Forum Energy Technologies, Inc. (FET)

Forum Energy Technologies Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	31.14	44.66	46.17	51.03	46.86	128.62
Cash & Short-Term Investments	31.14	44.66	46.17	51.03	46.86	128.62
Cash Growth	-35.77%	-3.26%	-9.53%	8.90%	-63.57%	122.09%
Accounts Receivable	165.58	166.31	161.91	170.05	134.43	90.81
Receivables	165.58	166.31	161.91	170.05	134.43	90.81
Inventory	263.6	265.49	299.64	269.83	241.74	251.75
Prepaid Expenses	18.25	19.18	21.89	21.96	23.7	19.02
Total Current Assets	478.57	495.64	529.6	512.87	446.73	490.19
Property, Plant & Equipment	129.97	133.81	116.8	120.23	119.44	145.19
Goodwill	61.7	61.65	-	-	-	-
Other Intangible Assets	104.16	109.23	167.97	191.48	217.41	240.44
Long-Term Deferred Tax Assets	11.85	11.45	0.37	0.18	0.2	0.1
Long-Term Deferred Charges	2.01	2.15	1.16	1.17	1.48	0.25
Other Long-Term Assets	1.85	2.03	5.16	8.83	6.08	13.75
Total Assets	790.11	815.95	821.06	834.76	791.34	889.93
Accounts Payable	106.95	109.65	125.92	118.26	99.38	46.35
Accrued Expenses	71.1	66.18	53.26	67.77	47.48	55.61
Current Portion of Leases	1.83	12.92	10.39	9.56	11.82	13.3
Current Unearned Revenue	14.81	13.1	14.77	14.71	16.98	9.68
Total Current Liabilities	194.69	201.86	204.34	210.29	175.66	124.93
Long-Term Debt	167.95	185.02	127.89	237.9	232.02	292.42
Long-Term Leases	72.32	74.65	63.13	65.86	35.1	45.49
Long-Term Deferred Tax Liabilities	22.53	23.68	0.94	0.9	0.83	1.95
Other Long-Term Liabilities	12.57	10.85	12.13	12.77	18.61	18.9
Total Liabilities	470.07	496.05	408.43	527.72	462.21	483.69
Common Stock	0.13	0.13	0.11	0.06	0.06	0.06
Additional Paid-In Capital	1,420	1,420	1,369	1,254	1,250	1,243
Retained Earnings	-833.68	-834.8	-699.47	-680.6	-684.31	-601.66
Treasury Stock	-144.05	-142.06	-142.06	-138.56	-135.56	-134.5
Comprehensive Income & Other	-122.73	-123.25	-115.24	-127.49	-101.03	-100.39
Total Common Equity	320.04	319.9	412.63	307.04	329.13	406.24
Shareholders' Equity	320.04	319.9	412.63	307.04	329.13	406.24
Total Liabilities & Equity	790.11	815.95	821.06	834.76	791.34	889.93
Total Debt	242.11	272.59	201.4	313.31	278.93	351.21
Net Cash (Debt)	-210.96	-227.93	-155.24	-262.28	-232.07	-222.59
Net Cash Per Share	-17.12	-18.53	-15.20	-44.07	-41.13	-39.91
Filing Date Shares Outstanding	12.37	12.35	12.28	10.3	5.65	5.6
Total Common Shares Outstanding	12.37	12.29	10.19	5.65	5.63	5.58
Working Capital	283.88	293.78	325.27	302.57	271.08	365.26
Book Value Per Share	25.87	26.03	40.48	54.31	58.42	72.78
Tangible Book Value	154.18	149.02	244.66	115.55	111.72	165.79
Tangible Book Value Per Share	12.46	12.12	24.00	20.44	19.83	29.70
Land	-	2.39	4.84	4.76	7.5	8.48
Buildings	-	26.35	46.6	49.71	85.81	93.65
Machinery	-	181.29	164.63	159.69	168.11	202.74
Construction In Progress	-	5.33	1.56	4.53	1.96	0.97
Order Backlog	-	213.5	241.6	264.8	196.5	114

Updated Mar 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q