Forum Energy Technologies, Inc. (FET)

Forum Energy Technologies 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	33.31	46.17	51.03	46.86	128.62	57.91
Cash & Short-Term Investments	33.31	46.17	51.03	46.86	128.62	57.91
Cash Growth	-10.33%	-9.53%	8.90%	-63.57%	122.09%	22.59%
Accounts Receivable	180.77	161.91	170.05	134.43	90.81	159.55
Receivables	180.77	161.91	170.05	134.43	90.81	159.55
Inventory	286.94	299.64	269.83	241.74	251.75	414.64
Prepaid Expenses	22.7	21.89	21.96	23.7	19.02	33.82
Total Current Assets	523.73	529.6	512.87	446.73	490.19	665.92
Property, Plant & Equipment	137.47	116.8	120.23	119.44	145.19	203.52
Goodwill	65.62	-	-	-	-	-
Other Intangible Assets	242.33	167.97	191.48	217.41	240.44	272.3
Long-Term Deferred Tax Assets	0.15	0.37	0.18	0.2	0.1	0.65
Long-Term Deferred Charges	2.3	1.16	1.17	1.48	0.25	1.24
Other Long-Term Assets	2.15	5.16	8.83	6.08	13.75	16.37
Total Assets	973.74	821.06	834.76	791.34	889.93	1,160
Accounts Payable	117.16	125.92	118.26	99.38	46.35	98.72
Accrued Expenses	70.58	53.26	67.77	47.48	55.61	74.09
Current Portion of Long-Term Debt	69.39	-	-	-	-	-
Current Portion of Leases	-	10.39	9.56	11.82	13.3	13.26
Current Unearned Revenue	13.9	14.77	14.71	16.98	9.68	10.79
Total Current Liabilities	271.02	204.34	210.29	175.66	124.93	196.85
Long-Term Debt	158.37	127.89	237.9	232.02	292.42	397.54
Long-Term Leases	61.69	63.13	65.86	35.1	45.49	51.26
Long-Term Deferred Tax Liabilities	28.49	0.94	0.9	0.83	1.95	2.47
Other Long-Term Liabilities	10.63	12.13	12.77	18.61	18.9	25.84
Total Liabilities	530.21	408.43	527.72	462.21	483.69	673.96
Common Stock	0.13	0.11	0.06	0.06	0.06	1.19
Additional Paid-In Capital	1,418	1,369	1,254	1,250	1,243	1,232
Retained Earnings	-731.3	-699.47	-680.6	-684.31	-601.66	-503.37
Treasury Stock	-142.06	-142.06	-138.56	-135.56	-134.5	-134.49
Comprehensive Income & Other	-101.16	-115.24	-127.49	-101.03	-100.39	-108.94
Total Common Equity	443.53	412.63	307.04	329.13	406.24	486.04
Shareholders' Equity	443.53	412.63	307.04	329.13	406.24	486.04
Total Liabilities & Equity	973.74	821.06	834.76	791.34	889.93	1,160
Total Debt	289.45	201.4	313.31	278.93	351.21	462.06
Net Cash (Debt)	-256.13	-155.24	-262.28	-232.07	-222.59	-404.14
Net Cash Per Share	-21.76	-15.20	-44.07	-41.13	-39.91	-73.41
Filing Date Shares Outstanding	12.28	12.28	10.3	5.65	5.6	5.52
Total Common Shares Outstanding	12.28	10.19	5.65	5.63	5.58	5.52
Working Capital	252.7	325.27	302.57	271.08	365.26	469.07
Book Value Per Share	36.11	40.48	54.31	58.42	72.78	88.03
Tangible Book Value	135.58	244.66	115.55	111.72	165.79	213.74
Tangible Book Value Per Share	11.04	24.00	20.44	19.83	29.70	38.71
Land	-	4.84	4.76	7.5	8.48	9.87
Buildings	-	46.6	49.71	85.81	93.65	103.38
Machinery	-	164.63	159.69	168.11	202.74	234.18
Construction In Progress	-	1.56	4.53	1.96	0.97	3.66
Order Backlog	-	241.6	264.8	196.5	114	173

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