For the quarter ending 2026-03-31, TISI has $479,409K in assets. $463,996K in debts. $12,839K in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 12,839 | 18,145 | 14,812 | 20,709 |
| Accounts receivable, net of allowance of 4,395 and 4,585 respectively | 182,007 | 177,884 | 194,650 | 207,533 |
| Inventory | 41,876 | 41,384 | 41,526 | 41,539 |
| Income tax receivable | 969 | 1,042 | 368 | 594 |
| Prepaid expenses and other current assets | 28,285 | 27,950 | 59,523 | 56,121 |
| Total current assets | 265,976 | 266,405 | 310,879 | 326,496 |
| Property, plant and equipment, net | 108,512 | 110,628 | 111,018 | 112,247 |
| Intangible assets, net | 34,770 | 37,849 | 40,952 | 44,056 |
| Operating lease right-of-use assets | 48,443 | 49,849 | 45,742 | 43,488 |
| Defined benefit pension asset | 5,163 | 5,144 | 5,582 | 5,535 |
| Other assets, net | 14,378 | 14,044 | 15,066 | 14,561 |
| Deferred tax asset | 2,167 | 1,534 | 1,808 | 1,978 |
| Total assets | 479,409 | 485,453 | 531,047 | 548,361 |
| Current portion of long-term debt and finance lease obligations | 3,884 | 3,858 | 4,003 | 3,833 |
| Current portion of operating lease obligations | 16,749 | 16,476 | 16,035 | 15,080 |
| Accounts payable | 34,703 | 42,010 | 38,929 | 43,028 |
| Other accrued liabilities | 61,953 | 56,724 | 97,988 | 100,756 |
| Income tax payable | 1,301 | 987 | 2,836 | 3,106 |
| Total current liabilities | 118,590 | 120,055 | 159,791 | 165,803 |
| Long-term debt and finance lease obligations | 302,616 | 293,343 | 298,820 | 366,381 |
| Operating lease obligations | 34,166 | 35,910 | 32,327 | 31,220 |
| Deferred tax liabilities | 4,832 | 4,984 | 4,665 | 4,525 |
| Other long-term liabilities | 3,792 | 3,691 | 3,453 | 3,356 |
| Total liabilities | 463,996 | 457,983 | 499,056 | 571,285 |
| Redeemable preferred stock, par value 100.00 per share, 75,000 shares issued and outstanding at march 31, 2026 and december 31, 2025 | 54,832 | 51,951 | 49,644 | - |
| Preferred stock, 500,000 shares authorized, 75,000 shares (included in redeemable preferred stock) issued and outstanding at march 31, 2026 and december 31, 2025 | 0 | 0 | 0 | 0 |
| Common stock, par value 0.30 per share, 12,000,000 shares authorized 4,571,382 and 4,532,240 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively | 1,371 | 1,360 | 1,350 | 1,350 |
| Additional paid-in capital | 473,730 | 475,829 | 479,119 | 460,434 |
| Accumulated deficit | -476,210 | -464,877 | -461,098 | -449,651 |
| Accumulated other comprehensive loss | -38,310 | -36,793 | -37,024 | -35,057 |
| Total shareholders equity (deficit) | -39,419 | -24,481 | -17,653 | -22,924 |
| Total liabilities, redeemable preferred stock and shareholders equity (deficit) | 479,409 | 485,453 | 531,047 | 548,361 |
TEAM INC (TISI)
TEAM INC (TISI)