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	Nov 28, 2025	Feb 28, 2025	Feb 23, 2024	Feb 24, 2023	Feb 25, 2022	Feb 26, 2021
Cash & Equivalents	-	0.7	0.04	0.56	0.43	0.96
Cash & Short-Term Investments	0	0.7	0.04	0.56	0.43	0.96
Cash Growth	-99.45%	1802.70%	-93.38%	30.91%	-55.57%	41.95%
Receivables	-	33.53	19.64	7.53	8.36	16.91
Inventory	-	1.89	1.88	1.96	2.71	1.71
Prepaid Expenses	-	3.19	6.99	5.47	6.92	0.78
Restricted Cash	-	8.72	8.41	9.08	6.63	7.3
Total Current Assets	-	48.03	36.96	24.59	25.05	27.66
Property, Plant & Equipment	-	6.34	6.96	8.06	9.19	10.27
Other Intangible Assets	-	0.01	0.02	0.05	0.05	0.05
Long-Term Deferred Tax Assets	-	5.85	-	-	0.27	0.14
Total Assets	-	60.23	43.94	32.69	34.55	38.11
Accounts Payable	-	8.66	4.71	2.58	2.29	2.23
Accrued Expenses	-	10.96	8.71	8.56	10.18	10.7
Current Portion of Long-Term Debt	-	0.01	0.71	0.12	-	-
Current Portion of Leases	-	2.36	0.82	0.76	0.49	0.52
Current Income Taxes Payable	-	0.2	0.27	0.33	0.11	0.27
Current Unearned Revenue	-	6.19	13	7.13	5.39	3.91
Total Current Liabilities	-	28.37	28.22	19.48	18.46	17.63
Long-Term Debt	-	14.47	12.08	10.02	13.36	19.43
Long-Term Leases	-	3.43	2.01	2.01	0.22	0.28
Other Long-Term Liabilities	-	0.74	0.7	1.74	0.93	0.84
Total Liabilities	-	47.01	43.01	33.24	32.96	38.18
Common Stock	-	12.6	12.6	12.6	12.6	12.6
Additional Paid-In Capital	-	5.53	5.93	6.41	6.86	7.26
Retained Earnings	-	-3.92	-16.98	-18.8	-17.24	-19.05
Comprehensive Income & Other	-	-0.99	-0.61	-0.8	-0.7	-0.97
Total Common Equity	15.87	13.22	0.94	-0.59	1.51	-0.16
Minority Interest	-	-	-	0.04	0.08	0.09
Shareholders' Equity	15.87	13.22	0.94	-0.55	1.6	-0.08
Total Liabilities & Equity	-	60.23	43.94	32.69	34.55	38.11
Total Debt	19.97	20.26	15.61	12.91	14.07	20.23
Net Cash (Debt)	-19.97	-19.56	-15.58	-12.35	-13.64	-19.27
Net Cash Per Share	-1.20	-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	-	19.66	8.74	5.11	6.59	10.03
Book Value Per Share	1.01	0.85	0.06	-0.04	0.10	-0.01
Tangible Book Value	15.87	13.21	0.91	-0.63	1.47	-0.21
Tangible Book Value Per Share	1.01	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.