COHERENT CORP. (COHR) FY2024 Annual Balance Sheet

COHERENT CORP. (COHR) FY2024 Annual Balance Sheet

Balance sheet as of 2024-06-30. The chart shows assets, liabilities and equity at that date.

Assets

14,488,634,000 US dollars

Current assets

3,660,099,000 US dollars

Non-current assets

10,828,535,000 US dollars

Liabilities

6,542,355,000 US dollars

Current liabilities

1,343,767,000 US dollars

Non-current liabilities

5,198,588,000 US dollars

Equity

5,581,507,000 US dollars

Series B redeemable convertible preferred stock, no par value, 5% cumulative; issued - 215,000 shares at June 30, 2024 and June 30, 2023; redemption value - $2,427,860 and $2,309,966 as of June 30, 2024 and June 30, 2023, respectively

2,364,772,000 US dollars

Noncontrolling interest

371,392,000 US dollars. Included in consolidated equity; this amount is not added again.

Inventories

1,286,404,000 US dollars

Cash and cash equivalents

926,033,000 US dollars

Accounts receivable - less allowance for doubtful accounts of $9,511 and $8,005 at June 30, 2024 and June 30, 2023, respectively

848,542,000 US dollars

Prepaid and other current assets

398,203,000 US dollars

Restricted cash, current

174,008,000 US dollars

Prepaid and refundable income taxes

26,909,000 US dollars

Goodwill

4,464,329,000 US dollars

Other intangible assets, net

3,503,247,000 US dollars

Property, plant & equipment, net

1,817,259,000 US dollars

Restricted cash, non-current

689,645,000 US dollars

Other assets

313,089,000 US dollars

Deferred income taxes

40,966,000 US dollars

Accounts payable

631,548,000 US dollars

Other accrued liabilities

294,706,000 US dollars

Accrued compensation and benefits

212,458,000 US dollars

Accrued income taxes payable

90,705,000 US dollars

Current portion of long-term debt

73,770,000 US dollars

Operating lease current liabilities

40,580,000 US dollars

Long-term debt

4,026,448,000 US dollars

Deferred income taxes

784,374,000 US dollars

Other liabilities

225,411,000 US dollars

Operating lease liabilities

162,355,000 US dollars

Common stock, no par value; authorized - 300,000,000 shares; issued - 168,406,323 shares at June 30, 2024; issued - 154,719,413 shares at June 30, 2023

4,857,657,000 US dollars

Retained earnings

664,940,000 US dollars

Accumulated other comprehensive income (AOCI)

2,640,000 US dollars

Series A preferred stock, no par value, 6% cumulative; issued - 0 and 2,300,000 shares at June 30, 2024 and June 30, 2023, respectively

0 US dollars

Noncontrolling interests (NCI)

371,392,000 US dollars

Treasury stock, at cost - 15,626,740 shares at June 30, 2024 and 15,135,711 shares at June 30, 2023

negative 315,122,000 US dollars

Gross equity (calculated)

5,896,629,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

Chart connections

• Assets equal liabilities plus temporary equity plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
• Treasury shares and other negative equity contributions reduce equity.