ViaSat, Inc. (VSAT) financial statements (2021 and earlier)

Company profile

Business Address 6155 EL CAMINO REAL
CARLSBAD, CA 92009
State of Incorp. DE
Fiscal Year End March 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)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4826271130425258
Cash and cash equivalents4826271130425258
Receivables316300268264287266272
Inventory, net of allowances, customer advances and progress billings283235196163145128120
Inventory283235196163145128120
Prepaid expense84726952444041
Deferred tax assets    57 
Other current assets181896653
Other undisclosed current assets      38
Total current assets:750887613615523549532
Noncurrent Assets
Operating lease, right-of-use asset313
Property, plant and equipment2,513     221
Intangible assets, net (including goodwill)138144153162151160119
Goodwill12212212112011711784
Intangible assets, net (excluding goodwill)16223242344235
Other noncurrent assets800759686529347270257
Deferred tax assets, net    76 
Other undisclosed noncurrent assets 2,1251,9621,6491,3851,104832
Total noncurrent assets:3,7633,0282,8022,3401,8831,6101,428
TOTAL ASSETS:4,5143,9153,4142,9552,4062,1581,960
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities300466421326280296297
Accounts payable152157157100967799
Accrued liabilities88308264225184191174
Employee-related liabilities59    2824
Deferred revenue120
Debt302045  02
Deferred revenue and credits   8470
Other undisclosed current liabilities88    (112)(94)
Total current liabilities:538485466326280268275
Noncurrent Liabilities
Long-term debt and lease obligation1,5431,393978848954806690
Long-term debt, excluding current maturities1,2851,393978848954806690
Operating lease, liability289
Other undisclosed long-term debt and lease obligation(31)      
Liabilities, other than long-term debt, including:11812112143376070
Deferred revenue and credits9215141320
Accounts payable and accrued liabilities422346 
Deferred revenue83
Contract with customer, liability71
Deferred rent credit 17
Deferred tax liabilities, net 12001
Other liabilities6693 4049
Other undisclosed liabilities, other than long-term debt2525181920  
Other undisclosed noncurrent liabilities289    (20)(21)
Total noncurrent liabilities:1,9501,5141,100891991846739
Total liabilities:2,4881,9991,5661,2171,2711,1151,013
Stockholders' equity
Stockholders' equity attributable to parent2,0061,9081,8371,7351,1291,039941
Common stock0000000
Treasury stock, value      (49)
Additional paid in capital1,7631,6571,5361,440855786776
Accumulated other comprehensive income (loss)(1)516(3)002
Retained earnings244246286297274252212
Stockholders' equity attributable to noncontrolling interest198113556
Total stockholders' equity:2,0251,9161,8481,7381,1341,044947
TOTAL LIABILITIES AND EQUITY:4,5143,9153,4142,9552,4062,1581,960

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

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
Revenues2,2752,0681,5951,5591,4171,3831,351
Revenue, net1,5951,5591,4171,3831,351
Cost of revenue
(Cost of Goods and Services Sold)
  (1,121)(1,049)(984)(965)(995)
Gross profit:2,2752,068474510433418357
Operating expenses(636)(582)(554)(463)(376)(393)(402)
Other undisclosed operating income (loss)(1,605)(1,547)(12)(11)(16)5948
Operating income (loss):34(61)(92)3641833
Nonoperating income
(Investment Income, Nonoperating)
      0
Interest and debt expense(40)(50)(14)(12)(26)(31)(38)
Income (loss) from continuing operations before equity method investments, income taxes:(6)(111)(106)241552(35)
Other undisclosed income from continuing operations before income taxes201122 
Income (loss) from continuing operations before income taxes:(4)(110)(105)251854(35)
Income tax expense (benefit)144135(4)4(14)26
Income (loss) before gain (loss) on sale of properties:10(69)(70)222240(9)
Other undisclosed net income532    
Net income (loss):14(66)(68)222240(9)
Net income (loss) attributable to noncontrolling interest(14)(1)12(0)0(1)
Net income (loss) available to common stockholders, diluted:1(68)(67)242240(9)

Comprehensive Income ($ in millions)

12/31/2019
TTM
3/31/2019
3/31/2018
3/31/2017
3/31/2016
3/31/2015
3/31/2014
Net income (loss):14(66)(68)222240(9)
Other comprehensive income (loss)(8)(10)16(3)(0)(2)2
Comprehensive income (loss):7(77)(52)192238(7)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(14)(1)12(0)01
Other undisclosed comprehensive loss, net of tax, attributable to parent      (2)
Comprehensive income (loss), net of tax, attributable to parent:(7)(78)(51)212238(8)

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.

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