Stratasys ltd. (SSYS)
Balance Sheet / TTM
Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Dec'11
ASSETS
Current assets
Cash and cash equivalents

348

346

346

328

302

305

297

280

239

253

213

257

232

352

423

442

383

502

407

414

414

148

65

133

20

Short-term bank deposits

-

-

-

-

-

-

-

-

0

0

67

-

30

150

1

0

75

75

200

200

200

0

75

20

0

Accounts receivable, net

129

123

119

132

120

120

115

120

109

113

109

123

130

136

142

150

140

113

106

99

-

-

-

64

-

Restricted deposits

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

Short-term investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

14

Trade, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

86

81

72

-

24

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

22

22

20

-

1

Inventories

118

117

120

115

124

116

116

117

127

125

124

123

140

137

130

123

119

114

99

88

79

64

66

67

22

Net investment in sales-type leases

3

4

5

7

8

9

10

11

12

12

12

11

10

10

8

8

7

6

7

6

6

5

5

5

3

Prepaid expenses

5

7

8

7

7

6

6

7

8

7

7

8

6

9

8

7

9

7

6

5

4

3

2

2

3

Deferred income taxes

-

-

-

-

-

-

-

-

-

-

-

-

17

30

26

25

22

22

19

16

17

9

7

4

2

Other current assets

41

24

19

22

19

17

19

15

18

21

20

22

19

31

20

37

37

25

25

21

-

-

-

23

-

Total current assets

647

623

619

614

582

576

564

553

514

533

554

547

588

858

762

796

795

868

871

852

832

335

317

323

93

Non-current assets
Net investment in sales-type leases - long-term

2

2

3

4

5

7

9

12

-

-

-

17

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term investments - available for sale

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

-

1

-

32

Amounts funded in respect of employee rights upon retirement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

3

3

-

2

2

2

2

0

Property, plant and equipment, net

191

195

197

199

202

207

206

208

214

209

200

201

209

185

164

157

143

110

99

91

80

68

63

62

39

Goodwill

386

386

387

387

386

386

385

385

386

386

386

383

481

1,172

1,171

1,323

1,425

1,203

1,196

1,195

1,195

822

822

822

25

Other intangible assets, net

117

125

132

142

152

160

169

177

208

222

238

252

309

517

534

597

607

587

604

622

638

484

497

510

25

Net investment in sales-type leases - long-term

-

-

-

-

-

-

-

-

14

16

18

-

17

19

16

14

14

13

11

11

8

9

7

7

5

Other non-current assets

20

34

34

31

32

32

31

29

30

31

-

11

-

10

10

-

8

4

4

9

2

2

1

2

0

Deferred income taxes and other non-current assets

-

-

-

-

-

-

-

-

-

-

14

-

44

-

-

9

-

-

-

-

-

-

-

-

-

Total non-current assets

718

745

755

764

780

794

803

813

853

865

858

867

1,062

1,905

1,896

2,102

2,202

1,922

1,920

1,930

1,849

1,322

1,334

1,408

88

Total assets

1,365

1,368

1,375

1,379

1,363

1,371

1,368

1,366

1,368

1,399

1,412

1,414

1,650

2,764

2,659

2,899

2,997

2,791

2,791

2,782

2,762

1,726

1,715

1,731

221

LIABILITIES AND EQUITY
Current liabilities
Accounts payable

38

47

40

39

44

46

44

40

37

42

37

39

38

40

47

37

39

38

35

35

31

24

24

35

8

Current portion of long-term debt

5

5

5

5

3

3

3

3

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Short-term debt

-

-

-

-

-

-

-

-

-

-

-

-

0

175

50

50

50

-

-

0

-

-

-

-

-

Accrued expenses and other current liabilities

34

33

33

30

28

28

28

32

27

31

34

31

42

50

47

34

-

-

-

29

-

-

-

24

-

Accrued compensation and related benefits

32

30

35

35

34

39

42

34

39

38

41

34

36

45

36

42

36

27

28

21

-

-

-

16

-

Income taxes payable

-

-

-

-

-

-

-

-

4

4

11

11

-

-

-

13

-

-

-

-

-

-

-

-

-

Accrued expenses and other current liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

40

32

34

-

46

41

36

0

10

Obligations in connection with acquisitions

-

-

-

-

0

4

4

3

4

4

5

4

5

12

11

28

42

-

-

12

-

-

-

-

-

Earn-out obligations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11

21

-

13

-

-

-

-

Deferred tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

0

Deferred revenues

53

54

55

52

51

50

50

49

49

51

52

52

49

48

47

45

40

41

39

36

30

25

21

18

9

Total current liabilities

163

170

169

163

162

173

174

164

162

174

182

172

172

372

239

250

248

152

158

134

123

90

83

94

29

Non-current liabilities
Long-term debt

23

24

25

27

19

20

21

22

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax liabilities

1

2

4

7

2

4

4

5

10

11

14

16

24

36

43

55

65

97

102

-105

112

51

54

54

6

Earn-out obligation - long term

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

16

-

-

0

-

Deferred revenues - long-term

16

15

15

15

14

14

12

12

11

10

8

7

6

6

5

5

5

4

3

3

3

3

3

3

2

Employee rights upon retirement

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4

4

4

-

4

4

4

4

0

Obligations in connection with acquisitions - long-term

-

-

-

-

-

-

-

-

0

4

4

4

4

12

17

26

37

-

-

16

-

-

-

-

-

Other non-current liabilities

30

29

30

32

28

25

24

22

34

36

24

22

22

26

28

25

18

10

10

21

8

6

3

2

0

Total non-current liabilities

71

72

75

82

64

64

63

63

57

63

52

50

58

81

94

113

-

-

-

147

-

-

-

-

-

Total liabilities

235

242

245

245

227

238

238

228

220

238

234

223

230

454

334

363

380

270

280

282

267

155

148

159

38

Contingencies (see note 12)

0

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Redeemable non-controlling interests

0

0

1

1

1

1

1

2

2

2

2

2

2

2

3

3

-

-

-

0

-

-

-

-

-

Equity
Ordinary shares, NIS 0.01 nominal value, authorized 180,000 thousands shares; 53,810 thousands shares and 53,631 thousands shares issued and outstanding at September 30, 2018 and December 31, 2017, respectively

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

2,675

2,670

2,667

2,663

2,655

2,644

2,637

2,633

2,625

2,617

2,611

2,605

2,600

2,587

2,579

2,568

2,560

2,428

2,420

2,412

2,404

1,477

1,469

1,459

79

Accumulated other comprehensive loss

-8

-9

-5

-7

-8

-10

-12

-13

-10

-10

-6

-10

-8

-7

-9

-3

-1

1

1

1

1

-0

-0

-0

-0

Accumulated deficit

-1,537

-1,536

-1,533

-1,523

-1,513

-1,503

-1,497

-1,483

-1,469

-1,448

-1,429

-1,406

-1,174

-273

-250

-33

58

89

89

85

87

94

96

112

104

Equity attributable to Stratasys Ltd.

1,129

1,124

1,128

1,132

1,133

1,130

1,127

1,135

1,146

1,159

1,175

1,188

1,417

2,306

2,320

2,530

2,617

2,520

2,511

2,499

2,493

1,570

1,565

1,571

183

Non-controlling interests

0

0

-0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

0

0

0

0

0

Total equity

1,129

1,124

1,128

1,132

1,133

1,130

1,127

1,135

1,146

1,159

1,175

1,188

1,417

2,307

2,320

2,531

2,617

-

-

2,499

2,494

1,570

1,566

1,572

183

Total liabilities and equity

1,365

1,368

1,375

1,379

1,363

1,371

1,368

1,366

1,368

1,399

1,412

1,414

1,650

2,764

2,659

2,899

2,997

2,791

2,791

2,782

2,762

1,726

1,715

1,731

221