Acushnet Holdings (GOLF) Financials

Acushnet Holdings Corp (GOLF) is a leading golf equipment and apparel company that operates globally. The company's financial statements provide valuable insights into its performance and financial health. Let's take a closer look at some key financial metrics for Acushnet Holdings Corp.

Starting with the income statement, Acushnet Holdings Corp reported a total revenue of $1.65 billion for the most recent fiscal year. The company's gross profit stood at $862.3 million, reflecting a strong margin. EBIT, or earnings before interest and taxes, amounted to $123.6 million, while net income attributable to stockholders reached $72.8 million.

Moving to the balance sheet, Acushnet Holdings Corp had total assets of $1.95 billion, with stockholders' equity amounting to $778.5 million. The company also had a total debt of $654.5 million and total liabilities of $1.17 billion. Cash equivalents stood at $174.2 million, reflecting the company's liquidity position.

Analyzing the cash flow statement, Acushnet Holdings Corp reported operating cash flow of $117.3 million, demonstrating its ability to generate cash from its core operations. The company's investing cash flow was $(53.8) million, primarily driven by capital expenditures. On the other hand, the financing cash flow was $(77.1) million, mainly due to debt repayments.

Zooming out to the bigger picture, Acushnet Holdings Corp has been focused on driving growth and expanding its market presence. The company's financial performance has been solid, with consistent revenue growth and strong profitability. Acushnet Holdings Corp's commitment to innovation and delivering high-quality products has helped it maintain a strong position in the golf industry.

In conclusion, Acushnet Holdings Corp's financials showcase a company that is performing well in the golf equipment and apparel market. With a strong balance sheet, solid cash flow, and a focus on growth, the company is well-positioned for continued success.