Energy Recovery, Inc. (ERII)

Energy Recovery Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	63.26	68.1	56.35	74.36	94.26	26.39
Short-Term Investments	55.36	40.45	33.48	31.33	20.45	58.74
Cash & Short-Term Investments	118.63	108.54	89.83	105.69	114.7	85.12
Cash Growth	40.33%	20.83%	-15.00%	-7.86%	34.75%	-10.67%
Accounts Receivable	32.53	47.53	35.78	21.11	13.1	13.48
Other Receivables	-	0.58	0.32	-	-	-
Receivables	32.53	48.11	36.1	21.11	13.1	13.48
Inventory	33.46	26.15	28.37	20.38	11.75	10.32
Prepaid Expenses	5.3	1.71	1.48	1.82	1.56	3.07
Other Current Assets	-	0.96	2.09	2.76	2.08	0.98
Total Current Assets	189.91	185.47	157.87	151.76	143.19	112.97
Property, Plant & Equipment	26.5	30.17	32.7	35.01	36.27	30.04
Long-Term Investments	21.29	13.83	3.06	2.3	-	15.42
Goodwill	12.79	12.79	12.79	12.79	12.79	12.79
Other Intangible Assets	-	-	-	0.04	0.05	0.07
Long-Term Accounts Receivable	0.79	-	-	-	0.58	0.19
Long-Term Deferred Tax Assets	11.03	10.32	10.26	11.42	11.03	16.9
Other Long-Term Assets	0.39	0.39	0.37	0.37	0.41	0.41
Total Assets	262.71	252.97	217.04	213.69	204.31	188.77
Accounts Payable	3.41	3	0.81	0.91	1.12	1.19
Accrued Expenses	9.54	13.45	13.46	13.12	11.06	9.24
Current Portion of Leases	1.96	1.79	1.6	1.56	1.24	1.02
Current Income Taxes Payable	-	1.08	0.27	-	-	-
Current Unearned Revenue	2.97	1.1	1.2	3.32	1.55	15.75
Other Current Liabilities	0.98	1.06	0.97	0.88	0.76	0.63
Total Current Liabilities	18.87	21.47	18.3	19.79	15.73	27.83
Long-Term Leases	9.86	11.49	13.28	14.88	16.44	11.53
Long-Term Unearned Revenue	0.03	0.09	0.12	0.09	0.09	13.12
Other Long-Term Liabilities	0.07	0.12	-	0.16	0.43	0.28
Total Liabilities	28.83	33.17	31.7	34.91	32.69	52.76
Common Stock	0.07	0.07	0.06	0.06	0.06	0.06
Additional Paid-In Capital	231.91	217.62	204.96	195.59	179.16	170.03
Retained Earnings	82.24	82.66	61.15	37.1	22.83	-3.55
Treasury Stock	-80.49	-80.49	-80.49	-53.83	-30.49	-30.49
Comprehensive Income & Other	0.15	-0.04	-0.35	-0.15	0.05	-0.04
Shareholders' Equity	233.87	219.81	185.34	178.78	171.62	136.01
Total Liabilities & Equity	262.71	252.97	217.04	213.69	204.31	188.77
Total Debt	11.83	13.28	14.88	16.44	17.69	12.56
Net Cash (Debt)	106.8	95.26	74.96	89.25	97.02	87.99
Net Cash Growth	15.84%	27.09%	-16.01%	-8.01%	10.26%	5.91%
Net Cash Per Share	1.86	1.65	1.30	1.52	1.71	1.57
Filing Date Shares Outstanding	57.89	57.08	56.28	56.81	57.1	55.49
Total Common Shares Outstanding	57.88	56.88	56.08	56.82	56.34	55.26
Working Capital	171.04	164	139.57	131.98	127.46	85.14
Book Value Per Share	4.04	3.86	3.31	3.15	3.05	2.46
Tangible Book Value	221.08	207.02	172.55	165.95	158.79	123.16
Tangible Book Value Per Share	3.82	3.64	3.08	2.92	2.82	2.23
Machinery	-	34.28	31.74	32.91	33.98	30.87
Construction In Progress	-	1.21	2.41	3.3	0.67	3.91
Leasehold Improvements	-	18.9	17.58	15.22	14.52	10.49

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