C

Converge Technology Solutions Corp
TSX:CTS

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Converge Technology Solutions Corp
TSX:CTS
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Price: 3.26 CAD 2.84% Market Closed
Market Cap: 629.4m CAD
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Balance Sheet

Balance Sheet Decomposition
Converge Technology Solutions Corp

Current Assets 1.1B
Cash & Short-Term Investments 180.5m
Receivables 775m
Other Current Assets 105.9m
Non-Current Assets 954.5m
Long-Term Investments 27.9m
PP&E 66.6m
Intangibles 657.7m
Other Non-Current Assets 202.3m
Current Liabilities 1.3B
Accounts Payable 1.2B
Other Current Liabilities 131.4m
Non-Current Liabilities 367.9m
Long-Term Debt 313.5m
Other Non-Current Liabilities 54.4m

Balance Sheet
Converge Technology Solutions Corp

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Balance Sheet
Currency: CAD
Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
8
11
21
65
248
160
170
Cash
8
11
21
65
248
160
170
Total Receivables
44
130
220
364
417
782
814
Accounts Receivables
44
130
210
337
371
676
616
Other Receivables
0
0
10
28
46
106
198
Inventory
11
12
23
38
104
158
73
Other Current Assets
5
10
23
10
12
28
27
Total Current Assets
67
163
287
477
781
1 128
1 084
PP&E Net
3
7
27
24
31
88
75
PP&E Gross
0
0
27
24
31
88
75
Accumulated Depreciation
0
0
13
27
40
56
59
Intangible Assets
24
46
92
109
234
464
375
Goodwill
15
33
80
110
323
564
565
Other Long-Term Assets
0
7
2
1
1
5
54
Other Assets
15
33
80
110
323
564
565
Total Assets
109
N/A
256
+135%
489
+91%
721
+47%
1 369
+90%
2 249
+64%
2 153
-4%
Liabilities
Accounts Payable
51
136
248
398
519
825
914
Short-Term Debt
0
0
4
0
0
0
0
Current Portion of Long-Term Debt
37
76
154
141
8
438
19
Other Current Liabilities
12
25
39
33
64
176
106
Total Current Liabilities
101
237
445
572
591
1 438
1 038
Long-Term Debt
3
13
28
14
11
38
415
Deferred Income Tax
4
4
6
13
43
103
67
Minority Interest
0
0
0
0
35
31
26
Other Liabilities
6
8
20
21
74
39
21
Total Liabilities
113
N/A
261
+131%
499
+91%
619
+24%
755
+22%
1 649
+118%
1 567
-5%
Equity
Common Stock
0
18
21
135
634
595
599
Retained Earnings
4
22
31
34
23
17
28
Additional Paid In Capital
0
0
0
0
2
8
11
Other Equity
0
1
0
1
0
14
4
Total Equity
4
N/A
5
-7%
10
-120%
102
N/A
614
+503%
600
-2%
586
-2%
Total Liabilities & Equity
109
N/A
256
+135%
489
+91%
721
+47%
1 369
+90%
2 249
+64%
2 153
-4%
Shares Outstanding
Common Shares Outstanding
71
76
81
144
214
209
204

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