Target Hospitality 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	5.46	8.35	190.67	103.93	181.67	23.41
Cash & Short-Term Investments	5.46	8.35	190.67	103.93	181.67	23.41
Cash Growth	-84.16%	-95.62%	83.46%	-42.79%	676.18%	235.38%
Accounts Receivable	45.63	56.2	49.34	67.09	42.15	28.78
Total Trade Receivables	45.63	56.2	49.34	67.09	42.15	28.78
Other Current Assets	7.51	8.79	9.33	9.48	12.55	8.35
Total Current Assets	58.61	73.34	249.34	180.5	236.38	60.54
Net Property, Plant & Equipment	395.46	374.7	380.72	403.39	416.33	303.04
Other Intangible Assets	35.97	39.33	52.81	66.28	75.18	88.49
Goodwill	41.04	41.04	41.04	41.04	41.04	41.04
Other Long-Term Assets	8.47	1.79	1.87	3.14	2.81	20.29
Total Assets	539.54	530.21	725.77	694.35	771.73	513.39
Accounts Payable	33.04	44.39	16.19	20.93	17.56	11.8
Accrued Expenses	18.35	22.48	25.78	33.65	39.64	33.13
Current Portion of Long-Term Debt	-	-	180.33	-	-	-
Current Portion of Leases	6.86	7.89	10.41	12.48	13.65	0.73
Unearned Revenue	29.75	18.57	1.24	5.47	125.52	34.41
Other Current Liabilities	-	-	-	0.68	-	-
Total Current Liabilities	69.23	84.04	233.4	70.33	190.9	72.8
Long-Term Debt	30	-	-	178.09	328.85	330.21
Long-Term Leases	2.14	2.8	18.91	9.45	12.19	0.7
Other Long-Term Liabilities	42.79	45.01	51.83	55.5	33.47	5.14
Total Long-Term Liabilities	74.92	47.81	70.74	243.04	374.5	336.05
Total Liabilities	162.92	141.15	304.68	317.05	570.88	416.12
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Treasury Stock	-57.3	-57.3	-57.3	-23.56	-23.56	-23.56
Additional Paid-in Capital	154.7	154.09	148.78	142.38	139.29	109.54
Accumulated Other Comprehensive Income	-2.82	-2.8	-2.79	-2.63	-2.57	-2.46
Retained Earnings	282.34	295.26	332.38	261.12	87.68	13.74
Total Common Shareholders' Equity	376.92	389.26	421.08	377.31	200.85	97.27
Minority Interest	-0.3	-0.2	0.01	-	-	-
Shareholders' Equity	376.62	389.06	421.09	377.31	200.85	97.27
Total Liabilities & Equity	539.54	530.21	725.77	694.35	771.73	513.39
Total Debt	38.99	10.7	209.65	200.03	354.69	331.64
Net Cash (Debt)	-33.53	-2.35	-18.98	-96.1	-173.02	-308.23
Net Cash Per Share	-0.34	-0.02	-0.19	-0.91	-1.73	-3.19
Book Value	376.92	389.26	421.08	377.31	200.85	97.27
Book Value Per Share	3.78	3.91	4.15	3.58	2.01	1.01
Tangible Book Value	299.92	308.89	327.24	269.99	84.63	-32.25
Tangible Book Value Per Share	3.01	3.10	3.23	2.56	0.85	-0.33

SEC Filings: 10-K · 10-Q