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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	369.41	324.92	274.44	164.19	149.04	149.93
Cash & Short-Term Investments	369.41	324.92	274.44	164.19	149.04	149.93
Cash Growth	16.94%	18.39%	67.14%	10.17%	-0.60%	-31.31%
Receivables	316.49	323.81	268.35	156.47	156.64	174.67
Inventory	24.47	34.32	31.93	30.83	12.61	15.88
Prepaid Expenses	13.72	12.49	9.77	16.29	6.93	9.49
Restricted Cash	0.02	2.03	1.24	1.24	1.24	2.08
Other Current Assets	0.4	1.1	5.4	8.9	16.22	36.6
Total Current Assets	724.51	698.66	591.14	377.91	342.67	388.65
Property, Plant & Equipment	1,132	1,195	1,322	803.7	691.48	783.69
Long-Term Deferred Charges	166.66	153.15	109.6	65.38	43.33	60.77
Other Long-Term Assets	51.09	27.66	39.71	50.67	18.29	18.07
Total Assets	2,074	2,075	2,063	1,298	1,096	1,251
Accounts Payable	48.72	71.39	44.93	38.95	20.79	16.98
Accrued Expenses	125.21	129.89	125.59	105.52	51.73	52.42
Current Portion of Long-Term Debt	93.37	65.39	103.08	-	-	27.8
Current Portion of Leases	-	4.9	1.79	2.11	1.41	1.13
Current Income Taxes Payable	55.91	48.12	44.46	39.36	18.98	23.88
Current Unearned Revenue	6.1	-	-	2.2	0.6	0.4
Other Current Liabilities	13.78	11.92	8.88	6.66	64.44	60.56
Total Current Liabilities	343.07	331.61	328.73	194.79	157.94	183.18
Long-Term Debt	531.87	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	4	-	-	-	-	-
Other Long-Term Liabilities	43.29	36.96	40.68	44.96	38.01	45.39
Total Liabilities	938.15	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	1,657	1,657	1,672	1,557	1,376	1,372
Retained Earnings	-524.24	-548.83	-637.84	-699.65	-677.9	-548.93
Comprehensive Income & Other	7.27	6.06	5.27	8.58	2.67	-0.8
Total Common Equity	1,140	1,114	1,039	865.97	701.3	822.12
Minority Interest	-3.49	-2.93	-1.54	0.02	0.47	1.16
Shareholders' Equity	1,136	1,111	1,038	865.99	701.77	823.27
Total Liabilities & Equity	2,074	2,075	2,063	1,298	1,096	1,251
Total Debt	625.24	647.91	741.53	176.65	172.59	196.53
Net Cash (Debt)	-255.84	-323	-467.1	-12.46	-23.55	-46.6
Net Cash Per Share	-4.92	-6.09	-8.82	-0.28	-0.57	-1.15
Filing Date Shares Outstanding	49.49	51.47	52.27	50.57	41.32	40.72
Total Common Shares Outstanding	49.48	51.46	52.26	50.55	41.31	40.7
Working Capital	381.43	367.05	262.4	183.12	184.73	205.47
Book Value Per Share	23.03	21.65	19.89	17.13	16.98	20.20
Tangible Book Value	1,140	1,114	1,039	865.97	701.3	822.12
Tangible Book Value Per Share	23.03	21.65	19.89	17.13	16.98	20.20
Machinery	1,741	1,727	1,716	1,071	898.65	940.18

Updated Aug 4, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q