Avnet, Inc. (AVT) financial statements (2020 and earlier)

Company profile

Business Address 2211 SOUTH 47TH STREET
PHOENIX, AZ 85034
State of Incorp. NY
Fiscal Year End June 30
SIC 5065 - Electronic Parts and Equipment, Not Elsewhere Classified (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
TTM
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
6/30/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4895466211,1181,031933929
Cash and cash equivalents4895466218361,031933929
Short-term investments   281   
Receivables2,9783,1683,6413,3384,9755,0545,221
Inventory, net of allowances, customer advances and progress billings2,9093,0083,1422,8252,8562,4822,613
Inventory2,9093,0083,1422,8252,8562,4822,613
Other current assets      191
Other undisclosed current assets161153207254141173 
Total current assets:6,5376,8767,6117,5349,0048,6428,954
Noncurrent Assets
Operating lease, right-of-use asset274
Property, plant and equipment431452523520613569535
Intangible assets, net (including goodwill)1,0351,0201,2011,4261,3601,3781,533
Goodwill9168779811,1481,2811,2791,348
Intangible assets, net (excluding goodwill)11914422027778100184
Other noncurrent assets248216263221264211234
Total noncurrent assets:1,9891,6881,9862,1662,2362,1582,301
TOTAL ASSETS:8,5258,5659,5979,70011,24010,80011,256
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,2012,2782,8042,4043,7904,2874,155
Accounts payable1,8021,8642,2691,8623,2343,3383,402
Accrued liabilities398414535542556603711
Employee-related liabilities     29641
Taxes payable     28 
Interest and dividends payable     22 
Debt544301165501,153331865
Restructuring reserve     26
Other undisclosed current liabilities     (372)(41)
Total current liabilities:2,7452,5792,9692,4544,9424,2724,979
Noncurrent Liabilities
Long-term debt and lease obligation1,4391,4201,4891,7291,3391,6471,214
Long-term debt, excluding current maturities1,1941,4201,4891,7291,3391,6471,214
Operating lease, liability245
Liabilities, other than long-term debt384426453335267196173
Other liabilities384426453335267196173
Total noncurrent liabilities:1,8231,8461,9422,0641,6061,8431,386
Total liabilities:4,5684,4244,9124,5186,5496,1156,365
Stockholders' equity
Stockholders' equity attributable to parent3,9574,1404,6855,1824,6914,6854,890
Common stock99104116123127135138
Treasury stock, value    (0)(0)(1)
Additional paid in capital1,5881,5731,5291,5031,4531,4081,356
Accumulated other comprehensive income (loss)(306)(304)(195)(244)(521)(441)140
Retained earnings2,5762,7673,2363,7993,6323,5833,257
Total stockholders' equity:3,9574,1404,6855,1824,6914,6854,890
TOTAL LIABILITIES AND EQUITY:8,5258,5659,5979,70011,24010,80011,256

Income statement (P&L) ($ in millions)

12/31/2019
TTM
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
6/30/2014
Revenues18,54519,51919,03717,44026,21927,92527,500
Revenue, net19,03717,44026,21927,92527,500
Cost of revenue(16,256)(17,032)(16,510)(15,071)(23,182)(24,732)(24,274)
Gross profit:2,2892,4862,5272,3693,0383,1933,226
Operating expenses(1,987)(2,012)(2,152)(1,771)(2,171)(2,501)(2,474)
Other undisclosed operating income (loss)(70)(108)(145)(137)(79)13538
Operating income:232366231461788828790
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
151117(44)(18)(19)(6)
Interest and debt expense(139)(135)(103)(107)(99)(96)(105)
Other undisclosed income from continuing operations before equity method investments, income taxes      22
Income from continuing operations before income taxes:109242145310671713701
Income tax expense(2)(62)(288)(47)(164)(141)(156)
Income (loss) from continuing operations:107180(143)263507572546
Income (loss) from discontinued operations(5)(4)(14)262   
Net income (loss) available to common stockholders, diluted:102176(156)525507572546

Comprehensive Income ($ in millions)

12/31/2019
TTM
6/30/2019
6/30/2018
6/30/2017
6/30/2016
6/30/2015
6/30/2014
Net income (loss):102176(156)525507572546
Other comprehensive income (loss) 69(32)1218 
Other undisclosed comprehensive income69      
Comprehensive income (loss):171246(189)526528579546
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(129)(178)81276(101)(588)111
Comprehensive income (loss), net of tax, attributable to parent:4268(108)802427(9)656

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: