Verisk Analytics Inc.
Balance Sheet
| Line Item | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $352.4M | $302.7M | $416.8M | $308.7M | $231.9M | $112.5M | $276.8M | $480.7M |
| Accounts Receivable | $486.6M | $334.2M | $353.4M | $381.3M | $433.3M | $290.1M | $458.4M | $488.9M |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $1.02B | $810.1M | $928.2M | $854.8M | $790.8M | $925.1M | $918.4M | $1.19B |
| Property, Plant & Equipment | $612.5M | $604.9M | $611.7M | $581.9M | $561.1M | $541.5M | $652.0M | $646.9M |
| Goodwill | $1.76B | $1.76B | $1.73B | $1.76B | $1.71B | $1.68B | $3.66B | $3.82B |
| Intangible Assets (Excl. Goodwill) | $452.1M | $471.7M | $481.5M | $508.0M | $505.9M | $504.8M | $1.09B | $1.18B |
| Total Assets | $4.50B | $4.37B | $4.36B | $4.32B | $4.19B | $6.96B | $6.97B | $7.51B |
| Liabilities | ||||||||
| Accounts Payable | — | — | — | — | — | — | — | — |
| Total Current Liabilities | $929.8M | $771.4M | $784.1M | $800.8M | $890.1M | $2.32B | $1.98B | $2.11B |
| Long-Term Debt | — | $2.88B | — | — | — | $3.74B | — | — |
| Total Liabilities | $4.21B | $4.04B | $3.97B | $4.01B | $4.11B | $5.19B | $4.97B | $5.14B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $6.58B | $6.42B | $6.29B | $6.15B | $6.01B | $6.00B | $5.99B | $5.85B |
| Total Stockholders' Equity | $282.2M | $310.0M | $384.5M | $294.0M | $68.4M | $1.75B | $1.99B | $2.35B |
When you sell in desperation, you always sell cheap.