CNMD - Intrinsic Value and Financial Analysis - CONMED Corporation

CONMED Corporation CNMD

Healthcare - Medical - Devices - NYSE - US

Watchlist

$ 72.24

1.47 %

$ 2.23 B

Market Cap

17.12

P/E

BALANCE SHEET

2.3 B ASSETS

Growth Rates

1Year 0.11%

3Years 9.50%

5Years 10.93%

7Years 8.15%

10Years 7.75%

1.47 B LIABILITIES

Growth Rates

1Year -5.56%

3Years 12.02%

5Years 15.70%

7Years 10.08%

10Years 11.71%

834 M EQUITY

Growth Rates

1Year 11.89%

3Years 5.57%

5Years 4.72%

7Years 5.31%

10Years 3.24%

BALANCE SHEET DECOMPOSITION

Balance Sheet Decomposition CONMED Corporation

2.3 B ASSETS
1.47 B LIABILITIES

Current Assets	616 M
Cash & Short-Term Investments	24.3 M
Receivables	242 M
Other Current Assets	349 M
Non-Current Assets	1.68 B
Long-Term Investments	-16.6 M
PP&E	137 M
Other Non-Current Assets	1.56 B

Current Liabilities	311 M
Accounts Payable	88.2 M
Short-Term Debt	0
Other Current Liabilities	223 M
Non-Current Liabilities	1.16 B
Long-Term Debt	983 M
Other Non-Current Liabilities	172 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	Mar-2003	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
ASSETS
Cash & Cash Equivalents	24.3	28.9	20.8	27.4	25.9	17.5	32.6	27.4	72.5	66.3	54.4	23.7	26.0	12.4	9.2	11.8	11.7	3.8	3.5	4.2	6.0	5.6	1.4	3.5	3.7	5.9	13.5	20.2	1.5	3.6	2.0	7.6	4.5	0.2	0.3	2.7	4.6	0.3
Short Term Investments	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
Receivables	242.3	191.3	183.9	177.2	189.1	181.6	167.0	148.2	133.9	129.9	144.2	139.3	135.6	145.3	126.2	96.5	82.1	75.9	83.3	74.6	60.4	58.1	51.2	78.6	76.4	66.8	47.4	27.1	22.6	13.1	11.5	8.6	9.0	6.4	5.1	2.4	2.5	1.7
Inventory	318.3	332.3	231.6	194.9	164.6	154.6	141.4	135.9	166.9	148.1	143.2	156.2	168.4	172.8	164.3	160.0	165.0	151.7	152.4	127.9	120.9	120.4	107.4	104.6	89.7	78.1	57.9	23.2	20.9	9.6	9.0	9.0	7.0	4.3	5.8	3.6	2.3	1.8
Other Current Assets	30.8	28.6	23.8	17.3	17.8	20.7	15.7	19.0	20.1	36.8	30.2	26.9	26.6	19.6	25.1	24.7	20.3	18.5	19.7	16.2	13.7	9.5	4.6	5.3	6.9	8.8	3.1	1.3	4.2	2.0	1.8	0.5	4.7	0.3	1.1	0.2	0.2	100 K
Total Current Assets	615.6	581.2	460.1	416.7	397.4	374.4	356.8	330.5	404.4	381.1	372.1	346.2	356.7	350.2	324.7	294.3	279.0	249.9	255.5	222.9	201.1	193.7	164.5	192.0	176.7	159.6	121.9	71.8	49.2	28.3	24.3	25.7	25.2	11.2	12.3	8.9	9.6	3.9
PP&E	137.3	115.6	108.9	111.4	118.9	113.2	116.2	122.0	128.5	133.4	139.0	139.0	139.2	140.9	143.5	143.7	123.7	116.5	104.2	101.5	97.4	95.6	91.0	62.5	57.8	60.8	59.4	26.5	19.7	16.2	16.4	12.1	8.7	8.0	5.9	4.3	3.3	2.4
Intangible Assets	649.5	681.8	471.0	501.5	532.8	413.2	414.9	419.5	308.2	316.4	319.4	190.8	195.5	190.1	190.8	195.9	191.8	191.1	527.1	529.7	484.5	442.7	440.9	420.8	427.6	404.4	369.5	70.6	46.4	17.6	14.5	3.4	3.4	2.9	3.3	0	0	0
Goodwill	806.8	815.4	617.5	618.4	618.0	400.4	402.0	397.7	260.7	256.2	248.4	256.8	234.8	295.1	290.5	290.2	289.5	290.5	335.7	0	0	0	0	0	0	0	0	0	41.4	0	0	0	0	0	0	0	0	0
Long Term Investments	(16.6)	0	0	0	0	0	0	(3.7)	(1.3)	0	0	0	0	0	0	(14.7)	(11.7)	0	(12.9)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Long Term Assets	79.5	93.9	98.8	96.8	102.3	62.7	63.3	59.2	11.2	9.5	10.3	150.5	6.9	7.5	6.0	7.5	9.9	13.6	17.0	18.7	22.0	10.2	5.1	4.3	100 K	4.0	10.8	1.2	4.1	0	2.1	0.7	1.0	100 K	0.4	0.3	100 K	100 K
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
Total Assets	2 300.0	2 297.6	1 766.0	1 751.7	1 775.1	1 369.1	1 358.0	1 329.0	1 112.9	1 098.2	1 090.5	1 084.5	935.6	985.8	957.5	931.7	894.0	861.6	903.8	872.8	805.1	742.1	701.6	679.6	662.2	628.8	561.6	170.1	119.4	62.1	57.3	41.9	38.3	22.2	21.9	13.5	13.0	6.4
LIABILITIES
Accounts Payable	88.2	73.4	58.2	53.3	56.0	53.5	42.0	41.6	34.7	23.8	27.4	23.6	21.2	21.7	26.2	35.9	39.0	41.8	31.1	28.9	18.3	22.1	19.9	20.4	16.5	19.6	9.6	2.4	2.4	1.5	1.3	0.7	1.1	1.1	0	0	0	0
Short Term Debt	0	69.7	12.2	25.9	20.9	18.3	14.7	10.2	1.3	1.2	1.1	1.1	54.6	110.4	2.2	3.2	3.3	3.1	4.2	4.0	4.1	2.6	73.4	36.1	32.9	23.0	11.0	0	6.0	2.5	2.5	100 K	100 K	0.5	2.0	100 K	0.6	100 K
Other Current Liabilities	222.5	153.4	126.2	111.0	111.3	89.1	93.3	62.1	80.8	88.3	80.6	97.8	49.0	46.8	50.0	34.6	34.9	30.2	22.1	30.1	32.4	33.3	26.5	21.9	17.8	23.6	10.0	3.4	3.5	6.2	5.1	1.1	1.9	1.7	2.7	1.3	1.2	1.2
Total Current Liabilities	310.7	296.6	196.6	190.2	188.1	160.9	150.0	114.0	119.7	116.0	111.3	122.5	131.2	179.9	78.2	74.9	77.3	75.2	62.1	63.1	54.9	58.0	119.8	78.3	67.2	66.2	30.6	5.8	11.9	10.2	8.9	1.9	3.1	3.3	4.7	1.4	1.8	1.3
Long Term Debt	983.0	996.9	672.6	750.0	772.3	438.6	471.7	488.3	269.5	240.2	214.4	160.8	89.0	85.2	182.2	196.2	219.5	264.7	302.6	290.5	260.4	254.8	262.5	342.7	361.8	361.9	354.0	0	27.8	6.9	9.4	0	100 K	4.9	5.3	0.5	0.6	0.7
Deferred Tax Income	60.9	66.7	68.5	57.9	74.5	81.1	77.7	119.1	114.6	112.2	113.2	107.5	92.8	106.0	97.9	83.5	71.2	51.0	62.6	51.4	46.1	28.4	18.7	12.2	3.3	0	0	0	0	1.0	0.7	0.6	0.5	0.6	0.6	0.6	0.5	0.3
Other Liabilities	111.1	191.9	42.8	44.6	29.7	26.3	27.1	27.0	138.7	48.5	45.3	86.6	49.6	28.1	22.7	45.3	21.0	30.3	23.4	19.9	10.1	14.0	17.0	15.9	18.6	18.5	14.3	5.7	4.7	0.9	0.8	0.7	0.6	0.6	1.0	100 K	0	0.2
Total Liabilities	1 465.8	1 552.0	980.6	1 042.6	1 064.6	706.9	726.5	748.4	527.9	516.9	484.2	477.5	362.5	399.2	381.0	399.9	388.9	421.2	450.8	424.8	371.6	355.2	418.0	449.0	450.9	446.6	398.9	11.5	44.4	19.0	19.8	3.2	4.3	9.4	11.6	2.6	2.9	2.5
EQUITY
Common Stock	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	215.0	228.0	256.7	245.0	248.4	263.6	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.2	0.2	0	0	0	100 K	0	0	0	0	0	0	0	0	0
Retained Earnings	452.5	412.6	496.6	457.4	470.8	464.9	440.1	406.9	414.5	406.1	395.9	377.9	354.4	354.0	325.4	327.5	284.9	247.4	259.9	227.9	194.5	162.4	128.2	103.8	84.5	57.4	39.6	46.6	30.3	19.5	14.1	15.5	11.4	7.4	5.0	5.6	4.8	3.7
Other Accumulative Comprehensive Income/Loss	(50.2)	(57.9)	(54.2)	(63.7)	(59.3)	(55.7)	(49.1)	(58.5)	(53.9)	(39.8)	(17.6)	(27.6)	(26.3)	(15.9)	(12.4)	(31.0)	(0.5)	(8.6)	(9.7)	(6.4)	2.1	(7.2)	(5.2)	(1.0)	(0.4)	(29.4)	(21.3)	(17.4)	(14.2)	(12.1)	(10.2)	(8.6)	(7.1)	(5.8)	(5.0)	(2.8)	(2.1)	(1.7)
Total Equity	834.2	745.5	785.4	709.0	710.5	662.3	631.4	580.6	585.1	581.3	606.3	607.0	573.1	586.6	576.5	531.7	505.0	440.4	453.0	448.0	433.5	386.9	283.6	230.6	211.3	182.2	162.7	158.6	75.0	43.1	37.5	38.7	34.0	12.8	10.3	10.9	10.1	3.9
Total Liabilities and Equity	2 300.0	2 297.6	1 766.0	1 751.7	1 775.1	1 369.1	1 358.0	1 329.0	1 112.9	1 098.2	1 090.5	1 084.5	935.6	985.8	957.5	931.7	894.0	861.6	903.8	872.8	805.1	742.1	701.6	679.6	662.2	628.8	561.6	170.1	119.4	62.1	57.3	41.9	38.3	22.2	21.9	13.5	13.0	6.4
SHARES OUTSTANDING
Common Shares Outstanding	30.7	30.0	29.2	28.6	28.3	28.1	27.9	27.8	27.7	27.4	27.7	28.3	28.2	28.7	29.1	28.8	28.4	27.8	29.4	29.6	28.9	27.3	23.9	23.0	22.9	22.6	22.6	21.1	17.0	13.5	13.1	14.6	12.7	9.7	11.2	10.0	7.9	7.0

Balance Sheet

Premium Plan

Unlimited Plan