Callaway Golf Company 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	FY 2020
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	Dec '20 Dec 31, 2020
Cash & Equivalents	865.6	445	393.5	180.2	352.2	366.12
Trading Asset Securities	-	-	-	4.4	-	-
Cash & Short-Term Investments	865.6	445	393.5	184.6	352.2	366.12
Cash Growth	95.09%	13.09%	113.16%	-47.59%	-3.80%	243.24%
Accounts Receivable	256	209.6	227.4	184.8	118.1	138.48
Other Receivables	48.1	61.6	100.8	57.3	50.7	3.14
Receivables	304.1	271.2	328.2	242.1	168.8	141.62
Inventory	568.7	757.3	794.4	959.2	533.5	352.54
Prepaid Expenses	70.9	61.7	55.8	57.1	54.2	20.32
Restricted Cash	-	0.7	0.8	19.1	1.2	-
Other Current Assets	59.1	64.8	55.4	56.8	55.8	32.02
Total Current Assets	1,868	1,601	1,628	1,519	1,166	912.63
Property, Plant & Equipment	3,722	3,820	3,824	3,444	2,965	342.27
Long-Term Investments	49.9	48	41.7	42.1	39.3	111.44
Goodwill	619.8	620.2	1,989	1,984	1,960	56.66
Other Intangible Assets	1,137	1,373	1,506	1,509	1,529	484.34
Long-Term Accounts Receivable	76.9	71.2	65.1	57.5	44.1	-
Long-Term Deferred Tax Assets	-	52.2	15.7	-	-	-
Other Long-Term Assets	95.5	51.6	51.8	34.9	44.6	73.26
Total Assets	7,570	7,636	9,121	8,590	7,748	1,981
Accounts Payable	87.1	96.4	130.7	159.1	138.7	66.28
Accrued Expenses	377.2	465.9	461.4	546.6	474.4	219.55
Short-Term Debt	47.3	25.4	54.7	219.3	9.1	22.13
Current Portion of Long-Term Debt	271.9	15.3	17.1	13.8	23.2	19.51
Current Portion of Leases	83	91.7	87.9	80.5	75	29.83
Current Unearned Revenue	77.5	96	110.9	94.9	93.9	2.55
Other Current Liabilities	54.7	35.2	84.9	62	51.7	31.42
Total Current Liabilities	998.7	825.9	947.6	1,176	866	391.27
Long-Term Debt	1,193	1,458	1,521	1,176	1,030	663.71
Long-Term Leases	2,859	2,874	2,701	2,321	1,979	178.44
Long-Term Unearned Revenue	7	7	3.7	3.2	-	-
Long-Term Deferred Tax Liabilities	2	24.9	36.7	117.5	163.6	58.63
Other Long-Term Liabilities	34.4	38.9	32.3	21.5	26.9	12.91
Total Liabilities	5,094	5,228	5,242	4,816	4,065	1,305
Common Stock	1.9	1.9	1.9	1.9	1.9	0.96
Additional Paid-In Capital	3,031	3,033	3,033	3,013	3,052	346.95
Retained Earnings	-492.5	-500.2	947.5	852.5	682.2	360.23
Treasury Stock	-34.3	-50.8	-56.4	-31.3	-25.5	-25.94
Comprehensive Income & Other	-30.3	-76	-47.5	-61.5	-27.3	-6.55
Total Common Equity	2,476	2,408	3,878	3,774	3,683	675.64
Shareholders' Equity	2,476	2,408	3,878	3,774	3,683	675.64
Total Liabilities & Equity	7,570	7,636	9,121	8,590	7,748	1,981
Total Debt	4,455	4,464	4,382	3,811	3,116	913.62
Net Cash (Debt)	-3,589	-4,019	-3,988	-3,627	-2,764	-547.5
Net Cash Per Share	-19.54	-21.88	-19.83	-18.02	-15.62	-5.81
Filing Date Shares Outstanding	183.88	183.4	183.6	185.3	185.19	94.24
Total Common Shares Outstanding	183.9	183.1	183.7	184.9	185.21	94.2
Working Capital	869.7	774.8	680.5	342.7	299.7	521.36
Book Value Per Share	13.46	13.15	21.11	20.41	19.88	7.17
Tangible Book Value	718.6	414.9	384	281.7	194.2	134.65
Tangible Book Value Per Share	3.91	2.27	2.09	1.52	1.05	1.43
Land	205	207	185.2	160.4	134.2	7.31
Buildings	1,969	1,877	1,604	1,197	858.6	100.65
Machinery	812.6	759.7	679.8	557	423.5	244.39
Construction In Progress	154.6	102.5	210.3	271.6	286.7	13.3

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