Acuren Corporation (TIC)

Acuren Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Cash & Equivalents	139.13	87.06	62.59
Trading Asset Securities	-	0	0.01
Cash & Short-Term Investments	139.13	87.06	62.6
Cash Growth	59.81%	39.09%	-
Receivables	236.52	233.24	234.84
Prepaid Expenses	18.58	13.6	10.28
Total Current Assets	394.24	333.91	307.72
Property, Plant & Equipment	219.23	134.71	157.63
Goodwill	845.94	511.5	505.4
Other Intangible Assets	740.66	264.34	299.14
Long-Term Deferred Tax Assets	0.77	2.37	1.53
Other Long-Term Assets	6.91	15.79	28.95
Total Assets	2,208	1,263	1,300
Accounts Payable	13.88	23.21	20.2
Accrued Expenses	67.68	60.35	50.53
Current Portion of Long-Term Debt	7.75	7.28	5.49
Current Portion of Leases	17.03	16.62	16.15
Current Income Taxes Payable	-	5.43	8.31
Total Current Liabilities	106.33	112.88	100.67
Long-Term Debt	747.05	668.03	555.86
Long-Term Leases	40.75	38.06	37.38
Long-Term Deferred Tax Liabilities	150.67	35.29	57.9
Other Long-Term Liabilities	11.76	26.35	26.42
Total Liabilities	1,057	880.62	778.23
Common Stock	0.01	0.05	0.05
Additional Paid-In Capital	1,294	366.33	511.35
Retained Earnings	-106.99	17.45	23.74
Treasury Stock	-	-1.03	-1.03
Comprehensive Income & Other	-35.49	-0.8	-11.98
Shareholders' Equity	1,151	382	522.13
Total Liabilities & Equity	2,208	1,263	1,300
Total Debt	812.58	730	614.88
Net Cash (Debt)	-673.45	-642.93	-552.28
Net Cash Per Share	-21.19	-127.95	-108.42
Filing Date Shares Outstanding	121.48	5.69	5.03
Total Common Shares Outstanding	121.48	5.69	5.03
Working Capital	287.91	221.03	207.05
Book Value Per Share	9.48	67.11	103.88
Tangible Book Value	-435.42	-393.84	-282.41
Tangible Book Value Per Share	-3.58	-69.19	-56.19
Land	-	5.39	5.28
Buildings	-	20.21	16.2
Machinery	-	241.24	210.18
Construction In Progress	-	2.9	7.42

Updated Nov 27, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.