For the quarter ending 2026-03-31, TROX had -$73M decrease in cash & cash equivalents over the period. -$135M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -104 | -177 | -100 | -196 |
| Depreciation, depletion and amortization | 75 | 82 | 75 | 145 |
| Deferred income taxes | 0 | -2 | 7 | 7 |
| Share-based compensation expense | 6 | 6 | 5 | 9 |
| Amortization of deferred debt issuance costs and discount on debt | 3 | 3 | 2 | 5 |
| Loss on extinguishment of debt | - | 0 | 0 | - |
| Restructuring and other charges | 14 | 79 | 25 | 128 |
| Other non-cash items affecting net loss | -16 | -16 | -14 | -29 |
| Increase in accounts receivable, net of allowance for credit losses | 43 | -15 | 5 | 19 |
| Decrease (increase) in inventories, net | -67 | -47 | -3 | 76 |
| Decrease in prepaid and other assets | -5 | -20 | -10 | -29 |
| Restructuring payments | 19 | 19 | 30 | 27 |
| Decrease in accounts payable and accrued liabilities | -80 | 44 | -47 | -23 |
| Net changes in income tax payables and receivables | 0 | 0 | 3 | -5 |
| Changes in other non-current assets and liabilities | 8 | -7 | 19 | 10 |
| Cash used in operating activities | -68 | 121 | -57 | -4 |
| Proceeds from the sale of assets | - | 1 | 1 | 2 |
| Capital expenditures | 67 | 68 | 80 | 193 |
| Purchase of investment securities | - | 6 | - | - |
| Loans | 0 | 0 | 0 | 15 |
| Cash used in investing activities | -67 | -73 | -79 | -176 |
| Repayments of short-term debt | 97 | 8 | 125 | 11 |
| Repayments of long-term debt | 8 | 8 | 7 | 14 |
| Proceeds from long-term debt | - | 0 | 400 | - |
| Repayments of inventory financing arrangement | 50 | - | - | - |
| Proceeds from short-term debt | 182 | 0 | -103 | 203 |
| Proceeds from inventory financing arrangement | 50 | 0 | 50 | - |
| Debt issuance costs | 2 | 0 | 6 | 1 |
| Dividends paid | 8 | 8 | 20 | 20 |
| Restricted stock and performance-based shares settled in cash for withholding taxes | 0 | 0 | 0 | 1 |
| Cash provided by financing activities | 67 | -24 | 189 | 156 |
| Effects of exchange rate changes on cash and cash equivalents and restricted cash | -5 | 1 | 0 | 5 |
| Net decrease in cash and cash equivalents and restricted cash | -73 | 25 | 53 | -19 |
| Cash and cash equivalents and restricted cash at beginning of period | 211 | 186 | 152 | - |
| Cash and cash equivalents and restricted cash at end of period | 138 | 211 | 186 | - |
Tronox Holdings plc (TROX)
Tronox Holdings plc (TROX)