Bio-Techne Corp (TECH) financial statements (2021 and earlier)

Company profile

Business Address 614 MCKINLEY PL N E
MINNEAPOLIS, MN 55413
State of Incorp. MN
Fiscal Year End June 30
SIC 2836 - Biological Products, Except Diagnostic Substances (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
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments11010112215896
Cash and cash equivalents1101011229264
Short-term investments   6632
Receivables11213712011793
Inventory, net of allowances, customer advances and progress billings9591866057
Inventory9591866057
Other current assets141811138
Other undisclosed current assets1346560  
Total current assets:465413398348254
Noncurrent Assets
Operating lease, right-of-use asset76
Property, plant and equipment164154145135132
Intangible assets, net (including goodwill)1,2841,3121,0441,031741
Goodwill734733598579431
Intangible assets, net (excluding goodwill)550579446452311
Other noncurrent assets965442
Total noncurrent assets:1,5331,4721,1951,210876
TOTAL ASSETS:1,9981,8841,5931,5581,130
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities6177726446
Accounts payable1916181721
Accrued liabilities112621198
Employee-related liabilities1929242715
Taxes payable136922
Deferred revenue129
Debt2213   
Due to related parties    4
Business combination, contingent consideration, liability103 65 
Deferred revenue and credits 65
Other undisclosed current liabilities  7  
Total current liabilities:1051028013654
Noncurrent Liabilities
Long-term debt and lease obligation, including:37049333934492
Operating lease, liability72
Other undisclosed long-term debt and lease obligation29949333934492
Liabilities, other than long-term debt233496129105
Deferred tax liabilities, net 8612163
Other liabilities2125953
Business combination, contingent consideration, liability39 339
Total noncurrent liabilities:394527435473196
Total liabilities:499629514609250
Stockholders' equity
Stockholders' equity attributable to parent1,3231,1661,079950879
Common stock00000
Additional paid in capital363317247199179
Accumulated other comprehensive loss(78)(84)(45)(49)(70)
Retained earnings1,039932877799771
Total stockholders' equity:1,3231,1661,079950879
Other undisclosed liabilities and equity17690   
TOTAL LIABILITIES AND EQUITY:1,9981,8841,5931,5581,130

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

12/31/2019
TTM
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Revenues752714643563499
Revenue, net 563499
Cost of revenue
(Cost of Goods and Services Sold)
(255)(241)(211)(188)(162)
Gross profit:496473432375337
Operating expenses(339)(327)(296)(254)(186)
Operating income:157147136121151
Nonoperating income (expense)57(35)(10)(9)(3)
Other nonoperating income (expense)77(14)(0)(2)(2)
Interest and debt expense(21)(22)(10)(7)(2)
Income from continuing operations before equity method investments, income taxes:19290116105146
Other undisclosed income from continuing operations before income taxes21221072
Income from continuing operations before income taxes:214112126112147
Income tax expense (benefit)(47)(16)0(36)(43)
Net income:1679612676104
Other undisclosed net loss attributable to parent(0)(0)   
Net income attributable to parent:1679612676104
Undistributed earnings (loss) allocated to participating securities, basic(0)(0)(0)
Net income available to common stockholders, diluted:1679612676104

Comprehensive Income ($ in millions)

12/31/2019
TTM
6/30/2019
6/30/2018
6/30/2017
6/30/2016
Net income:1679612676104
Other comprehensive income (loss)   21(40)
Comprehensive income:167961269865
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(3)(14)4  
Comprehensive income, net of tax, attributable to parent:164821309865

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: