For the quarter ending 2025-09-30, SLND-WT has $1,136,068K in assets. $1,048,628K in debts. $40,482K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 40,482 | 46,517 | ||
| Restricted cash | 16,862 | 16,779 | ||
| Accounts receivable, net | 195,072 | 158,134 | ||
| Retainage receivables | 120,535 | 115,529 | ||
| Contract assets | 468,551 | 500,520 | ||
| Other current assets | 28,177 | 29,704 | ||
| Total current assets | 869,679 | 867,183 | ||
| Property and equipment, net | 112,188 | 108,437 | ||
| Right-of-use assets | 9,900 | 10,135 | ||
| Investments - unconsolidated entities | 134,608 | 132,541 | ||
| Investments - limited liability companies | 2,590 | 2,590 | ||
| Investments - private equity | 2,554 | 2,580 | ||
| Deferred tax asset | 143 | 57,396 | ||
| Goodwill | 1,528 | 1,528 | ||
| Intangible assets, net | 1,180 | 1,180 | ||
| Other noncurrent assets | 1,698 | 1,698 | ||
| Total noncurrent assets | 266,389 | 318,085 | ||
| Total assets | 1,136,068 | 1,185,268 | ||
| Accounts payable | 233,895 | 221,818 | ||
| Retainage payable | 35,413 | 33,662 | ||
| Accrued liabilities | 76,812 | 75,459 | ||
| Current portion of long-term debt | 51,356 | 48,895 | ||
| Short-term operating lease liabilities | 6,272 | 5,886 | ||
| Contract liabilities | 268,210 | 250,942 | ||
| Total current liabilities | 671,958 | 636,662 | ||
| Long-term debt | 216,443 | 229,728 | ||
| Long-term operating lease liabilities | 16,838 | 9,952 | ||
| Deferred tax liabilities | 3,071 | 3,138 | ||
| Financing obligations, net | 41,462 | 41,476 | ||
| Long-term accrued liabilities | 58,075 | 58,075 | ||
| Other noncurrent liabilities | 40,781 | 40,769 | ||
| Total long-term liabilities | 376,670 | 383,138 | ||
| Total liabilities | 1,048,628 | 1,019,800 | ||
| Common stock, 0.0001 par value, authorized 500,000,000 shares, 54,113,036 and 53,936,411 issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 5 | 5 | ||
| Additional paid-in-capital | 292,872 | 292,744 | ||
| Accumulated deficit | -214,745 | -139,476 | ||
| Accumulated other comprehensive loss | -3,155 | -2,156 | ||
| Total stockholders' equity | 74,977 | 151,117 | ||
| Noncontrolling interest | 12,463 | 14,351 | ||
| Total equity | 87,440 | 165,468 | ||
| Total liabilities and equity | 1,136,068 | 1,185,268 | ||
Southland Holdings, Inc. (SLND-WT)
Southland Holdings, Inc. (SLND-WT)