Ionics Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	6.31	8.58	9.65	6.76	16.94	14.58
Cash & Short-Term Investments	6.31	8.58	9.65	6.76	16.94	14.58
Cash Growth	-15.13%	-11.15%	42.68%	-60.06%	16.18%	-21.04%
Accounts Receivable	38.71	34.08	26.09	25.24	20.96	17.29
Other Receivables	0.78	0.68	0.13	0.46	0.18	0.36
Receivables	39.49	34.75	26.22	25.7	21.13	17.66
Inventory	37.67	33.46	36.42	37.14	39.24	25.26
Prepaid Expenses	0.78	0.74	0.61	0.97	0.78	0.42
Other Current Assets	0.3	0.33	0.63	0.14	0.14	0.12
Total Current Assets	84.54	77.86	73.53	70.71	78.22	58.03
Property, Plant & Equipment	39.46	39.47	39.99	47	39.38	39.56
Long-Term Investments	3.3	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	0.47	0.55	0.59	0.58	0.45
Total Assets	127.77	121.08	117.5	121.97	120.66	100.93
Accounts Payable	24.15	18.24	12.19	14.86	19.9	11.72
Accrued Expenses	3.8	3.64	3.83	3.7	3.04	2.97
Short-Term Debt	8.09	8	13	13	18	11
Current Portion of Long-Term Debt	1.08	1.48	2.6	2.36	0.58	0.87
Current Portion of Leases	0.45	0.48	0.64	0.75	0.87	1.13
Current Income Taxes Payable	0.3	0.13	0.2	0.14	0.21	0.11
Current Unearned Revenue	5.18	5.65	5.12	6.35	1.58	1.11
Other Current Liabilities	2.93	2.33	1.46	1.58	2.24	2.59
Total Current Liabilities	45.98	39.95	39.04	42.75	46.41	31.5
Long-Term Debt	5.42	5.77	5.78	8.39	7.42	7.21
Long-Term Leases	0.47	0.6	0.47	1.29	1.99	1.49
Long-Term Unearned Revenue	0.73	0.73	0.67	0.69	0.72	0.81
Pension & Post-Retirement Benefits	3.79	3.91	3.5	3.43	2.71	2.95
Long-Term Deferred Tax Liabilities	0.24	0.24	0.22	0.23	0.06	0.12
Other Long-Term Liabilities	0.37	0.36	0.64	0.61	0.61	0.48
Total Liabilities	56.98	51.56	50.32	57.4	59.9	44.56
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	47.2	45.96	43.48	40.47	37.43	32.98
Treasury Stock	-1.37	-1.37	-1.37	-1.37	-1.37	-1.37
Comprehensive Income & Other	-2.49	-2.5	-2.26	-1.79	-2.49	-2.34
Total Common Equity	70.05	68.81	66.57	64.03	60.28	55.98
Minority Interest	0.74	0.72	0.62	0.55	0.48	0.39
Shareholders' Equity	70.79	69.52	67.19	64.58	60.76	56.37
Total Liabilities & Equity	127.77	121.08	117.5	121.97	120.66	100.93
Total Debt	15.5	16.33	22.49	25.79	28.85	21.7
Net Cash (Debt)	-9.2	-7.76	-12.84	-19.03	-11.91	-7.12
Net Cash Per Share	-0.01	-0.01	-0.02	-0.02	-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	38.56	37.91	34.49	27.97	31.81	26.53
Book Value Per Share	0.08	0.08	0.08	0.08	0.07	0.07
Tangible Book Value	70.05	68.81	66.57	64.03	60.28	55.98
Tangible Book Value Per Share	0.08	0.08	0.08	0.08	0.07	0.07
Land	9.88	9.88	9.88	9.81	4.31	4.31
Buildings	29.43	29.38	28.26	30.34	29.51	29.08
Machinery	63.47	64.86	64.17	67.81	59.13	55.37
Construction In Progress	3.83	2.76	-	-	-	-