For the quarter ending 2025-09-30, TISI has $531,047K in assets. $499,056K in debts. $14,812K in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 14,812 | 20,709 | ||
| Accounts receivable, net of allowance of 4,379 and 3,271 respectively | 194,650 | 207,533 | ||
| Inventory | 41,526 | 41,539 | ||
| Income tax receivable | 368 | 594 | ||
| Prepaid expenses and other current assets | 59,523 | 56,121 | ||
| Total current assets | 310,879 | 326,496 | ||
| Property, plant and equipment, net | 111,018 | 112,247 | ||
| Intangible assets, net | 40,952 | 44,056 | ||
| Operating lease right-of-use assets | 45,742 | 43,488 | ||
| Defined benefit pension asset | 5,582 | 5,535 | ||
| Other assets, net | 15,066 | 14,561 | ||
| Deferred tax asset | 1,808 | 1,978 | ||
| Total assets | 531,047 | 548,361 | ||
| Current portion of long-term debt and finance lease obligations | 4,003 | 3,833 | ||
| Current portion of operating lease obligations | 16,035 | 15,080 | ||
| Accounts payable | 38,929 | 43,028 | ||
| Other accrued liabilities | 97,988 | 100,756 | ||
| Income tax payable | 2,836 | 3,106 | ||
| Total current liabilities | 159,791 | 165,803 | ||
| Long-term debt and finance lease obligations | 298,820 | 366,381 | ||
| Operating lease obligations | 32,327 | 31,220 | ||
| Deferred tax liabilities | 4,665 | 4,525 | ||
| Other long-term liabilities | 3,453 | 3,356 | ||
| Total liabilities | 499,056 | 571,285 | ||
| Redeemable preferred stock, par value 100.00 per share, 75,000 and 0 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 49,644 | - | ||
| Preferred stock, 500,000 shares authorized, 75,000 (included in redeemable preferred stock) and 0 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 0 | 0 | ||
| Common stock, par value 0.30 per share, 12,000,000 shares authorized 4,498,854 and 4,493,338 shares issued and outstanding at september 30, 2025 and december 31, 2024, respectively | 1,350 | 1,350 | ||
| Additional paid-in capital | 479,119 | 460,434 | ||
| Accumulated deficit | -461,098 | -449,651 | ||
| Accumulated other comprehensive loss | -37,024 | -35,057 | ||
| Total shareholders equity (deficit) | -17,653 | -22,924 | ||
| Total liabilities, redeemable preferred stock and shareholders equity (deficit) | 531,047 | 548,361 | ||
TEAM INC (TISI)
TEAM INC (TISI)