Verisk Analytics Inc
For the period ended Sep 30, 2024. Filed Oct 30, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 30, 2024
VRSK$200.60-2.0%Stored close · as of Nov 9, 2026
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Condensed Consolidated Balance Sheets
CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| (in millions, except for share and per share data) | ||
| ASSETS: | ||
| Current assets: | ||
| Cash and cash equivalents | $458.0 | $302.7 |
| Accounts receivable, net of allowance for doubtful accounts of $22.2 and $15.1, respectively | 446.1 | 334.2 |
| Prepaid expenses | 77.0 | 84.5 |
| Income taxes receivable | 80.5 | 23.5 |
| Other current assets | 31.0 | 65.2 |
| Total current assets | 1,092.6 | 810.1 |
| Noncurrent assets: | ||
| Fixed assets, net | 621.8 | 604.9 |
| Operating lease right-of-use assets, net | 164.1 | 191.7 |
| Intangible assets, net | 422.6 | 471.7 |
| Goodwill | 1,792.8 | 1,760.8 |
| Deferred income tax assets | 32.3 | 30.8 |
| Other noncurrent assets | 437.0 | 496.1 |
| Total assets | $4,563.2 | $4,366.1 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable and accrued liabilities | $282.4 | $340.8 |
| Short-term debt and current portion of long-term debt | 516.1 | 14.5 |
| Deferred revenues | 499.0 | 375.1 |
| Operating lease liabilities | 26.7 | 33.1 |
| Income taxes payable | 10.9 | 7.9 |
| Total current liabilities | 1,335.1 | 771.4 |
| Noncurrent liabilities: | ||
| Long-term debt | 2,546.9 | 2,852.2 |
| Deferred income tax liabilities | 187.5 | 210.1 |
| Operating lease liabilities | 168.8 | 195.6 |
| Other noncurrent liabilities | 20.2 | 14.6 |
| Total liabilities | 4,258.5 | 4,043.9 |
| Commitments and contingencies (Note 16) | ||
| Stockholders’ equity: | ||
| Common stock, $.001 par value; 2,000,000,000 shares authorized; 544,003,038 shares issued; 141,396,745 and 143,308,729 shares outstanding, respectively | 0.1 | 0.1 |
| Additional paid-in capital | 2,957.7 | 2,872.3 |
| Treasury stock, at cost, 402,606,293 and 400,694,309 shares, respectively | (9,747.3) | (9,037.5) |
| Retained earnings | 6,998.1 | 6,416.9 |
| Accumulated other comprehensive income | 91.0 | 58.2 |
| Total Verisk stockholders' equity | 299.6 | 310.0 |
| Noncontrolling interests | 5.1 | 12.2 |
| Total stockholders’ equity | 304.7 | 322.2 |
| Total liabilities and stockholders’ equity | $4,563.2 | $4,366.1 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.