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Ping Identity Holding Corp. (PING)

Balance Sheet

Standardized | As Reported Annual | Quarterly
  Older >>
In millions, except per share itemsJun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20Sep-30-20
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Assets          
Current assets:          
    Cash and cash equivalents  210.3213.3220.651.0104.355.0145.7173.2
    Accounts receivable, net of allowances of $608 and $610 at June 30, 2022 and December 31, 2021, respectively  78.374.383.062.264.765.782.349.7
    Contract assets, current (net of allowance)  46.961.567.568.563.061.662.569.8
    Deferred commissions, current  11.510.810.58.07.76.86.65.8
    Prepaid expenses  19.921.116.718.214.115.317.617.7
    Other current assets  3.02.12.92.82.21.81.91.1
        Total current assets  369.9383.0401.1210.8256.0206.2316.7317.2
   
Noncurrent assets:          
    Property and equipment, net  8.89.09.48.38.89.19.49.6
    Goodwill  526.0527.9528.5529.6473.7441.4441.2418.7
    Intangible assets, net  176.1183.3190.1196.0179.3175.5180.4177.4
    Contract assets, noncurrent (net of allowance)  5.75.63.54.25.28.111.314.2
    Deferred commissions, noncurrent  20.619.419.413.711.89.79.38.2
    Deferred income taxes, net  4.23.16.23.93.44.04.02.7
    Operating lease right-of-use assets  11.812.913.713.214.114.815.615.1
    Other noncurrent assets  8.89.06.14.72.93.32.52.5
   
        Total noncurrent assets          
    Total assets  1,132.01,153.11,178.0984.4955.1872.1990.5965.6
   
Liabilities and stockholders' equity          
Current liabilities:          
    Accounts payable  4.99.74.51.72.90.62.80.7
    Accrued expenses and other current liabilities  20.216.829.319.320.212.917.210.4
    Accrued compensation  20.216.829.319.320.212.917.210.4
    Deferred revenue, current  81.270.472.045.543.446.049.235.6
    Operating lease liabilities, current  4.34.44.34.14.14.14.03.8
    Current portion of long-term debt (net of issuance costs)  1.91.91.1     
        Total current liabilities  122.9113.0121.581.778.471.680.557.4
   
Noncurrent liabilities:          
    Deferred revenue, noncurrent  3.94.35.64.24.33.43.22.4
    Long-term debt (net of issuance costs)  290.2290.7291.2119.2119.139.1149.0149.0
    Deferred income taxes, net  1.90.84.26.89.614.317.919.7
    Operating lease liabilities, noncurrent  11.713.114.114.115.216.217.217.0
        Total noncurrent liabilities  307.8308.8315.1145.9149.874.5188.9190.6
    Total liabilities  430.7421.8436.6227.6228.2146.1269.3248.0
   
Commitments and contingencies (Note 15)          
Stockholders' equity:          
    Preferred stock; $0.001 par value; 50,000,000 shares authorized at June 30, 2022 and December 31, 2021; no shares issued or outstanding at June 30, 2022 or December 31, 2021          
    Common stock; $0.001 par value; 500  0.10.10.10.10.10.10.10.1
    Additional paid-in capital  856.0835.5824.5813.9771.3759.6739.1733.8
    Accumulated other comprehensive income (loss)  -2.8-0.20.70.71.81.61.4-0.6
    Accumulated deficit  -151.9-104.0-83.8-57.8-46.3-35.3-19.4-15.7
        Total stockholders' equity  701.4731.3741.4756.8726.9726.0721.1717.6
    Total liabilities and stockholders' equity  1,132.01,153.11,178.0984.4955.1872.1990.5965.6

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