CECO Environmental Corp. (CECO) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 539.23M | 410.18M | 395.48M | 383M | 476.1M | 330.97M | 276.27M | 281.37M | 271.61M | 281.44M | 285.38M | 291.04M | 275.45M | 240.66M | 222.69M | 218.71M | 211.84M | 189.01M | 189.71M | 180.22M |
| Cash & Short-Term Investments | 45.41M | 33.14M | 32.79M | 36.82M | 146.47M | 37.83M | 38.7M | 36.91M | 47.03M | 55.45M | 47.58M | 47.62M | 41.23M | 45.52M | 36.21M | 35.45M | 28.38M | 29.9M | 31.93M | 32.23M |
| Cash Only | 45.41M | 33.14M | 32.79M | 36.82M | 146.47M | 37.83M | 38.7M | 36.91M | 47.03M | 55.45M | 47.58M | 47.62M | 41.23M | 45.52M | 36.21M | 35.45M | 28.38M | 29.9M | 31.93M | 32.23M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 278.53M | 172.91M | 269.44M | 252.76M | 235.74M | 229.46M | 168.61M | 182.35M | 175.19M | 179.31M | 177.29M | 188.57M | 189.71M | 154.1M | 146.73M | 146.48M | 145.01M | 126.42M | 120.56M | 112.49M |
| Days Sales Outstanding | 94.62 | 94.78 | 121.57 | 119.89 | 118.47 | 115.48 | 119.13 | 118.29 | 127.68 | 106.72 | 112.65 | 133.24 | 137.45 | 118.89 | 124.41 | 125.86 | 132.14 | 121.39 | 134.04 | 127.3 |
| Inventory | 60.17M | 54M | 57.71M | 59.79M | 52.92M | 42.62M | 37.76M | 38.48M | 38.03M | 34.09M | 37.91M | 31.83M | 30.3M | 26.53M | 24.74M | 23.98M | 22.08M | 17.05M | 18.61M | 17.27M |
| Days Inventory Outstanding | 36.88 | 35.86 | 40.63 | 43.36 | 37.54 | 36.3 | 38.86 | 39.35 | 40.41 | 32.24 | 30.19 | 31.63 | 32.92 | 29.96 | 29.49 | 28.44 | 26.68 | 25.22 | 28.83 | 28.67 |
| Other Current Assets | 155.12M | 150.13M | 35.54M | 29.77M | 37.12M | 17.23M | 27.37M | 3.21M | 741K | 11.77M | 7.34M | 16.57M | 2.22M | 2.33M | 14.14M | 11.91M | 3.05M | 4.88M | 6.38M | 5.51M |
| Total Non-Current Assets | 488.14M | 483.59M | 496.4M | 493.58M | 480.99M | 428.73M | 345.25M | 316.76M | 317.41M | 331.67M | 314.67M | 291.58M | 292.12M | 264.06M | 263.53M | 263.01M | 246.56M | 227.19M | 228.97M | 230.48M |
| Property, Plant & Equipment | 77.27M | 76.06M | 75.72M | 71.52M | 70.48M | 58.91M | 57M | 44.43M | 42.84M | 42.49M | 38.86M | 35.72M | 35.6M | 32.2M | 32.31M | 28.5M | 27.88M | 26.84M | 26.89M | 26.32M |
| Fixed Asset Turnover | 2.80x | 2.83x | 2.68x | 2.61x | 2.73x | 2.74x | 2.67x | 3.15x | 2.96x | 3.78x | 4.01x | 3.62x | 3.32x | 3.61x | 3.57x | 3.74x | 3.38x | 3.48x | 3.01x | 2.96x |
| Goodwill | 291.13M | 288.16M | 292.26M | 288.04M | 274.77M | 269.75M | 220.03M | 211.14M | 211.48M | 211.33M | 209.82M | 199.74M | 207.79M | 183.2M | 182.37M | 185.79M | 181.6M | 161.18M | 161.59M | 161.78M |
| Intangible Assets | 99.17M | 96.97M | 100.99M | 116.54M | 109.25M | 83.52M | 61.15M | 55.61M | 57.88M | 60.03M | 61.85M | 52.46M | 44.95M | 44.76M | 45.44M | 45.29M | 33.85M | 35.47M | 37.36M | 39.11M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9.52M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 20.57M | 21.95M | 26.28M | 17.19M | 26.28M | 15.59M | 6.79M | -4.2M | 4.92M | 4.7M | 3.33M | 2.85M | 2.96M | 3.08M | 2.91M | 2.93M | 2.72M | 3.19M | 3.13M | 3.27M |
| Total Assets | 1.03B | 893.77M | 891.88M | 876.58M | 957.1M | 759.7M | 621.51M | 598.13M | 589.02M | 613.11M | 600.06M | 582.62M | 567.57M | 504.72M | 486.23M | 481.73M | 458.39M | 416.2M | 418.68M | 410.7M |
| Asset Turnover | 0.22x | 0.24x | 0.22x | 0.20x | 0.21x | 0.23x | 0.22x | 0.23x | 0.21x | 0.25x | 0.25x | 0.22x | 0.21x | 0.23x | 0.22x | 0.22x | 0.21x | 0.22x | 0.19x | 0.19x |
| Asset Growth % | 7.34% | 17.65% | 43.5% | 46.55% | 62.49% | 23.91% | 3.58% | 2.66% | 3.78% | 21.47% | 23.41% | 20.94% | 23.82% | 21.27% | 16.13% | 17.29% | 10.81% | -3.01% | -0.81% | -1.84% |
| Total Current Liabilities | 405.79M | 305.83M | 298.29M | 285.04M | 278.75M | 244.66M | 213.16M | 207.32M | 196.31M | 203.11M | 203.3M | 188.22M | 171.55M | 146.7M | 139.83M | 144.02M | 132.59M | 116.69M | 118.41M | 104.92M |
| Accounts Payable | 137.59M | 117.85M | 127.58M | 125.97M | 109.5M | 109.67M | 92.32M | 90.94M | 79.06M | 87.69M | 94.24M | 80.49M | 78.02M | 73.41M | 65.28M | 69.38M | 63.22M | 56.24M | 59.69M | 53.55M |
| Days Payables Outstanding | 82.51 | 78.78 | 87.68 | 90.58 | 86.11 | 91.21 | 93.41 | 87.43 | 93.44 | 81.47 | 75.63 | 80.71 | 87.73 | 81.06 | 81.52 | 81.86 | 81.44 | 81.98 | 90.99 | 93.12 |
| Short-Term Debt | 5.34M | 1.88M | 1.93M | 3.56M | 2.37M | 3.35M | 12.28M | 10.58M | 12.08M | 17.27M | 7.23M | 6.81M | 4.85M | 3.58M | 7M | 6.89M | 3.3M | 2.2M | 3.75M | 3.75M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 109.02M | 0 | 91.25M | 73.11M | 69.05M | 67.04M | 64.77M | 63.4M | 68.09M | 56.14M | 37.23M | 39.24M | 41.86M | 41.24M | 33.31M | 29.68M | 23.38M |
| Other Current Liabilities | 262.86M | 186.1M | 167.99M | 12.7M | 143.07M | 12.27M | 20.22M | 22.73M | 25.24M | 20.87M | 22.02M | 6.35M | 17.66M | 3.69M | 17.76M | 16.52M | 15.22M | 3.07M | 15.95M | 16.45M |
| Current Ratio | 1.33x | 1.34x | 1.33x | 1.34x | 1.71x | 1.35x | 1.30x | 1.36x | 1.38x | 1.39x | 1.40x | 1.55x | 1.61x | 1.64x | 1.59x | 1.52x | 1.60x | 1.62x | 1.60x | 1.72x |
| Quick Ratio | 1.18x | 1.16x | 1.13x | 1.13x | 1.52x | 1.18x | 1.12x | 1.17x | 1.19x | 1.22x | 1.22x | 1.38x | 1.43x | 1.46x | 1.42x | 1.35x | 1.43x | 1.47x | 1.44x | 1.55x |
| Cash Conversion Cycle | 48.99 | 51.86 | 74.52 | 72.67 | 69.9 | 60.57 | 64.58 | 70.21 | 74.65 | 57.49 | 67.21 | 84.16 | 82.64 | 67.79 | 72.38 | 72.44 | 77.38 | 64.63 | 71.88 | 62.85 |
| Total Non-Current Liabilities | 304.38M | 264.76M | 280.03M | 288.33M | 388.29M | 263.14M | 162.47M | 151M | 156.56M | 172.51M | 166.62M | 167.25M | 173.83M | 139.87M | 140.98M | 127.24M | 112.58M | 93.56M | 97.74M | 98.95M |
| Long-Term Debt | 23.11M | 22.96M | 23.28M | 236.88M | 338.04M | 217.23M | 122.82M | 120.25M | 125.07M | 121.95M | 135.27M | 137.32M | 141.41M | 107.63M | 107.03M | 92.77M | 81.4M | 61.58M | 62.18M | 63.72M |
| Capital Lease Obligations | 0 | 0 | 0 | 19.75M | 19.46M | 20.23M | 19.7M | 9.61M | 10.49M | 16.26M | 9.1M | 8.33M | 8.52M | 8.45M | 9.15M | 9.36M | 9.27M | 8.76M | 8.88M | 8.48M |
| Deferred Tax Liabilities | 26.34M | 27.92M | 34.57M | 28.57M | 26.48M | 11.32M | 9.62M | 9.95M | 9.52M | 21.35M | 7.59M | 7.99M | 8.71M | 8.67M | 9.81M | 10M | 8.03M | 8.39M | 7.19M | 7.1M |
| Other Non-Current Liabilities | 254.94M | 213.88M | 222.17M | 3.14M | 4.31M | 14.36M | 10.34M | 11.2M | 11.48M | 12.95M | 14.65M | 13.61M | 15.19M | 15.13M | 14.99M | 15.12M | 13.88M | 14.83M | 19.49M | 19.64M |
| Total Liabilities | 710.17M | 570.59M | 578.32M | 573.36M | 667.04M | 507.81M | 375.63M | 358.32M | 352.87M | 375.61M | 369.92M | 355.47M | 345.39M | 286.57M | 280.81M | 271.27M | 245.17M | 210.24M | 216.15M | 203.87M |
| Total Debt | 28.45M | 24.84M | 25.21M | 264.72M | 363.84M | 245.07M | 159.2M | 144.38M | 151.67M | 155.48M | 155.79M | 155.98M | 158.3M | 123.53M | 123.19M | 109.01M | 96.66M | 75.56M | 77.2M | 78.14M |
| Net Debt | -16.96M | -8.3M | -7.58M | 227.89M | 217.37M | 207.24M | 120.5M | 107.47M | 104.65M | 100.03M | 108.2M | 108.36M | 117.07M | 78.01M | 86.97M | 73.56M | 68.27M | 45.65M | 45.27M | 45.91M |
| Debt / Equity | 0.09x | 0.08x | 0.08x | 0.87x | 1.25x | 0.97x | 0.65x | 0.60x | 0.64x | 0.65x | 0.68x | 0.69x | 0.71x | 0.57x | 0.60x | 0.52x | 0.45x | 0.37x | 0.38x | 0.38x |
| Debt / EBITDA | 1.34x | 1.04x | 1.41x | 11.46x | 5.43x | 16.06x | 14.81x | 11.35x | 13.54x | 8.63x | 14.20x | 13.72x | 18.97x | 10.80x | 21.56x | 13.42x | 12.90x | 9.77x | 41.26x | 16.93x |
| Net Debt / EBITDA | -0.80x | -0.35x | -0.42x | 9.86x | 3.25x | 13.58x | 11.21x | 8.45x | 9.35x | 5.55x | 9.86x | 9.53x | 14.03x | 6.82x | 15.22x | 9.05x | 9.12x | 5.90x | 24.20x | 9.95x |
| Interest Coverage | 2.29x | 3.29x | 1.45x | 3.98x | 9.86x | 2.48x | 2.56x | 2.64x | 1.81x | 3.50x | 3.18x | 2.33x | 2.03x | 4.46x | 2.58x | 7.00x | 5.77x | 5.22x | -0.57x | 1.83x |
| Total Equity | 317.2M | 323.18M | 313.57M | 303.22M | 290.05M | 251.89M | 245.88M | 239.81M | 236.15M | 237.49M | 230.14M | 227.15M | 222.18M | 218.15M | 205.42M | 210.46M | 213.22M | 205.96M | 202.53M | 206.83M |
| Equity Growth % | 9.36% | 28.3% | 27.53% | 26.44% | 22.82% | 6.06% | 6.84% | 5.58% | 6.29% | 8.87% | 12.03% | 7.93% | 4.2% | 5.92% | 1.43% | 1.75% | 3.68% | 1.15% | 0.46% | 3.91% |
| Book Value per Share | 8.63 | 8.79 | 8.62 | 8.29 | 7.91 | 7.06 | 6.74 | 6.61 | 6.53 | 6.65 | 6.52 | 6.46 | 6.31 | 6.25 | 5.89 | 6.01 | 6.06 | 5.80 | 5.71 | 5.77 |
| Total Shareholders' Equity | 312.2M | 317.53M | 309.21M | 298.36M | 285.79M | 247.69M | 241.26M | 235.04M | 231.52M | 232.64M | 225.44M | 222.07M | 216.77M | 213.22M | 200.54M | 205.5M | 207.7M | 204.55M | 201.42M | 205.78M |
| Common Stock | 357K | 355K | 355K | 352K | 352K | 349K | 349K | 349K | 349K | 348K | 347K | 347K | 346K | 344K | 343K | 345K | 350K | 350K | 358K | 357K |
| Retained Earnings | 56.22M | 56.62M | 53.56M | 52.06M | 42.55M | 6.57M | 1.69M | -394K | -4.88M | -6.39M | -10.27M | -13.6M | -17.32M | -19.3M | -27.59M | -29.54M | -33.92M | -36.72M | -37.92M | -36.67M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.1M | -356K |
| Accumulated OCI | -8.98M | -8.9M | -10.5M | -12.52M | -12.92M | -14.44M | -14.37M | -16.48M | -15.62M | -16.27M | -18.25M | -17.09M | -17.23M | -18M | -21.46M | -15.57M | -12.6M | -12.07M | -14.4M | -14.15M |
| Minority Interest | 5M | 5.65M | 4.36M | 4.86M | 4.26M | 4.2M | 4.62M | 4.77M | 4.63M | 4.85M | 4.7M | 5.08M | 5.42M | 4.92M | 4.88M | 4.96M | 5.52M | 1.4M | 1.1M | 1.05M |