AudioCodes Ltd. (AUDC) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 164.56M | 180.3M | 186.01M | 181.63M | 161.79M | 162.88M | 151.81M | 144.22M | 144.42M | 142.66M | 134.82M | 145.66M | 146.17M | 149.93M | 140.72M | 141.08M | 129.59M | 167.55M | 166.88M | 190.9M |
| Cash & Short-Term Investments | 65.6M | 72.87M | 73.96M | 79.21M | 66.54M | 62.38M | 47.97M | 42.17M | 45.94M | 38.2M | 31.92M | 45.17M | 46.03M | 47.12M | 49.1M | 57.84M | 43.95M | 80.31M | 94.66M | 117.49M |
| Cash Only | 41.17M | 45.52M | 48.92M | 62.62M | 63.13M | 58.75M | 23.52M | 20.85M | 30.62M | 30.76M | 27.88M | 36.23M | 29.78M | 24.54M | 24.89M | 35.25M | 37.98M | 79.42M | 93.55M | 116.42M |
| Short-Term Investments | 24.43M | 27.35M | 25.04M | 16.59M | 3.4M | 3.64M | 24.45M | 21.32M | 15.32M | 7.44M | 4.04M | 8.95M | 16.24M | 22.59M | 24.2M | 22.59M | 5.97M | 889K | 1.11M | 1.07M |
| Accounts Receivable | 56.6M | 67.36M | 68.47M | 58.57M | 56.06M | 69.03M | 58.08M | 55.01M | 48.98M | 51.13M | 49.64M | 46.61M | 48.24M | 56.42M | 50.07M | 45.93M | 50.13M | 58.15M | 40.27M | 43.48M |
| Days Sales Outstanding | 89.76 | 99.8 | 94.95 | 85.39 | 93.24 | 94.99 | 86.35 | 78.46 | 75.81 | 72.92 | 71.88 | 71.91 | 79.54 | 69.33 | 63.34 | 63.94 | 73.43 | 68.5 | 60.76 | 59.84 |
| Inventory | 22.94M | 22.03M | 24.1M | 26.39M | 28.57M | 31.46M | 33.68M | 37.89M | 40.66M | 43.96M | 44.83M | 45.78M | 42.08M | 36.38M | 31.82M | 27.71M | 25.35M | 23.99M | 23.84M | 24.83M |
| Days Inventory Outstanding | 96.29 | 98.63 | 109.23 | 113.9 | 127.18 | 143.82 | 157.2 | 171.6 | 179.83 | 192.95 | 201.8 | 185.57 | 155.74 | 128.06 | 105.45 | 101.22 | 100.93 | 101.57 | 116.1 | 129.76 |
| Other Current Assets | 19.43M | 18.04M | 19.48M | 17.46M | 10.63M | 0 | 12.09M | 9.15M | 8.84M | 9.38M | 8.43M | 8.1M | 9.82M | 10.01M | 9.73M | 9.61M | 10.17M | 5.1M | 8.1M | 5.1M |
| Total Non-Current Assets | 141.1M | 142.86M | 145.79M | 158.21M | 168.68M | 173.03M | 174.62M | 185.55M | 191.72M | 194.86M | 194.66M | 172.09M | 172.76M | 173.9M | 175.35M | 180.08M | 191.38M | 181.81M | 183.21M | 164.34M |
| Property, Plant & Equipment | 58.54M | 59.47M | 59.68M | 59.58M | 60.26M | 59.85M | 58.44M | 56.11M | 52.45M | 47.6M | 45.8M | 17.74M | 16.59M | 17.48M | 18.94M | 20.17M | 19.72M | 20.85M | 25.71M | 26.73M |
| Fixed Asset Turnover | 1.05x | 1.05x | 1.03x | 1.02x | 1.01x | 1.04x | 1.05x | 1.11x | 1.20x | 1.36x | 1.94x | 3.50x | 3.48x | 3.88x | 3.57x | 3.43x | 3.27x | 2.84x | 2.42x | 2.20x |
| Goodwill | 37.57M | 0 | 0 | 0 | 0 | 37.56M | 0 | 0 | 0 | 37.56M | 0 | 0 | 0 | 37.56M | 0 | 0 | 0 | 37.56M | 0 | 36.22M |
| Intangible Assets | 0 | 37.58M | 37.65M | 37.78M | 37.92M | 489K | 38.18M | 38.31M | 38.45M | 1.02M | 38.71M | 38.85M | 38.98M | 1.57M | 39.33M | 39.53M | 39.73M | 2.37M | 36.58M | 425K |
| Long-Term Investments | 14.16M | 15.86M | 5.71M | 16.07M | 29.15M | 31.53M | 40.43M | 51.5M | 76.7M | 85.26M | 85.8M | 73.33M | 90.25M | 90.29M | 89M | 91.08M | 100.12M | 89.31M | 90.23M | 69.25M |
| Other Non-Current Assets | 23.61M | 29.96M | 42.75M | 44.78M | 41.36M | 33.76M | 37.56M | 39.62M | 17.22M | 17.2M | 16.55M | 42.17M | 17.56M | 17.93M | 18.23M | 18.67M | 31.81M | 22.82M | 21.33M | 21.23M |
| Total Assets | 305.67M | 323.16M | 331.8M | 339.83M | 330.48M | 335.9M | 326.43M | 329.76M | 336.13M | 337.52M | 329.49M | 317.74M | 318.93M | 323.83M | 316.07M | 321.16M | 320.98M | 349.36M | 350.09M | 355.23M |
| Asset Turnover | 0.20x | 0.19x | 0.18x | 0.18x | 0.18x | 0.19x | 0.18x | 0.18x | 0.18x | 0.19x | 0.19x | 0.19x | 0.18x | 0.22x | 0.22x | 0.21x | 0.20x | 0.19x | 0.18x | 0.17x |
| Asset Growth % | -7.51% | -3.79% | 1.65% | 3.05% | -1.68% | -0.48% | -0.93% | 3.78% | 5.39% | 4.23% | 4.25% | -1.07% | -0.64% | -7.31% | -9.72% | -9.59% | -8.04% | -2.45% | 1.14% | 4.11% |
| Total Current Liabilities | 82.01M | 81.72M | 89.13M | 83.95M | 80.36M | 77.76M | 74.79M | 77.39M | 86.57M | 84.2M | 86.92M | 90.55M | 93.32M | 94.46M | 97.44M | 95.63M | 89.77M | 95.94M | 98.58M | 93.79M |
| Accounts Payable | 7.66M | 6.42M | 10.18M | 7.54M | 6.57M | 7.54M | 5.48M | 5.1M | 7.32M | 7.56M | 6.64M | 7.12M | 10.58M | 11.34M | 12.5M | 7.44M | 6.02M | 7.86M | 5.2M | 2.62M |
| Days Payables Outstanding | 30.13 | 35.48 | 38.33 | 29.24 | 29.9 | 28.75 | 23.24 | 27.14 | 31.62 | 30.85 | 30.64 | 37.39 | 43.51 | 44.76 | 35.32 | 25.67 | 28.39 | 27.75 | 18.65 | 22.28 |
| Short-Term Debt | 6.54M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.47M | 7.88M | 6.43M | 0 | 6.29M | 8.17M | 7.88M | 7.37M | 0 | 0 | 21.15M | 600K |
| Deferred Revenue (Current) | 41.79M | 0 | 0 | 0 | 0 | 38.44M | 0 | 0 | 44.31M | 38.82M | 38.8M | 0 | 40.66M | 36.63M | 38.46M | 40.98M | 0 | 41.59M | 40.27M | 41.25M |
| Other Current Liabilities | 26.02M | 68.67M | 72.56M | 70.22M | 67.95M | 17.9M | 63.46M | 66.36M | 28.46M | 13.23M | 35.06M | 77.34M | 35.79M | 20.32M | 38.6M | 39.84M | 75.62M | 24.51M | 31.96M | 11.63M |
| Current Ratio | 2.01x | 2.21x | 2.09x | 2.16x | 2.01x | 2.09x | 2.03x | 1.86x | 1.67x | 1.69x | 1.55x | 1.61x | 1.57x | 1.59x | 1.44x | 1.48x | 1.44x | 1.75x | 1.69x | 2.04x |
| Quick Ratio | 1.73x | 1.94x | 1.82x | 1.85x | 1.66x | 1.69x | 1.58x | 1.37x | 1.20x | 1.17x | 1.04x | 1.10x | 1.12x | 1.20x | 1.12x | 1.19x | 1.16x | 1.50x | 1.45x | 1.77x |
| Cash Conversion Cycle | 155.91 | 162.95 | 165.85 | 170.05 | 190.52 | 210.06 | 220.31 | 222.92 | 224.03 | 235.03 | 243.04 | 220.09 | 191.77 | 152.63 | 133.47 | 139.48 | 145.96 | 142.31 | 158.2 | 167.32 |
| Total Non-Current Liabilities | 69.56M | 70.14M | 68.93M | 67.81M | 64.21M | 66.33M | 64.75M | 64.26M | 65.93M | 65.21M | 63.34M | 39.98M | 38.99M | 39.61M | 39.89M | 42.72M | 43.54M | 47.92M | 48.01M | 50.75M |
| Long-Term Debt | 0 | 31.35M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 30.84M | 31.35M | 31M | 31.06M | 29.3M | 30.51M | 30.74M | 31.02M | 31.43M | 31.4M | 29.99M | 5.48M | 4.28M | 5.55M | 5.41M | 8.75M | 7.61M | 11.39M | 12.76M | 15.83M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 38.72M | 7.45M | 37.93M | 36.75M | 34.91M | 35.82M | 34M | 33.23M | 34.5M | 33.8M | 33.35M | 34.49M | 34.71M | 34.06M | 34.48M | 33.97M | 35.93M | 22.89M | 35.25M | 21.38M |
| Total Liabilities | 151.57M | 151.86M | 158.06M | 151.76M | 144.57M | 144.09M | 139.54M | 141.65M | 152.5M | 149.41M | 150.26M | 130.53M | 132.31M | 134.07M | 137.33M | 138.35M | 133.31M | 143.87M | 146.59M | 144.53M |
| Total Debt | 37.38M | 69.33M | 37.4M | 37.25M | 35.14M | 36.46M | 36.6M | 36.95M | 37.91M | 39.28M | 36.42M | 11.57M | 10.57M | 13.72M | 13.29M | 16.12M | 15.74M | 19.53M | 33.91M | 25.36M |
| Net Debt | -3.79M | 23.81M | -11.53M | -25.37M | -27.99M | -22.29M | 13.08M | 16.11M | 7.29M | 8.52M | 8.54M | -24.66M | -19.21M | -10.81M | -11.6M | -19.13M | -22.24M | -59.89M | -59.64M | -91.06M |
| Debt / Equity | 0.24x | 0.40x | 0.22x | 0.20x | 0.19x | 0.19x | 0.20x | 0.20x | 0.21x | 0.21x | 0.20x | 0.06x | 0.06x | 0.07x | 0.07x | 0.09x | 0.08x | 0.10x | 0.17x | 0.12x |
| Debt / EBITDA | 8.41x | 14.23x | 7.13x | 10.47x | 7.64x | 7.02x | 6.23x | 5.96x | 9.97x | 5.00x | 5.66x | 3.96x | - | 1.51x | 1.70x | 1.86x | 1.79x | 1.96x | 3.20x | 2.36x |
| Net Debt / EBITDA | -0.85x | 4.89x | -2.20x | -7.13x | -6.09x | -4.29x | 2.23x | 2.60x | 1.92x | 1.08x | 1.33x | -8.43x | - | -1.19x | -1.49x | -2.21x | -2.53x | -6.02x | -5.63x | -8.49x |
| Interest Coverage | 8.81x | 3.57x | - | 2.18x | - | - | 7.93x | - | - | 29.35x | - | - | - | 6.59x | - | - | - | - | - | 17.41x |
| Total Equity | 154.1M | 171.3M | 173.74M | 188.07M | 185.9M | 191.81M | 186.89M | 188.12M | 183.63M | 188.11M | 179.22M | 187.21M | 186.62M | 189.76M | 178.74M | 182.81M | 187.66M | 205.5M | 203.5M | 210.7M |
| Equity Growth % | -17.11% | -10.7% | -7.04% | -0.02% | 1.24% | 1.97% | 4.28% | 0.48% | -1.6% | -0.87% | 0.27% | 2.41% | -0.56% | -7.66% | -12.17% | -13.23% | -8.56% | -2.08% | 3.59% | 9.63% |
| Book Value per Share | 5.73 | 6.15 | 6.06 | 6.41 | 6.19 | 6.34 | 6.07 | 6.12 | 5.96 | 6.09 | 5.71 | 5.68 | 5.88 | 5.90 | 5.54 | 5.62 | 5.67 | 6.12 | 6.01 | 6.20 |
| Total Shareholders' Equity | 154.1M | 171.3M | 173.74M | 188.07M | 185.9M | 191.81M | 186.89M | 188.12M | 183.63M | 188.11M | 179.22M | 187.21M | 186.62M | 189.76M | 178.74M | 182.81M | 187.66M | 205.5M | 203.5M | 210.7M |
| Common Stock | 0 | 171.3M | 0 | 188.07M | 185.9M | 112K | 186.89M | 188.12M | 0 | 110K | 0 | 187.21M | 0 | 109K | 0 | 0 | 187.66M | 107K | 0 | 104K |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 | 25.2M | 0 | 0 | 0 | 20.79M | 0 | 0 | 0 | 23.41M | 0 | 0 | 0 | 6.49M | 0 | -3.46M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | -250.33M | 0 | 0 | 0 | -236M | 0 | 0 | 0 | -217.74M | 0 | 0 | 0 | -179.65M | 0 | -155.14M |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 1.11M | 0 | 0 | 0 | -3.9M | 0 | 0 | 0 | -10.95M | 0 | 0 | 0 | -223K | 0 | -54K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |