Callaway Golf Company 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	-	445	393.5	180.2	352.2
Trading Asset Securities	-	-	-	4.4	-
Cash & Short-Term Investments	865.6	445	393.5	184.6	352.2
Cash Growth	94.52%	13.09%	113.16%	-47.59%	-3.80%
Accounts Receivable	-	209.6	227.4	184.8	118.1
Other Receivables	-	61.6	100.8	57.3	50.7
Receivables	-	271.2	328.2	242.1	168.8
Inventory	-	757.3	794.4	959.2	533.5
Prepaid Expenses	-	61.7	55.8	57.1	54.2
Restricted Cash	-	0.7	0.8	19.1	1.2
Other Current Assets	-	64.8	55.4	56.8	55.8
Total Current Assets	-	1,601	1,628	1,519	1,166
Property, Plant & Equipment	-	3,820	3,824	3,444	2,965
Long-Term Investments	-	48	41.7	42.1	39.3
Goodwill	-	620.2	1,989	1,984	1,960
Other Intangible Assets	-	1,373	1,506	1,509	1,529
Long-Term Accounts Receivable	-	71.2	65.1	57.5	44.1
Long-Term Deferred Tax Assets	-	52.2	15.7	-	-
Other Long-Term Assets	-	51.6	51.8	34.9	44.6
Total Assets	-	7,636	9,121	8,590	7,748
Accounts Payable	-	96.4	130.7	159.1	138.7
Accrued Expenses	-	465.9	461.4	546.6	474.4
Short-Term Debt	-	25.4	54.7	219.3	9.1
Current Portion of Long-Term Debt	-	15.3	17.1	13.8	23.2
Current Portion of Leases	-	91.7	87.9	80.5	75
Current Unearned Revenue	-	96	110.9	94.9	93.9
Other Current Liabilities	-	35.2	84.9	62	51.7
Total Current Liabilities	-	825.9	947.6	1,176	866
Long-Term Debt	-	1,458	1,521	1,176	1,030
Long-Term Leases	-	2,874	2,701	2,321	1,979
Long-Term Unearned Revenue	-	7	3.7	3.2	-
Long-Term Deferred Tax Liabilities	-	24.9	36.7	117.5	163.6
Other Long-Term Liabilities	-	38.9	32.3	21.5	26.9
Total Liabilities	-	5,228	5,242	4,816	4,065
Common Stock	-	1.9	1.9	1.9	1.9
Additional Paid-In Capital	-	3,033	3,033	3,013	3,052
Retained Earnings	-	-500.2	947.5	852.5	682.2
Treasury Stock	-	-50.8	-56.4	-31.3	-25.5
Comprehensive Income & Other	-	-76	-47.5	-61.5	-27.3
Total Common Equity	2,476	2,408	3,878	3,774	3,683
Shareholders' Equity	2,476	2,408	3,878	3,774	3,683
Total Liabilities & Equity	-	7,636	9,121	8,590	7,748
Total Debt	4,455	4,464	4,382	3,811	3,116
Net Cash (Debt)	-3,589	-4,019	-3,988	-3,627	-2,764
Net Cash Per Share	-19.33	-21.88	-19.83	-18.02	-15.62
Filing Date Shares Outstanding	183.88	183.4	183.6	185.3	185.19
Total Common Shares Outstanding	183.9	183.1	183.7	184.9	185.21
Working Capital	-	774.8	680.5	342.7	299.7
Book Value Per Share	13.46	13.15	21.11	20.41	19.88
Tangible Book Value	718.6	414.9	384	281.7	194.2
Tangible Book Value Per Share	3.91	2.27	2.09	1.52	1.05
Land	-	207	185.2	160.4	134.2
Buildings	-	1,877	1,604	1,197	858.6
Machinery	-	759.7	679.8	557	423.5
Construction In Progress	-	102.5	210.3	271.6	286.7

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