45M
Notes Payable-1M--------
Accounts Payable49.2M40.04M40.29M43.34M47.05M67.97M80.46M75.38M52.34M71.28M
Current Portion Long-Term Debt----------
Current Portion Capital Leases----------
Accrued Expenses53.21M57.07M61.05M36.63M45.4M44.56M40.79M40.8M35.32M35.36M
Income Taxes Payable----2.66M2.49M2.97M3.9M2.84M6.59M
Other Current Liabilities----------
Total Current Liabilities
102.41M98.12M101.35M79.98M95.12M115.02M124.23M120.1M90.51M113.24M
Mortgages----------
Deferred Taxes/Income3.8M---------
Convertible Debt----------
Long-Term Debt76.3M89.1M90.7M75M75M153.5M74.4M70M50.4M80.5M
Non-Current Capital Leases----------
Other Long-Term Liabilities13.37M12.58M10.42M12.15M13.41M24.89M18.88M18.23M19.28M17.53M
Total Liabilities
195.89M199.81M202.47M167.13M183.53M293.41M217.51M208.33M160.2M211.27M
Minority Interest----------
Preferred Stock----------
Common Stock Net304.77M302.83M300.9M299.89M297.16M291.51M287.66M285.51M282.49M280.26M
Capital Surplus41.08M40.52M41.16M39.15M39.63M40M39.16M37.77M37.67M30.15M
Retained Earnings420.16M410.97M381.84M380.14M358.99M367.8M352.2M335.52M317.58M362.39M
Treasury Stock343.25M343.25M343.25M325.16M317.16M310.95M300.58M297M297M297M
Other Liabilities-78.96M-93.19M-99M-104.23M-81.89M-120.6M-115.14M-87.55M-93.28M-98.62M
Shareholders Equity343.8M317.88M281.65M289.78M296.72M267.75M263.29M274.25M247.45M277.17M
Total Liabilities & Shareholders Equity539.69M517.69M484.13M456.92M480.26M561.17M480.81M482.58M407.65M488.45M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The latest CTS Corp stock price, and CTS Corp historical stock prices show the stock price movement over time, and the CTS Corp PE ratio chart displays the PE ratio movement. Apart from stock price, one should also look at balance sheet items which mainly comprise of the following:

  • Assets: An asset is a resource that a corporation like CTS Corp 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 CTS stock as of 2017 is $539.69M. 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: The total liabilities of CTS Corp for the year 2017 total to $195.89M. Liabilities for a company like CTS Corp include bank loans, services which have been availed for which a settlement in the form of cash/ asset transfer needs to be done in future etc. A firm takes on such obligations to grow its business which in turn will generate future economic benefits for its business.

CTS Corp Balance Sheet - Key Ratios

Current ratio
2.21
Debt to equity ratio
0.16
Asset turnover ratio
0.87
Receivables turnover
6.45
Price to book ratio
3.35