REC Silicon ASA (FRA:R3Q)

REC Silicon ASA Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	5.2	7.3	10.3	170.9	105.3	110.5
Cash & Short-Term Investments	5.2	7.3	10.3	170.9	105.3	110.5
Cash Growth	-69.05%	-29.13%	-93.97%	62.30%	-4.71%	-18.09%
Accounts Receivable	9.5	8.2	12.1	21.9	16.8	22.8
Other Receivables	0.4	0.5	4.1	-	0.1	1.4
Receivables	9.9	8.7	16.2	21.9	16.9	24.2
Inventory	18.6	19.6	27.4	58.5	38.3	33.1
Prepaid Expenses	8.1	6.3	9.4	8.7	6.3	5.4
Restricted Cash	0.5	0.5	0.6	0.6	0.8	4.4
Other Current Assets	0.2	-0.1	-0.1	0.1	-0.1	-
Total Current Assets	42.5	42.3	63.8	260.7	167.5	177.6
Property, Plant & Equipment	97.2	99.1	108.1	290.9	151.3	116.3
Other Intangible Assets	-	-	-	0.8	1	0.9
Other Long-Term Assets	0.5	0.4	0.2	0.5	0.1	0.1
Total Assets	140.2	141.8	172.1	552.9	319.9	294.9

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	31.2	16.6	41.6	41.4	31.8	10.1
Accrued Expenses	-	11.4	17.8	17.8	11.7	13.5
Short-Term Debt	-	190	50	-	-	-
Current Portion of Long-Term Debt	453.4	252.6	51	30.9	111	11.3
Current Portion of Leases	6.7	6.3	9	7.5	2.8	2.6
Other Current Liabilities	30.4	31	10.2	7.2	3	6
Total Current Liabilities	521.7	507.9	179.6	104.8	160.3	43.5
Long-Term Debt	-	-	251.6	253	4.2	115.2
Long-Term Leases	41.4	42.1	56.1	62.4	65.8	67.9
Pension & Post-Retirement Benefits	2.6	2.6	3.3	7	8.6	13.4
Other Long-Term Liabilities	30.1	29.7	59.6	49.3	20.6	21.6
Total Liabilities	595.8	582.3	550.2	476.5	259.5	261.6

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	59.2	59.2	59.2	59.2	59.2	53.7
Additional Paid-In Capital	2,969	2,969	2,969	2,969	2,969	2,865
Retained Earnings	-4,057	-4,042	-3,979	-3,525	-3,556	-3,473
Comprehensive Income & Other	573.2	573.3	573.2	573.3	588.7	587.8
Shareholders' Equity	-455.6	-440.5	-378.1	76.4	60.4	33.3
Total Liabilities & Equity	140.2	141.8	172.1	552.9	319.9	294.9

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	501.5	491	417.7	353.8	183.8	197
Net Cash (Debt)	-496.3	-483.7	-407.4	-182.9	-78.5	-86.5
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.21	-1.15	-0.97	-0.43	-0.19	-0.23
Filing Date Shares Outstanding	4,612	420.63	420.63	420.63	420.63	420.63
Total Common Shares Outstanding	420.63	420.63	420.63	420.63	420.63	372.41
Working Capital	-479.2	-465.6	-115.8	155.9	7.2	134.1
Book Value Per Share	-1.08	-1.05	-0.90	0.18	0.14	0.09
Tangible Book Value	-455.6	-440.5	-378.1	75.6	59.4	32.4
Tangible Book Value Per Share	-1.08	-1.05	-0.90	0.18	0.14	0.09
Land	-	-	-	-	140.9	140.9
Buildings	104.5	104.5	104.5	145.4	-	-
Machinery	1,688	1,688	1,674	2,180	2,161	2,157
Construction In Progress	42.6	42.6	73.8	230	104	69

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 12, 2026

Data Sources Report a data error