Keel Infrastructure Corp. (KEEL)

NASDAQ: KEEL · Real-Time Price · USD

3.370

+0.120 (3.69%)

At close: Aug 20, 2026, 4:00 PM EDT

3.380

+0.010 (0.30%)

After-hours: Aug 20, 2026, 7:59 PM EDT

Keel Infrastructure Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	715.52	573.46	59.54	84.04	30.89	125.6
Cash & Short-Term Investments	715.52	573.46	59.54	84.04	30.89	125.6
Cash Growth	737.46%	863.12%	-29.15%	172.08%	-75.41%	2011.91%
Accounts Receivable	5.02	5.47	1.26	0.71	0.7	1.04
Other Receivables	-	2.83	4.28	1.49	16.07	2.68
Receivables	5.02	8.3	5.54	2.21	16.77	3.72
Inventory	8.85	8.68	1.14	0.71	0.59	0.55
Other Current Assets	167.08	236.03	147.52	43.03	20.85	157.27
Total Current Assets	896.47	826.47	213.74	129.98	69.09	287.13
Property, Plant & Equipment	299.19	371.56	260.84	200.33	235.79	146.25
Long-Term Investments	-	1.25	-	-	-	-
Goodwill	-	-	-	-	-	16.96
Other Intangible Assets	2.94	2.98	4.64	3.7	0.03	1.68
Long-Term Deferred Tax Assets	-	-	-	-	-	3.9
Long-Term Deferred Charges	-	1.67	-	-	-	-
Other Long-Term Assets	217.17	92.41	183.93	44.71	38.19	86.68
Total Assets	1,416	1,296	663.13	378.73	343.1	542.59

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	18.28	16.27	8.23	9.08	12.9	9.87
Accrued Expenses	16.68	18.7	13.83	-	-	-
Short-Term Debt	-	-	-	-	-	60
Current Portion of Long-Term Debt	6.75	97.02	0.15	4.02	43.05	10.26
Current Portion of Leases	1.68	1.73	2.09	2.86	3.65	4.35
Current Income Taxes Payable	-	-	-	1.11	-	12.09
Other Current Liabilities	11.74	14.39	3.86	52.09	7.81	4.61
Total Current Liabilities	55.12	148.11	28.16	69.15	67.41	101.18
Long-Term Debt	1,019	572.45	1.43	-	4.09	0.91
Long-Term Leases	10.85	12.58	19.75	12.99	14.22	9.23
Long-Term Deferred Tax Liabilities	0.07	0.07	0.07	-	-	8.45
Other Long-Term Liabilities	1.94	2.76	2.59	1.82	1.98	0.24
Total Liabilities	1,087	735.97	51.99	83.96	87.7	120.01

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	0.62	1,065	837.76	535.01	404.93	378.89
Additional Paid-In Capital	1,151	108.28	101.32	56.62	47.65	43.7
Retained Earnings	-822.83	-612.48	-327.94	-299.81	-197.19	-0.02
Comprehensive Income & Other	-	-	-	2.94	-	-
Total Common Equity	328.72	560.38	611.15	294.76	255.4	422.58
Shareholders' Equity	328.72	560.38	611.15	294.76	255.4	422.58
Total Liabilities & Equity	1,416	1,296	663.13	378.73	343.1	542.59

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	1,038	683.78	23.42	19.87	65.01	84.74
Net Cash (Debt)	-322.84	-110.32	36.13	64.17	-34.12	40.85
Net Cash Growth	-	-	-43.70%	-	-	-
Net Cash Per Share	-0.55	-0.20	0.09	0.24	-0.16	0.24
Filing Date Shares Outstanding	617.57	602.85	553.64	339.27	238.39	201.25
Total Common Shares Outstanding	616.74	601.58	479.33	334.15	224.2	194.81
Working Capital	841.34	678.35	185.58	60.83	1.68	185.95
Book Value Per Share	0.53	0.93	1.27	0.88	1.14	2.17
Tangible Book Value	325.78	557.39	606.51	291.06	255.37	403.95
Tangible Book Value Per Share	0.53	0.93	1.27	0.87	1.14	2.07
Land	51.76	63.89	5.04	5.74	4.39	4.55
Machinery	310.85	469.68	337.1	356.07	309.29	157.19
Leasehold Improvements	14.38	14.54	59.45	50.73	45.28	5.78