Smith-Midland Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	13.22	11.88	7.55	9.18	6.73	13.49
Cash & Short-Term Investments	13.22	11.88	7.55	9.18	6.73	13.49
Cash Growth	46.77%	57.45%	-17.73%	36.41%	-50.15%	35.03%
Accounts Receivable	29.89	28.4	20.75	17.73	17.21	10.45
Inventory	7.22	6.93	6.68	5.15	3.82	2.85
Other Current Assets	1.29	1.53	0.88	1.27	1.18	0.96
Total Current Assets	51.62	48.75	35.85	33.33	28.94	27.75
Net Property, Plant & Equipment	39.98	38.48	31.7	27.68	25.12	25.32
Other Long-Term Assets	0.61	0.5	0.44	0.34	0.25	0.21
Total Assets	92.2	87.73	67.99	61.35	54.31	53.28
Accounts Payable	8.27	5.48	4.74	7.34	5.82	2.07
Accrued Expenses	4.64	4.67	3.74	2.51	1.73	3.73
Current Portion of Long-Term Debt	0.66	0.65	0.66	0.64	0.62	0.46
Current Portion of Leases	0.02	0.02	0.02	0.04	0.08	3.87
Unearned Revenue	3	3.51	5.85	5.5	2.98	3.78
Total Current Liabilities	16.58	14.33	15.01	16.02	11.22	13.9
Long-Term Debt	3.63	3.8	4.44	5.09	5.73	3.68
Long-Term Leases	0.07	0.07	0.09	0	0.05	0.12
Other Long-Term Liabilities	16.27	15.22	6.72	6.08	4.26	3.82
Total Long-Term Liabilities	19.96	19.09	11.24	11.17	10.03	7.62
Total Liabilities	36.54	33.43	26.25	27.19	21.26	21.53
Common Stock	0.05	0.05	0.05	0.05	0.05	0.05
Treasury Stock	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1
Additional Paid-in Capital	7.79	7.78	7.72	7.81	7.44	6.94
Retained Earnings	47.92	46.58	34.07	26.4	25.66	24.86
Shareholders' Equity	55.66	54.3	41.74	34.16	33.06	31.75
Total Liabilities & Equity	92.2	87.73	67.99	61.35	54.31	53.28
Total Debt	4.37	4.54	5.21	5.77	6.47	8.13
Net Cash (Debt)	8.85	7.35	2.34	3.4	0.26	5.36
Net Cash Growth	20.47%	213.57%	-31.13%	1228.91%	-95.23%	-
Net Cash Per Share	1.67	1.39	0.44	0.64	0.05	1.03
Book Value	55.66	54.3	41.74	34.16	33.06	31.75
Book Value Per Share	10.49	10.24	7.89	6.46	6.29	6.08
Tangible Book Value	55.66	54.3	41.74	34.16	33.06	31.75
Tangible Book Value Per Share	10.49	10.24	7.89	6.46	6.29	6.08

SEC Filings: 10-K · 10-Q