Team, Inc. 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	14.81	35.55	35.43	58.08	55.19	24.59
Cash & Short-Term Investments	14.81	35.55	35.43	58.08	55.19	24.59
Cash Growth	-22.40%	0.33%	-39.00%	5.22%	124.49%	101.94%
Accounts Receivable	194.65	172.65	181.19	186.69	168.28	199.31
Other Receivables	0.37	1.6	5.04	3.18	4.29	1.47
Receivables	195.02	174.24	186.23	189.87	172.56	200.78
Inventory	41.53	37.87	38.85	36.33	35.38	36.85
Prepaid Expenses	16.24	15.82	18.4	15.24	10.54	12.94
Other Current Assets	43.29	41.63	43.19	48.04	128.62	8.57
Total Current Assets	310.88	305.1	322.1	347.55	402.29	283.73
Property, Plant & Equipment	156.76	153.24	167.56	186.56	203.98	234.18
Goodwill	-	-	-	-	-	91.35
Other Intangible Assets	40.95	50.24	62.69	75.41	88.32	103.28
Long-Term Deferred Tax Assets	1.81	1.58	1.23	0.38	0.67	6.79
Other Long-Term Assets	20.65	18.2	12.17	6.75	11.29	11.64
Total Assets	531.05	528.37	565.74	616.65	706.54	730.98
Accounts Payable	38.93	42.09	36.39	32.52	44.06	42.15
Accrued Expenses	97.99	105.23	118.09	119.27	111.66	72.21
Current Portion of Long-Term Debt	4	5.67	4.27	280.03	-	-
Current Portion of Leases	16.04	15.61	15.18	14.78	16.08	17.71
Current Income Taxes Payable	2.84	2.65	1.02	2.26	-	-
Current Unearned Revenue	-	-	-	-	0.08	0.93
Other Current Liabilities	-	-	-	-	16.4	-
Total Current Liabilities	159.79	171.25	174.94	448.86	188.27	133
Long-Term Debt	290.7	314.3	301.4	-	400.21	307.34
Long-Term Leases	40.44	32.96	34.77	43.76	52.59	57.02
Pension & Post-Retirement Benefits	-	-	-	-	-	5.28
Long-Term Deferred Tax Liabilities	4.67	4.97	5.74	3.66	3.81	4.38
Other Long-Term Liabilities	3.45	3.16	3.29	2.6	9.8	9.35
Total Liabilities	499.06	526.63	520.15	498.89	654.68	516.37
Common Stock	1.35	1.35	1.32	1.3	0.94	9.26
Additional Paid-In Capital	479.12	460.19	458.61	457.13	453.25	422.59
Retained Earnings	-461.1	-415.67	-377.4	-301.68	-375.58	-189.57
Comprehensive Income & Other	-37.02	-44.13	-36.93	-39	-26.73	-27.68
Total Common Equity	-17.65	1.74	45.6	117.76	51.87	214.6
Shareholders' Equity	31.99	1.74	45.6	117.76	51.87	214.6
Total Liabilities & Equity	531.05	528.37	565.74	616.65	706.54	730.98
Total Debt	351.19	368.53	355.62	338.58	468.88	382.08
Net Cash (Debt)	-336.37	-332.99	-320.19	-280.5	-413.69	-357.49
Net Cash Per Share	-74.97	-75.18	-73.25	-66.99	-133.53	-116.68
Filing Date Shares Outstanding	4.53	4.49	4.42	4.34	4.31	3.09
Total Common Shares Outstanding	4.5	4.49	4.42	4.34	3.12	3.09
Working Capital	151.09	133.86	147.16	-101.31	214.02	150.73
Book Value Per Share	-3.92	0.39	10.33	27.12	16.62	69.51
Tangible Book Value	-58.61	-48.51	-17.1	42.35	-36.45	19.97
Tangible Book Value Per Share	-13.03	-10.79	-3.87	9.75	-11.68	6.47
Land	4.01	4.01	4.01	4.01	5.23	5.81
Buildings	61.55	60.64	60.83	50.83	54.6	57.63
Machinery	335.9	321.85	320.46	311.4	311.07	339.36
Construction In Progress	1.3	0.76	6.63	19.2	11.35	8.33

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