Flotek Industries, Inc. (FTK)

Flotek Industries 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	5	5.85	12.29	11.53	38.66	100.58
Cash & Short-Term Investments	5	5.85	12.29	11.53	38.66	100.58
Cash Growth	12.22%	-52.39%	6.55%	-70.17%	-61.56%	3204.04%
Accounts Receivable	65.76	54.09	48.93	13.3	11.76	15.64
Other Receivables	-	-	-	-	0.4	0.63
Receivables	65.76	54.09	48.93	13.3	12.17	16.27
Inventory	12.74	12.84	15.72	9.45	11.84	23.21
Restricted Cash	0.1	0.1	0.1	1.79	0.66	0.66
Other Current Assets	2.69	3.56	3.03	6.52	3.13	13.19
Total Current Assets	86.29	76.45	80.07	42.6	66.46	153.91
Property, Plant & Equipment	8.72	10.16	10.73	7.34	11.41	56.22
Goodwill	-	-	-	-	8.09	-
Other Intangible Assets	-	-	-	-	-	20.32
Long-Term Accounts Receivable	63.84	68.82	72.58	-	-	-
Long-Term Deferred Tax Assets	0.07	0.3	0.4	0.28	0.22	0.15
Other Long-Term Assets	1.74	1.79	1.03	0.03	0.03	-
Total Assets	160.65	157.51	164.81	50.24	86.21	230.6
Accounts Payable	37.4	31.71	33.38	7.62	5.79	16.23
Accrued Expenses	2.9	5.28	7.88	6.19	6.91	6.29
Short-Term Debt	1.43	7.49	103.37	-	-	-
Current Portion of Long-Term Debt	0.1	0.18	2.05	1.44	4.05	-
Current Portion of Leases	2.39	2.47	3.36	0.64	0.7	0.54
Current Income Taxes Payable	0.05	0.05	0.1	0	0.02	-
Current Unearned Revenue	0.45	0.55	0.66	0.53	0.15	-
Other Current Liabilities	0.01	0.06	0.58	2.36	11.25	18.26
Total Current Liabilities	44.74	47.78	151.37	18.78	28.86	41.32
Long-Term Debt	-	0.06	2.74	3.35	1.62	-
Long-Term Leases	6.87	7.68	8.06	7.83	8.44	17.13
Long-Term Unearned Revenue	0.04	0.04	0.04	0.09	0.12	-
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.12
Total Liabilities	51.64	55.55	162.21	30.05	39.04	58.57
Common Stock	0	0	0	0.01	0.01	0.01
Additional Paid-In Capital	464.14	463.14	388.18	363.42	359.72	347.56
Retained Earnings	-320.74	-326.81	-351.52	-309.21	-278.69	-142.24
Treasury Stock	-34.53	-34.5	-34.25	-34.1	-33.85	-33.48
Comprehensive Income & Other	0.13	0.13	0.18	0.08	-0.02	0.18
Total Common Equity	109.01	101.96	2.6	20.19	47.17	172.03
Shareholders' Equity	109.01	101.96	2.6	20.19	47.17	172.03
Total Liabilities & Equity	160.65	157.51	164.81	50.24	86.21	230.6
Total Debt	10.79	17.88	119.58	13.26	14.81	17.67
Net Cash (Debt)	-5.8	-12.03	-107.29	-1.73	23.86	82.9
Net Cash Growth	-	-	-	-	-71.23%	-
Net Cash Per Share	-0.19	-0.42	-8.65	-0.14	2.10	8.47
Filing Date Shares Outstanding	29.55	29.41	14.31	12.48	11.63	9.65
Total Common Shares Outstanding	29.54	29.42	12.58	11.95	11.72	9.65
Working Capital	41.56	28.67	-71.3	23.82	37.59	112.58
Book Value Per Share	3.69	3.47	0.21	1.69	4.03	17.83
Tangible Book Value	109.01	101.96	2.6	20.19	39.08	151.71
Tangible Book Value Per Share	3.69	3.47	0.21	1.69	3.34	15.73
Land	0.89	0.89	0.89	0.89	2.42	2.42
Buildings	5.52	5.48	5.36	5.47	6.36	38.74
Machinery	10.49	10.15	9.5	9.52	10.9	34.15

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