Tidewater Inc. (TDW) quarterly balance sheet — complete assets, liabilities & equity history
Tidewater Inc. (TDW) balance sheet — 15-year assets, liabilities & shareholders' equity history
| Metric | 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 | Q3'21 |
|---|
| Total Current Assets | 966.88M | 899.61M | 914.13M | 800.33M | 724.51M | 698.2M | 698.66M | 625.97M | 646.95M | 615.51M | 591.13M | 575.37M | 410.49M | 396.44M | 377.91M | 346.71M | 329.78M | 309.19M | 342.67M | 350.09M |
| Cash & Short-Term Investments | 613.54M | 552.28M | 578.76M | 428.23M | 369.4M | 341.8M | 324.92M | 280.84M | 315.9M | 280.85M | 274.44M | 275.07M | 171.26M | 165.15M | 164.19M | 115.01M | 87.98M | 136.23M | 149.04M | 127.41M |
| Cash Only | 613.54M | 552.28M | 578.76M | 428.23M | 369.4M | 341.8M | 324.92M | 280.84M | 315.9M | 280.85M | 274.44M | 275.07M | 171.26M | 165.15M | 164.19M | 115.01M | 87.98M | 136.23M | 149.04M | 127.41M |
| 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 | 306.57M | 299.74M | 285.37M | 332.6M | 316.49M | 312.9M | 323.81M | 293.08M | 280.5M | 285.97M | 268.35M | 250.67M | 195.91M | 182.2M | 156.47M | 181.65M | 189.26M | 134.14M | 156.64M | 154.23M |
| Days Sales Outstanding | 80.6 | 80.71 | 84.4 | 87.53 | 83.87 | 85.93 | 82.23 | 77.52 | 75.98 | 78.53 | 78.88 | 68.64 | 80.03 | 78.92 | 83.28 | 88.97 | 90.03 | 123.76 | 135.96 | 154.02 |
| Inventory | 29.5M | 29.4M | 38.48M | 27.86M | 24.47M | 23.1M | 34.32M | 26.67M | 26.91M | 24.77M | 31.93M | 27.49M | 22.5M | 24.45M | 30.83M | 20.76M | 21.18M | 13.25M | 12.61M | 13.34M |
| Days Inventory Outstanding | 10.94 | 13.08 | 12.77 | 9.87 | 9.22 | 11.15 | 11.9 | 10.18 | 9.93 | 11.47 | 12.48 | 10.29 | 14.11 | 16.89 | 16.25 | 13.35 | 11.82 | 12.18 | 11.97 | 14.11 |
| Other Current Assets | 17.27M | 18.2M | 11.52M | 11.65M | 14.14M | 20.39M | 15.62M | 25.38M | 23.64M | 23.92M | 16.41M | 22.14M | 20.83M | 24.64M | 26.42M | 11.78M | 8.1M | 13.55M | 15.66M | 41.98M |
| Total Non-Current Assets | 1.4B | 1.44B | 1.47B | 1.33B | 1.35B | 1.37B | 1.38B | 1.42B | 1.44B | 1.47B | 1.48B | 1.5B | 933.67M | 930.71M | 919.75M | 936.35M | 952.95M | 744.94M | 753.11M | 772.98M |
| Property, Plant & Equipment | 1.04B | 1.07B | 1.07B | 1.1B | 1.13B | 1.16B | 1.18B | 1.22B | 1.25B | 1.29B | 1.32B | 1.35B | 784.87M | 786.17M | 796.65M | 815.99M | 838.61M | 677.58M | 688.04M | 709.32M |
| Fixed Asset Turnover | 0.32x | 0.30x | 0.31x | 0.31x | 0.30x | 0.28x | 0.29x | 0.28x | 0.27x | 0.25x | 0.23x | 0.28x | 0.27x | 0.24x | 0.23x | 0.23x | 0.22x | 0.15x | 0.15x | 0.13x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 178.79M | 181.36M | 199.82M | 224.05M | 217.75M | 204.21M | 191.96M | 201.1M | 189.22M | 175.69M | 156.52M | 148.19M | 148.8M | 144.54M | 123.09M | 120.36M | 114.34M | 67.36M | 65.07M | 63.66M |
| Total Assets | 2.37B | 2.34B | 2.39B | 2.13B | 2.07B | 2.07B | 2.07B | 2.05B | 2.09B | 2.08B | 2.06B | 2.07B | 1.34B | 1.33B | 1.3B | 1.28B | 1.28B | 1.05B | 1.1B | 1.12B |
| Asset Turnover | 0.15x | 0.14x | 0.15x | 0.16x | 0.16x | 0.16x | 0.17x | 0.16x | 0.16x | 0.16x | 0.15x | 0.18x | 0.16x | 0.15x | 0.14x | 0.15x | 0.14x | 0.10x | 0.09x | 0.08x |
| Asset Growth % | 14.07% | 13.29% | 15.04% | 3.99% | -0.74% | -0.56% | 0.59% | -1.18% | 55.47% | 56.56% | 58.96% | 61.45% | 4.79% | 25.9% | 18.42% | 14.25% | 11.37% | -11.34% | -12.42% | -16.86% |
| Total Current Liabilities | 270.07M | 269.93M | 315.24M | 276.46M | 343.07M | 337.54M | 331.61M | 273.57M | 340.22M | 339.14M | 328.73M | 332.48M | 206.44M | 215.34M | 194.79M | 184.4M | 187.62M | 125.5M | 157.94M | 299.88M |
| Accounts Payable | 62.61M | 58.24M | 66.35M | 42.58M | 48.72M | 50.2M | 71.39M | 64.06M | 60.74M | 51.77M | 44.93M | 57.18M | 69.82M | 64.78M | 38.95M | 31.83M | 30.54M | 23.7M | 20.79M | 18.04M |
| Days Payables Outstanding | 22.45 | 24 | 20.97 | 17.23 | 19.17 | 23.6 | 26.43 | 23.72 | 21.62 | 19.56 | 21.44 | 26.15 | 40.45 | 31.69 | 22.29 | 19.86 | 18.62 | 20.95 | 17.91 | 16.81 |
| Short-Term Debt | 5.68M | 5.76M | 5.84M | 5.84M | 93.37M | 80.04M | 65.39M | 53.1M | 102.99M | 103.01M | 103.08M | 102.37M | 2.44M | 0 | 0 | 0 | 0 | 0 | 0 | 141M |
| Deferred Revenue (Current) | 2.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 96.82M | 5.88M | 8.15M | 12.56M | 13.78M | 18.92M | 16.83M | 7.11M | 8.14M | 9M | 10.67M | 17.21M | 7.37M | 10.01M | 10.97M | 8.06M | 4.73M | 4.12M | 4.89M | 7.83M |
| Current Ratio | 3.58x | 3.33x | 2.90x | 2.89x | 2.11x | 2.07x | 2.11x | 2.29x | 1.90x | 1.81x | 1.80x | 1.73x | 1.99x | 1.84x | 1.94x | 1.88x | 1.76x | 2.46x | 2.17x | 1.17x |
| Quick Ratio | 3.47x | 3.22x | 2.78x | 2.79x | 2.04x | 2.00x | 2.00x | 2.19x | 1.82x | 1.74x | 1.70x | 1.65x | 1.88x | 1.73x | 1.78x | 1.77x | 1.64x | 2.36x | 2.09x | 1.12x |
| Cash Conversion Cycle | 69.09 | 69.79 | 76.2 | 80.18 | 73.92 | 73.47 | 67.7 | 63.98 | 64.29 | 70.44 | 69.92 | 52.79 | 53.69 | 64.12 | 77.24 | 82.47 | 83.23 | 114.99 | 130.02 | 151.32 |
| Total Non-Current Liabilities | 707.9M | 706.76M | 710.42M | 713.4M | 595.07M | 618.26M | 632.11M | 659.72M | 670.54M | 683.53M | 696.35M | 707.55M | 245.19M | 238.39M | 236.88M | 251.56M | 253.47M | 238.89M | 236.07M | 88.58M |
| Long-Term Debt | 647.52M | 648.62M | 649.05M | 649.8M | 531.87M | 555.99M | 571.71M | 597.35M | 608M | 620.33M | 631.36M | 641.3M | 179.57M | 169.42M | 169.04M | 168.65M | 168.28M | 168M | 167.88M | 14.14M |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 59.08M | 58.14M | 61.37M | 63.59M | 63.2M | 62.26M | 60.4M | 62.37M | 62.54M | 63.2M | 64.98M | 66.25M | 65.62M | 68.97M | 67.84M | 82.91M | 85.19M | 70.89M | 68.18M | 74.44M |
| Total Liabilities | 977.97M | 976.68M | 1.03B | 989.86M | 938.14M | 955.8M | 963.72M | 933.29M | 1.01B | 1.02B | 1.03B | 1.04B | 451.64M | 453.73M | 431.67M | 435.96M | 441.09M | 364.39M | 394.01M | 388.46M |
| Total Debt | 653.2M | 654.38M | 679.26M | 675.52M | 625.24M | 636.04M | 637.1M | 650.46M | 710.99M | 723.34M | 734.44M | 743.67M | 182.01M | 169.42M | 169.04M | 168.65M | 168.28M | 168M | 167.88M | 155.13M |
| Net Debt | 39.66M | 102.1M | 100.5M | 247.29M | 255.84M | 294.24M | 312.18M | 369.62M | 395.09M | 442.49M | 460M | 468.6M | 10.75M | 4.28M | 4.84M | 53.63M | 80.3M | 31.76M | 18.85M | 27.72M |
| Debt / Equity | 0.47x | 0.48x | 0.50x | 0.59x | 0.55x | 0.57x | 0.57x | 0.58x | 0.66x | 0.69x | 0.71x | 0.72x | 0.20x | 0.19x | 0.20x | 0.20x | 0.20x | 0.24x | 0.24x | 0.21x |
| Debt / EBITDA | 5.07x | 5.21x | 6.46x | 6.80x | 5.31x | 5.58x | 5.30x | 5.96x | 5.17x | 5.99x | 6.94x | 7.47x | 3.03x | 3.72x | 4.96x | 4.08x | 6.88x | 16.21x | - | - |
| Net Debt / EBITDA | 0.31x | 0.81x | 0.96x | 2.49x | 2.17x | 2.58x | 2.60x | 3.39x | 2.87x | 3.67x | 4.34x | 4.71x | 0.18x | 0.09x | 0.14x | 1.30x | 3.28x | 3.07x | - | - |
| Interest Coverage | 3.81x | 3.42x | 4.16x | 2.25x | 5.76x | 5.19x | 4.17x | 4.34x | 4.02x | 4.07x | 3.37x | 2.80x | 8.02x | 6.44x | 3.74x | 3.56x | -3.29x | -0.69x | -11.04x | -5.93x |
| Total Equity | 1.39B | 1.36B | 1.36B | 1.14B | 1.14B | 1.11B | 1.11B | 1.11B | 1.08B | 1.06B | 1.04B | 1.03B | 892.53M | 873.41M | 865.99M | 847.1M | 841.65M | 689.74M | 701.77M | 734.61M |
| Equity Growth % | 22.18% | 22.84% | 22.5% | 2.26% | 5.3% | 5.23% | 7.08% | 7.98% | 20.89% | 20.81% | 19.83% | 21.77% | 6.05% | 26.63% | 23.4% | 15.31% | 10.78% | -12.55% | -14.76% | -13.94% |
| Book Value per Share | 27.91 | 27.51 | 27.46 | 23.01 | 22.72 | 21.56 | 21.03 | 20.98 | 20.23 | 19.95 | 19.22 | 19.24 | 17.16 | 17.26 | 16.71 | 16.44 | 20.13 | 16.66 | 17.00 | 17.86 |
| Total Shareholders' Equity | 1.39B | 1.37B | 1.37B | 1.14B | 1.14B | 1.11B | 1.11B | 1.12B | 1.08B | 1.06B | 1.04B | 1.03B | 893.08M | 873.31M | 865.97M | 846.64M | 840.72M | 689.38M | 701.3M | 734M |
| Common Stock | 50K | 50K | 50K | 50K | 50K | 51K | 52K | 52K | 52K | 53K | 52K | 53K | 51K | 51K | 51K | 46K | 42K | 42K | 41K | 41K |
| Retained Earnings | -277.36M | -299.02M | -305.16M | -525.04M | -524.24M | -545.89M | -548.83M | -541.19M | -573.39M | -594.35M | -637.84M | -640.13M | -666.33M | -688.91M | -699.65M | -710.27M | -715.65M | -690.07M | -677.9M | -639.97M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 6.95M | 7.13M | 7.25M | 7.89M | 7.27M | 6.61M | 6.06M | 4.59M | 5.06M | 5.21M | 5.27M | 4.41M | 4.57M | 8.25M | 8.58M | 1.47M | 1.76M | 2.47M | 2.67M | -1.29M |
| Minority Interest | -4.88M | -4.3M | -4.13M | -3.7M | -3.49M | -3.26M | -2.93M | -2.64M | -2.26M | -1.82M | -1.54M | -1.21M | -556K | 100K | 22K | 460K | 930K | 363K | 466K | 611K |