Tidewater Inc. (TDW)

Tidewater 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	341.8	324.92	274.44	164.19	149.04	149.93
Cash & Short-Term Investments	341.8	324.92	274.44	164.19	149.04	149.93
Cash Growth	21.70%	18.39%	67.14%	10.17%	-0.60%	-31.31%
Receivables	312.9	323.81	268.35	156.47	156.64	174.67
Inventory	23.1	34.32	31.93	30.83	12.61	15.88
Prepaid Expenses	14.56	12.49	9.77	16.29	6.93	9.49
Restricted Cash	5.23	2.03	1.24	1.24	1.24	2.08
Other Current Assets	0.6	1.1	5.4	8.9	16.22	36.6
Total Current Assets	698.2	698.66	591.14	377.91	342.67	388.65
Property, Plant & Equipment	1,164	1,195	1,322	803.7	691.48	783.69
Long-Term Deferred Charges	169.73	153.15	109.6	65.38	43.33	60.77
Other Long-Term Assets	34.48	27.66	39.71	50.67	18.29	18.07
Total Assets	2,066	2,075	2,063	1,298	1,096	1,251
Accounts Payable	50.2	71.39	44.93	38.95	20.79	16.98
Accrued Expenses	127.6	129.89	125.59	105.52	51.73	52.42
Current Portion of Long-Term Debt	80.04	65.39	103.08	-	-	27.8
Current Portion of Leases	-	4.9	1.79	2.11	1.41	1.13
Current Income Taxes Payable	55.38	48.12	44.46	39.36	18.98	23.88
Current Unearned Revenue	5.4	-	-	2.2	0.6	0.4
Other Current Liabilities	18.92	11.92	8.88	6.66	64.44	60.56
Total Current Liabilities	337.54	331.61	328.73	194.79	157.94	183.18
Long-Term Debt	555.99	571.71	631.36	169.04	167.89	164.93
Long-Term Leases	-	5.91	5.3	5.51	3.3	2.67
Long-Term Unearned Revenue	1.1	-	-	-	-	-
Other Long-Term Liabilities	44.2	36.96	40.68	44.96	38.01	45.39
Total Liabilities	955.8	963.72	1,025	431.67	394.01	427.91
Common Stock	0.05	0.05	0.05	0.05	0.04	0.04
Additional Paid-In Capital	1,653	1,657	1,672	1,557	1,376	1,372
Retained Earnings	-545.89	-548.83	-637.84	-699.65	-677.9	-548.93
Comprehensive Income & Other	6.61	6.06	5.27	8.58	2.67	-0.8
Total Common Equity	1,114	1,114	1,039	865.97	701.3	822.12
Minority Interest	-3.26	-2.93	-1.54	0.02	0.47	1.16
Shareholders' Equity	1,110	1,111	1,038	865.99	701.77	823.27
Total Liabilities & Equity	2,066	2,075	2,063	1,298	1,096	1,251
Total Debt	636.04	647.91	741.53	176.65	172.59	196.53
Net Cash (Debt)	-294.24	-323	-467.1	-12.46	-23.55	-46.6
Net Cash Per Share	-5.58	-6.09	-8.82	-0.28	-0.57	-1.15
Filing Date Shares Outstanding	49.48	51.47	52.27	50.57	41.32	40.72
Total Common Shares Outstanding	50.85	51.46	52.26	50.55	41.31	40.7
Working Capital	360.65	367.05	262.4	183.12	184.73	205.47
Book Value Per Share	21.90	21.65	19.89	17.13	16.98	20.20
Tangible Book Value	1,114	1,114	1,039	865.97	701.3	822.12
Tangible Book Value Per Share	21.90	21.65	19.89	17.13	16.98	20.20
Machinery	1,736	1,727	1,716	1,071	898.65	940.18

Updated May 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q