MGRC: the balance sheet

MyFinsight

For the year ending 2025-12-31, MGRC has $2,357,117K in assets. $1,120,094K in debts. $295K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash	295
Accounts receivable, net of allowance for credit losses of 2,866 at december 31, 2025 and 2024	231,865
Relocatable modular buildings	1,485,794
Portable storage containers	245,141
Electronic test equipment	337,100
Rental equipment, gross	2,068,035
Less accumulated depreciation	647,137
Rental equipment, net	1,420,898
Property, plant and equipment, gross	317,396
Less accumulated depreciation	98,593
Property Plant And Equipment Net	218,803
Construction in progress	14,689
Property, plant and equipment, net	233,492
Inventories	8,027
Prepaid expenses and other assets	83,351
Intangible assets, net	46,605
Goodwill	332,584
Total assets	2,357,117

Notes Payable Amount After Reclassification Of Prepaid Debt Financing Cost	514,950
Unamortized debt issuance cost	26
Notes payable	514,924
Accounts payable	66,233
Accrued liabilities	114,764
Deferred income	110,593
Deferred income taxes, net	313,580
Total liabilities	1,120,094
Common stock, no par value - authorized 40,000 shares issued and outstanding - 24,612 shares as of december 31, 2025 and 24,551 shares as of december 31, 2024	121,785
Retained earnings	1,115,238
Total shareholders equity	1,237,023
Total liabilities and shareholders equity	2,357,117

Unit: Thousand (K) dollars (except for numbers of shares and EPS).