Select Water Solutions, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $18.1M | $20.0M | $57.1M | $7.3M | $85.8M | $169.0M | $79.3M | $17.2M |
| Accounts Receivable | — | — | — | $430.0M | $232.8M | $129.4M | $267.6M | $341.7M |
| Inventory | $34.3M | $38.4M | $38.7M | $41.2M | $44.5M | $33.4M | $37.5M | $45.0M |
| Total Current Assets | $354.4M | $385.5M | $454.1M | $517.9M | $394.8M | $351.5M | $415.6M | $432.2M |
| Property, Plant & Equipment | $912.2M | $725.7M | $517.6M | $499.6M | $391.8M | $350.4M | $453.3M | $502.8M |
| Goodwill | $48.5M | $18.2M | $4.7M | — | — | — | $266.9M | $273.8M |
| Intangible Assets (Excl. Goodwill) | $106.2M | $123.7M | $116.2M | $138.8M | $108.5M | $116.1M | $137.0M | $148.4M |
| Total Assets | $1.60B | $1.37B | $1.22B | $1.22B | $950.2M | $875.4M | $1.35B | $1.36B |
| Liabilities | ||||||||
| Accounts Payable | $49.7M | $39.2M | $42.6M | $61.5M | $36.0M | $13.0M | $35.7M | $53.8M |
| Total Current Liabilities | $225.7M | $233.4M | $211.5M | $231.3M | $162.0M | $88.8M | $151.9M | $179.7M |
| Long-Term Debt | $285.0M | $85.0M | $0 | $16.0M | — | — | — | $45.0M |
| Total Liabilities | $668.5M | $450.7M | $326.0M | $339.1M | $255.0M | $169.5M | $234.8M | $249.8M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-184.9M | $-206.1M | $-236.8M | $-311.2M | $-359.5M | $-317.2M | $21.4M | $18.7M |
| Total Stockholders' Equity | $805.6M | $793.5M | $772.5M | $766.0M | $592.1M | $593.1M | $937.2M | $832.9M |