Ionics Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	8.58	9.65	6.76	16.94	14.58
Cash & Short-Term Investments	8.58	9.65	6.76	16.94	14.58
Cash Growth	-11.15%	42.68%	-60.06%	16.18%	-21.04%
Accounts Receivable	34.08	26.09	25.24	20.96	17.29
Other Receivables	0.68	0.13	0.46	0.18	0.36
Receivables	34.75	26.22	25.7	21.13	17.66
Inventory	33.46	36.42	37.14	39.24	25.26
Prepaid Expenses	0.74	0.61	0.97	0.78	0.42
Other Current Assets	0.33	0.63	0.14	0.14	0.12
Total Current Assets	77.86	73.53	70.71	78.22	58.03
Property, Plant & Equipment	39.47	39.99	47	39.38	39.56
Long-Term Investments	3.28	3.41	3.66	2.44	2.84
Long-Term Deferred Tax Assets	0	0.02	0.02	0.04	0.05
Other Long-Term Assets	0.47	0.55	0.59	0.58	0.45
Total Assets	121.08	117.5	121.97	120.66	100.93
Accounts Payable	18.24	12.19	14.86	19.9	11.72
Accrued Expenses	3.64	3.83	3.7	3.04	2.97
Short-Term Debt	8	13	13	18	11
Current Portion of Long-Term Debt	1.48	2.6	2.36	0.58	0.87
Current Portion of Leases	0.48	0.64	0.75	0.87	1.13
Current Income Taxes Payable	0.13	0.2	0.14	0.21	0.11
Current Unearned Revenue	5.65	5.12	6.35	1.58	1.11
Other Current Liabilities	2.33	1.46	1.58	2.24	2.59
Total Current Liabilities	39.95	39.04	42.75	46.41	31.5
Long-Term Debt	5.77	5.78	8.39	7.42	7.21
Long-Term Leases	0.6	0.47	1.29	1.99	1.49
Long-Term Unearned Revenue	0.73	0.67	0.69	0.72	0.81
Pension & Post-Retirement Benefits	3.91	3.5	3.43	2.71	2.95
Long-Term Deferred Tax Liabilities	0.24	0.22	0.23	0.06	0.12
Other Long-Term Liabilities	0.36	0.64	0.61	0.61	0.48
Total Liabilities	51.56	50.32	57.4	59.9	44.56
Common Stock	17.63	17.63	17.63	17.63	17.63
Additional Paid-In Capital	9.07	9.07	9.07	9.07	9.07
Retained Earnings	45.96	43.48	40.47	37.43	32.98
Treasury Stock	-1.37	-1.37	-1.37	-1.37	-1.37
Comprehensive Income & Other	-2.5	-2.26	-1.79	-2.49	-2.34
Total Common Equity	68.81	66.57	64.03	60.28	55.98
Minority Interest	0.72	0.62	0.55	0.48	0.39
Shareholders' Equity	69.52	67.19	64.58	60.76	56.37
Total Liabilities & Equity	121.08	117.5	121.97	120.66	100.93
Total Debt	16.33	22.49	25.79	28.85	21.7
Net Cash (Debt)	-7.76	-12.84	-19.03	-11.91	-7.12
Net Cash Per Share	-0.01	-0.02	-0.02	-0.01	-0.01
Filing Date Shares Outstanding	837.13	837.13	837.13	837.13	837.13
Total Common Shares Outstanding	837.13	837.13	837.13	837.13	837.13
Working Capital	37.91	34.49	27.97	31.81	26.53
Book Value Per Share	0.08	0.08	0.08	0.07	0.07
Tangible Book Value	68.81	66.57	64.03	60.28	55.98
Tangible Book Value Per Share	0.08	0.08	0.08	0.07	0.07
Land	9.88	9.88	9.81	4.31	4.31
Buildings	29.38	28.26	30.34	29.51	29.08
Machinery	64.86	64.17	67.81	59.13	55.37
Construction In Progress	2.76	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.