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Southland Holdings, Inc. (SLND-WT)

Southland Holdings, Inc. (SLND-WT)

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Balance Sheets Overview

Current Ratio
127.40%
Quick Ratio
127.40%
Cash Ratio
8.13%
Debt to Asset Ratio
131.63%
Unit: Thousand (K) dollars
Assets Breakdown
    • Investments - unconsolidated ent...
    • Accounts receivable, net
    • Property and equipment, net
    • Others
Liabilities Breakdown
    • Accumulated deficit
    • Surety payable
    • Additional paid-in-capital
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Cash and cash equivalents
34,878
20,544
52,713
40,482
Restricted cash
10,845
11,408
14,755
16,862
Accounts receivable, net
108,371
152,406
167,786
195,072
Retainage receivables
93,368
100,988
101,779
120,535
Contract assets
272,344
366,431
366,607
468,551
Other current assets
26,771
26,766
30,326
28,177
Total current assets
546,577
678,543
733,966
869,679
Property and equipment, net
94,580
101,276
107,305
112,188
Right-of-use assets
8,282
9,969
10,524
9,900
Investments - unconsolidated entities
126,824
130,751
129,696
134,608
Investments - limited liability companies
2,262
2,262
2,323
2,590
Investments - private equity
2,452
2,403
2,588
2,554
Deferred tax asset
1,049
7
3
143
Goodwill
1,528
1,528
1,528
1,528
Intangible assets, net
1,180
1,180
1,180
1,180
Other noncurrent assets
-
159
167
1,698
Total noncurrent assets
238,157
249,535
255,314
266,389
Total assets
784,734
928,078
989,280
1,136,068
Accounts payable
80,538
128,615
224,915
233,895
Retainage payable
28,657
31,603
36,977
35,413
Accrued liabilities
61,433
77,653
80,011
76,812
Current portion of long-term debt
58,041
56,094
53,731
51,356
Short-term lease liabilities
-
-
6,808
-
Short-term operating lease liabilities
5,934
6,738
-
6,272
Contract liabilities
194,416
226,709
252,543
268,210
Total current liabilities
429,019
527,412
654,985
671,958
Long-term debt
148,754
174,697
203,971
216,443
Long-term lease liabilities
-
-
16,403
-
Long-term operating lease liabilities
13,871
15,200
-
16,838
Deferred tax liabilities
2,311
2,981
3,032
3,071
Financing obligations, net
41,394
41,417
41,440
41,462
Long-term accrued liabilities
58,075
58,075
58,075
58,075
Surety payable
298,900
228,342
-
-
Other noncurrent liabilities
40,594
40,593
143,880
40,781
Total long-term liabilities
603,899
561,305
466,801
376,670
Total liabilities
1,032,918
1,088,717
1,121,786
1,048,628
Common stock, 0.0001 par value, authorized 500,000,000 shares, 54,435,257 and 54,113,036 issued and outstanding as of june 30, 2026 and december 31, 2025, respectively
5
5
5
5
Additional paid-in-capital
294,022
293,737
293,237
292,872
Accumulated deficit
-543,777
-459,510
-431,158
-214,745
Accumulated other comprehensive loss
-3,783
-3,174
-3,018
-3,155
Total stockholders' equity (deficit)
-253,533
-168,942
-140,934
74,977
Noncontrolling interest
5,349
8,303
8,428
12,463
Total equity (deficit)
-248,184
-160,639
-132,506
87,440
Total liabilities and equity
784,734
928,078
989,280
1,136,068
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Contract assets$272,344K (-45.59%↓ Y/Y)Accounts receivable, net$108,371K (-31.47%↓ Y/Y)Retainage receivables$93,368K (-19.18%↓ Y/Y)Cash and cashequivalents$34,878K (-25.02%↓ Y/Y)Other current assets$26,771K (-9.87%↓ Y/Y)Restricted cash$10,845K (-35.37%↓ Y/Y)Investments -unconsolidated entities$126,824K (-4.31%↓ Y/Y)Property and equipment,net$94,580K (-12.78%↓ Y/Y)Right-of-use assets$8,282K (-18.28%↓ Y/Y)Investments - private equity$2,452K (-4.96%↓ Y/Y)Investments - limitedliability companies$2,262K (-12.66%↓ Y/Y)Goodwill$1,528K (0.00%↑ Y/Y)Intangible assets, net$1,180K (0.00%↑ Y/Y)Deferred tax asset$1,049K (-98.17%↓ Y/Y)Total current assets$546,577K (-36.97%↓ Y/Y)Total noncurrentassets$238,157K (-25.13%↓ Y/Y)Accumulated deficit-$543,777K (-289.87%↓ Y/Y)Accumulated othercomprehensive loss-$3,783K (-75.46%↓ Y/Y)Total assets$784,734K (-33.79%↓ Y/Y)Total stockholders'equity (deficit)-$253,533K (-267.77%↓ Y/Y)Additionalpaid-in-capital$294,022K (0.44%↑ Y/Y)Common stock, 0.0001par value,...$5K (0.00%↑ Y/Y)Total liabilities andequity$784,734K (-33.79%↓ Y/Y)Total equity(deficit)-$248,184K (-249.99%↓ Y/Y)Noncontrolling interest$5,349K (-62.73%↓ Y/Y)Total liabilities$1,032,918K (1.29%↑ Y/Y)Total long-termliabilities$603,899K (57.62%↑ Y/Y)Total currentliabilities$429,019K (-32.61%↓ Y/Y)Surety payable$298,900K Long-term debt$148,754K (-35.25%↓ Y/Y)Long-term accruedliabilities$58,075K (0.00%↑ Y/Y)Financing obligations,net$41,394K (-0.20%↓ Y/Y)Other noncurrentliabilities$40,594K (-0.43%↓ Y/Y)Long-term operating leaseliabilities$13,871K (39.38%↑ Y/Y)Deferred tax liabilities$2,311K (-26.35%↓ Y/Y)Contract liabilities$194,416K (-22.53%↓ Y/Y)Accounts payable$80,538K (-63.69%↓ Y/Y)Accrued liabilities$61,433K (-18.59%↓ Y/Y)Current portion oflong-term debt$58,041K (18.71%↑ Y/Y)Retainage payable$28,657K (-14.87%↓ Y/Y)Short-term operating leaseliabilities$5,934K (0.82%↑ Y/Y)