Tidewater Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	578.76	324.92	274.44	164.19	149.04
Cash & Short-Term Investments	578.76	324.92	274.44	164.19	149.04
Cash Growth	78.13%	18.39%	67.14%	10.17%	-0.60%
Receivables	285.37	323.81	268.35	156.47	156.64
Inventory	38.48	34.32	31.93	30.83	12.61
Prepaid Expenses	11.52	12.49	9.77	16.29	6.93
Restricted Cash	-	2.03	1.24	1.24	1.24
Other Current Assets	-	1.1	5.4	8.9	16.22
Total Current Assets	914.14	698.66	591.14	377.91	342.67
Property, Plant & Equipment	1,072	1,195	1,322	803.7	691.48
Long-Term Deferred Tax Assets	200.94	-	-	-	-
Long-Term Deferred Charges	139.74	153.15	109.6	65.38	43.33
Other Long-Term Assets	60.08	27.66	39.71	50.67	18.29
Total Assets	2,387	2,075	2,063	1,298	1,096
Accounts Payable	66.35	71.39	44.93	38.95	20.79
Accrued Expenses	153.17	129.89	125.59	105.52	51.73
Current Portion of Long-Term Debt	5.85	65.39	103.08	-	-
Current Portion of Leases	-	4.9	1.79	2.11	1.41
Current Income Taxes Payable	-	48.12	44.46	39.36	18.98
Current Unearned Revenue	-	-	-	2.2	0.6
Other Current Liabilities	89.88	11.92	8.88	6.66	64.44
Total Current Liabilities	315.24	331.61	328.73	194.79	157.94
Long-Term Debt	649.05	571.71	631.36	169.04	167.89
Long-Term Leases	-	5.91	5.3	5.51	3.3
Pension & Post-Retirement Benefits	-	17.53	19	17.38	26.87
Other Long-Term Liabilities	61.37	36.96	40.68	44.96	38.01
Total Liabilities	1,026	963.72	1,025	431.67	394.01
Common Stock	0.05	0.05	0.05	0.05	0.04
Additional Paid-In Capital	1,663	1,657	1,672	1,557	1,376
Retained Earnings	-305.16	-548.83	-637.84	-699.65	-677.9
Comprehensive Income & Other	7.25	6.06	5.27	8.58	2.67
Total Common Equity	1,365	1,114	1,039	865.97	701.3
Minority Interest	-4.13	-2.93	-1.54	0.02	0.47
Shareholders' Equity	1,361	1,111	1,038	865.99	701.77
Total Liabilities & Equity	2,387	2,075	2,063	1,298	1,096
Total Debt	654.89	647.91	741.53	176.65	172.59
Net Cash (Debt)	-76.13	-323	-467.1	-12.46	-23.55
Net Cash Per Share	-1.51	-6.09	-8.82	-0.28	-0.57
Filing Date Shares Outstanding	49.56	51.47	52.27	50.57	41.32
Total Common Shares Outstanding	49.56	51.46	52.26	50.55	41.31
Working Capital	598.9	367.05	262.4	183.12	184.73
Book Value Per Share	27.55	21.65	19.89	17.13	16.98
Tangible Book Value	1,365	1,114	1,039	865.97	701.3
Tangible Book Value Per Share	27.55	21.65	19.89	17.13	16.98
Machinery	-	1,727	1,716	1,071	898.65

Source: S&P Global Market Intelligence. Standard template. Financial Sources.