UTStarcom Holdings Corp. (UTSI) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 | Q3'20 |
|---|
| Total Current Assets | 58.58M | 58.58M | 63.07M | 63.07M | 65.66M | 65.66M | 70.5M | 70.6M | 71.51M | 71.51M | 81.72M | 81.8M | 86.74M | 86.74M | 97.78M | 97.79M | 106.75M | 106.75M | 109.91M | 109.91M |
| Cash & Short-Term Investments | 40.53M | 40.53M | 44.08M | 44.08M | 46.9M | 46.9M | 49.97M | 49.97M | 49.01M | 49.01M | 54.5M | 54.52M | 52.64M | 52.64M | 53.8M | 53.8M | 49.52M | 49.52M | 36.32M | 36.32M |
| Cash Only | 40.42M | 40.42M | 43.91M | 43.91M | 46.53M | 46.53M | 57.09M | 49.97M | 49.01M | 49.01M | 54.5M | 54.52M | 52.64M | 52.64M | 53.8M | 53.8M | 49.52M | 49.52M | 34.22M | 34.22M |
| Short-Term Investments | 105K | 105K | 165K | 165K | 369K | 369K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.1M | 2.1M |
| Accounts Receivable | 5.29M | 5.29M | 6.11M | 5.51M | 6.92M | 6.92M | 11.45M | 8.87M | 8.23M | 8.23M | 12.31M | 12.01M | 20.51M | 20.51M | 27.55M | 27.55M | 37.38M | 37.38M | 49.68M | 49.68M |
| Days Sales Outstanding | 833.81 | 833.81 | 865.13 | 779.38 | 882.79 | 882.79 | 904.38 | 700.84 | 922.08 | 922.08 | 1.37K | 1.34K | 999.22 | 2K | 1.39K | 2.78K | 1.57K | 3.14K | 1.71K | 3.42K |
| Inventory | 2.02M | 2.02M | 1.94M | 1.94M | 783K | 783K | 795K | 795K | 1.16M | 1.16M | 1.81M | 1.27M | 1.42M | 1.42M | 1.56M | 1.54M | 6.19M | 6.19M | 6.71M | 6.7M |
| Days Inventory Outstanding | 380.51 | 380.51 | 355.99 | 355.99 | 142.75 | 142.75 | 87.01 | 87.01 | 181.06 | 181.06 | 252.7 | 177.47 | 84.07 | 168.14 | 54.13 | 107.05 | 346.68 | 693.36 | 252.68 | 504.53 |
| Other Current Assets | 10.73M | 6.68M | 10.57M | 10.88M | 6.99M | 6.99M | 4.82M | 10.02M | 8.84M | 8.84M | 12.66M | 12.66M | 8.42M | 8.42M | 13.79M | 13.79M | 8.94M | 8.94M | 15.87M | 15.87M |
| Total Non-Current Assets | 4.32M | 4.32M | 5.13M | 5.13M | 6.1M | 6.1M | 6.97M | 6.88M | 7.02M | 7.02M | 7.2M | 7.43M | 10.5M | 10.5M | 10.44M | 10.49M | 13.89M | 13.89M | 8.82M | 8.82M |
| Property, Plant & Equipment | 1.36M | 1.36M | 1.88M | 1.88M | 2.56M | 2.56M | 3.26M | 3.26M | 2.96M | 2.96M | 3.34M | 3.57M | 4.42M | 4.42M | 5.34M | 5.34M | 5.55M | 5.55M | 1.8M | 1.8M |
| Fixed Asset Turnover | 1.71x | 1.71x | 1.38x | 1.38x | 1.12x | 1.12x | 1.42x | 1.42x | 1.10x | 1.10x | 0.98x | 0.92x | 1.70x | 0.85x | 1.35x | 0.68x | 1.57x | 0.78x | 5.88x | 2.94x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 2.56M | 0 | 2.71M | 0 | 2.48M | 0 | 3.4M | 0 | 2.4M | 0 | 3.49M | 0 | 2.08M | 0 |
| Other Non-Current Assets | 2.97M | 2.97M | 2.88M | 3.25M | 3.54M | 3.54M | 603K | 3.63M | 1.34M | 4.05M | 3.02M | 3.86M | 2.68M | 6.08M | 2.98M | 5.15M | 4.85M | 8.34M | 2.75M | 7.02M |
| Total Assets | 62.9M | 62.9M | 68.2M | 68.2M | 71.76M | 71.76M | 77.48M | 77.48M | 78.53M | 78.53M | 88.92M | 89.23M | 97.24M | 97.24M | 108.22M | 108.28M | 120.64M | 120.64M | 118.72M | 118.72M |
| Asset Turnover | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | 0.06x | 0.06x | 0.04x | 0.04x | 0.04x | 0.04x | 0.08x | 0.04x | 0.07x | 0.03x | 0.07x | 0.04x | 0.09x | 0.04x |
| Asset Growth % | -12.35% | -12.35% | -11.98% | -11.98% | -8.62% | -8.62% | -12.87% | -13.17% | -19.24% | -19.24% | -17.83% | -17.59% | -19.39% | -19.39% | -8.85% | -8.8% | -9.68% | -9.68% | -21.29% | -26.73% |
| Total Current Liabilities | 19.61M | 19.61M | 21.53M | 21.53M | 21.29M | 21.29M | 23.39M | 23.39M | 22.75M | 22.75M | 28.53M | 28.85M | 32.1M | 32.1M | 35.13M | 35.43M | 40.28M | 40.28M | 40.04M | 40.04M |
| Accounts Payable | 5.6M | 5.6M | 7.01M | 7.01M | 7M | 7M | 7.96M | 7.96M | 7.25M | 7.25M | 12.97M | 12.97M | 14.95M | 14.95M | 19.03M | 19.03M | 23.61M | 23.61M | 25.12M | 25.12M |
| Days Payables Outstanding | 1.05K | 1.05K | 1.29K | 1.29K | 1.28K | 1.28K | 871.08 | 871.08 | 1.13K | 1.13K | 1.81K | 1.81K | 885.06 | 1.77K | 662 | 1.33K | 1.32K | 2.65K | 946.51 | 1.89K |
| Short-Term Debt | 0 | 0 | 1.18M | 0 | 0 | 0 | 1.18M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 551K | 0 | 831K | 0 | 0 | 0 | 0 | 0 | 975K | 0 | 202K | 0 | 239K | 0 | 265K | 0 | 650K | 0 | 801K | 0 |
| Other Current Liabilities | 4.07M | 12.93M | 1.84M | 10.57M | 13.13M | 13.13M | -5K | 10.36M | 14.47M | 14.47M | 10.86M | 10.86M | 15.65M | 15.65M | 11.44M | 11.44M | 15.4M | 15.4M | 9.42M | 9.42M |
| Current Ratio | 2.99x | 2.99x | 2.93x | 2.93x | 3.08x | 3.08x | 3.01x | 3.02x | 3.14x | 3.14x | 2.86x | 2.84x | 2.70x | 2.70x | 2.78x | 2.76x | 2.65x | 2.65x | 2.74x | 2.74x |
| Quick Ratio | 2.88x | 2.88x | 2.84x | 2.84x | 3.05x | 3.05x | 2.98x | 2.98x | 3.09x | 3.09x | 2.80x | 2.79x | 2.66x | 2.66x | 2.74x | 2.72x | 2.50x | 2.50x | 2.58x | 2.58x |
| Cash Conversion Cycle | 161.15 | 161.15 | -68.16 | -153.91 | -250.31 | -250.31 | 120.32 | -83.22 | -24.45 | -24.45 | -191.47 | -300.98 | 198.23 | 396.46 | 783.31 | 1.56K | 593.51 | 1.19K | 1.02K | 2.03K |
| Total Non-Current Liabilities | 1.08M | 1.08M | 1.45M | 1.45M | 2.11M | 2.11M | 2.71M | 2.71M | 2.48M | 2.48M | 3.04M | 2.92M | 3.76M | 3.76M | 4.69M | 4.5M | 4.72M | 4.72M | 1.28M | 1.28M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 25K | 25K | 404K | 404K | 1.07M | 1.07M | 1.66M | 1.66M | 1.46M | 1.46M | 1.89M | 1.89M | 2.73M | 2.73M | 3.5M | 3.5M | 3.83M | 3.83M | 256K | 256K |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1M | 0 | -1.03M | 0 | -979K | 0 | 0 | 0 | -1M | 0 |
| Other Non-Current Liabilities | 1.05M | 1.05M | 1.04M | 1.04M | 1.04M | 1.04M | 1.02M | 1.05M | 1.02M | 1.02M | 1M | 1.02M | 1.03M | 1.03M | 1M | 1M | 890K | 890K | 1M | 1.02M |
| Total Liabilities | 20.69M | 20.69M | 22.97M | 22.97M | 23.4M | 23.4M | 26.1M | 26.1M | 25.23M | 25.23M | 31.56M | 31.77M | 35.86M | 35.86M | 39.82M | 39.93M | 45M | 45M | 41.32M | 41.32M |
| Total Debt | 1.11M | 1.11M | 1.59M | 1.59M | 2.23M | 2.23M | 2.84M | 2.84M | 2.49M | 2.49M | 3.12M | 3.12M | 4.23M | 4.23M | 4.91M | 4.91M | 5.09M | 5.09M | 1.47M | 1.47M |
| Net Debt | -39.31M | -39.31M | -42.33M | -42.33M | -44.3M | -46.53M | -54.24M | -47.12M | -46.52M | -46.52M | -51.38M | -51.4M | -48.41M | -48.41M | -48.89M | -48.89M | -44.42M | -44.42M | -32.75M | -32.75M |
| Debt / Equity | 0.03x | 0.03x | 0.04x | 0.04x | 0.05x | 0.05x | 0.06x | 0.06x | 0.05x | 0.05x | 0.05x | 0.05x | 0.07x | 0.07x | 0.07x | 0.07x | 0.07x | 0.07x | 0.02x | 0.02x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 4.57x | 9.15x | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -39.88x | -79.76x | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 42.21M | 42.21M | 45.23M | 45.23M | 48.37M | 48.37M | 51.38M | 51.38M | 53.3M | 53.3M | 57.36M | 57.46M | 61.38M | 61.38M | 68.4M | 68.35M | 75.64M | 75.64M | 77.4M | 77.4M |
| Equity Growth % | -12.73% | -12.73% | -11.98% | -11.98% | -9.26% | -9.26% | -10.42% | -10.58% | -13.17% | -13.17% | -16.14% | -15.93% | -18.84% | -18.84% | -11.63% | -11.69% | -12.52% | -12.52% | -22.22% | -22.89% |
| Book Value per Share | 4.61 | 4.61 | 4.94 | 4.94 | 5.29 | 5.29 | 5.63 | 5.63 | 5.86 | 5.86 | 6.33 | 6.34 | 6.78 | 6.78 | 7.56 | 7.58 | 8.40 | 8.40 | 8.61 | 8.58 |
| Total Shareholders' Equity | 42.21M | 42.21M | 45.23M | 45.23M | 48.37M | 48.37M | 51.38M | 51.38M | 53.3M | 53.3M | 57.36M | 57.46M | 61.38M | 61.38M | 68.4M | 68.35M | 75.64M | 75.64M | 77.4M | 77.4M |
| Common Stock | 42.21M | 42.21M | 156K | 156K | 48.37M | 48.37M | 123K | 123K | 53.3M | 53.3M | 123K | 123K | 61.38M | 61.38M | 123K | 123K | 75.64M | 75.64M | 123K | 123K |
| Retained Earnings | 0 | 0 | -1.26B | -1.26B | 0 | 0 | -1.26B | -1.26B | 0 | 0 | -1.25B | -1.25B | 0 | 0 | -1.25B | -1.25B | 0 | 0 | -1.24B | -1.24B |
| Treasury Stock | 0 | 0 | -12.34M | -12.34M | 0 | 0 | -12.34M | -12.34M | 0 | 0 | -12.34M | -12.34M | 0 | 0 | -12.32M | -12.32M | 0 | 0 | -12.32M | -12.32M |
| Accumulated OCI | 0 | 0 | 49.01M | 49.01M | 0 | 0 | 50.91M | 50.91M | 0 | 0 | 53.44M | 53.44M | 0 | 0 | 59.94M | 59.94M | 0 | 0 | 63.66M | 63.66M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |