IDT Corporation (IDT) financial statements (2022 and earlier)

Company profile

Business Address 520 BROAD ST
NEWARK, NJ 07102
State of Incorp. DE
Fiscal Year End July 31
SIC 4813 - Telephone Communications, Except Radiotelephone (benchmarking)
More info Complete financial analysis Financial benchmarking

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

1/31/2022
TTM
7/31/2021
7/31/2020
7/31/2019
7/31/2018
7/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments148164 8874149
Cash and cash equivalents104107 806890
Short-term investments4456 8658
Restricted cash and investments116120 177  
Receivables5347 586965
Prepaid expense1714 202015
Capitalized contract cost43   
Disposal group, including discontinued operation    137124
Other current assets2317 252919
Other undisclosed current assets2524    
Total current assets:387388 368329371
Noncurrent Assets
Operating lease, right-of-use asset78  
Property, plant and equipment3231 343689
Long-term investments and receivables812 9727
Long-term investments812 9727
Intangible assets, net (including goodwill)2222 151112
Goodwill1515 111111
Intangible assets, net (excluding goodwill)78 4 1
Disposal group, including discontinued operation, noncurrent assets    65
Deferred income tax assets4042  
Other noncurrent assets1010 1254
Other undisclosed noncurrent assets   5611
Total noncurrent assets:119125 7571148
TOTAL ASSETS:506513 444400519
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities146154 165175166
Accounts payable2425 374541
Accrued liabilities122129 128130125
Deferred revenue4142 42
Disposal group, including discontinued operation    129115
Deferred revenue and credits76
Other liabilities3128 785
Other undisclosed current liabilities110116 17555 
Total current liabilities:327339 389367363
Noncurrent Liabilities
Long-term debt and lease obligation55    
Operating lease, liability55  
Liabilities, other than long-term debt01 112
Disposal group, including discontinued operation, liabilities    11
Other liabilities01 111
Total noncurrent liabilities:57 112
Total liabilities:333346 390368364
Temporary equity, carrying amount10     
Stockholders' equity
Stockholders' equity attributable to parent, including:161165 5631146
Treasury stock, value(69)(60) (52)(86)(83)
Additional paid in capital279278 273294394
Accumulated other comprehensive loss(11)(10) (5)(5)(2)
Accumulated deficit(38)(43) (161)(173)(163)
Other undisclosed stockholders' equity attributable to parent00 000
Stockholders' equity attributable to noncontrolling interest22 (3)19
Total stockholders' equity:163167 5431155
TOTAL LIABILITIES AND EQUITY:506513 444400519

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

1/31/2022
TTM
7/31/2021
7/31/2020
7/31/2019
7/31/2018
7/31/2017
Revenues1,4711,447 1,4091,5471,502
Cost of revenue    (1,306)(1,276)
Gross profit:1,4711,447 1,409241226
Operating expenses(1,412)(1,391) (1,402)(1,537)(1,486)
Other operating income (expense), net(1)1 (8)  
Other undisclosed operating income    1,3041,265
Operating income (loss):5857 (1)86
Nonoperating income (expense)(13)8 1(1)1
Investment income, nonoperating(12)9 2(0)0
Foreign currency transaction gain (loss), before tax(0)1 (1)(2)0
Other nonoperating income (expense) (1) (0)1(0)
Income (loss) from continuing operations before equity method investments, income taxes:4565 (0)76
Other undisclosed income from continuing operations before income taxes00 111
Income from continuing operations before income taxes:4665 088
Income tax expense (benefit)3532 (0)(3)2
Net income:8197 0510
Net loss attributable to noncontrolling interest(1)(0) (0)(1)(1)
Net income available to common stockholders, diluted:8096 048

Comprehensive Income ($ in millions)

1/31/2022
TTM
7/31/2021
7/31/2020
7/31/2019
7/31/2018
7/31/2017
Net income:8197 0510
Other comprehensive income (loss)(2)(3) 0(0)1
Comprehensive income:7994 0511
Comprehensive loss, net of tax, attributable to noncontrolling interest(1)(0) (0)(1)(1)
Comprehensive income, net of tax, attributable to parent:7894 0410

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: