THE ODP CORPORATION Selected Consolidated Financial Data
For The Quarter Ended March 30, 2024
(Dollars In Millions)
(Unaudited)
Balance Sheet Summary
Cash | $282 | Short-Term Debt | $10 | |
Receivables | $466 | Trade Payables | $755 | |
Inventory | $733 | Other Current Liabilities | $859 | |
Other Current Assets | $43 | Total Current Liabilities | $1,624 | |
Total Current Assets | $1,524 | |||
Long-Term Debt | $115 | |||
Property & Equipment | $360 | Other Long-Term Liabilities | $927 | |
Other Long-Term Assets | $1,851 | Total Liabilities | $2,666 | |
Total Assets | $3,735 | Shareholders' Equity | $1,069 | |
Earnings and Cash Flow Summary | ||||
Q1 | YTD | LTM | ||
Adjusted EBITDA1 | $82 | $82 | $366 | |
Q1 | YTD | LTM | ||
Operating Cash Flows | $38 | $38 | $212 | |
Capital Expenditures | ($35) | ($35) | ($112) | |
Restricted Cash | $0 | $0 | ($1) | |
Free Cash Flow1 | $3 | $3 | $99 | |
Liquidity & Capitalization Summary | ||||
Capitalization | Short-Term Liquidity | |||
Short-Term Debt | $10 | Cash and cash equivalents | $282 | |
Long-Term Debt | $115 | Credit Line Availability | $689 | |
Shareholders' Equity | $1,069 | Total Available Liquidity | $971 | |
Total Invested Capital | $1,194 | |||
Net Cash (Debt) Position | $157 | |||
Credit Profile and Metrics (as calculated) | ||||
Current Ratio | 0.94 | NASDAQ Stock Symbol | ODP | |
Cash Coverage Ratio | 0.12 | D&B Failure Score2, 3 | 44 | |
Total Debt/ Total Assets | 0.03 | D&B Paydex®2, 3 | 75 | |
Total Debt/ Equity | 0.12 |
1 Adjusted EBITDA and Free Cash Flow are Non-GAAP financial measures. Please see https://investor.theodpcorp.com/financial-information/supplemental-data 2 D&B and Paydex are trademarks of the Dunn & Bradstreet Corporation. D&B Metrics as of 02/06/2023
3 D&B Failure Score (formerly Financial Stress Score), and Paydex are for The ODP Corporation
Definitions
Current Ratio = current assets/current liabilities
Total Debt / Total Assets = (short-term debt + long-term debt)/Total assets
Cash Coverage Ratio = LTM operating cash flows/Average current liabilities
Total Debt/ Equity = (Short-term debt + Long-term debt)/Shareholders' equity
Net Cash (Debt) Position = Cash and Cash Equivalents - Short-Term Debt - Long-Term Debt
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Disclaimer
ODP Corporation published this content on 08 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 May 2024 10:57:02 UTC.
