Audiocodes LTD balance sheet

At the end of fiscal 2025, Audiocodes LTD had total assets of $323m, total liabilities of $152m and shareholders' equity of $171m. It held $45.3m in cash against $0 of debt: net cash of $45.3m.

Balance sheet

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Audiocodes LTD: balance sheet, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash and equivalents	39	50	28	15	31	15	19	24	24	32	65	41	79	25	31	59	45
Receivables	—	26	31	24	26	31	26	25	22	22	28	35	49	56	51	56	67
Inventory	—	16	20	17	14	15	17	16	17	23	28	29	24	36	44	31	22
Total current assets	—	114	101	82	102	75	74	80	77	114	133	204	168	150	143	163	181
Goodwill	—	32	32	32	34	34	36	36	36	36	36	36	38	38	38	38	38
Total assets	—	174	193	166	174	200	190	187	171	179	244	358	349	324	338	336	323
Deferred revenue (current)	—	4	5	5	7	10	13	15	16	24	34	37	42	37	39	38	38
Total current liabilities	—	47	46	35	37	41	43	45	45	55	87	95	96	94	84	78	82
Long-term debt	—	0	0	0	0	—	—	—	—	—	—	—	—	—	—	—	—
Total debt	0	0	0	0	1	—	0	0	0	0	0	0	0	0	0	0	0
Total liabilities	—	—	—	—	—	—	—	—	—	—	—	—	144	134	149	144	152
Shareholders' equity	84	99	106	98	105	134	117	109	92	95	92	210	205	190	188	192	171
Net debt (negative = net cash)	−39	−50	−28	−15	−30	−15	−19	−24	−24	−32	−65	−41	−79	−25	−31	−59	−45
Shares outstanding	—	41m	41m	38m	39m	42m	38m	32m	29m	29m	30m	33m	32m	32m	31m	30m	27m

Balances at each fiscal year end (quarter end in the quarterly view). Total debt is short- plus long-term borrowings, including lease debt where the company reports it within debt. Where assets do not equal liabilities plus shareholders' equity, the difference (non-controlling interests, redeemable preferred shares) is shown on its own line.

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Figures from Audiocodes LTD's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Audiocodes LTD.