The Oncology Institute, Inc. (TOI)

The Oncology Institute 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	27.66	49.67	33.49	14.01	115.17	6
Short-Term Investments	-	-	49.37	59.8	-	-
Cash & Short-Term Investments	27.66	49.67	82.86	73.81	115.17	6
Cash Growth	-41.65%	-40.05%	12.26%	-35.92%	1820.21%	-
Accounts Receivable	59.64	48.34	42.36	39.82	20.01	17.15
Other Receivables	0.34	0.35	0.55	0.62	1.24	0.11
Total Trade Receivables	59.98	48.68	42.91	40.43	21.24	17.26
Inventory	18.88	10.04	13.68	9.26	6.44	4.35
Other Current Assets	3.57	4.03	4.05	6.92	11.2	2.11
Total Current Assets	110.09	112.42	143.49	130.42	154.06	29.72
Net Property, Plant & Equipment	33.98	37.67	40.05	33.04	4.19	2.1
Other Intangible Assets	11.73	14.81	17.9	17.96	18.25	19.52
Goodwill	7.23	7.23	7.23	21.42	26.63	14.23
Long-Term Investments	-	-	-	58.35	-	-
Other Long-Term Assets	0.59	0.59	0.56	0.48	0.32	0.12
Total Assets	163.62	172.72	209.24	261.67	203.44	65.69
Accounts Payable	35.63	24.32	14.43	9.37	15.56	12.64
Accrued Expenses	22.79	21.09	14	14.85	14.06	10.6
Current Portion of Long-Term Debt	-	-	-	-	0.18	5.37
Current Portion of Leases	7.16	6.8	6.36	5.5	-	-
Total Current Liabilities	65.58	52.22	34.79	29.72	29.8	28.61
Long-Term Debt	76.2	93.13	86.83	80.62	-	6.56
Long-Term Leases	20.2	23.22	26.49	22.06	-	-
Other Long-Term Liabilities	13.92	0.56	4.12	6.09	69.48	2.42
Total Long-Term Liabilities	110.31	116.91	117.43	108.77	69.48	8.98
Total Liabilities	175.89	169.13	152.22	138.49	99.28	37.59
Common Stock	0.01	0.01	0.01	0	0.01	0.01
Treasury Stock	-1.02	-1.02	-1.02	-	-	-
Additional Paid-in Capital	252.65	215.41	204.19	186.25	167.39	80.4
Retained Earnings	-263.91	-210.81	-146.15	-63.08	-63.23	-52.31
Shareholders' Equity	-12.27	3.59	57.03	123.17	104.16	28.1
Total Liabilities & Equity	163.62	172.72	209.24	261.67	203.44	65.69
Total Debt	103.55	123.15	119.68	108.18	0.18	11.93
Net Cash (Debt)	-75.89	-73.48	-36.82	-34.37	114.99	-5.93
Net Cash Per Share	-0.88	-0.98	-0.50	-0.43	1.74	-0.10
Book Value	-12.27	3.59	57.03	123.17	104.16	28.1
Book Value Per Share	-0.14	0.05	0.77	1.53	1.57	0.48
Tangible Book Value	-31.24	-18.45	31.89	83.79	59.29	-5.64
Tangible Book Value Per Share	-0.36	-0.25	0.43	1.04	0.90	-0.10

Updated Nov 13, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q