The company maintains a disciplined financial profile with a debt-to-equity ratio of 0.17 and a robust current ratio of 2.52, providing significant flexibility despite an increase in goodwill to $208.7M.
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'04 | Dec'03 | Dec'02 | Dec'01 | Dec'00 | Dec'99 | Dec'98 | Dec'97 | Dec'96 |
|---|
| Total Current Assets | 266.01M | 252.71M | 244.28M | 319.35M | 325.76M | 289.09M | 233.23M | 237.48M | 239.36M | 233.61M | 215.71M | 251.98M | 240.4M | 236.27M | 309.56M | 283.39M | 266.65M | 193.74M | 225.84M | 250.84M | 227.62M | 180.67M | 204.15M | 164.77M | 152.33M | 200.67M | 305.7M | 254.3M | 118.6M | 185.7M | 138.2M |
| Cash & Short-Term Investments | 90.85M | 82.3M | 94.33M | 163.88M | 156.91M | 141.47M | 91.77M | 100.24M | 100.93M | 113.57M | 113.81M | 156.93M | 134.51M | 124.37M | 109.57M | 76.41M | 73.31M | 51.17M | 44.63M | 52.87M | 38.63M | 12.03M | 61.01M | 25.35M | 9.22M | 13.26M | 20.56M | 24.2M | 16.3M | 39.8M | 45M |
| Cash Only | 90.85M | 82.3M | 94.33M | 163.88M | 156.91M | 141.47M | 91.77M | 100.24M | 100.93M | 113.57M | 113.81M | 156.93M | 134.51M | 124.37M | 109.57M | 76.41M | 73.31M | 51.17M | 44.63M | 52.87M | 38.63M | 12.03M | 61.01M | 25.35M | 9.22M | 13.26M | 20.56M | 24.2M | 16.3M | 39.8M | 45M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 99.16M | 88.1M | 77.65M | 78.57M | 90.94M | 82.19M | 80.98M | 78.01M | 79.52M | 70.58M | 62.61M | 54.56M | 56.89M | 62.67M | 89.34M | 88.34M | 95.93M | 71.72M | 94.17M | 100.66M | 106.01M | 91.27M | 84.11M | 72.29M | 63.8M | 81.56M | 145.92M | 124.7M | 47M | 51.3M | 44M |
| Days Sales Outstanding | 59.31 | 59.31 | 54.98 | 52.09 | 56.56 | 58.49 | 69.68 | 60.71 | 61.74 | 60.84 | 57.59 | 52.09 | 51.4 | 55.86 | 56.52 | 54.79 | 63.36 | 52.46 | 49.69 | 53.56 | 59.02 | 53.95 | 57.78 | 56.99 | 50.87 | 51.54 | 61.47 | 67.22 | 46.31 | 45.1 | 49.98 |
| Inventory | 57.27M | 52.85M | 53.58M | 60.03M | 62.26M | 49.51M | 45.87M | 42.24M | 43.49M | 36.6M | 28.65M | 24.6M | 27.89M | 32.23M | 82.58M | 92.54M | 76.89M | 54.35M | 70.87M | 73.78M | 60.54M | 60.56M | 42.73M | 31.93M | 36.26M | 50.15M | 104.32M | 78.9M | 33.3M | 56M | 38.8M |
| Days Inventory Outstanding | 59.32 | 57.86 | 59.74 | 60.47 | 60.24 | 54.81 | 58.9 | 49.37 | 52.65 | 47.36 | 40.79 | 35.27 | 37.41 | 40.83 | 63.38 | 70.57 | 64.85 | 49.58 | 46.66 | 48.69 | 41.32 | 44.45 | 37 | 31.81 | 36.09 | 39.25 | 67.21 | 65.27 | 51.37 | 72.33 | 63.99 |
| Other Current Assets | 18.73M | 29.46M | 18.72M | 16.87M | 15.65M | 15.93M | 14.61M | 16.99M | 15.42M | 12.86M | 10.64M | 9.86M | 21.11M | 17.01M | 28.63M | 26.09M | 20.52M | 16.5M | 16.17M | 23.54M | 22.43M | 16.27M | 16.3M | 35.2M | 43.05M | 55.71M | 34.9M | 26.5M | 22M | 21.2M | 10.4M |
| Total Non-Current Assets | 511.14M | 511.61M | 521.84M | 421.82M | 422.73M | 375.37M | 392.82M | 405.88M | 308.98M | 304.08M | 301.99M | 232.15M | 216.53M | 244M | 251.5M | 197.43M | 215.93M | 213.92M | 262.61M | 292.85M | 300.21M | 353.26M | 318.03M | 317.48M | 337.7M | 367.26M | 367.23M | 268.4M | 174.6M | 143.9M | 111.2M |
| Property, Plant & Equipment | 119.13M | 112.28M | 117.3M | 119.02M | 120M | 118.47M | 120.72M | 129.68M | 99.4M | 88.25M | 82.11M | 69.87M | 71.41M | 74.87M | 95.74M | 84.86M | 78.21M | 81.12M | 90.76M | 92.83M | 96.47M | 109.68M | 112.5M | 122.48M | 148.63M | 191.96M | 224.86M | 139.7M | 67.2M | 76M | 56.1M |
| Fixed Asset Turnover | 4.82x | 4.83x | 4.40x | 4.63x | 4.89x | 4.33x | 3.51x | 3.62x | 4.73x | 4.80x | 4.83x | 5.47x | 5.66x | 5.47x | 6.03x | 6.94x | 7.07x | 6.15x | 7.62x | 7.39x | 6.80x | 5.63x | 4.72x | 3.78x | 3.08x | 3.01x | 3.85x | 4.85x | 5.51x | 5.46x | 5.73x |
| Goodwill | 208.66M | 209.61M | 199.89M | 157.64M | 152.36M | 109.8M | 109.5M | 106.06M | 71.06M | 69.05M | 61.74M | 33.87M | 32.05M | 32.05M | 36.35M | 500K | 500K | 500K | 33.15M | 24.66M | 24.66M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 148.63M | 153.56M | 163.88M | 103.96M | 108.05M | 69.89M | 79.12M | 85.22M | 60.18M | 66.94M | 64.37M | 34.76M | 36.59M | 40.78M | 46.9M | 29.89M | 31.43M | 33.94M | 36.93M | 36.74M | 39.15M | 67M | 35.15M | 37.46M | 39.92M | 63.59M | -10.57M | 53.3M | 0 | 0 | 4M |
| Long-Term Investments | 568K | 0 | 711K | 706K | 1.43M | 49.38M | 56.64M | 62.08M | 54.1M | 57.05M | 46.18M | 33.78M | 32.1M | -111.45M | -156.41M | -106.59M | 44.08M | 29.37M | -152.17M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 10.09M | 11.04M | 12.47M | 15.32M | 17.42M | 2.42M | 2.59M | 3.05M | 2.04M | 2.1M | 1.74M | 1.34M | 1.25M | 169.13M | 155.77M | 112.57M | 1.75M | 660K | 171.86M | 108.39M | 102.53M | 154.57M | 147.17M | 157.55M | 149.14M | 111.71M | 152.94M | 75.4M | 107.4M | 67.9M | 51.1M |
| Total Assets | 777.15M | 764.31M | 766.11M | 741.17M | 748.49M | 664.46M | 626.05M | 643.35M | 548.34M | 537.68M | 517.7M | 484.13M | 456.93M | 480.26M | 561.07M | 480.81M | 482.58M | 407.66M | 488.45M | 543.69M | 527.83M | 533.94M | 522.18M | 482.25M | 490.03M | 567.93M | 672.93M | 522.7M | 293.2M | 329.6M | 249.4M |
| Asset Turnover | 0.71x | 0.71x | 0.67x | 0.74x | 0.78x | 0.77x | 0.68x | 0.73x | 0.86x | 0.79x | 0.77x | 0.79x | 0.88x | 0.85x | 1.03x | 1.22x | 1.15x | 1.22x | 1.42x | 1.26x | 1.24x | 1.16x | 1.02x | 0.96x | 0.93x | 1.02x | 1.29x | 1.30x | 1.26x | 1.26x | 1.29x |
| Asset Growth % | 9.55% | -0.24% | 3.37% | -0.98% | 12.65% | 6.14% | -2.69% | 17.33% | 1.98% | 3.86% | 6.93% | 5.95% | -4.86% | -14.4% | 16.69% | -0.37% | 18.38% | -16.54% | -10.16% | 3% | -1.14% | 2.25% | 8.28% | -1.59% | -13.72% | -15.6% | 28.74% | 78.27% | -11.04% | 32.16% | 9.82% |
| Total Current Liabilities | 105.41M | 109.69M | 97.55M | 97.04M | 112.53M | 114.07M | 104.93M | 96.95M | 103.99M | 102.41M | 98.13M | 101.35M | 79.98M | 94.95M | 114.92M | 124.24M | 120.1M | 90.52M | 113.24M | 128.92M | 125.68M | 119.93M | 102.96M | 95.69M | 134.56M | 153.86M | 202.89M | 154.5M | 82.4M | 92.4M | 51.4M |
| Accounts Payable | 50.33M | 48.22M | 42.63M | 43.5M | 53.21M | 55.54M | 50.49M | 48.22M | 51.98M | 49.2M | 40.05M | 40.3M | 43.34M | 47.05M | 67.97M | 80.47M | 75.38M | 52.34M | 71.28M | 84.22M | 78.2M | 68.72M | 55.61M | 52.25M | 44.49M | 50.84M | 100.39M | 68.3M | 17.4M | 22.6M | 17.1M |
| Days Payables Outstanding | 51.93 | 52.79 | 47.53 | 43.82 | 51.48 | 61.48 | 64.83 | 56.36 | 62.93 | 63.67 | 57.02 | 57.78 | 58.14 | 59.61 | 52.17 | 61.36 | 63.58 | 47.75 | 46.94 | 55.58 | 53.38 | 50.44 | 48.15 | 52.07 | 44.27 | 39.79 | 64.69 | 56.5 | 26.84 | 29.19 | 28.2 |
| Short-Term Debt | 4.1M | 20.73M | 4.72M | 4.39M | 3.94M | 3.39M | 3.29M | 2.79M | 0 | 0 | 1.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1M | 5.61M | 13.46M | 3.31M | 0 | 28.35M | 27.5M | 17.4M | 5M | 14M | 5.5M | 2.4M |
| Deferred Revenue (Current) | 4.42M | 0 | 2.11M | 2.17M | 2.84M | 3.25M | 3.81M | 4.95M | 3.64M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 26.66M | 37.28M | 26.92M | 25.5M | 22.86M | 26.7M | 27.04M | 23.53M | 26.8M | 35.87M | 35.88M | 38.33M | 22.01M | 24.58M | 30.48M | 24.84M | 0 | 0 | 21.05M | 22.82M | 22.86M | 22.64M | 21.73M | 9.78M | 0 | 0 | 85.1M | 81.2M | 51M | 64.3M | 31.9M |
| Current Ratio | 2.52x | 2.30x | 2.50x | 3.29x | 2.89x | 2.53x | 2.22x | 2.45x | 2.30x | 2.28x | 2.20x | 2.49x | 3.01x | 2.49x | 2.69x | 2.28x | 2.22x | 2.14x | 1.99x | 1.95x | 1.81x | 1.51x | 1.98x | 1.72x | 1.13x | 1.30x | 1.51x | 1.65x | 1.44x | 2.01x | 2.69x |
| Quick Ratio | 1.98x | 1.82x | 1.95x | 2.67x | 2.34x | 2.10x | 1.79x | 2.01x | 1.88x | 1.92x | 1.91x | 2.24x | 2.66x | 2.15x | 1.98x | 1.54x | 1.58x | 1.54x | 1.37x | 1.37x | 1.33x | 1.00x | 1.57x | 1.39x | 0.86x | 0.98x | 0.99x | 1.14x | 1.04x | 1.40x | 1.93x |
| Cash Conversion Cycle | 66.7 | 64.38 | 67.18 | 68.74 | 65.31 | 51.81 | 63.75 | 53.72 | 51.46 | 44.53 | 41.37 | 29.58 | 30.67 | 37.08 | 67.73 | 64 | 64.62 | 54.29 | 49.42 | 46.67 | 46.97 | 47.96 | 46.63 | 36.73 | 42.68 | 50.99 | 63.99 | 75.99 | 70.84 | 88.24 | 85.78 |
| Total Non-Current Liabilities | 114.27M | 102.84M | 137.71M | 117.31M | 129.73M | 86.82M | 97.43M | 141.19M | 66.42M | 93.48M | 101.69M | 107.1M | 87.16M | 88.42M | 178.39M | 93.28M | 88.23M | 69.69M | 98.04M | 90.53M | 83.13M | 84.41M | 108.51M | 92.37M | 90.46M | 171.2M | 223.68M | 203.4M | 87M | 89.7M | 31.8M |
| Long-Term Debt | 62.5M | 79.34M | 91.25M | 67.5M | 83.67M | 50M | 54.6M | 99.7M | 50M | 76.3M | 89.1M | 90.7M | 75M | 75M | 153.5M | 74.4M | 70M | 50.4M | 80.5M | 72M | 60.63M | 68.29M | 94.15M | 75.88M | 67M | 127.85M | 184.69M | 171.8M | 55.6M | 63.5M | 11.2M |
| Capital Lease Obligations | 93.04M | 21.84M | 21.12M | 24.96M | 21.75M | 21.35M | 23.16M | 24.93M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18.23M | 19.29M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Tax Liabilities | 52.6M | 12.8M | 12.74M | 14.73M | 16.01M | 5.89M | 7.01M | 5.64M | 3.99M | 1.79M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.84M | 5.36M | 11.96M | 38.91M | 34.61M | 27.3M | 27.1M | 22M | 16.1M |
| Other Non-Current Liabilities | 10.78M | -11.14M | 12.59M | 10.11M | 8.3M | 9.57M | 12.66M | 10.92M | 12.43M | 13.38M | 12.59M | 16.4M | 12.15M | 13.42M | 24.89M | 18.88M | 0 | 0 | 17.54M | 18.53M | 22.49M | 16.12M | 11.52M | 11.13M | 11.5M | 4.44M | 4.38M | 4.3M | 4.3M | 4.2M | 4.5M |
| Total Liabilities | 219.68M | 212.53M | 235.26M | 214.34M | 242.26M | 200.88M | 202.37M | 238.13M | 170.41M | 193.88M | 199.81M | 202.48M | 167.14M | 183.37M | 293.31M | 217.52M | 208.33M | 160.2M | 211.28M | 219.44M | 208.81M | 204.37M | 211.47M | 188.06M | 225.01M | 325.06M | 426.57M | 357.9M | 169.4M | 182.1M | 83.2M |
| Total Debt | 94.96M | 121.91M | 117.09M | 96.86M | 109.36M | 74.75M | 81.06M | 127.41M | 50M | 76.3M | 90.11M | 90.7M | 75M | 75M | 153.5M | 74.4M | 88.23M | 69.69M | 80.5M | 73M | 66.25M | 81.76M | 97.46M | 75.88M | 95.35M | 155.35M | 202.09M | 176.8M | 69.6M | 69M | 13.6M |
| Net Debt | 4.11M | 39.62M | 22.76M | -67.02M | -47.55M | -66.72M | -10.72M | 27.17M | -50.93M | -37.27M | -23.7M | -66.23M | -59.51M | -49.37M | 43.93M | -2.01M | 14.92M | 18.52M | 35.87M | 20.13M | 27.62M | 69.73M | 36.46M | 50.53M | 86.13M | 142.09M | 181.52M | 152.6M | 53.3M | 29.2M | -31.4M |
| Debt / Equity | 0.17x | 0.22x | 0.22x | 0.18x | 0.22x | 0.16x | 0.19x | 0.31x | 0.13x | 0.22x | 0.28x | 0.32x | 0.26x | 0.25x | 0.57x | 0.28x | 0.32x | 0.28x | 0.29x | 0.23x | 0.21x | 0.25x | 0.31x | 0.26x | 0.36x | 0.64x | 0.82x | 1.07x | 0.56x | 0.47x | 0.08x |
| Debt / EBITDA | 0.77x | 1.02x | 1.09x | 0.90x | 0.88x | 0.72x | 1.09x | 1.50x | 0.54x | 1.17x | 1.21x | 1.91x | 1.12x | 1.65x | 6.48x | 2.09x | 1.88x | 1.88x | 1.33x | 1.26x | 1.17x | 1.32x | 1.83x | 1.60x | 3.33x | 48.78x | 1.17x | 1.36x | 1.01x | 1.01x | 0.30x |
| Net Debt / EBITDA | 0.03x | 0.33x | 0.21x | -0.62x | -0.38x | -0.64x | -0.14x | 0.32x | -0.55x | -0.57x | -0.32x | -1.40x | -0.89x | -1.09x | 1.85x | -0.06x | 0.32x | 0.50x | 0.59x | 0.35x | 0.49x | 1.13x | 0.68x | 1.07x | 3.01x | 44.61x | 1.05x | 1.18x | 0.77x | 0.43x | -0.68x |
| Interest Coverage | 18.18x | 15.40x | 18.24x | 24.25x | 38.08x | -28.19x | 14.77x | 20.17x | 29.07x | 13.05x | 16.71x | 5.96x | 18.13x | 6.44x | 11.49x | 33.01x | 42.24x | -10.76x | 8.68x | 11.48x | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 557.48M | 551.79M | 530.85M | 526.82M | 506.22M | 463.58M | 423.68M | 405.22M | 377.93M | 343.81M | 317.88M | 281.65M | 289.79M | 296.89M | 267.76M | 263.3M | 274.25M | 247.45M | 277.18M | 324.25M | 319.02M | 329.57M | 310.7M | 294.19M | 265.02M | 242.87M | 246.36M | 164.8M | 123.8M | 147.5M | 166.2M |
| Equity Growth % | 15.93% | 3.94% | 0.76% | 4.07% | 9.2% | 9.42% | 4.56% | 7.22% | 9.93% | 8.15% | 12.86% | -2.81% | -2.39% | 10.88% | 1.69% | -3.99% | 10.83% | -10.72% | -14.52% | 1.64% | -3.2% | 6.07% | 5.61% | 11.01% | 9.12% | -1.41% | 49.49% | 33.12% | -16.07% | -11.25% | 13.6% |
| Book Value per Share | 19.22 | 18.51 | 17.28 | 16.68 | 15.70 | 14.34 | 13.00 | 12.24 | 11.26 | 10.29 | 9.56 | 8.41 | 8.49 | 8.67 | 7.76 | 7.52 | 7.87 | 7.32 | 7.32 | 8.11 | 8.31 | 8.42 | 8.25 | 8.42 | 8.02 | 8.62 | 8.58 | 5.76 | 4.23 | 4.59 | 5.25 |
| Total Shareholders' Equity | 557.48M | 551.79M | 530.85M | 526.82M | 506.22M | 463.58M | 423.68M | 405.22M | 377.93M | 343.81M | 317.88M | 281.65M | 289.79M | 296.73M | 267.76M | 263.3M | 274.25M | 247.45M | 277.18M | 324.25M | 319.02M | 328.09M | 310.7M | 294.19M | 265.02M | 242.87M | 246.36M | 164.8M | 123.8M | 147.5M | 166.2M |
| Common Stock | 326.58M | 324.98M | 321.98M | 319.27M | 316.8M | 314.62M | 311.19M | 307.93M | 306.7M | 304.78M | 302.83M | 300.91M | 299.89M | 297.16M | 291.51M | 0 | 0 | 0 | 0 | 0 | 0 | 275.21M | 263.3M | 262.75M | 241.39M | 213.95M | 198.88M | 193.6M | 0 | 0 | 0 |
| Retained Earnings | 729.52M | 713.47M | 655.49M | 602.23M | 546.7M | 492.24M | 539.28M | 509.77M | 478.85M | 420.16M | 410.98M | 381.84M | 380.14M | 359M | 367.8M | 352.2M | 335.52M | 317.58M | 362.39M | 336.55M | 315.37M | 296.96M | 279.06M | 263.43M | 255.09M | 276.99M | 325.85M | 245.4M | 197.3M | 163.2M | 144.1M |
| Treasury Stock | -552.33M | -543.71M | -487.02M | -444.04M | -402.75M | -381.31M | -372.52M | -364.44M | -352.7M | -343.26M | -343.26M | -343.26M | -325.17M | -317.17M | -310.96M | -300.58M | -297.01M | -297.01M | -297.01M | -289.97M | -269.52M | -267.1M | -255.77M | -253.66M | -254.14M | -270.51M | -291.37M | -283.6M | 0 | 0 | 0 |
| Accumulated OCI | 11.92M | 13.75M | -4.27M | 4.26M | -671K | -4.53M | -95.92M | -91.73M | -97.74M | -78.96M | -93.19M | -99M | -104.23M | -81.9M | -120.6M | -115.15M | -87.56M | -93.28M | -98.63M | -29.81M | -31.28M | -244K | 1.35M | 151K | -835K | -1.7M | -1.56M | 300K | -136.7M | -130.9M | -133.3M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Automotive production cyclicality
According to the latest balance sheet data, CTS has steadily grown its equity base from $526.8M in 2023Q4 to $557.5M by 2026Q1, primarily driven by consistent accumulation of retained earnings, which rose to $729.5M over the same period, signaling a strengthening long-term financial foundation.
The consistent growth in retained earnings suggests that the company is successfully reinvesting profits into its core operations rather than relying on external financing. This trajectory indicates a maturing business model that is increasingly self-funding its growth initiatives while maintaining a conservative capital structure.
As reported in financial statements, CTS maintains a disciplined debt-to-equity ratio of 0.17 as of 2026Q1, reflecting a significant reduction from the 0.26 peak observed in 2025Q3 and highlighting a management preference for maintaining a fortress balance sheet amidst cyclical industry headwinds.
The low leverage profile provides the company with substantial headroom to navigate potential downturns in the automotive sector without the pressure of significant interest obligations. This financial positioning appears to be a strategic choice, allowing the firm to pursue opportunistic M&A or internal capacity expansion without compromising its solvency.
Based on the provided balance sheet figures, goodwill has expanded from $157.6M in 2023Q4 to $208.7M in 2026Q1, representing a growing portion of total assets that suggests recent inorganic growth efforts have been a primary driver of the company's current asset composition.
The increasing reliance on goodwill as a component of total assets implies that future earnings quality may be sensitive to potential impairment charges if acquired businesses fail to meet performance expectations. Investors should monitor whether these intangible assets translate into the anticipated high-margin revenue streams from medical and aerospace segments.
As indicated by the most recent quarterly filings, CTS maintains a current ratio of 2.52, which, while down from the 3.41 peak in 2024Q2, continues to provide a substantial buffer against short-term operational shocks and working capital requirements in its specialized manufacturing environment.
The company's ability to maintain a current ratio consistently above 2.0 suggests a strong liquidity position that mitigates risks associated with inventory build-ups or supply chain disruptions. This liquidity cushion appears sufficient to support ongoing operations and potential strategic investments without necessitating immediate access to capital markets.
Quick answers to the most common questions about buying CTS stock.
As of 2025, CTS Corporation (CTS) had total assets of $764.3M including $252.7M in current assets.
CTS Corporation (CTS) carries total debt of $121.9M, offset by $82.3M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
CTS Corporation (CTS) has total shareholders' equity (book value) of $551.8M ($18.51 book value per share). Book value represents the net worth of the company belonging to common stock holders.
CTS Corporation (CTS) reported a current ratio of 2.30x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.