Energy Recovery, Inc. (ERII)

Energy Recovery Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	29.63	68.1	56.35	74.36	94.26
Short-Term Investments	48.39	40.45	33.48	31.33	20.45
Cash & Short-Term Investments	78.02	108.54	89.83	105.69	114.7
Cash Growth	-28.12%	20.83%	-15.00%	-7.86%	34.75%
Accounts Receivable	66.84	47.53	35.78	21.11	13.1
Other Receivables	0.64	0.58	0.32	-	-
Receivables	67.48	48.11	36.1	21.11	13.1
Inventory	24.91	26.15	28.37	20.38	11.75
Prepaid Expenses	1.67	1.71	1.48	1.82	1.56
Other Current Assets	1.58	0.96	2.09	2.76	2.08
Total Current Assets	173.66	185.47	157.87	151.76	143.19
Property, Plant & Equipment	25.12	30.17	32.7	35.01	36.27
Long-Term Investments	21.83	13.83	3.06	2.3	-
Goodwill	12.79	12.79	12.79	12.79	12.79
Other Intangible Assets	-	-	-	0.04	0.05
Long-Term Accounts Receivable	-	-	-	-	0.58
Long-Term Deferred Tax Assets	9	10.32	10.26	11.42	11.03
Other Long-Term Assets	0.39	0.39	0.37	0.37	0.41
Total Assets	242.79	252.97	217.04	213.69	204.31
Accounts Payable	3.11	3	0.81	0.91	1.12
Accrued Expenses	15.69	13.45	13.46	13.12	11.06
Current Portion of Leases	2.02	1.79	1.6	1.56	1.24
Current Income Taxes Payable	0.95	1.08	0.27	-	-
Current Unearned Revenue	0.57	1.1	1.2	3.32	1.55
Other Current Liabilities	1.09	1.06	0.97	0.88	0.76
Total Current Liabilities	23.43	21.47	18.3	19.79	15.73
Long-Term Leases	9.3	11.49	13.28	14.88	16.44
Long-Term Unearned Revenue	-	0.09	0.12	0.09	0.09
Other Long-Term Liabilities	0.06	0.12	-	0.16	0.43
Total Liabilities	32.78	33.17	31.7	34.91	32.69
Common Stock	0.07	0.07	0.06	0.06	0.06
Additional Paid-In Capital	235.01	217.62	204.96	195.59	179.16
Retained Earnings	105.71	82.66	61.15	37.1	22.83
Treasury Stock	-130.87	-80.49	-80.49	-53.83	-30.49
Comprehensive Income & Other	0.1	-0.04	-0.35	-0.15	0.05
Shareholders' Equity	210.01	219.81	185.34	178.78	171.62
Total Liabilities & Equity	242.79	252.97	217.04	213.69	204.31
Total Debt	11.32	13.28	14.88	16.44	17.69
Net Cash (Debt)	66.7	95.26	74.96	89.25	97.02
Net Cash Growth	-29.98%	27.09%	-16.01%	-8.01%	10.26%
Net Cash Per Share	1.15	1.65	1.30	1.52	1.71
Filing Date Shares Outstanding	54.96	57.08	56.28	56.81	57.1
Total Common Shares Outstanding	54.79	56.88	56.08	56.82	56.34
Working Capital	150.23	164	139.57	131.98	127.46
Book Value Per Share	3.83	3.86	3.31	3.15	3.05
Tangible Book Value	197.22	207.02	172.55	165.95	158.79
Tangible Book Value Per Share	3.60	3.64	3.08	2.92	2.82
Machinery	33.07	34.28	31.74	32.91	33.98
Construction In Progress	0.14	1.21	2.41	3.3	0.67
Leasehold Improvements	19.42	18.9	17.58	15.22	14.52

Source: S&P Capital IQ. Standard template. Financial Sources.