Calumet Inc. (CLMT) quarterly balance sheet — complete assets, liabilities & equity history
Calumet Inc. (CLMT) balance sheet — 23-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | 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 |
|---|
| Total Current Assets | 1.24B | 1.02B | 927.9M | 857.8M | 880.1M | 895.8M | 917.9M | 766M | 789.8M | 795.6M | 811.7M | 794.7M | 863.4M | 847.4M | 799.9M | 819.6M | 788.5M | 774.1M | 691.8M | 632.6M |
| Cash & Short-Term Investments | 225.2M | 109.8M | 138.6M | 125.1M | 94.6M | 110.6M | 123.4M | 38.1M | 34.6M | 7M | 23.9M | 7.9M | 13.7M | 36M | 11.2M | 35.2M | 50.5M | 27.5M | 10.7M | 38.1M |
| Cash Only | 225.2M | 109.8M | 138.6M | 125.1M | 94.6M | 110.6M | 123.4M | 38.1M | 34.6M | 7M | 23.9M | 7.9M | 13.7M | 36M | 11.2M | 35.2M | 50.5M | 27.5M | 10.7M | 38.1M |
| 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 | 466M | 417M | 358.4M | 232.5M | 278.7M | 305.9M | 303.2M | 278.1M | 305.6M | 339.6M | 339M | 286.2M | 285M | 252.8M | 262.2M | 244.7M | 294M | 373.7M | 332.7M | 216.8M |
| Days Sales Outstanding | 24.14 | 24.41 | 25.82 | 22.64 | 24.95 | 27 | 26.32 | 28.28 | 26.97 | 27.23 | 28.28 | 26.9 | 21.52 | 23.02 | 21.99 | 24.79 | 26.36 | 22.57 | 22.52 | 23.12 |
| Inventory | 472.7M | 421M | 369.5M | 385.2M | 400.1M | 370.5M | 389.4M | 416.3M | 409.5M | 394.8M | 403.1M | 439.4M | 447.7M | 439.9M | 454.8M | 497.7M | 402.2M | 325.5M | 337.6M | 326.6M |
| Days Inventory Outstanding | 36.07 | 25.21 | 30.4 | 34.68 | 50.33 | 32.31 | 33.72 | 43.87 | 33.77 | 33.93 | 41.34 | 42.73 | 45.98 | 43.02 | 45.56 | 42.9 | 32.64 | 23.57 | 28.06 | 34.44 |
| Other Current Assets | 34.6M | 75M | 61.4M | 115M | 80M | 108.8M | 101.9M | 33.5M | 40.1M | 54.2M | 45.7M | 54.4M | 68M | 77.2M | 41.8M | 22.4M | 21.2M | 27.9M | 10.8M | 36.2M |
| Total Non-Current Assets | 1.75B | 1.78B | 1.83B | 1.83B | 1.85B | 1.88B | 1.91B | 1.99B | 1.85B | 1.88B | 1.92B | 1.96B | 1.94B | 1.96B | 1.96B | 1.92B | 1.78B | 1.58B | 1.5B | 1.5B |
| Property, Plant & Equipment | 1.3B | 1.32B | 1.34B | 1.58B | 1.36B | 1.39B | 1.41B | 1.68B | 1.45B | 1.55B | 1.59B | 1.62B | 1.6B | 1.62B | 1.64B | 1.59B | 1.45B | 1.28B | 1.16B | 1.1B |
| Fixed Asset Turnover | 1.29x | 1.09x | 0.71x | 0.71x | 0.78x | 0.73x | 0.64x | 0.61x | 0.73x | 0.72x | 0.63x | 0.61x | 0.71x | 0.63x | 0.64x | 0.66x | 0.85x | 1.17x | 0.97x | 0.84x |
| Goodwill | 0 | 0 | 0 | 140.5M | 0 | 0 | 0 | 173M | 0 | 0 | 0 | 173M | 0 | 0 | 0 | 173M | 0 | 0 | 0 | 173M |
| Intangible Assets | 0 | 0 | 0 | 8.7M | 0 | 0 | 0 | 22.8M | 0 | 0 | 0 | 28.5M | 0 | 0 | 0 | 38.4M | 0 | 0 | 0 | 52.6M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 43.9M | 0 |
| Other Non-Current Assets | 456.2M | 458.8M | 490.7M | 104.7M | 491.8M | 492.9M | 492.8M | 118.2M | 397M | 325.1M | 333.5M | 134.4M | 338.6M | 336.4M | 329M | 122.6M | 330M | 300.6M | 299.9M | 169.1M |
| Total Assets | 2.99B | 2.8B | 2.75B | 2.69B | 2.73B | 2.78B | 2.82B | 2.76B | 2.64B | 2.67B | 2.73B | 2.75B | 2.8B | 2.8B | 2.76B | 2.74B | 2.57B | 2.35B | 2.2B | 2.13B |
| Asset Turnover | 0.58x | 0.52x | 0.38x | 0.38x | 0.39x | 0.37x | 0.36x | 0.35x | 0.41x | 0.42x | 0.37x | 0.35x | 0.41x | 0.37x | 0.38x | 0.38x | 0.47x | 0.63x | 0.51x | 0.44x |
| Asset Growth % | 9.52% | 0.95% | -2.43% | -2.51% | 3.55% | 3.95% | 3.37% | 0.25% | -5.87% | -4.75% | -1.19% | 0.38% | 9.19% | 19.14% | 25.91% | 28.81% | 40.07% | 27.9% | 17.54% | 17.67% |
| Total Current Liabilities | 1.17B | 1.22B | 963.1M | 840.7M | 776.3M | 1.18B | 869.1M | 863.6M | 1.25B | 1.22B | 824.4M | 1.11B | 1.32B | 1.2B | 1.27B | 1.35B | 1.32B | 1.3B | 1.12B | 899.8M |
| Accounts Payable | 425.3M | 372.1M | 353.3M | 281.5M | 298.7M | 279.3M | 306.1M | 320.8M | 321.6M | 342.3M | 321.1M | 322M | 342.1M | 278.2M | 394.3M | 442M | 448.8M | 473.5M | 415.1M | 301M |
| Days Payables Outstanding | 32.18 | 23.13 | 25.57 | 25.62 | 37.75 | 24.89 | 26.23 | 34.13 | 27.88 | 28.21 | 31.56 | 31.99 | 32.14 | 32.34 | 40.01 | 42.47 | 41.36 | 31.58 | 30.25 | 29.94 |
| Short-Term Debt | 19.3M | 33.5M | 32.6M | 156.2M | 155.2M | 231.8M | 22.9M | 66.5M | 444.1M | 424.3M | 80.9M | 245M | 441.5M | 234M | 223.7M | 240.5M | 210M | 204.4M | 257.6M | 179.6M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 190.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 569.1M | 654.3M | 458.7M | 190.4M | 227.4M | 498.1M | 397.9M | 276.4M | 326.1M | 280.8M | 248.5M | 142.8M | 376.6M | 527.8M | 474.5M | 469.2M | 487.3M | 534.8M | 383.1M | 231.9M |
| Current Ratio | 1.06x | 0.84x | 0.96x | 1.02x | 1.13x | 0.76x | 1.06x | 0.89x | 0.63x | 0.65x | 0.98x | 0.71x | 0.65x | 0.71x | 0.63x | 0.61x | 0.60x | 0.60x | 0.62x | 0.70x |
| Quick Ratio | 0.66x | 0.49x | 0.58x | 0.56x | 0.62x | 0.45x | 0.61x | 0.40x | 0.30x | 0.33x | 0.50x | 0.32x | 0.31x | 0.34x | 0.27x | 0.24x | 0.29x | 0.35x | 0.32x | 0.34x |
| Cash Conversion Cycle | 28.02 | 26.49 | 30.65 | 31.7 | 37.53 | 34.41 | 33.8 | 38.02 | 32.87 | 32.95 | 38.07 | 37.64 | 35.37 | 33.71 | 27.55 | 25.22 | 17.64 | 14.56 | 20.33 | 27.62 |
| Total Non-Current Liabilities | 2.43B | 2.47B | 2.58B | 2.34B | 2.41B | 2.36B | 2.57B | 2.36B | 1.81B | 1.77B | 2.19B | 1.88B | 1.68B | 1.9B | 1.77B | 1.68B | 1.51B | 1.53B | 1.54B | 1.61B |
| Long-Term Debt | 2.15B | 2.23B | 2.46B | 2.08B | 2.15B | 2.11B | 2.3B | 2.06B | 1.66B | 1.62B | 2.05B | 1.83B | 1.61B | 1.82B | 1.69B | 1.54B | 1.43B | 1.44B | 1.44B | 1.42B |
| Capital Lease Obligations | 0 | 0 | 1.2M | 161.4M | 2.1M | 171.7M | 177.1M | 184.1M | 45.9M | 35.6M | 39.2M | 40.9M | 43.3M | 39.7M | 37.5M | 39.6M | 54.3M | 65.9M | 82.1M | 96.3M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 278.1M | 247.3M | 122.1M | 96.6M | 259.9M | 88.7M | 93.5M | 114M | 109.3M | 112.4M | 98.2M | 14.6M | 32.7M | 42M | 42.9M | 100.6M | 21.6M | 27.8M | 22.2M | 101.3M |
| Total Liabilities | 3.6B | 3.69B | 3.55B | 3.18B | 3.18B | 3.54B | 3.44B | 3.22B | 3.07B | 2.99B | 3.02B | 3B | 3B | 3.1B | 3.04B | 3.03B | 2.83B | 2.83B | 2.66B | 2.51B |
| Total Debt | 2.17B | 2.26B | 2.5B | 2.46B | 2.3B | 2.57B | 2.56B | 2.37B | 2.18B | 2.13B | 2.24B | 2.19B | 2.13B | 2.14B | 2.01B | 1.89B | 1.77B | 1.71B | 1.78B | 1.76B |
| Net Debt | 1.95B | 2.15B | 2.36B | 2.33B | 2.21B | 2.46B | 2.44B | 2.34B | 2.15B | 2.13B | 2.21B | 2.18B | 2.11B | 2.11B | 2B | 1.85B | 1.72B | 1.68B | 1.77B | 1.72B |
| Debt / Equity | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | 4.43x | - | - | - | 6.74x | - | - | 37.31x | - | 40.95x | 27.40x | 188.83x | 13.38x | 63.24x | 29.49x | - | 30.53x | 61.33x | - | - |
| Net Debt / EBITDA | 3.97x | - | - | - | 6.46x | - | - | 36.72x | - | 40.82x | 27.10x | 188.15x | 13.29x | 62.18x | 29.33x | - | 29.66x | 60.34x | - | - |
| Interest Coverage | 5.83x | -1.25x | -7.61x | -0.75x | 6.07x | -1.79x | -1.76x | 0.33x | -0.73x | 0.32x | 0.32x | 0.20x | 2.71x | 0.61x | 1.39x | -0.88x | 1.39x | 0.65x | -0.84x | -1.17x |
| Total Equity | -603.2M | -886.5M | -792.6M | -487.1M | -449.7M | -764.1M | -616.7M | -466.3M | -426.6M | -320.8M | -284.1M | -244.7M | -197.6M | -297.8M | -276.1M | -287.7M | -265.4M | -477.6M | -463.8M | -385.1M |
| Equity Growth % | -34.13% | -16.02% | -28.52% | -4.46% | -5.41% | -138.19% | -117.07% | -90.56% | -115.89% | -7.72% | -2.9% | 14.95% | 25.55% | 37.65% | 40.47% | 25.29% | 11.59% | -35.8% | -69.58% | -199.46% |
| Book Value per Share | -6.85 | -10.12 | -9.11 | -5.60 | -5.19 | -8.80 | -7.14 | -5.42 | -4.99 | -3.98 | -3.54 | -3.05 | -2.46 | -3.72 | -3.45 | -3.62 | -3.30 | -6.01 | -5.87 | -4.87 |
| Total Shareholders' Equity | -870.7M | -1.14B | -1.04B | -732.7M | -695.3M | -1.01B | -862.3M | -712.8M | -672.2M | -566.1M | -530.2M | -491.6M | -450.4M | -548.5M | -527.2M | -533.6M | -467.3M | -479.2M | -465.7M | -388.9M |
| Common Stock | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | 900K | -559M | -523.1M | -484.4M | -442.3M | -540.3M | -518.9M | -525.3M | -457.4M | -469.2M | -455.7M | -378.8M |
| Retained Earnings | -1.73B | -1.99B | -1.89B | -1.57B | -1.54B | -1.85B | -1.7B | -1.54B | -2.16B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -6.2M | -6.2M | -6.8M | -6.8M | 900K | -7M | -7M | 800K | -7M | -7.1M | -7.1M | -7.2M | -8.1M | -8.2M | -8.3M | -8.3M | -9.9M | -10M | -10M | -10.1M |
| Minority Interest | 267.5M | 250.6M | 250.6M | 245.6M | 245.6M | 245.6M | 245.6M | 246.5M | 245.6M | 245.3M | 246.1M | 246.9M | 252.8M | 250.7M | 251.1M | 245.9M | 201.9M | 1.6M | 1.9M | 3.8M |