Ratio Energies - Limited Partnership (TLV:RATI)

TLV:RATI Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	54.76	88.53	111.38	87.52	91.25	125.38
Short-Term Investments	1.03	1.01	10.53	50.66	30.36	64.17
Trading Asset Securities	28.89	19.02	16.41	14.98	24.97	10.98
Cash & Short-Term Investments	84.68	108.56	138.32	153.16	146.57	200.53
Cash Growth	-52.08%	-21.52%	-9.69%	4.49%	-26.91%	41.34%
Accounts Receivable	80.19	60.06	69.36	64.46	65.33	47.94
Other Receivables	12.59	14.21	19.3	7.92	12.05	4.12
Receivables	92.78	74.27	88.65	72.38	77.38	52.06
Prepaid Expenses	-	1	1.38	0.69	0.26	0.82
Other Current Assets	-	1	2.97	4.53	8.69	-
Total Current Assets	177.45	184.83	231.32	230.76	232.91	253.41
Property, Plant & Equipment	0.38	0.2	0.18	0.18	0.1	0.06
Long-Term Investments	8.18	49.7	24.41	17.86	6.28	5.51
Other Intangible Assets	895.93	884.26	838.53	826.04	803.8	811.83
Other Long-Term Assets	121.51	75.24	91.55	88.28	75.44	74.1
Total Assets	1,203	1,194	1,186	1,163	1,119	1,145

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	0.2	0.11	0.16	0.2	0.12	0.04
Accrued Expenses	13.93	13.58	14.74	16.31	17.5	20.57
Current Portion of Long-Term Debt	46.95	33.28	18.12	28.77	72.46	125.77
Current Income Taxes Payable	-	3.47	-	12.16	3.69	-
Other Current Liabilities	23.63	37.8	26.29	25.38	14.93	25.48
Total Current Liabilities	84.7	88.24	59.31	82.81	108.69	171.86
Long-Term Debt	473.93	486.8	509.81	569.46	590.77	701.67
Long-Term Deferred Tax Liabilities	105.39	102.86	99.63	72.98	56.17	24.72
Other Long-Term Liabilities	17.94	17.02	14.08	14.16	12.49	20.78
Total Liabilities	681.96	694.92	682.83	739.4	768.11	919.04

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	318.86	318.86	318.86	318.86	318.86	318.86
Retained Earnings	200.3	178.48	183.19	103.75	30.45	-94.1
Comprehensive Income & Other	2.32	1.97	1.1	1.1	1.1	1.1
Shareholders' Equity	521.49	499.32	503.16	423.71	350.42	225.87
Total Liabilities & Equity	1,203	1,194	1,186	1,163	1,119	1,145

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	520.88	520.09	527.93	598.22	663.22	827.44
Net Cash (Debt)	-436.2	-411.53	-389.62	-445.06	-516.65	-626.91
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.39	-0.37	-0.35	-0.40	-0.46	-0.56
Filing Date Shares Outstanding	1,129	1,124	1,124	1,124	1,124	1,124
Total Common Shares Outstanding	1,129	1,124	1,124	1,124	1,124	1,124
Working Capital	92.75	96.59	172.01	147.95	124.21	81.55
Book Value Per Share	0.46	0.44	0.45	0.38	0.31	0.20
Tangible Book Value	-374.44	-384.95	-335.37	-402.32	-453.39	-585.96
Tangible Book Value Per Share	-0.33	-0.34	-0.30	-0.36	-0.40	-0.52

Data Source: S&P Global Market Intelligence Last updated: Aug 25, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 9, 2026

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