MGRC: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, MGRC has $2,350,871K in assets. $1,154,665K in debts. $7,256K in cash and cash equivalents.

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

Balance Sheets	2025-09-30	2025-06-30
Cash	7,256	1,469
Accounts receivable, net of allowance for credit losses of 2,866 at september 30, 2025 and at december 31, 2024	241,346	233,801
Relocatable modular buildings	1,456,049	1,443,314
Portable storage containers	243,386	244,261
Electronic test equipment	338,397	333,171
Rental equipment, gross	2,037,832	2,020,746
Less accumulated depreciation	637,863	627,064
Rental equipment, net	1,399,969	1,393,682
Property, plant and equipment, net	224,881	215,720
Inventories	13,422	12,297
Prepaid expenses and other assets	82,362	85,748
Intangible assets, net	49,262	51,919
Goodwill	332,373	332,373
Total assets	2,350,871	2,327,009

Notes payable	551,800	572,525
Accounts payable	55,131	54,864
Accrued liabilities	113,920	118,177
Deferred income	130,767	125,389
Deferred income taxes, net	303,047	292,893
Total liabilities	1,154,665	1,163,848
Common stock, no par value - authorized 40,000 shares issued and outstanding - 24,612 shares as of september 30, 2025 and 24,551 shares as of december 31, 2024	118,648	115,891
Retained earnings	1,077,558	1,047,270
Total shareholders equity	1,196,206	1,163,161
Total liabilities and shareholders equity	2,350,871	2,327,009