Target Hospitality Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	8.35	190.67	103.93	181.67	23.41
Cash & Short-Term Investments	8.35	190.67	103.93	181.67	23.41
Cash Growth	-95.62%	83.46%	-42.79%	676.18%	235.38%
Accounts Receivable	56.2	49.34	67.09	42.15	28.78
Total Trade Receivables	56.2	49.34	67.09	42.15	28.78
Other Current Assets	8.79	9.33	9.48	12.55	8.35
Total Current Assets	73.34	249.34	180.5	236.38	60.54
Net Property, Plant & Equipment	374.7	380.72	403.39	416.33	303.04
Other Intangible Assets	39.33	52.81	66.28	75.18	88.49
Goodwill	41.04	41.04	41.04	41.04	41.04
Other Long-Term Assets	1.79	1.87	3.14	2.81	20.29
Total Assets	530.21	725.77	694.35	771.73	513.39
Accounts Payable	44.39	16.19	20.93	17.56	11.8
Accrued Expenses	22.48	25.78	33.65	39.64	33.13
Current Portion of Long-Term Debt	-	180.33	-	-	-
Current Portion of Leases	7.89	10.41	12.48	13.65	0.73
Unearned Revenue	18.57	1.24	5.47	125.52	34.41
Other Current Liabilities	-	-	0.68	-	-
Total Current Liabilities	84.04	233.4	70.33	190.9	72.8
Long-Term Debt	-	-	178.09	328.85	330.21
Long-Term Leases	2.8	18.91	9.45	12.19	0.7
Other Long-Term Liabilities	45.01	51.83	55.5	33.47	5.14
Total Long-Term Liabilities	47.81	70.74	243.04	374.5	336.05
Total Liabilities	141.15	304.68	317.05	570.88	416.12
Common Stock	0.01	0.01	0.01	0.01	0.01
Treasury Stock	-57.3	-57.3	-23.56	-23.56	-23.56
Additional Paid-in Capital	154.09	148.78	142.38	139.29	109.54
Accumulated Other Comprehensive Income	-2.8	-2.79	-2.63	-2.57	-2.46
Retained Earnings	295.26	332.38	261.12	87.68	13.74
Total Common Shareholders' Equity	389.26	421.08	377.31	200.85	97.27
Minority Interest	-0.2	0.01	-	-	-
Shareholders' Equity	389.06	421.09	377.31	200.85	97.27
Total Liabilities & Equity	530.21	725.77	694.35	771.73	513.39
Total Debt	10.7	209.65	200.03	354.69	331.64
Net Cash (Debt)	-2.35	-18.98	-96.1	-173.02	-308.23
Net Cash Per Share	-0.02	-0.19	-0.91	-1.73	-3.19
Book Value	389.26	421.08	377.31	200.85	97.27
Book Value Per Share	3.91	4.15	3.58	2.01	1.01
Tangible Book Value	308.89	327.24	269.99	84.63	-32.25
Tangible Book Value Per Share	3.10	3.23	2.56	0.85	-0.33

Updated Mar 11, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q