MSCI Inc. MSCI

Business rating

Price rating

$556.24Price on 18 Sept

$401.17 -27.9%Fair value estimate

Balance sheet

currency values in millions of USD

Strong cash generation and coverage offset by sub-1 liquidity and negative equity; solid but not a fortress.

Fiscal Year	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period Ending	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31
Cash & Equivalents	405.9	457.8	993.2	1,421.4	1,300.5	1,506.6	904.2	889.5	791.8	777.7
Short Term Investments	0	0	0	0	0	0	0	0	0	0
Cash & Cash Equivalents	405.9	457.8	993.2	1,421.4	1,300.5	1,506.6	904.2	889.5	791.8	777.7
Net Receivables	820.7	839.6	663.2	664.5	558.6	499.3	473.4	327.6	221.5	208.2
Accounts Receivables	820.7	839.6	663.2	664.5	558.6	499.3	473.4	327.6	221.5	208.2
Other Receivables	0	0	0	0	0	0	0	0	0	0
Inventory	0	0	0	0	0	0	0	0	0	0
Prepaids	48.2	59	36.7	6	20.1	31.6	19.3	15.1	12.4	46.1
Other Current Assets	69.3	61.8	54.9	51.5	46.4	44.4	38.2	34.9	29.9	31.2
Total Current Assets	1,344	1,418.2	1,748	2,143.4	1,925.6	2,081.8	1,435.1	1,267.1	1,055.7	1,063.3
Property, Plant & Equipment	190.3	171.2	180.4	211.3	233.8	257.1	90.9	94.4	95.6	98.9
Long-Term Investments	0	0	214.4	218.8	190.9	0	0	0	0	0
Goodwill	2,915.2	2,887.7	2,229.7	2,236.4	1,566	1,562.9	1,545.8	1,560.6	1,555.9	1,565.6
Intangible Assets	907.6	956.2	558.5	593.3	234.7	261.5	280.8	321.8	347.6	391.5
Tax Assets	40.6	41.1	29.2	40.1	23.6	20.9	14.9	12	9.5	9.2
Other Long-Term Assets	47.7	43.9	37.3	63.4	24	20.3	20.5	19.6	18.3	18.5
Total Long-Term Assets	4,101.4	4,100.1	3,249.6	3,363.3	2,273	2,122.7	1,952.9	2,008.5	2,026.9	2,083.7
Other Assets	0	0	0	0	0	0	0	0	0	0
Total Assets	5,445.4	5,518.2	4,997.5	5,506.7	4,198.6	4,204.4	3,388	3,275.7	3,082.6	3,147
Account Payables	14.5	9.8	15	13.4	14.3	6.5	3.9	1.6	0.6	2.5
Deferred Revenue	1,123.4	1,083.9	882.9	824.9	675.9	574.7	538	374.4	334.4	317.6
Current Debt	0	10.9	8.7	0	0	0	0	0	0	0
Tax Payables	38	24.7	8.1	59.6	26.2	14.2	16.3	15.1	12.4	46.1
Other Payables	38	24.7	8.1	59.6	26.2	14.2	16.3	14.8	0	0
Accrued Expenses	192.2	168.3	153.5	145.3	143.9	139.1	113.8	85.7	82.5	61.4
Current Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	217.5	219.5	182.4	207.6	161.6	166.3	137	131.2	119.1	116.6
Total Current Liabilities	1,585.7	1,517	1,250.5	1,250.9	1,021.8	900.8	809	607.7	536.6	498.1
Long-Term Debt	4,510.8	4,496.8	4,503.2	4,161.4	3,366.8	3,071.9	2,575.5	2,078.1	2,075.2	1,579.4
Long-Term Capital Lease Obligations	121.2	120.1	131.6	150	152.3	164.1	0	0	0	0
Long-Term Deferred Revenue	0	0	0	0	0	0	0	0	0	0
Long-Term Deferred Tax Liabilities	47.6	27	29.1	3.7	12.8	66.6	82	78	94.1	110.9
Other Long-Term Liabilities	120.2	97	91	104.1	88.2	77.7	87.9	110.9	59.1	57
Total Long-Term Liabilities	4,799.8	4,741	4,754.9	4,419.2	3,620.1	3,380.4	2,745.4	2,267	2,228.4	1,747.4
Other Liabilities	0	0	0	0	0	0	0	0	0	0
Total Liabilities	6,385.4	6,258	6,005.5	5,670.2	4,641.9	4,281.2	3,554.4	2,874.7	2,765	2,245.5
Total Debt	4,632	4,627.9	4,643.5	4,311.5	3,519.1	3,236.1	2,575.5	2,078.1	2,075.2	1,579.4
Retained Earnings	4,780.3	4,179.7	3,473.2	2,976.5	2,554.3	2,199.3	1,857	1,505.2	1,322.2	1,158.5
Comprehensive Income	-71	-61.4	-60.2	-58.8	-58.9	-62.6	-58.4	-48.3	-60.7	-35.7
Stockholders Equity	-940	-739.8	-1,007.9	-163.5	-443.2	-76.7	-166.5	401	317.6	901.5
Total Liabilities & Equity	5,445.4	5,518.2	4,997.5	5,506.7	4,198.6	4,204.4	3,388	3,275.7	3,082.6	3,147
Book Value Per Share	-11.94	-9.31	-12.48	-1.98	-5.29	-0.91	-1.91	4.44	3.31	8.26
Tangible Book Value Per Share	-60.51	-57.68	-47.01	-36.28	-26.80	-22.46	-22.86	-16.40	-16.52	-9.67
Cash Per Share	5.16	5.76	12.30	17.23	15.53	17.80	10.37	9.85	8.25	7.13
Debt to Market Cap	0.10	0.10	0.12	0.08	0.09	0.14	0.20	0.18	0.27	0.20
All data is from our financial data partners, who compile data from SEC filings. Data errors are possible. If you spot one, please let us know.