Ionics 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	6.76	9.65	6.76	16.94	14.58	18.46
Cash & Short-Term Investments	6.76	9.65	6.76	16.94	14.58	18.46
Cash Growth	-43.37%	42.68%	-60.06%	16.18%	-21.04%	-0.58%
Accounts Receivable	34.66	26.09	25.24	20.96	17.29	14.91
Other Receivables	0.3	0.13	0.46	0.18	0.36	0.25
Receivables	34.96	26.22	25.7	21.13	17.66	15.15
Inventory	35.78	36.42	37.14	39.24	25.26	16.66
Prepaid Expenses	0.61	0.61	0.97	0.78	0.42	0.42
Other Current Assets	0.37	0.63	0.14	0.14	0.12	0.11
Total Current Assets	78.48	73.53	70.71	78.22	58.03	50.8
Property, Plant & Equipment	40.07	39.99	47	39.38	39.56	34.79
Long-Term Investments	3.44	3.41	3.66	2.44	2.84	2.02
Long-Term Deferred Tax Assets	0.01	0.02	0.02	0.04	0.05	0.03
Other Long-Term Assets	0.6	0.55	0.59	0.58	0.45	0.38
Total Assets	122.6	117.5	121.97	120.66	100.93	88.02
Accounts Payable	18.48	12.2	14.86	19.9	11.72	11.2
Accrued Expenses	3.94	3.83	3.7	3.04	2.97	2.53
Short-Term Debt	10	13	13	18	11	8
Current Portion of Long-Term Debt	1.94	2.6	2.36	0.58	0.87	0.86
Current Portion of Leases	0.53	0.64	0.75	0.87	1.13	1.12
Current Income Taxes Payable	0.18	0.2	0.14	0.21	0.11	0.06
Current Unearned Revenue	6.61	5.12	6.35	1.58	1.11	1.6
Other Current Liabilities	2.01	1.46	1.58	2.24	2.59	1.63
Total Current Liabilities	43.68	39.04	42.75	46.41	31.5	27
Long-Term Debt	4.45	5.78	8.39	7.42	7.21	2.47
Long-Term Leases	0.74	0.47	1.29	1.99	1.49	1.27
Long-Term Unearned Revenue	0.6	0.67	0.69	0.72	0.81	0.55
Pension & Post-Retirement Benefits	3.75	3.5	3.43	2.71	2.95	3.59
Long-Term Deferred Tax Liabilities	0.26	0.22	0.23	0.06	0.12	0.05
Other Long-Term Liabilities	0.49	0.64	0.61	0.61	0.48	0.26
Total Liabilities	53.96	50.32	57.4	59.9	44.56	35.18
Common Stock	17.63	17.63	17.63	17.63	17.63	17.63
Additional Paid-In Capital	9.07	9.07	9.07	9.07	9.07	9.07
Retained Earnings	44.86	43.48	40.47	37.43	32.98	30.35
Treasury Stock	-1.37	-1.37	-1.37	-1.37	-1.37	-1.37
Comprehensive Income & Other	-2.24	-2.26	-1.79	-2.49	-2.34	-3.2
Total Common Equity	67.95	66.57	64.03	60.28	55.98	52.49
Minority Interest	0.69	0.62	0.55	0.48	0.39	0.35
Shareholders' Equity	68.64	67.19	64.58	60.76	56.37	52.84
Total Liabilities & Equity	122.6	117.5	121.97	120.66	100.93	88.02
Total Debt	17.66	22.49	25.79	28.85	21.7	13.72
Net Cash (Debt)	-10.9	-12.84	-19.03	-11.91	-7.12	4.74
Net Cash Growth	-	-	-	-	-	-49.49%
Net Cash Per Share	-0.01	-0.02	-0.02	-0.01	-0.01	0.01
Filing Date Shares Outstanding	837.13	837.13	837.13	837.13	837.13	837.13
Total Common Shares Outstanding	837.13	837.13	837.13	837.13	837.13	837.13
Working Capital	34.8	34.49	27.97	31.81	26.53	23.8
Book Value Per Share	0.08	0.08	0.08	0.07	0.07	0.06
Tangible Book Value	67.95	66.57	64.03	60.28	55.98	52.49
Tangible Book Value Per Share	0.08	0.08	0.08	0.07	0.07	0.06
Land	9.88	9.88	9.81	4.31	4.31	4.31
Buildings	29.23	28.26	30.34	29.51	29.08	17.99
Machinery	64.49	64.17	67.81	59.13	55.37	53.98
Construction In Progress	2.41	-	-	-	-	4.57

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.