BELFA - Intrinsic Value and Financial Analysis - Bel Fuse Inc.

Bel Fuse Inc. BELFA

Technology - Hardware, Equipment & Parts - NASDAQ - US

Watchlist

$ 91.6

-1.21 %

$ 971 M

Market Cap

22.23

P/E

BALANCE SHEET

572 M ASSETS

Growth Rates

1Year 1.99%

3Years 7.99%

5Years 5.21%

7Years 4.26%

10Years 6.38%

231 M LIABILITIES

Growth Rates

1Year -22.49%

3Years -4.83%

5Years -2.85%

7Years -2.11%

10Years 11.28%

341 M EQUITY

Growth Rates

1Year 29.81%

3Years 22.38%

5Years 14.05%

7Years 11.55%

10Years 4.06%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition Bel Fuse Inc.

572 M ASSETS
231 M LIABILITIES

Current Assets	381 M
Cash & Short-Term Investments	127 M
Receivables	96.9 M
Other Current Assets	158 M
Non-Current Assets	190 M
Long-Term Investments	10.3 M
PP&E	57 M
Other Non-Current Assets	123 M

Current Liabilities	111 M
Accounts Payable	40.4 M
Short-Term Debt	6.84 M
Other Current Liabilities	63.3 M
Non-Current Liabilities	120 M
Long-Term Debt	74.2 M
Other Non-Current Liabilities	46.3 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	Dec-1997	Dec-1996	Dec-1995	Dec-1994	Dec-1993	Dec-1992	Dec-1991	Dec-1990	Dec-1989	Dec-1988	Dec-1987	Dec-1986	Dec-1985
ASSETS
Cash & Cash Equivalents	89.4	70.3	61.8	84.9	73.2	53.9	69.4	73.4	85.0	77.1	62.1	71.3	88.2	83.8	124.2	75.0	83.9	76.8	52.0	71.2	57.5	59.0	69.3	62.6	31.4	14.9	29.2	23.5	8.3	2.8	8.1	17.1	2.3	3.2	6.3	8.3	8.9	7.8	8.5
Short Term Investments	37.5	0	0	0	0	0	0	0	0	0	0	2 K	5.7	1.7	2 K	17.7	3.3	15.6	38.5	23.1	5.0	5.0	2.3	0.2	2.3	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Receivables	96.9	125.5	115.4	85.5	92.4	107.7	78.8	74.4	86.3	99.6	0	42.9	42.0	57.7	38.0	48.5	55.4	43.8	39.3	33.2	30.4	16.8	9.8	25.2	18.8	17.1	11.2	8.9	11.7	8.1	6.1	7.5	5.7	4.8	4.5	4.5	3.8	3.3	2.1
Inventory	136.5	172.5	139.4	100.1	107.3	120.1	107.7	98.9	98.5	113.6	70.0	54.9	53.4	57.0	31.8	46.5	39.0	46.3	32.9	29.1	26.2	12.4	13.9	30.3	24.2	21.8	12.2	8.4	10.8	8.8	8.8	7.0	5.7	6.0	4.4	4.2	4.3	3.2	2.2
Other Current Assets	21.1	13.2	12.5	9.6	11.2	8.8	10.2	8.7	10.7	20.3	72.1	26.3	18.4	3.4	1.8	5.8	7.3	3.9	2.5	3.1	3.0	1.3	1.9	1.0	0.4	0.7	0.8	3.5	5.8	8.5	9.3	0.3	0.6	0.5	1.8	0.2	100 K	100 K	0.4
Total Current Assets	381.5	381.4	329.0	280.2	283.4	290.5	266.1	255.4	285.5	310.7	204.2	191.1	208.2	203.6	195.8	193.6	206.2	186.3	165.2	159.8	121.5	94.5	97.2	119.2	77.1	54.5	53.4	44.3	36.6	28.2	32.3	31.9	14.3	14.5	17.0	17.2	17.1	14.4	13.2
PP&E	57.0	58.4	59.5	48.7	60.4	43.9	43.5	48.8	57.6	70.7	40.9	35.0	39.4	44.8	35.9	39.9	41.1	44.3	42.4	41.2	44.1	37.6	36.4	39.7	36.0	35.5	29.1	26.3	26.7	22.2	19.5	16.8	13.4	15.8	13.9	13.2	11.9	8.8	6.9
Intangible Assets	49.4	54.1	61.0	65.8	72.4	62.7	69.4	74.8	87.8	95.5	29.5	21.0	10.9	24.6	12.2	0.9	1.2	1.9	25.2	12.6	13.5	7.6	0	10.2	11.7	13.2	0	0	100 K	0.2	0.2	0.2	0.2	3.6	3.0	2.6	1.7	0.6	0
Goodwill	26.6	25.1	26.7	24.0	22.0	19.8	20.2	18.0	121.6	117.6	18.4	14.2	4.2	4.3	2.0	14.3	28.4	28.1	0	0	0	0	13.7	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	10.3	5.5	(4.5)	(5.7)	(3.7)	(0.5)	(4.2)	(3.4)	(3.3)	(7.9)	(1.7)	(1.4)	(1.3)	(13.3)	(11.7)	1.0	3.0	0	0	(3 322.0)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Long Term Assets	35.3	28.6	35.7	35.2	32.4	26.6	32.1	29.8	34.5	41.6	15.1	13.9	14.8	10.1	7.1	6.8	9.5	4.5	5.3	4.2	2.7	7.2	0.3	0.3	0.4	0.4	0.7	1.0	1.1	1.1	1.1	1.1	0.5	0.6	0.7	0.4	0.5	0.6	0.4
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	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	571.6	560.5	511.8	453.9	470.7	443.5	431.3	426.7	587.0	636.2	308.1	275.2	277.5	277.2	245.9	261.8	293.9	268.5	242.1	217.8	181.8	146.9	147.5	169.5	125.2	103.6	83.2	71.6	64.5	51.7	53.1	50.0	28.4	34.5	34.6	33.4	31.2	24.4	20.5
LIABILITIES
Accounts Payable	40.4	64.6	66.0	39.8	44.2	56.2	47.9	47.2	49.8	61.9	29.5	18.9	18.5	21.2	17.2	14.3	16.1	17.2	14.6	8.8	7.5	5.1	4.6	13.0	4.4	5.0	3.5	3.3	3.4	3.2	1.3	1.3	0.8	2.0	1.2	0	0	0	0
Short Term Debt	6.8	6.3	7.2	12.1	12.9	2.5	2.6	11.4	24.8	13.4	12.7	0.2	0	0	0	0	0	0	0	2.0	2.0	0	0	0	0	0	0	0	0	0.3	0	0	0	0.6	1.7	0	0	0.2	0.2
Other Current Liabilities	60.3	56.6	36.6	35.7	33.2	47.4	36.7	33.7	42.8	46.4	23.2	26.3	23.7	23.5	8.9	12.9	13.7	(11 069.7)	(9 817.8)	(7 151.6)	10.2	6.6	8.9	8.5	9.6	8.7	5.9	4.2	4.6	2.0	3.1	3.6	1.5	2.3	2.0	2.7	3.8	2.6	1.4
Total Current Liabilities	110.6	136.3	112.0	87.5	90.5	106.0	87.3	92.3	122.0	121.8	66.9	46.4	43.0	46.3	28.0	29.6	33.1	41.6	37.0	32.1	19.7	11.7	13.5	21.5	14.0	13.7	9.4	7.5	8.0	5.5	4.4	4.9	2.3	4.9	4.9	2.7	3.8	2.8	1.6
Long Term Debt	74.2	112.3	128.8	119.1	150.0	111.7	120.1	129.8	158.8	219.2	0	0	0	0	0	0	0	0	0	4.5	6.5	0	0	0	0	0	0	0	0	0	0	0	0	0.3	100 K	0.2	0.2	0.4	0.4
Deferred Tax Income	1.5	1.3	1.5	1.0	1.7	1.2	1.6	1.5	13.0	15.9	0	0	0	0	0	0	0	0	0	0.4	6.8	4.5	4.5	7.0	1.0	1.1	1.0	0.8	0.6	0.2	0.4	0.6	0.8	0.8	1.7	0.8	0.7	0.3	0.2
Other Liabilities	44.8	48.2	60.8	60.4	59.0	48.2	64.4	44.7	64.8	54.4	12.5	13.4	13.4	10.6	9.0	14.4	16.3	4.7	3.5	2.3	2.0	0	0	0	100 K	0	0	100 K	0	100 K	0	100 K	0	0	100 K	0	0	0	100 K
Total Liabilities	231.1	298.1	303.1	268.1	302.6	267.1	273.3	268.3	353.9	411.3	79.3	59.8	56.4	56.8	37.0	44.0	49.3	46.3	40.5	39.3	35.0	16.2	18.1	28.5	14.9	14.8	10.4	8.2	8.6	5.8	4.8	5.6	3.1	6.0	6.8	3.7	4.7	3.5	2.3
EQUITY
Common Stock	1.3	1.3	1.3	1.2	1.2	1.2	1.2	1.2	1.2	1.2	1.1	1.2	1.2	1.2	1.2	1.2	1.2	1.2	1.2	1.1	1.1	1.1	1.1	1.1	1.1	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Earnings	307.5	237.2	187.9	166.5	157.1	168.7	147.8	161.3	229.4	213.9	208.0	195.2	196.0	195.5	185.0	196.5	214.6	191.0	168.0	149.9	127.4	115.6	116.7	130.5	99.8	79.7	64.8	55.9	48.1	40.0	41.6	37.8	18.9	22.1	21.4	23.3	20.1	16.0	13.4
Other Accumulative Comprehensive Income/Loss	(12.0)	(16.5)	(18.9)	(18.1)	(24.1)	(24.8)	(19.6)	(31.3)	(21.9)	(12.0)	0.6	(1.4)	(1.6)	39 K	1.1	0.2	(0.3)	(1.8)	0.7	5.4	1.0	50.1 K	12.1 K	61.9 K	0.5	(27.2)	(25.2)	(21.8)	(19.0)	(16.5)	(14.4)	(12.1)	(13.1)	(10.9)	(8.9)	(7.4)	(5.8)	(4.5)	(3.5)
Total Equity	340.6	262.3	208.7	185.8	168.1	176.5	158.0	158.4	233.1	224.9	228.7	201.7	221.1	220.3	208.9	217.8	244.5	222.2	201.6	178.5	146.9	130.7	129.5	141.0	110.3	88.8	72.8	63.4	55.9	45.9	48.3	44.4	25.3	28.5	27.8	29.7	26.5	20.9	18.2
Total Liabilities and Equity	571.6	560.5	511.8	453.9	470.7	443.5	431.3	426.7	587.0	636.2	308.1	261.5	277.5	277.2	245.9	261.8	293.9	268.5	242.1	217.8	181.8	146.9	147.5	169.5	125.2	103.6	83.2	71.6	64.5	51.7	53.1	50.0	28.4	34.5	34.6	33.4	31.2	24.4	20.5
SHARES OUTSTANDING
Common Shares Outstanding	12.8	14.3	14.1	14.0	14.0	12.1	12.0	11.9	11.9	11.7	11.4	11.8	11.8	11.7	11.5	11.7	11.9	11.8	11.7	11.3	11.0	10.9	10.7	10.6	10.5	10.4	10.2	10.1	10.0	9.9	9.9	10.0	9.7	8.8	9.5	9.4	9.3	9.3	9.3

Balance Sheet

Premium Plan

Unlimited Plan