Environmental Tectonics Corporation (ETCC)

Environmental Tectonics Balance Sheet

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 30, 2025	Feb 28, 2025	Feb 23, 2024	Feb 24, 2023	Feb 25, 2022	Feb 26, 2021
Cash & Equivalents	0.11	0.7	0.04	0.56	0.43	0.96
Cash & Short-Term Investments	0.11	0.7	0.04	0.56	0.43	0.96
Cash Growth	381.82%	1802.70%	-93.38%	30.91%	-55.57%	41.95%
Receivables	37.42	33.53	19.64	7.53	8.36	16.91
Inventory	2.05	1.89	1.88	1.96	2.71	1.71
Prepaid Expenses	2.92	3.19	6.99	5.47	6.92	0.78
Restricted Cash	7.3	8.72	8.41	9.08	6.63	7.3
Total Current Assets	49.8	48.03	36.96	24.59	25.05	27.66
Property, Plant & Equipment	5.96	6.34	6.96	8.06	9.19	10.27
Other Intangible Assets	0.01	0.01	0.02	0.05	0.05	0.05
Long-Term Deferred Tax Assets	5.5	5.85	-	-	0.27	0.14
Total Assets	61.27	60.23	43.94	32.69	34.55	38.11
Accounts Payable	11.52	8.66	4.71	2.58	2.29	2.23
Accrued Expenses	10.41	10.96	8.71	8.56	10.18	10.7
Current Portion of Long-Term Debt	0.01	0.01	0.71	0.12	-	-
Current Portion of Leases	2.44	2.36	0.82	0.76	0.49	0.52
Current Income Taxes Payable	0.2	0.2	0.27	0.33	0.11	0.27
Current Unearned Revenue	3.13	6.19	13	7.13	5.39	3.91
Total Current Liabilities	27.71	28.37	28.22	19.48	18.46	17.63
Long-Term Debt	15.42	14.47	12.08	10.02	13.36	19.43
Long-Term Leases	2.92	3.43	2.01	2.01	0.22	0.28
Other Long-Term Liabilities	0.74	0.74	0.7	1.74	0.93	0.84
Total Liabilities	46.79	47.01	43.01	33.24	32.96	38.18
Common Stock	12.61	12.6	12.6	12.6	12.6	12.6
Additional Paid-In Capital	5.66	5.53	5.93	6.41	6.86	7.26
Retained Earnings	-2.63	-3.92	-16.98	-18.8	-17.24	-19.05
Comprehensive Income & Other	-1.08	-0.99	-0.61	-0.8	-0.7	-0.97
Total Common Equity	14.48	13.22	0.94	-0.59	1.51	-0.16
Minority Interest	-	-	-	0.04	0.08	0.09
Shareholders' Equity	14.48	13.22	0.94	-0.55	1.6	-0.08
Total Liabilities & Equity	61.27	60.23	43.94	32.69	34.55	38.11
Total Debt	20.79	20.26	15.61	12.91	14.07	20.23
Net Cash (Debt)	-20.68	-19.56	-15.58	-12.35	-13.64	-19.27
Net Cash Per Share	-1.22	-1.17	-1.00	-0.79	-0.88	-1.24
Filing Date Shares Outstanding	15.7	15.59	15.57	15.57	15.57	15.57
Total Common Shares Outstanding	15.7	15.59	15.57	15.57	15.57	15.57
Working Capital	22.1	19.66	8.74	5.11	6.59	10.03
Book Value Per Share	0.92	0.85	0.06	-0.04	0.10	-0.01
Tangible Book Value	14.47	13.21	0.91	-0.63	1.47	-0.21
Tangible Book Value Per Share	0.92	0.85	0.06	-0.04	0.09	-0.01
Land	-	-	-	-	0.1	0.1
Buildings	-	-	-	-	3.85	7.05
Machinery	-	6.17	27.18	29.62	29.61	29.59
Construction In Progress	-	0.06	-	0.63	0.63	0.58
Order Backlog	-	87.16	-	-	-	-

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