Adamas Trust, Inc. (ADAM)

Adamas Trust 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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	262.36	210.33	167.42	187.11	244.72	289.6
Long-Term Investments	7,361	6,929	3,942	2,161	279.31	440.48
Trading Asset Securities	11.39	0.72	0.06	6.51	2.47	-
Loans & Lease Receivables	4,826	4,414	3,928	3,180	3,613	3,696
Other Receivables	187.94	159.62	151.2	64.86	60.8	69.83
Property, Plant & Equipment	433.72	473.89	621.97	1,138	700.8	1,027
Goodwill	22.4	22.4	-	-	-	-
Other Intangible Assets	34.81	38.21	21.26	2.38	-	39.77
Restricted Cash	128.57	132.05	161.6	143.54	136.22	48.26
Other Current Assets	14.35	16.66	136	444.35	1,166	14.14
Long-Term Deferred Tax Assets	26.25	14.44	10.86	4.51	2.67	6.28
Other Long-Term Assets	64.52	146.68	76.94	68.65	35.38	27.73
Total Assets	13,524	12,639	9,217	7,401	6,241	5,658

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accrued Expenses	91.4	92.2	62.78	56.97	36.72	45.04
Short-Term Debt	6,648	-	-	-	-	-
Current Portion of Leases	-	2.14	-	-	-	-
Long-Term Debt	5,373	11,003	7,561	5,269	3,377	3,065
Long-Term Leases	4.17	3.41	5.94	7.1	8.38	9.58
Long-Term Unearned Revenue	9.8	7.32	5.82	5.47	7.13	13.02
Other Current Liabilities	84.76	59.73	135.48	418.18	933.81	48.33
Long-Term Deferred Tax Liabilities	24.55	12.76	9.28	2.01	0.39	6.68
Other Long-Term Liabilities	15.88	28.07	25.38	14.32	13.37	38.43
Total Liabilities	12,251	11,208	7,806	5,773	4,377	3,227

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.9	0.9	0.91	0.91	0.91	3.79
Additional Paid-In Capital	2,309	2,294	2,289	2,297	2,283	2,357
Retained Earnings	-1,574	-1,409	-1,431	-1,254	-1,053	-559.34
Comprehensive Income & Other	-	-	-	-0	-1.97	1.78
Total Common Equity	735.68	886.45	859.28	1,044	1,229	1,803
Minority Interest	-3.17	3.52	16.41	48.51	96.9	90.75
Shareholders' Equity	1,273	1,430	1,411	1,628	1,864	2,432
Total Liabilities & Equity	13,524	12,639	9,217	7,401	6,241	5,658

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	12,025	11,008	7,567	5,276	3,385	3,075
Net Cash (Debt)	-11,751	-10,797	-7,400	-5,083	-3,138	-2,785
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-130.20	-117.99	-81.48	-55.83	-33.27	-29.25
Filing Date Shares Outstanding	90.3	90.47	90.57	91.23	91.41	95.32
Total Common Shares Outstanding	90.3	90.3	90.57	90.68	91.19	94.85
Working Capital	-1,242	4,860	4,346	3,551	4,252	4,024
Book Value Per Share	8.15	9.82	9.49	11.52	13.48	19.01
Tangible Book Value	697.45	846.74	859.02	1,042	1,229	1,763
Tangible Book Value Per Share	7.72	9.38	9.48	11.49	13.48	18.59

Data Source: S&P Global Market Intelligence Last updated: Oct 30, 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:

Nov 14, 2026

Data Sources Report a data error