For the quarter ending 2025-09-30, TH has $541,155K in assets. $138,909K in debts. $30,387K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 30,387 | 19,237 | ||
| Accounts receivable, less allowance for credit losses of 702 and 534, respectively | 42,734 | 57,435 | ||
| Prepaid expenses and other assets | 6,323 | 6,375 | ||
| Total current assets | 79,444 | 83,047 | ||
| Specialty rental assets, net | 331,694 | 317,375 | ||
| Other property, plant and equipment, net | 36,324 | 36,889 | ||
| Operating lease right-of-use assets, net | 8,534 | 7,719 | ||
| Goodwill | 41,038 | 41,038 | ||
| Other intangible assets, net | 42,704 | 46,076 | ||
| Deferred financing costs revolver, net | 1,417 | 1,570 | ||
| Total assets | 541,155 | 533,714 | ||
| Accounts payable | 45,812 | 21,426 | ||
| Accrued liabilities | 17,542 | 17,168 | ||
| Deferred revenue and customer deposits | 9,434 | 8,508 | ||
| Current portion of operating lease obligations | 7,411 | 7,106 | ||
| Current portion of finance lease and other financing obligations (note 7) | 2,221 | 2,411 | ||
| Revolving credit facility (note 7) | - | 24,000 | ||
| Total current liabilities | 82,420 | 56,619 | ||
| Long-term finance lease and other financing obligations | 2,016 | 2,343 | ||
| Long-term operating lease obligations | 1,635 | 1,976 | ||
| Deferred revenue and customer deposits | 5,534 | 536 | ||
| Deferred tax liability | 44,643 | 44,427 | ||
| Asset retirement obligations | 2,661 | 2,628 | ||
| Total liabilities | 138,909 | 132,529 | ||
| Common stock, 0.0001 par, 400,000,000 authorized, 113,076,462 issued and 99,779,532 outstanding as of september 30, 2025 and 112,248,984 issued and 98,952,054 outstanding as of december 31, 2024 | 10 | 10 | ||
| Common stock in treasury at cost, 13,296,930 shares as of september 30, 2025 and 13,296,930 shares as of december 31, 2024 | 57,304 | 57,304 | ||
| Additional paid-in-capital | 152,272 | 150,350 | ||
| Accumulated other comprehensive loss | -2,794 | -2,768 | ||
| Accumulated earnings | 310,193 | 310,988 | ||
| Total stockholders' equity attributable to target hospitality corp. stockholders | 402,377 | 401,276 | ||
| Noncontrolling interest in consolidated subsidiaries | -131 | -91 | ||
| Total stockholders' equity | 402,246 | 401,185 | ||
| Total liabilities and stockholders' equity | 541,155 | 533,714 | ||
Target Hospitality Corp. (TH)
Target Hospitality Corp. (TH)