Mistras Group, Inc. (MG) 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 | 210.88M | 182.68M | 237.5M | 213.31M | 175.97M | 172.47M | 193.33M | 193.46M | 186.97M | 180.36M | 183.15M | 170.83M | 165.91M | 167.88M | 174.43M | 172.92M | 171.3M | 161.34M | 179.98M | 171.51M |
| Cash & Short-Term Investments | 24.99M | 28.01M | 27.8M | 19.96M | 18.54M | 18.32M | 20.36M | 17.18M | 16.86M | 17.65M | 12.75M | 18M | 16.72M | 20.49M | 18.08M | 18.61M | 19.92M | 24.11M | 22.6M | 19.94M |
| Cash Only | 24.99M | 28.01M | 27.8M | 19.96M | 18.54M | 18.32M | 20.36M | 17.18M | 16.86M | 17.65M | 12.75M | 18M | 16.72M | 20.49M | 18.08M | 18.61M | 19.92M | 24.11M | 22.6M | 19.94M |
| 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 | 151.41M | 154.67M | 174.79M | 159.82M | 128.19M | 127.28M | 144.1M | 149.96M | 140.4M | 132.85M | 136.36M | 118.77M | 120.42M | 123.66M | 131.4M | 129.57M | 127.08M | 109.51M | 127.7M | 122.89M |
| Days Sales Outstanding | 81.48 | 83.52 | 78.71 | 70.68 | 71.13 | 72.27 | 74.04 | 69.62 | 67.41 | 68.01 | 65.44 | 61.83 | 65.37 | 69.75 | 67.27 | 65.23 | 65.86 | 63.75 | 66.04 | 60.14 |
| Inventory | 0 | 0 | 0 | 15.12M | 14.14M | 14.48M | 14.51M | 14.94M | 15.08M | 15.28M | 15.78M | 16.07M | 14.76M | 13.56M | 13.26M | 12.97M | 12.59M | 12.69M | 12.18M | 12.84M |
| Days Inventory Outstanding | - | - | - | 10.13 | 10.67 | 10.99 | 10.58 | 9.87 | 9.99 | 11.12 | 11.72 | 11.11 | 10.45 | 10.52 | 9.68 | 9.27 | 9.34 | 9.41 | 9.41 | 9.66 |
| Other Current Assets | 34.49M | 0 | 34.91M | 18.41M | 15.1M | 12.39M | 14.35M | 11.38M | 14.63M | 14.58M | 18.26M | 17.99M | 14.01M | 10.18M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 361.78M | 277.99M | 358.76M | 357.74M | 350.82M | 350.57M | 358.35M | 354.68M | 355.16M | 354.42M | 353.54M | 370.12M | 364.91M | 367.02M | 366.01M | 382.63M | 396.92M | 400.86M | 407.25M | 415.87M |
| Property, Plant & Equipment | 95.25M | 93.16M | 87.66M | 85.91M | 82.8M | 80.89M | 79.85M | 78.78M | 79.7M | 80.97M | 79.76M | 81.3M | 78.82M | 77.56M | 76.13M | 80.58M | 83.69M | 86.58M | 90.37M | 91.9M |
| Fixed Asset Turnover | 1.79x | 2.01x | 2.25x | 2.20x | 1.97x | 2.15x | 2.30x | 2.39x | 2.30x | 2.27x | 2.23x | 2.20x | 2.15x | 2.19x | 2.28x | 2.18x | 1.90x | 1.93x | 1.92x | 1.95x |
| Goodwill | 183.65M | 184.83M | 183.72M | 185.13M | 181.53M | 181.44M | 185.87M | 184.99M | 185.73M | 187.35M | 185.52M | 201.59M | 199.96M | 199.63M | 197.43M | 203.11M | 206.41M | 205.44M | 205.66M | 208.18M |
| Intangible Assets | 0 | 38.41M | 38.45M | 39.57M | 39.19M | 39.71M | 41.5M | 41.71M | 42.66M | 43.99M | 44.47M | 46.15M | 47.36M | 49.02M | 50.34M | 54.28M | 57.48M | 59.38M | 61.7M | 64.61M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 82.88M | -38.41M | 43.86M | 40.44M | 40.95M | 42.26M | 45.48M | 45.54M | 44.42M | 39.78M | 41.56M | 40.17M | 38.45M | 40.03M | 41.52M | 43.42M | 47.12M | 47.28M | 46.85M | 48.64M |
| Total Assets | 572.67M | 578.78M | 596.26M | 571.04M | 526.79M | 523.04M | 551.68M | 548.15M | 542.13M | 534.78M | 536.69M | 540.95M | 530.82M | 534.9M | 540.45M | 555.54M | 568.23M | 562.2M | 587.23M | 587.38M |
| Asset Turnover | 0.29x | 0.31x | 0.34x | 0.34x | 0.31x | 0.32x | 0.33x | 0.35x | 0.34x | 0.34x | 0.33x | 0.33x | 0.32x | 0.31x | 0.33x | 0.32x | 0.29x | 0.30x | 0.30x | 0.30x |
| Asset Growth % | 8.71% | 10.66% | 8.08% | 4.18% | -2.83% | -2.19% | 2.79% | 1.33% | 2.13% | -0.02% | -0.69% | -2.63% | -6.58% | -4.85% | -7.97% | -5.42% | -2.77% | -3.62% | 1.11% | 3.47% |
| Total Current Liabilities | 116.82M | 124.31M | 125.79M | 128.49M | 117.55M | 114.92M | 115.16M | 114.55M | 114.88M | 116.52M | 111.16M | 109.7M | 103.22M | 103.73M | 107.51M | 127.38M | 126.22M | 121.42M | 126.09M | 128.4M |
| Accounts Payable | 18.04M | 14.94M | 18.38M | 18.24M | 13.38M | 11.13M | 13.27M | 13.76M | 15.63M | 17.03M | 14.63M | 17.01M | 13.64M | 12.53M | 12.8M | 17.33M | 12.42M | 12.87M | 13.34M | 18.02M |
| Days Payables Outstanding | 11.71 | 10.51 | 12.78 | 10.95 | 9.14 | 9.25 | 9.71 | 9.66 | 10.75 | 11.34 | 11.65 | 11.04 | 9.66 | 9.94 | 11.12 | 10.79 | 9.35 | 9.92 | 11.79 | 12.3 |
| Short-Term Debt | 12.86M | 12.85M | 13.04M | 13.07M | 12.37M | 11.59M | 10.71M | 10.02M | 9.46M | 8.9M | 8.4M | 7.55M | 7.37M | 7.42M | 7.37M | 21.23M | 21.34M | 20.16M | 18.99M | 17.84M |
| Deferred Revenue (Current) | 0 | 0 | 8.15M | 9.81M | 10.06M | 8.1M | 6.97M | 8.3M | 9.24M | 7.14M | 7.52M | 9.26M | 9.26M | 7.52M | 6.92M | 8.35M | 7.58M | 6.2M | 7.14M | 8.21M |
| Other Current Liabilities | 85.92M | 77.14M | 31.21M | 6.03M | 6.39M | 7.36M | 7.07M | 7.1M | 6.05M | 6.84M | 6.41M | 6.22M | 6.31M | 7.12M | 7.41M | 7.51M | 7.81M | 8.34M | 7.91M | 7.43M |
| Current Ratio | 1.81x | 1.47x | 1.89x | 1.66x | 1.50x | 1.50x | 1.68x | 1.69x | 1.63x | 1.55x | 1.65x | 1.56x | 1.61x | 1.62x | 1.62x | 1.36x | 1.36x | 1.33x | 1.43x | 1.34x |
| Quick Ratio | 1.81x | 1.47x | 1.89x | 1.54x | 1.38x | 1.37x | 1.55x | 1.56x | 1.50x | 1.42x | 1.51x | 1.41x | 1.46x | 1.49x | 1.50x | 1.26x | 1.26x | 1.22x | 1.33x | 1.24x |
| Cash Conversion Cycle | - | - | - | 69.86 | 72.67 | 74.01 | 74.91 | 69.83 | 66.65 | 67.8 | 65.51 | 61.89 | 66.17 | 70.33 | 65.83 | 63.71 | 65.85 | 63.24 | 63.65 | 57.51 |
| Total Non-Current Liabilities | 222.25M | 218.83M | 242.64M | 226.37M | 210.24M | 209.22M | 230.97M | 240.13M | 239.78M | 227.75M | 239.75M | 230.71M | 231.45M | 232.43M | 245.88M | 233.9M | 244.93M | 239.87M | 260.11M | 257.33M |
| Long-Term Debt | 168.49M | 165.14M | 189.24M | 176.34M | 159.5M | 158.06M | 178.99M | 189.69M | 188.96M | 181.5M | 185.47M | 176.12M | 181.97M | 183.83M | 193.85M | 179.16M | 187.48M | 182.4M | 196.87M | 193.33M |
| Capital Lease Obligations | 0 | 46.72M | 14.63M | 15.89M | 15.87M | 15.16M | 11.15M | 10.86M | 11.15M | 11.26M | 12.38M | 12.44M | 11.17M | 10.04M | 9.38M | 9.44M | 9.55M | 9.75M | 10.34M | 10.59M |
| Deferred Tax Liabilities | 0 | 1.87M | 2.88M | 2.22M | 2.09M | 1.97M | 3.78M | 2.57M | 2.69M | 2.55M | 8.54M | 10.1M | 7.87M | 6.28M | 8.79M | 8.57M | 8.66M | 8.38M | 9.2M | 8.62M |
| Other Non-Current Liabilities | 53.76M | 5.1M | 35.89M | 31.92M | 32.77M | 34.03M | 37.05M | 37M | 36.98M | 32.44M | 33.36M | 32.04M | 30.43M | 32.27M | 33.87M | 36.73M | 39.24M | 39.33M | 43.71M | 44.78M |
| Total Liabilities | 339.07M | 343.14M | 368.43M | 354.87M | 327.79M | 324.14M | 346.14M | 354.67M | 354.66M | 344.27M | 350.91M | 340.41M | 334.67M | 336.15M | 353.39M | 361.28M | 371.14M | 361.28M | 386.2M | 385.73M |
| Total Debt | 181.35M | 242.62M | 234.37M | 222.22M | 204.86M | 201.5M | 217.23M | 226.63M | 225.23M | 217.5M | 222.27M | 211.9M | 215.48M | 215.87M | 224.53M | 223.71M | 232.42M | 226.12M | 239.84M | 235.78M |
| Net Debt | 156.36M | 214.61M | 206.56M | 202.26M | 186.32M | 183.18M | 196.87M | 209.45M | 208.37M | 199.86M | 209.52M | 193.9M | 198.76M | 195.38M | 206.45M | 205.1M | 212.5M | 202.01M | 217.24M | 215.84M |
| Debt / Equity | 0.78x | 1.03x | 1.03x | 1.03x | 1.03x | 1.01x | 1.06x | 1.17x | 1.20x | 1.14x | 1.20x | 1.06x | 1.10x | 1.09x | 1.20x | 1.15x | 1.18x | 1.13x | 1.19x | 1.17x |
| Debt / EBITDA | 13.94x | 7.19x | 8.35x | 13.77x | 30.35x | 10.75x | 10.91x | 11.19x | 16.16x | 23.28x | 54.67x | 17.37x | 32.73x | 5.15x | 12.97x | 12.64x | 56.56x | 19.63x | - | - |
| Net Debt / EBITDA | 12.02x | 6.36x | 7.36x | 12.54x | 27.60x | 9.77x | 9.89x | 10.34x | 14.95x | 21.39x | 51.53x | 15.89x | 30.19x | 4.66x | 11.93x | 11.59x | 51.72x | 17.53x | - | - |
| Interest Coverage | 1.75x | 4.11x | 6.03x | 1.99x | -0.30x | 2.67x | 3.10x | 2.71x | 1.25x | 0.15x | -1.12x | 1.01x | -0.45x | 1.56x | 3.33x | 4.52x | -2.42x | 1.05x | 3.97x | 3.61x |
| Total Equity | 233.6M | 235.65M | 227.83M | 216.18M | 199M | 198.9M | 205.54M | 193.47M | 187.47M | 190.5M | 185.78M | 200.53M | 196.15M | 198.75M | 187.06M | 194.26M | 197.09M | 200.91M | 201.03M | 201.65M |
| Equity Growth % | 17.38% | 18.48% | 10.84% | 11.73% | 6.15% | 4.41% | 10.64% | -3.52% | -4.43% | -4.15% | -0.68% | 3.23% | -0.48% | -1.08% | -6.95% | -3.66% | 2.62% | 1.87% | 8.35% | 14.27% |
| Book Value per Share | 7.15 | 7.29 | 7.15 | 6.82 | 6.40 | 6.28 | 6.49 | 6.18 | 5.98 | 6.25 | 6.11 | 6.54 | 6.53 | 6.57 | 6.18 | 6.43 | 6.65 | 6.67 | 6.67 | 6.69 |
| Total Shareholders' Equity | 233.6M | 235.65M | 227.4M | 215.85M | 198.66M | 198.57M | 205.2M | 193.15M | 187.15M | 190.19M | 185.48M | 200.19M | 195.84M | 198.45M | 186.77M | 194M | 196.85M | 200.68M | 200.8M | 201.44M |
| Common Stock | 0 | 499K | 480K | 465K | 406K | 402K | 385K | 385K | 328K | 305K | 302K | 302K | 302K | 298K | 297K | 297K | 297K | 295K | 294K | 294K |
| Retained Earnings | 0 | 6.85M | 2.96M | -10.15M | -13.17M | -9.98M | -15.18M | -21.58M | -27.95M | -28.94M | -26.44M | -16.14M | -16.48M | -11.49M | -14.34M | -18.71M | -23.35M | -17.99M | -17.89M | -21.27M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | -29.11M | -31.33M | -28.34M | -40.2M | -42.68M | -30.02M | -34.18M | -32.56M | -28.34M | -34.46M | -29.04M | -32.12M | -33.39M | -41.28M | -28.29M | -19.76M | -20.31M | -19.18M | -13.71M |
| Minority Interest | 0 | 541K | 422K | 327K | 336K | 327K | 339K | 324K | 320K | 311K | 306K | 346K | 307K | 299K | 283K | 262K | 239K | 229K | 224K | 210K |