Comtech Telecommunications Corp. (CMTL) financial statements (2021 and earlier)

Company profile

Business Address 68 SOUTH SERVICE ROAD
MELVILLE, NY 11747
State of Incorp. DE
Fiscal Year End July 31
SIC 3663 - Radio and Television Broadcasting and Communications Equipment (benchmarking)
More info Complete financial analysis Financial benchmarking

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

1/31/2021
TTM
7/31/2020
7/31/2019
7/31/2018
7/31/2017
7/31/2016
7/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments314846434267151
Cash and cash equivalents314846434267151
Receivables15012714514712515169
Inventory, net of allowances, customer advances and progress billings82827575617162
Inventory82827575617162
Other undisclosed current assets19201514141518
Total current assets:282277280280241304301
Noncurrent Assets
Operating lease, right-of-use asset5130 
Property, plant and equipment26272829333915
Intangible assets, net (including goodwill)582589572531553572157
Goodwill334331310291291288137
Intangible assets, net (excluding goodwill)24825826224126228520
Other noncurrent assets4543330
Other undisclosed noncurrent assets223233 
Total noncurrent assets:665653607565591618173
TOTAL ASSETS:947930888845832921474
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities12111110611210114062
Accounts payable39232444293316
Accrued liabilities79857965699829
Employee-related liabilities      12
Interest and dividends payable3333385
Deferred revenue5040 
Debt 01191815 
Restructuring reserve   0  1
Customer advances and deposits263014
Contract with customer, liability39 
Other undisclosed current liabilities98 34  (13)
Total current liabilities:18016014516514418464
Noncurrent Liabilities
Long-term debt and lease obligation253174165149178244 
Long-term debt, excluding current maturities208150165148176240 
Capital lease obligations124 
Operating lease, liability4524 
Liabilities, other than long-term debt5047307302311
Customer advances or deposits76 
Accounts payable and accrued liabilities2203332
Deferred revenue1510 
Contract with customer, liability11 
Deferred tax liabilities, net 17103
Deferred income tax liabilities1618 
Restructuring reserve      3
Other liabilities1718194344
Other undisclosed noncurrent liabilities  1219  (3)
Total noncurrent liabilities:3042212071742082678
Total liabilities:48338035333935245172
Stockholders' equity
Stockholders' equity attributable to parent463549535506480470401
Common stock4444443
Treasury stock, value(442)(442)(442)(442)(442)(442)(442)
Additional paid in capital571570553538533525427
Retained earnings330417420405385384413
Total stockholders' equity:463549535506480470401
TOTAL LIABILITIES AND EQUITY:947930888845832921474

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

1/31/2021
TTM
7/31/2020
7/31/2019
7/31/2018
7/31/2017
7/31/2016
7/31/2015
Revenues581617672571550411307
Revenue, net550411307
Cost of revenue(373)(390)(424)(347)(332)(240)(168)
Gross profit:209227247224218171139
Operating expenses(289)(212)(206)(189)(181)(172)(105)
Operating income (loss):(81)15413537(1)34
Nonoperating income
(Investment Income, Nonoperating)
    000
Interest and debt expense(6)(6)(12)(10)(12)(8)(0)
Income (loss) from continuing operations before equity method investments, income taxes:(87)9292525(8)34
Other undisclosed income (loss) from continuing operations before income taxes00(0)(0)   
Income (loss) from continuing operations before income taxes:(87)9292525(8)34
Income tax expense (benefit)2(2)(4)5(10)0(11)
Net income (loss) available to common stockholders, diluted:(84)7253016(8)23

Comprehensive Income ($ in millions)

1/31/2021
TTM
7/31/2020
7/31/2019
7/31/2018
7/31/2017
7/31/2016
7/31/2015
Net income (loss):(84)7253016(8)23
Comprehensive income (loss), net of tax, attributable to parent:(84)7253016(8)23

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: