IPG Photonics Corp
NASDAQ:IPGP
Balance Sheet
Balance Sheet Decomposition
IPG Photonics Corp
Current Assets | 1.8B |
Cash & Short-Term Investments | 1.1B |
Receivables | 195m |
Other Current Assets | 494.5m |
Non-Current Assets | 768.8m |
PP&E | 585.8m |
Intangibles | 63.2m |
Other Non-Current Assets | 119.9m |
Current Liabilities | 192.1m |
Accounts Payable | 26.7m |
Accrued Liabilities | 85.8m |
Other Current Liabilities | 79.6m |
Non-Current Liabilities | 65.6m |
Other Non-Current Liabilities | 65.6m |
Balance Sheet
IPG Photonics Corp
Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||
Cash & Cash Equivalents |
522
|
583
|
624
|
910
|
544
|
680
|
876
|
709
|
698
|
515
|
|
Cash Equivalents |
522
|
583
|
624
|
910
|
544
|
680
|
876
|
709
|
698
|
515
|
|
Short-Term Investments |
0
|
107
|
207
|
206
|
500
|
503
|
515
|
805
|
479
|
663
|
|
Total Receivables |
143
|
151
|
156
|
237
|
256
|
239
|
264
|
272
|
220
|
228
|
|
Accounts Receivables |
143
|
151
|
156
|
237
|
256
|
239
|
264
|
272
|
220
|
228
|
|
Other Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Inventory |
171
|
204
|
239
|
308
|
404
|
381
|
365
|
461
|
509
|
454
|
|
Other Current Assets |
58
|
59
|
75
|
93
|
102
|
95
|
128
|
101
|
79
|
55
|
|
Total Current Assets |
894
|
1 103
|
1 301
|
1 754
|
1 805
|
1 897
|
2 148
|
2 348
|
1 986
|
1 915
|
|
PP&E Net |
275
|
289
|
379
|
460
|
543
|
624
|
619
|
657
|
596
|
616
|
|
PP&E Gross |
275
|
289
|
379
|
460
|
543
|
624
|
619
|
657
|
596
|
616
|
|
Accumulated Depreciation |
164
|
187
|
227
|
284
|
336
|
409
|
488
|
547
|
508
|
554
|
|
Intangible Assets |
9
|
12
|
29
|
51
|
87
|
74
|
62
|
53
|
34
|
26
|
|
Goodwill |
1
|
1
|
20
|
56
|
101
|
82
|
41
|
39
|
38
|
39
|
|
Other Long-Term Assets |
32
|
50
|
61
|
46
|
38
|
54
|
65
|
75
|
88
|
103
|
|
Other Assets |
1
|
1
|
20
|
56
|
101
|
82
|
41
|
39
|
38
|
39
|
|
Total Assets |
1 211
N/A
|
1 453
+20%
|
1 790
+23%
|
2 367
+32%
|
2 575
+9%
|
2 730
+6%
|
2 936
+8%
|
3 171
+8%
|
2 743
-13%
|
2 699
-2%
|
|
Liabilities | |||||||||||
Accounts Payable |
17
|
26
|
28
|
35
|
36
|
27
|
26
|
56
|
46
|
29
|
|
Accrued Liabilities |
41
|
49
|
60
|
88
|
83
|
77
|
93
|
127
|
112
|
99
|
|
Short-Term Debt |
3
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Current Portion of Long-Term Debt |
13
|
2
|
3
|
4
|
4
|
4
|
4
|
18
|
16
|
0
|
|
Other Current Liabilities |
48
|
65
|
68
|
72
|
123
|
84
|
92
|
113
|
100
|
87
|
|
Total Current Liabilities |
122
|
142
|
158
|
199
|
246
|
192
|
215
|
313
|
275
|
215
|
|
Long-Term Debt |
20
|
18
|
38
|
45
|
42
|
38
|
34
|
16
|
0
|
0
|
|
Deferred Income Tax |
23
|
33
|
36
|
101
|
81
|
78
|
74
|
73
|
63
|
2
|
|
Minority Interest |
0
|
1
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
|
Other Liabilities |
0
|
0
|
0
|
0
|
0
|
20
|
18
|
21
|
20
|
67
|
|
Total Liabilities |
164
N/A
|
194
+18%
|
232
+20%
|
345
+48%
|
369
+7%
|
329
-11%
|
343
+4%
|
424
+24%
|
358
-16%
|
284
-21%
|
|
Equity | |||||||||||
Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Retained Earnings |
591
|
833
|
1 094
|
1 444
|
1 849
|
2 029
|
2 188
|
2 467
|
2 577
|
2 795
|
|
Additional Paid In Capital |
568
|
608
|
651
|
705
|
745
|
786
|
854
|
908
|
951
|
994
|
|
Unrealized Security Profit/Loss |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Treasury Stock |
0
|
0
|
9
|
49
|
225
|
266
|
304
|
439
|
938
|
1 162
|
|
Other Equity |
112
|
182
|
178
|
77
|
163
|
147
|
146
|
190
|
205
|
213
|
|
Total Equity |
1 047
N/A
|
1 260
+20%
|
1 558
+24%
|
2 022
+30%
|
2 206
+9%
|
2 402
+9%
|
2 593
+8%
|
2 747
+6%
|
2 385
-13%
|
2 415
+1%
|
|
Total Liabilities & Equity |
1 211
N/A
|
1 453
+20%
|
1 790
+23%
|
2 367
+32%
|
2 575
+9%
|
2 730
+6%
|
2 936
+8%
|
3 171
+8%
|
2 743
-13%
|
2 699
-2%
|
|
Shares Outstanding | |||||||||||
Common Shares Outstanding |
52
|
53
|
53
|
54
|
53
|
53
|
53
|
53
|
48
|
46
|