Energy Recovery, Inc. (ERII) quarterly balance sheet — complete assets, liabilities & equity history
Energy Recovery, Inc. (ERII) balance sheet — 20-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 | 143.69M | 149.42M | 161.06M | 185.83M | 155.62M | 152.15M | 154.59M | 173.66M | 189.91M | 159.03M | 178.37M | 185.47M | 146.27M | 150.29M | 147.94M | 157.87M | 139.22M | 129.08M | 138.97M | 151.76M |
| Cash & Short-Term Investments | 83.1M | 93.06M | 86.15M | 75.25M | 70.38M | 79.52M | 83.55M | 78.02M | 118.63M | 101.01M | 117.36M | 108.54M | 84.53M | 95.07M | 98.67M | 89.83M | 82.29M | 81.7M | 82.22M | 105.69M |
| Cash Only | 42.48M | 61.44M | 50.12M | 48.08M | 47.1M | 57.05M | 49.14M | 29.63M | 63.26M | 40.31M | 70.78M | 68.1M | 51.44M | 44.24M | 66.33M | 56.35M | 52.13M | 43.22M | 44.52M | 74.36M |
| Short-Term Investments | 40.62M | 31.62M | 36.03M | 27.17M | 23.28M | 22.47M | 34.41M | 48.39M | 55.36M | 60.7M | 46.58M | 40.45M | 33.09M | 50.83M | 32.34M | 33.48M | 30.16M | 38.48M | 37.7M | 31.33M |
| Accounts Receivable | 10.66M | 14.24M | 40.64M | 78.29M | 46.81M | 32.59M | 32.39M | 67.48M | 31.84M | 20.67M | 25.65M | 48.11M | 23.34M | 15.36M | 11.58M | 36.1M | 19.31M | 14.22M | 27.47M | 21.11M |
| Days Sales Outstanding | 102.28 | 208.15 | 551.39 | 86.42 | 114.13 | 105.39 | 557.23 | 68.12 | 62.61 | 77.48 | 277.58 | 57.47 | 48.06 | 59.16 | 160.12 | 60.27 | 50.65 | 93.48 | 67.16 | 46.82 |
| Inventory | 44.05M | 38.24M | 30.89M | 24.26M | 33.57M | 32.66M | 32.41M | 24.91M | 33.46M | 33.66M | 31.67M | 26.15M | 33.89M | 36.31M | 33.12M | 28.37M | 32.13M | 28.23M | 23.48M | 20.38M |
| Days Inventory Outstanding | 540.85 | 1.03K | 461.95 | 122.15 | 266.25 | 293.22 | 715.06 | 134.55 | 229.19 | 308.58 | 530.94 | 156.12 | 289.52 | 440.01 | 527.42 | 224.43 | 294.88 | 340.05 | 207.83 | 180.75 |
| Other Current Assets | 0 | 0 | 3.38M | 8.03M | 4.87M | 7.38M | 6.25M | 1.76M | 5.98M | 3.69M | 3.7M | 2.18M | 4.51M | 3.54M | 4.57M | 2.26M | 3.41M | 3M | 3.1M | 2.87M |
| Total Non-Current Assets | 47.74M | 48.31M | 47.93M | 42.27M | 54.02M | 60.13M | 70.8M | 69.14M | 72.79M | 90.01M | 65.89M | 67.5M | 76.39M | 59.38M | 60.02M | 59.17M | 60.9M | 62.4M | 72.8M | 61.93M |
| Property, Plant & Equipment | 18.88M | 19.3M | 19.95M | 20.64M | 21.54M | 22.32M | 23.75M | 25.12M | 26.5M | 27.85M | 28.93M | 30.17M | 30.64M | 31.7M | 32.42M | 32.7M | 32.23M | 32.86M | 34.21M | 35.01M |
| Fixed Asset Turnover | 0.59x | 0.61x | 0.48x | 3.16x | 1.46x | 1.22x | 0.33x | 2.60x | 1.42x | 0.96x | 0.41x | 1.88x | 1.19x | 0.65x | 0.41x | 1.30x | 0.94x | 0.61x | 0.94x | 0.95x |
| Goodwill | 11.13M | 11.13M | 11.13M | 12.79M | 12.79M | 12.79M | 12.79M | 12.79M | 12.79M | 12.79M | 12.79M | 12.79M | 12.79M | 12.79M | 12.79M | 12.79M | 12.79M | 12.79M | 12.79M | 12.79M |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 29K | 32K | 34K | 37K |
| Long-Term Investments | 2.5M | 5.02M | 5.99M | 8.03M | 9.56M | 14.13M | 23.18M | 21.83M | 21.29M | 37.02M | 12.14M | 13.83M | 21.39M | 2.47M | 3.02M | 3.06M | 4.27M | 4.81M | 14.33M | 2.3M |
| Other Non-Current Assets | 808K | 804K | 737K | -8.03M | 428K | 546K | 429K | 391K | 1.18M | 919K | 387K | 388K | 387K | 753K | 385K | 366K | 365K | 365K | 365K | 367K |
| Total Assets | 191.43M | 197.74M | 208.99M | 231.51M | 209.65M | 212.28M | 225.39M | 242.79M | 262.7M | 249.04M | 244.26M | 252.97M | 222.66M | 209.67M | 207.97M | 217.04M | 200.12M | 191.48M | 211.78M | 213.69M |
| Asset Turnover | 0.06x | 0.06x | 0.04x | 0.30x | 0.15x | 0.13x | 0.03x | 0.27x | 0.15x | 0.11x | 0.05x | 0.24x | 0.17x | 0.10x | 0.06x | 0.20x | 0.16x | 0.10x | 0.15x | 0.16x |
| Asset Growth % | -8.69% | -6.85% | -7.28% | -4.65% | -20.2% | -14.76% | -7.73% | -4.02% | 17.98% | 18.78% | 17.45% | 16.56% | 11.26% | 9.5% | -1.8% | 1.57% | -4.15% | -8.54% | -1.6% | 4.59% |
| Total Current Liabilities | 19.89M | 18.56M | 17.35M | 17.35M | 21.22M | 18.84M | 18.43M | 23.43M | 18.87M | 20.03M | 17.14M | 21.47M | 16.42M | 15.19M | 13.24M | 18.3M | 16.96M | 15.21M | 15.97M | 19.79M |
| Accounts Payable | 7.66M | 5M | 2.79M | 2.11M | 4.74M | 3.44M | 3.4M | 3.11M | 3.41M | 4.75M | 3.49M | 3M | 1.81M | 1.74M | 1.96M | 814K | 1.93M | 2.72M | 4.36M | 909K |
| Days Payables Outstanding | 83.22 | 116.65 | 41.08 | 14.49 | 32.92 | 30.86 | 81.25 | 15.04 | 27.89 | 38.94 | 59.61 | 12.51 | 14.64 | 23.45 | 23.79 | 10.18 | 22.7 | 46.53 | 24.96 | 20.19 |
| Short-Term Debt | 0 | 0 | 2.59M | 0 | 2.47M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 810K | 1.11M | 1.08M | 1.04M | 1.93M | 1.73M | 1.4M | 571K | 2.97M | 3.21M | 3.45M | 1.1M | 1.47M | 1.27M | 1.45M | 1.2M | 2.16M | 1.51M | 2.06M | 3.32M |
| Other Current Liabilities | 2.4M | 175K | 3.48M | 205K | 4.55M | 984K | 1M | 1.09M | 983K | 962K | 2.68M | 1.06M | 944K | 0 | 0 | 968K | 910K | 897K | 914K | 0 |
| Current Ratio | 7.22x | 8.05x | 9.28x | 10.71x | 7.33x | 8.08x | 8.39x | 7.41x | 10.06x | 7.94x | 10.41x | 8.64x | 8.91x | 9.89x | 11.17x | 8.63x | 8.21x | 8.49x | 8.70x | 7.67x |
| Quick Ratio | 5.01x | 5.99x | 7.50x | 9.31x | 5.75x | 6.34x | 6.63x | 6.35x | 8.29x | 6.26x | 8.56x | 7.42x | 6.84x | 7.50x | 8.67x | 7.08x | 6.31x | 6.63x | 7.23x | 6.64x |
| Cash Conversion Cycle | 559.91 | 1.13K | 972.25 | 194.08 | 347.46 | 367.76 | 1.19K | 187.63 | 263.91 | 347.11 | 748.91 | 201.08 | 322.95 | 475.72 | 663.75 | 274.52 | 322.83 | 387 | 250.02 | 207.38 |
| Total Non-Current Liabilities | 6.79M | 6.7M | 7.35M | 7.97M | 7.6M | 8.23M | 8.85M | 9.35M | 9.96M | 10.5M | 11.09M | 11.7M | 12.21M | 12.7M | 13.22M | 13.4M | 13.86M | 14.4M | 14.84M | 15.13M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 5.58M | 5.58M | 6.25M | 6.9M | 7.53M | 8.14M | 8.75M | 9.3M | 9.86M | 10.41M | 10.96M | 11.49M | 11.99M | 12.49M | 12.97M | 13.28M | 13.73M | 14.18M | 14.62M | 14.88M |
| 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 | 1.2M | 1.12M | 1.1M | 1.07M | 69K | 85K | 96K | 57K | 100K | 86K | 102K | 207K | 222K | 215K | 254K | 121K | 127K | 227K | 226K | 247K |
| Total Liabilities | 26.68M | 25.26M | 24.7M | 25.32M | 28.81M | 27.07M | 27.28M | 32.78M | 28.83M | 30.53M | 28.23M | 33.17M | 28.63M | 27.89M | 26.46M | 31.7M | 30.82M | 29.61M | 30.81M | 34.91M |
| Total Debt | 8.49M | 8.23M | 8.85M | 9.43M | 10M | 10.56M | 11.11M | 11.32M | 11.82M | 12.32M | 12.81M | 13.28M | 13.73M | 14.18M | 14.62M | 14.88M | 15.28M | 15.68M | 16.07M | 16.44M |
| Net Debt | -33.99M | -53.2M | -41.27M | -38.65M | -37.1M | -46.49M | -38.03M | -18.31M | -51.44M | -27.99M | -57.97M | -54.82M | -37.71M | -30.06M | -51.72M | -41.48M | -36.85M | -27.54M | -28.45M | -57.91M |
| Debt / Equity | 0.05x | 0.05x | 0.05x | 0.05x | 0.06x | 0.06x | 0.06x | 0.05x | 0.05x | 0.06x | 0.06x | 0.06x | 0.07x | 0.08x | 0.08x | 0.08x | 0.09x | 0.10x | 0.09x | 0.09x |
| Debt / EBITDA | - | - | - | 0.24x | 1.97x | 3.65x | - | 0.42x | 1.39x | - | - | 0.60x | 1.29x | - | - | 0.93x | 2.46x | - | 1.67x | 2.12x |
| Net Debt / EBITDA | - | - | - | -0.97x | -7.31x | -16.09x | - | -0.68x | -6.04x | - | - | -2.48x | -3.56x | - | - | -2.60x | -5.94x | - | -2.96x | -7.45x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 164.76M | 172.48M | 184.28M | 206.19M | 180.83M | 185.21M | 198.11M | 210.01M | 233.87M | 218.51M | 216.04M | 219.81M | 194.03M | 181.78M | 181.5M | 185.34M | 169.3M | 161.86M | 180.97M | 178.78M |
| Equity Growth % | -8.89% | -6.87% | -6.98% | -1.82% | -22.68% | -15.24% | -8.3% | -4.46% | 20.54% | 20.21% | 19.03% | 18.6% | 14.6% | 12.31% | 0.3% | 3.67% | -4.21% | -9.99% | -2.88% | 4.17% |
| Book Value per Share | 3.23 | 3.35 | 3.50 | 3.86 | 3.38 | 3.40 | 3.61 | 3.67 | 4.01 | 3.81 | 3.78 | 3.81 | 3.35 | 3.23 | 3.23 | 3.23 | 2.95 | 2.88 | 3.11 | 3.06 |
| Total Shareholders' Equity | 164.76M | 172.48M | 184.28M | 206.19M | 180.83M | 185.21M | 198.11M | 210.01M | 233.87M | 218.51M | 216.04M | 219.81M | 194.03M | 181.78M | 181.5M | 185.34M | 169.3M | 161.86M | 180.97M | 178.78M |
| Common Stock | 67K | 67K | 67K | 67K | 67K | 67K | 67K | 66K | 66K | 66K | 65K | 65K | 65K | 65K | 64K | 64K | 64K | 64K | 64K | 64K |
| Retained Earnings | 106.89M | 113.22M | 116.42M | 128.67M | 101.75M | 97.88M | 95.83M | 105.71M | 82.23M | 73.75M | 74.4M | 82.66M | 62.85M | 53.19M | 54.86M | 61.15M | 47.43M | 42.64M | 45M | 37.1M |
| Treasury Stock | -190.08M | -187.69M | -177.58M | -166.85M | -163.37M | -152.66M | -135.41M | -130.87M | -80.49M | -80.49M | -80.49M | -80.49M | -80.49M | -80.49M | -80.49M | -80.49M | -80.49M | -80.45M | -61.89M | -53.83M |
| Accumulated OCI | -530K | -435K | -285K | -94K | 34K | 37K | 75K | 98K | 149K | -61K | -60K | -44K | -183K | -127K | -271K | -349K | -509K | -515K | -418K | -149K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |