Venture Global Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,879	3,608	4,823	618	-
Trading Asset Securities	70	150	164	-	-
Cash & Short-Term Investments	1,949	3,758	4,987	618	-
Cash Growth	-57.28%	-24.64%	706.96%	-	-
Receivables	633	364	265	190	-
Inventory	227	171	44	26	-
Prepaid Expenses	95	93	143	41	-
Restricted Cash	334	169	520	391	-
Other Current Assets	20	4	-	146	-
Total Current Assets	3,258	4,559	5,959	1,412	-
Property, Plant & Equipment	44,018	35,277	19,820	10,933	-
Long-Term Investments	359	1,786	1,438	-	-
Long-Term Deferred Charges	510	384	464	304	-
Other Long-Term Assets	1,934	1,485	782	2,448	-
Total Assets	50,079	43,491	28,463	15,097	-
Accounts Payable	947	1,536	436	252	-
Accrued Expenses	645	552	364	194	-
Current Portion of Long-Term Debt	856	190	178	150	-
Current Portion of Leases	87	91	26	21	-
Other Current Liabilities	1,388	1,173	1,311	1,129	-
Total Current Liabilities	3,923	3,542	2,315	1,746	-
Long-Term Debt	31,985	29,086	20,607	10,458	-
Long-Term Leases	958	784	458	415	-
Long-Term Deferred Tax Liabilities	2,024	1,637	1,149	474	-
Other Long-Term Liabilities	368	546	464	240	-
Total Liabilities	39,258	35,595	24,993	13,333	-
Common Stock	24	23	23	-	-
Additional Paid-In Capital	2,214	512	519	-	-
Retained Earnings	3,694	2,611	1,228	-2	-
Comprehensive Income & Other	-240	-249	-260	-184	-
Total Common Equity	5,692	2,897	1,510	-186	-
Minority Interest	5,129	4,999	1,960	1,950	-
Shareholders' Equity	10,821	7,896	3,470	1,764	-
Total Liabilities & Equity	50,079	43,491	28,463	15,097	-
Total Debt	33,886	30,151	21,269	11,044	-
Net Cash (Debt)	-31,937	-26,393	-16,282	-10,426	-
Net Cash Per Share	-12.14	-10.21	-7.60	-5.30	-
Filing Date Shares Outstanding	2,448	2,420	0.52	1,969	-
Total Common Shares Outstanding	2,446	2,350	0.52	1,969	-
Working Capital	-665	1,017	3,644	-334	-
Book Value Per Share	2.33	1.23	2905.12	-	-
Tangible Book Value	5,692	2,897	1,510	-186	-
Tangible Book Value Per Share	2.33	1.23	2905.12	-	-
Land	-	55	26	10	-
Buildings	-	97	-	-	-
Machinery	4,790	4,733	3,617	1,325	-
Construction In Progress	6,955	10,773	9,000	2,488	-
Leasehold Improvements	-	-	-	126	-

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