Ceragon Networks LTD balance sheet

At the end of fiscal 2025, Ceragon Networks LTD had total assets of $317m and shareholders' equity of $173m. It held $38.4m in cash against $19.0m of debt: net cash of $19.4m.

Balance sheet

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

Ceragon Networks 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	38	38	29	47	42	41	36	36	26	36	24	27	17	23	28	35	38
Receivables	—	88	143	149	131	163	117	107	114	123	119	107	108	100	104	150	100
Inventory	—	66	93	66	64	62	50	46	54	54	62	51	61	72	69	60	62
Total current assets	—	242	328	310	285	293	226	206	211	225	216	200	203	211	218	261	225
Goodwill	—	1	15	15	15	—	—	—	—	—	—	—	—	0	8	8	11
Total assets	—	287	411	394	366	342	267	244	254	283	290	272	293	289	299	345	317
Accounts payable	—	41	77	102	78	102	74	68	75	79	60	64	69	67	67	91	71
Deferred revenue (current)	—	21	38	17	8	18	9	3	5	4	2	3	3	3	6	3	2
Total current liabilities	—	74	173	180	178	205	145	111	105	110	104	100	116	133	133	151	120
Short-term debt	—	—	8	8	8	8	35	17	—	—	15	6	15	38	33	25	19
Long-term debt	—	—	27	19	10	2	—	—	—	—	—	—	—	—	—	—	—
Total debt	0	0	35	44	57	51	35	17	0	0	15	6	15	38	33	25	19
Shareholders' equity	181	204	161	144	135	105	103	116	134	160	160	146	137	120	134	166	173
Net debt (negative = net cash)	−38	−38	6	−3	15	9	−1	−19	−26	−36	−9	−21	−2	15	4	−10	−19
Shares outstanding	—	35m	36m	37m	—	77m	78m	78m	78m	80m	81m	82m	84m	84m	85m	88m	91m

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