QuidelOrtho Corp
For the period ended Dec 29, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
QDEL$12.09+13.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(In millions, except par value)
| December 29, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $98.3 | $118.9 |
| Marketable securities | — | 48.4 |
| Accounts receivable, net | 282.4 | 303.3 |
| Inventories | 533.7 | 577.8 |
| Prepaid expenses and other current assets | 262.4 | 262.1 |
| Assets held for sale | 42.1 | — |
| Total current assets | 1,218.9 | 1,310.5 |
| Property, plant and equipment, net | 1,380.2 | 1,443.8 |
| Marketable securities | — | 7.4 |
| Right-of-use assets | 168.7 | 169.6 |
| Goodwill | 649.5 | 2,492.0 |
| Intangible assets, net | 2,735.6 | 2,934.3 |
| Deferred tax assets | — | 25.9 |
| Other assets | 270.7 | 179.6 |
| Total assets | $6,423.6 | $8,563.1 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $246.0 | $294.8 |
| Accrued payroll and related expenses | 116.9 | 84.8 |
| Income tax payable | 5.4 | 11.1 |
| Current portion of borrowings | 341.8 | 139.8 |
| Other current liabilities | 288.7 | 303.3 |
| Total current liabilities | 998.8 | 833.8 |
| Operating lease liabilities | 167.2 | 172.8 |
| Long-term borrowings | 2,141.3 | 2,274.8 |
| Deferred tax liabilities | 76.5 | 192.2 |
| Other liabilities | 55.3 | 83.6 |
| Total liabilities | 3,439.1 | 3,557.2 |
| Commitments and contingencies (Note 14) | ||
| Stockholders’ equity: | ||
| Preferred stock, $0.001 par value per share; 5.0 shares authorized; none issued or outstanding at December 29, 2024 and December 31, 2023 | — | — |
| Common stock, $0.001 par value per share; 126.2 shares authorized; 67.3 and 66.7 shares issued and outstanding at December 29, 2024 and December 31, 2023, respectively | 0.1 | 0.1 |
| Additional paid-in capital | 2,884.8 | 2,848.0 |
| Accumulated other comprehensive loss | (36.2) | (30.0) |
| Retained earnings | 135.8 | 2,187.8 |
| Total stockholders’ equity | 2,984.5 | 5,005.9 |
| Total liabilities and stockholders’ equity | $6,423.6 | $8,563.1 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.