Comtech Telecommunications (CMTL) Balance Sheet: Assets & Liabilities

Comtech Telecommunications (CMTL) Balance Sheet

As of Jul 31, 2025 (end of fiscal 2025), Comtech Telecommunications reported total assets of $740.84M and total liabilities of $446.87M. Shareholders' equity was $293.97M, down 39.6% from $486.33M a year earlier. Total debt stood at $214.05M against $40.02M in cash and short-term investments, a net debt position of $174.03M. That puts debt-to-equity at 0.73, compared with 0.37 a year earlier.

Comtech Telecommunications Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Comtech Telecommunications Corp. (CMTL) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Jul 2025	Jul 2024	Jul 2023	Jul 2022	Jul 2021	Jul 2020	Jul 2019	Jul 2018	Jul 2017
Current Assets
Cash and Cash Equivalents	40.02	32.43	18.96	21.65	30.86	47.88	45.58	43.48	41.84
Cash & Short-Term Investments	40.02	32.43	18.96	21.65	30.86	47.88	45.58	43.48	41.84
Accounts Receivable	57.71	195.60	163.16	123.71	158.11	126.82	145.03	147.44	124.96
Inventory	68.96	93.14	105.85	96.32	80.36	82.30	74.84	75.08	60.60
Other Current Assets	16.38	15.39	17.52	21.65	18.17	20.10	14.87	13.79	13.64
Total Current Assets	270.19	336.55	305.49	263.33	287.50	277.10	280.31	279.79	241.04
Non-Current Assets
Property, Plant & Equipment (Net)	74.22	78.92	97.44	100.13	79.77	57.07	28.03	28.99	32.85
Goodwill	204.63	284.18	347.69	347.69	347.70	330.52	310.49	290.63	290.63
Intangible Assets	173.11	194.83	225.91	247.30	268.70	258.02	261.89	240.80	261.87
Other Non-Current Assets	16.79	17.96	19.71	15.84	9.45	6.94	6.99	4.95	5.67
Total Non-Current Assets	470.65	575.88	690.75	710.97	705.62	652.55	607.40	565.36	591.02
Total Assets	740.84	912.43	996.24	974.30	993.11	929.65	887.71	845.16	832.06
Current Liabilities
Accounts Payable	25.97	42.48	64.24	44.59	36.19	23.42	24.33	43.93	29.40
Short-Term Debt	4.05	4.05	13.02	8.69	8.84	8.25	0.76	19.05	17.80
Current Portion of Long-Term Debt	4.05	4.05	4.38	-	-	-	-	-	-
Accrued Liabilities	44.81	62.25	66.99	59.40	89.60	-	-	-	-
Deferred Revenue	62.55	65.83	66.35	64.60	66.13	40.25	38.68	34.45	25.77
Other Current Liabilities	13.63	1.07	68.36	75.58	92.40	87.79	81.58	67.89	71.24
Total Current Liabilities	158.25	183.55	211.97	193.46	203.56	159.71	145.35	165.32	144.21
Non-Current Liabilities
Long-Term Debt	210.00	173.53	201.79	174.42	240.57	173.61	165.00	148.85	178.00
Deferred Tax Liabilities	4.62	6.27	9.49	15.36	21.23	17.64	12.48	10.93	17.31
Other Non-Current Liabilities	3.95	38.77	4.05	9.30	17.22	19.79	19.15	6.69	5.17
Total Non-Current Liabilities	288.62	242.56	233.76	209.05	288.83	220.64	207.28	174.16	207.70
Total Liabilities	446.87	426.11	445.73	402.51	492.39	380.35	352.63	339.47	351.91
Stockholders' Equity
Common Stock	4.44	4.38	4.31	4.27	4.13	3.99	3.93	3.89	3.86
Retained Earnings	-6.90	103.58	238.91	278.68	333.00	417.27	420.33	405.19	385.14
Treasury Stock	441.85	441.85	441.85	441.85	-	-	-	-	-
Additional Paid-in Capital	548.72	198.30	195.08	183.64	163.59	128.04	110.82	96.60	91.15
Shares Outstanding	29.41	28.73	28.06	27.64	-	-	-	-	-
Total Stockholders' Equity	293.97	486.33	550.51	571.79	500.72	549.30	535.08	505.68	480.15
Total Liabilities & Equity	740.84	912.43	996.24	974.30	993.11	929.65	887.71	845.16	832.06

Source: Company financial statements from annual and quarterly filings. Data as of Apr 30, 2026. Data sources and methodology

Frequently Asked Questions About Comtech Telecommunications Balance Sheet

How much debt does Comtech Telecommunications have?

Comtech Telecommunications had total debt of $214.05M as of Jul 31, 2025, against $40.02M in cash and short-term investments. Its debt-to-equity ratio was 0.73. Total debt was $177.58M a year earlier.

What are Comtech Telecommunications's total assets?

Comtech Telecommunications reported total assets of $740.84M as of Jul 31, 2025, down 18.8% from $912.43M a year earlier. Total liabilities were $446.87M.

What is Comtech Telecommunications's shareholders' equity?

Comtech Telecommunications's shareholders' equity was $293.97M as of Jul 31, 2025, or about $10.00 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition