AUDC - Intrinsic Value and Financial Analysis - AudioCodes Ltd.

AudioCodes Ltd. AUDC

Technology - Communication Equipment - NASDAQ - IL

Watchlist

$ 8.21

-1.68 %

$ 246 M

Market Cap

20.53

P/E

BALANCE SHEET

338 M ASSETS

Growth Rates

1Year 4.23%

3Years -1.96%

5Years 13.89%

7Years 8.80%

10Years 6.84%

149 M LIABILITIES

Growth Rates

1Year 11.44%

3Years 0.25%

5Years 12.85%

7Years 9.67%

10Years 7.97%

188 M EQUITY

Growth Rates

1Year -0.87%

3Years -3.58%

5Years 14.75%

7Years 8.16%

10Years 6.02%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition AudioCodes Ltd.

338 M ASSETS
149 M LIABILITIES

Current Assets	143 M
Cash & Short-Term Investments	38.2 M
Receivables	51.1 M
Other Current Assets	53.3 M
Non-Current Assets	195 M
Long-Term Investments	85.3 M
PP&E	47.6 M
Other Non-Current Assets	62 M

Current Liabilities	84.2 M
Accounts Payable	7.56 M
Short-Term Debt	7.88 M
Other Current Liabilities	68.8 M
Non-Current Liabilities	65.2 M
Long-Term Debt	31.4 M
Other Non-Current Liabilities	33.8 M

Balance Sheet

Millions

	Dec-2023	Dec-2022	Dec-2021	Dec-2020	Dec-2019	Dec-2018	Dec-2017	Dec-2016	Dec-2015	Dec-2014	Dec-2013	Dec-2012	Dec-2011	Dec-2010	Dec-2009	Dec-2008	Dec-2007	Dec-2006	Dec-2005	Dec-2004	Dec-2003	Dec-2002	Dec-2001	Dec-2000	Dec-1999	Dec-1998
ASSETS
Cash & Cash Equivalents	30.8	24.5	79.4	40.9	64.8	31.5	24.2	24.3	18.9	14.8	30.8	15.2	26.4	50.3	39.0	36.8	75.1	25.2	71.0	166.8	48.9	47.8	50.1	9.6	60.5	2.6
Short Term Investments	7.7	17.4	0.7	0.4	6.4	19.6	7.1	6.8	2.5	0.5	15.7	8.0	16.0	13.8	0	16.5	35.3	58.1	71.8	0	0	0	0	0	0	1.4
Receivables	51.1	56.4	49.0	34.5	27.5	22.3	22.1	25.4	25.6	31.1	26.4	24.4	30.9	29.5	18.5	29.6	32.2	33.8	22.9	19.1	10.7	6.4	4.6	13.3	6.5	2.4
Inventory	44.0	36.4	24.0	29.2	28.3	23.3	16.6	16.3	16.8	14.7	13.8	16.8	20.4	18.0	13.5	20.6	18.7	16.1	11.6	10.1	4.7	4.7	6.5	10.7	3.6	1.2
Other Current Assets	9.4	0	9.2	13.7	5.6	0	7.4	6.8	0	6.2	13.5	17.9	21.4	4.1	17.7	66.2	1.0	1.3	0	0	0	63.1	80.0	135.6	57.1	0
Total Current Assets	142.7	149.9	167.6	203.6	132.6	109.9	77.4	79.7	73.9	78.4	102.0	82.0	101.0	114.0	88.5	169.7	162.3	134.4	177.2	196.0	64.3	122.0	141.2	169.2	127.6	7.6
PP&E	47.6	17.5	20.9	30.0	33.6	3.9	3.8	3.9	4.1	3.9	3.2	3.6	3.4	3.7	5.0	6.8	7.1	7.8	6.5	6.7	4.6	5.1	5.0	3.3	1.3	0.8
Intangible Assets	1.0	1.6	2.4	0.6	0.9	1.3	2.0	2.8	4.0	3.0	4.3	2.9	4.0	5.3	6.8	9.1	19.0	21.9	22.0	14.3	5.3	0	0	0	0	0
Goodwill	37.6	37.6	37.6	36.2	36.2	36.2	36.2	36.2	36.2	33.7	33.7	32.1	32.1	32.1	32.1	32.1	111.2	108.9	0	0	0	0	0	0	0	0
Long Term Investments	85.3	77.2	89.3	54.9	19.4	17.5	20.5	29.5	50.3	58.7	19.5	16.8	40.5	1.3	1.5	1.2	0	0	0	0	0	0	0	0	0	0
Other Long Term Assets	17.2	31.0	22.8	20.7	0.7	3.1	24.3	23.2	19.1	21.9	6.6	25.0	9.1	15.0	12.2	10.3	43.8	61.6	84.1	55.2	54.4	3.1	2.2	1.8	0.6	0.3
Other Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	337.5	323.8	349.3	358.1	243.9	176.2	170.9	187.0	189.3	200.4	174.2	166.0	192.7	173.7	147.5	230.5	344.5	337.1	292.2	272.1	128.5	130.1	148.4	174.3	129.5	8.7
LIABILITIES
Accounts Payable	7.6	11.3	7.9	7.0	6.6	6.2	5.6	7.7	7.3	10.1	7.2	6.8	12.4	13.5	8.6	11.7	8.8	7.5	7.8	6.5	4.2	2.4	1.6	7.9	1.7	1.1
Short Term Debt	7.9	8.2	8.1	10.4	11.1	2.5	2.5	3.5	5.3	4.7	5.0	8.7	10.2	6.0	6.0	76.7	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	29.9	38.3	38.4	40.2	69.0	46.3	20.8	18.6	18.0	26.0	18.0	15.3	18.1	24.2	17.6	24.0	27.2	27.7	18.3	16.6	2.8	0.2	13.3	15.2	6.6	2.0
Total Current Liabilities	84.2	94.5	95.9	94.8	97.4	51.7	45.4	44.7	45.6	40.8	36.7	35.4	45.9	47.5	34.2	113.2	37.6	37.0	26.4	24.5	18.0	13.6	14.9	23.1	8.3	3.1
Long Term Debt	31.4	5.6	11.4	19.4	24.3	3.7	6.2	8.5	6.0	5.1	9.8	14.8	23.3	10.1	16.2	21.8	121.2	121.0	120.8	120.7	0	0	0	0	0	0
Deferred Tax Income	0	0	0	0	9.6	21.2	12.6	11.5	13.0	17.1	6.7	4.3	3.2	15.7	0	0	0	6.5	0	0	0	0	0	0	0	0
Other Liabilities	33.8	34.1	22.9	34.1	40.9	26.2	27.0	25.1	22.9	20.8	22.6	16.3	14.2	16.9	13.3	12.2	11.2	7.9	5.9	5.0	4.0	2.8	2.2	1.5	0.9	0.5
Total Liabilities	149.4	134.1	143.8	148.3	151.4	81.6	78.6	78.3	71.8	66.7	69.4	67.7	86.7	74.5	63.6	147.1	170.0	172.4	153.1	150.2	22.0	16.4	17.2	24.6	9.2	3.6
EQUITY
Common Stock	0.1	0.1	0.1	0.1	94 K	92 K	93 K	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	58 K	0
Retained Earnings	20.8	23.4	6.5	(16.4)	(35.2)	(32.5)	(40.4)	(44.4)	(60.5)	(60.9)	(60.8)	(65.0)	(60.8)	(68.0)	(80.1)	(58.7)	22.7	26.5	19.7	6.2	1.2	10.0	23.8	37.1	10.4	(0.2)
Other Accumulative Comprehensive Income/Loss	(3.9)	(11.0)	(0.2)	1.8	0	(0.3)	44 K	(0.2)	(0.1)	(0.3)	0	1.3	(0.2)	0.8	98 K	(0.9)	1.0	0.1	12 K	0.2	29 K	72 K	(0.2)	(0.3)	(0.5)	100 K
Total Equity	188.1	189.8	205.5	209.9	92.5	94.5	92.4	108.7	117.5	133.7	104.8	98.3	106.0	99.2	83.6	83.3	174.5	164.7	139.1	122.0	106.5	113.7	131.3	149.7	120.3	5.1
Total Liabilities and Equity	337.5	323.8	349.3	358.1	243.9	176.2	170.9	187.0	189.3	200.4	174.2	166.0	192.7	173.7	147.5	230.5	344.5	337.1	292.2	272.1	128.5	130.1	148.4	174.3	129.5	8.7
SHARES OUTSTANDING
Common Shares Outstanding	31.4	31.8	32.7	31.4	29.3	28.9	31.1	35.2	40.2	42.3	38.2	38.0	41.4	40.6	40.2	41.2	43.2	43.0	40.7	38.5	37.5	38.5	30.4	39.3	30.4	15.3

Balance Sheet

Premium Plan

Unlimited Plan